Support Board

Date/Time: Wed, 08 May 2024 23:05:10 +0000

Post From: Duplication of executed stop order by follow up market order

[2020-07-04 12:42:29] Link To Thread - Link To Post [Go To First Post]
User929025 - Posts: 8
Hi, I'm puzzled why on a handful of instances when running an automated trading system which also uses attached order exits, when an exit stop is executed, sierrachart sends a market order which duplicates the already executed stop order. Thus I end up with an unwanted open position in the opposite direction to the original trade. I imagine this may be due to a communication issue between Sierra and Interactive Brokers around the execution of the stop order. This happens perhaps 2 or 3% of the time. I have not enabled Auto-Send Market Order on Rejected Stop Attached Order so I am puzzled why this happens and it is obviously a major problem. I am hoping there is a simple mistake on my part that you know how to correct. I have never had an issue with IB not executing a stop they hold in the system so I really want Sierra not to send this extra order in any circumstances.