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Date/Time: Tue, 30 Apr 2024 11:49:09 +0000



Time in Force - How it works ?

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[2018-06-24 21:14:37]
User513228 - Posts: 41
Hi, im using Spreadsheet for Trading study with Attached Orders. So "Time in Force" condition i should set up there. Is there default settings so time in force is " Day ". That mean, when i send order and wasnt filled per 24 hours will be canceled right ? How it works in simulation mode ? Please check attachment. In one case order was canceled after 21h, second order after 4 hour.

Can i some set up my unfilled Order will be canceled when price reach my potencial target price ?
Date Time Of Last Edit: 2018-06-24 21:16:47
imageproblem2.png / V - Attached On 2018-06-24 21:11:00 UTC - Size: 110.29 KB - 300 views
[2018-06-25 11:41:15]
Sierra Chart Engineering - Posts: 104368
We have to write up documentation on this. It is according to the SessionEndTime for the symbol as set in the Global Settings >> Symbol Settings for the symbol.

It would be best to set the Time in Force on the Trade window to Good till canceled to avoid it being canceled:
Basic Trading and the Trade Window: Main >> TimeInForce (Time in Force):
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: 2018-06-25 11:42:15
[2018-06-26 20:21:26]
John - SC Support - Posts: 31189
Initial documentation for how the Time In Force is handled for Simulated Orders has been created and can be found here:
Trade Simulation: Time In Force for Trade Simulation Mode
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2018-07-18 12:41:57]
User513228 - Posts: 41
Could be possible add in new update some more choices for TIF ? For example cancel order when price reach some % from order price
[2018-07-18 17:29:49]
Sierra Chart Engineering - Posts: 104368
No, this is not something we would do as a time in force. You just need to custom program that. Refer to:
Automated Trading From an Advanced Custom Study
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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