Login Page - Create Account

Support Board


Date/Time: Fri, 26 Apr 2024 16:14:48 +0000



Both OCO orders execute

View Count: 1451

[2013-06-20 13:21:11]
umair1 - Posts: 86
I was trading Cotton July futures this morning. I was trading off the chart and using OCO orders. I bought at 85.31 and put my OCO stop at 85.12 (order 7501) and my limit at 85.4 (order 7500). Then I realized that July is not the active contract and moved my limit price down to 85.31 (7500) to exit the position. The bid/ask were near 85.3 but not quite there. I then clicked on chart->"Perform futures symbol rollover" and the chart rolled over to october. The contract with the highest volume was december so I rolled it over again.

Then both orders seemed to execute.

Time / Action
05:43:23.000 - Sell at 85.31 filled (order 7500)
05:43:23.001 - Cancelling order 7501 (stop at 85.12)
05:43:23.002 - rithmic order update 85.31 filled
05:43:23.003 - rithmic fill event, stop at 85.12 filled
05:43:23.004 - rithmic order update, 85.12 filled

I attached a screen shot of the trade activity log.

imageoco.png / V - Attached On 2013-06-20 13:13:02 UTC - Size: 186.59 KB - 499 views
[2013-06-20 16:50:32]
Sierra Chart Engineering - Posts: 104368
Stop order with order ID 7501 at the time the Limit was filled, got canceled as it should be but then the server reported it as filled. So it must've filled at the same time it was being canceled.

These are the risks of trading. You cannot always expect everything to work perfect.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing
Date Time Of Last Edit: 2013-06-20 16:51:14

To post a message in this thread, you need to log in with your Sierra Chart account:

Login

Login Page - Create Account