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Date/Time: Sun, 19 May 2024 18:59:37 +0000



Post From: Server-side OCO and Bracket Orders

[2014-08-29 10:59:32]
umair1 - Posts: 86
Rithmic R|Trader has a lot of options available when placing trades like: Release when (time or price), Cancel when (time). These are server side orders.

I use the "release when" orders frequently to exit trades before the end of day to meet overnight requirements and it works very reliably.

When a "release when" order is placed in R|Trader it displays in Sierra Chart with the words (pending open). It would be nice if Sierra Chart could incorporate the "release when" type order.

With the "release when" price type order it should be easy to set up a server side OCO order- place target/stop "release when" orders at the same time as the main order. If one of the target/stop orders fills, then cancel the other.