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Date/Time: Thu, 18 Apr 2024 02:40:34 +0000



Market if Touched on Sierra/TT routing

View Count: 1249

[2019-09-20 18:53:41]
nosast - Posts: 290
Are MIT orders not supported by Sierra/TT? It get's canceled right away...
[2019-09-21 00:00:00]
Sierra Chart Engineering - Posts: 104368
Yes but this is exchange dependent. If the exchange does not support them, then they will get rejected. You need to use the client-side version:
Order Types: Market if Touched - Client
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
[2019-09-21 10:29:00]
nosast - Posts: 290
Ok thanks. Than I will use the client-side version.

Strange it was working with Rithmic on CME.
[2019-09-21 10:47:41]
Sierra Chart Engineering - Posts: 104368
This was because Rithmic was managing it and actually not sending it to the exchange.
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
[2020-01-15 21:38:16]
nosast - Posts: 290
Are there any plans to support MIT orders like Rithmic does? Hold it on your server (if TT doesn't support it) to have them closer by the exchange? For me living in Europe I have a ping time of around 130ms to Chicago and often use MIT to get a trade on. Having the logic running in or next to Aurora could save me a tick here an there...

Currently I'm still testing your order routing and would use MIT Client side which clearly elimates the latency of the human but the network latency still applies.
Date Time Of Last Edit: 2020-01-15 21:40:10
[2020-01-15 23:26:42]
Sierra Chart Engineering - Posts: 104368
We did implement support for TT Market if Touched orders but we ran into a problem. A new order is created at the time the order is triggered. This creates confusion and problems with managed orders on the Sierra Chart side.

And there are 2 order fills reported. One for the triggering order and then one for the actual order.

So as a practical matter they are just not usable on the TT side. As far as implementing them ourselves on the server, yes this is possible but there are a lot of details to implement this. It is not going to come soon.
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
[2021-01-07 04:10:53]
User472511 - Posts: 19
Was this feature ever implemented or is it still necessary to use client side MIT orders if using Sierra Routing? Thanks.
[2021-01-07 10:11:57]
Sierra Chart Engineering - Posts: 104368
Yes client-side MIT orders is still the only way.
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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