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Date/Time: Fri, 03 May 2024 13:47:33 +0000

Post From: Fastest way to place OCO from chart?

[2015-10-17 02:18:06] Link To Thread - Link To Post [Go To First Post]
Lux - Posts: 14
Hello! Well,the title it self is the question,but let me go into details to get precise answer from you guys. Lets assume that i am with one of SC supported futures brokers,hence i can place orders directly from SC. Strategy that i am currently testing is about scalping and often there is very little time to enter orders(sometimes only 10-15sec in fast moving market)and it has to be done thru charts. Entries are thru limit orders thus using OCO is the way to go(to place entry,stop and target at the same time) Most of the time R:R is 1:1,meaning stop is usually two ticks and target is two ticks.As those are two components of OCO that are fixed most of the time only two things left are to set entry price and side. Therefore i was thinking that it might be possible to make custom OCO where i would be able to right-click on chart,choose side and then enter price and set the OCO order? Is that possible?If not,could you suggest what would be fastest way to set OCO orders right from the chart?