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Date/Time: Sun, 05 May 2024 05:55:14 +0000



Post From: Strange and possible bug with Limit Offset

[2020-09-09 06:55:30]
TeeJay - Posts: 123
Well, if you comment or not. Every time, even if this is not meant offending in the slightest way, someone mentions something that goes against what you think, you simply refuse to talk.
I don't know exactly why that is, but it seems it does not matter really.

If you use ticks in the first place the moved order has the same offset of ticks. Sounds like having sense and being intended. Yet you offer the user a possibility of a percentage limit. Works one time. If you move the order you simply decide to take the possibility of a percentage limit away from the user and press him to use a tick offset.
1. Use ticks and it works.
2. Use the other - seemingly given - possibility and it does not work.
"Go take it or leave it user".

I will also code that to work correctly and recalculate all limits of original stop orders with a pct limit to keep that pct offset if moved. But only as I have the possibility to do it through an ACSIL workaround.

The same you do with order routing - and not allowing proper routing. And this can sadly not be changed as one has no access to the code. You say to users to use your datafeed, which is working great. But in the next step you then show the user prices with that feed which are completely out of his control as you don't allow the user to route his orders properly to the exchange the prices come from. You show prices from NYSE and NASDAQ, yet press to use the shitty SMART routing algo of IB. Which leads to fantasy prices in certain cases where you have an order lying around server side. But this is simply an expected matter of fact because the order on the server is based on IB's SMART prices - because you route it as SMART - and we see exchange prices here. There is a reason why IB allows the Pro customers to route their orders properly and also only see the prices of the given exchange and not the SMART price then.
And this is not something you can blame IB about, because this works as expected. If you don't allow order routing, IB has nothing to with this.

Thanks.