Login Page - Create Account

Support Board


Date/Time: Fri, 26 Apr 2024 13:26:25 +0000



[User Discussion] - Interactive Brokers native trailing stop : how to get it ?

View Count: 1195

[2018-03-15 17:22:28]
User877753 - Posts: 152
Hello,

I noticed SC Trailing Stop does not use Interactive Brokers native Trailing Stop order : in fact, a Stop order is sent by SC each time the evolution of the price requires it.

There are IMHO two issues here :
- if the connection between SC et IB is lost, there is no more trailing
- on EUREX, each order modification cost 0.5 euro : one can imagine trailing a 100 points on the DAX, eg 200 ticks, could cost at worst 50 euros just in EUREX modification fees... (https://www.interactivebrokers.com/en/?f=%2Fen%2Faccounts%2Ffees%2FcancelModifyExamples.php)

Is there a way to send native trailing stop order in IB ?

Best regards,

JM
[2018-03-15 18:47:13]
Sierra Chart Engineering - Posts: 104368
No, this is not supported and would never happen ever under any circumstances. Due to the terrible unreliability of Interactive Brokers and numerous reasons, this would never under any any any circumstances would this ever ever happen.
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: 2018-03-15 18:48:13

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

Login

Login Page - Create Account