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Date/Time: Mon, 29 Apr 2024 14:27:07 +0000

Post From: Strange problem with IB/Sierra Chart

[2013-07-31 18:22:27] Link To Thread - Link To Post [Go To First Post]
moonmist - Posts: 127
Hi, In both cases, the chart looks fine. ( Someone examined the one-tick chart of oil futures in December, and could not find the source of problem either. ) For the second problematic trade, I was watching the TradingDOM carefully, ( because of the first bad one ). What I saw was: Price traded through the entry price ( I used a limit order for entry ), and the stop loss order on the TradingDOM immediately moved, and got filled. It was unlikely that CLU3 could make an over ten-tick round trip within one second. In addition, Sierra Chart can move the stop really fast. Oil futures market was relatively calm, when the two problematic trades were executed. There were occasions that price jumped wildly up and down, and Sierra Chart still managed to move the stop fast enough to lock in some profit. ( This was the main reason I decided against moving the stop loss manually. ) I have disabled the auto-trailing stop feature for the LIVE account. I did months ( maybe over a year ) of testing using the paper-trading account of Interactive Brokers. This problem has never occurred. I do not have another data feed that can work with Sierra Chart. Otherwise, I may be able to find out whether this problem is specific to IB or common to all data feeds. I plan to do some automated trading within the next few weeks. If this problem is specific to IB, I really need to find another more reliable data feed. Date Time Of Last Edit: 2013-07-31 21:04:57