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Date/Time: Sat, 20 Apr 2024 11:28:06 +0000



Limit Touch Chase order

View Count: 2813

[2016-01-18 05:20:59]
sigmadict - Posts: 95
Hello,
I have been reading all the documentation multiple times and so on, and I can't figure out how the Limit Touch Chase order work, I tried my best, but can't figure out when/how to use it, especially how to enter the Limit Touch. I think an example with numbers would be great add-on to the documentation.

When I enter the this order type, it does chase anything from my perspective, and act as a Limit order when entered OCO.

Can you please help me understand how to use it, and how it is supposed to act.

Regards
[2016-01-18 21:28:34]
Sierra Chart Engineering - Posts: 104368
We are going to be updating the documentation later today for this. We will post here when done.
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
[2016-01-22 04:46:58]
Sierra Chart Engineering - Posts: 104368
We apologize for the delay. We are going to be updating the documentation for this in the next few hours.
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
[2016-01-22 04:56:34]
Sierra Chart Engineering - Posts: 104368
For reference this is the documentation for the Limit Chase Order Type:
http://www.sierrachart.com/index.php?page=doc/doc_OrderTypes.html#LimitChase
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
[2016-01-24 07:54:03]
Sierra Chart Engineering - Posts: 104368
We have reviewed and improved upon the Limit Chase Order Type documentation:
https://www.sierrachart.com/index.php?page=doc/doc_OrderTypes.html#LimitChase

Reload that page for the latest description. Let us know if you still have questions about it.
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
[2016-01-25 23:37:35]
sigmadict - Posts: 95
Hello,
Thank you very much for the replies.

I read the new documentation on the "Limit Chase" and it is well done and clear.
I still have interrogations regarding "Limit Touch Chase" orders.

It would be great if you could implement the type of documentation you did similar to the "Limit Chase" ordes.
I am looking foward to use it in Automated Trading, but I still feel confuse about that one.

Thanks,
Regards
[2016-01-25 23:56:34]
Sierra Chart Engineering - Posts: 104368
The only difference between Limit Chase and Limit Touch Chase is that the Limit Touch Chase order does not become active until the last trade price of the market touches the Limit Touch Chase order price.

Once that happens, it functions the same way as a Limit Chase order does.
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

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