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Date/Time: Mon, 29 Apr 2024 05:28:38 +0000



Limit Chase Order for Bid / Ask Prices instead of Market Price?

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[2018-05-15 15:41:18]
mosheikh1996 - Posts: 3
Hi, is there any native functionality that would allow me to send a limit chase order that only moves to the highest bid price or the lowest ask price?

Currently, if the current market price is at the bid price, and I send a limit chase order at the current bid price, any ask trades would cause a market execution, even if the bid and ask prices remain the same.

Instead, I'd like to send an order for the above scenario that only moves up my order price if the highest bid price moves up.

Thanks.
[2018-05-15 18:40:50]
Sierra Chart Engineering - Posts: 104368
You need to create this. For an example, look at the studies in /ACS_Source/OrderEntryStudies.cpp file.

Refer to:
http://www.sierrachart.com/index.php?page=doc/HowToBuildAnAdvancedCustomStudyFromSourceCode.html
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: 2018-05-15 18:40:58

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