Support Board

Date/Time: Sun, 28 Apr 2024 13:49:59 +0000

Post From: Sierra Charts DOM Buy/Sell Limit places order one tick below the price actually selected

[2014-11-26 23:06:00] Link To Thread - Link To Post [Go To First Post]
User497809 - Posts: 4
I am using the Sierra Charts platform with the CQG datafeed. When I place an order on the DOM either a Buy or a Sell Limit it always places the order 1 tick below the actual price I selected. For example if the market is at 1190, I'll place the buy limit at 1180, and the order will work at 1179.9. Or if I place a sell limit at 1195, it will place the order at 1194.9. I am wondering if this is a setting that needs to be adjusted on the platform or if this is a problem within the CQG trade routing connection. I never had these problems when I was using the TTnet or Rithmic datafeeds. Please advise. Note: If I use attached Child orders (Target Limit Sell at +10 ticks, Sell Stop at -10 ticks) these Child orders get placed at the correct distance from the price I selected. Only the Parent order gets placed 1 tick below. For e.g., I select Buy 1180 with Sell at 1181 and Sell Stop at 1179 then Parent Buy order gets placed at 1179.9 but Target Sell Child gets placed at 1181 and Sell Stop gets placed at 1179.