PlaceLimitOrder / PlaceStopOrder with a start price

Created at 19 Feb 2019, 10:48
Subscribe
How’s your experience with the cTrader Platform?
Your feedback is crucial to cTrader's development. Please take a few seconds to share your opinion and help us improve your trading experience. Thanks!
KE

ketos.energy

Follow

Joined 19.02.2019

PlaceLimitOrder / PlaceStopOrder with a start price
19 Feb 2019, 10:48

Hi cTrader community

I am a bit confused and I hope to find a solution here.
When I work manually on a graph, I am able to place a limit order or stop order with a set price. When the market reaches this price, the order is opened and executed when the according stop loss or take profit is reached.
When I try to achieve the same in cAlgo using the PlaceLimitOrder() or PlaceStopOrder(), I am only able to define a targetPrice and not a startPrice.


How can I achieve the exact same action in cAlgo than I can achieve manually? How can I specify the start price and not the target price?

 

Thanks in advance for your help.

Adrian

@ketos.energy
Replies

Shares4UsDevelopment
26 Feb 2019, 10:59

RE:

PlaceStopLimitOrder

@Shares4UsDevelopment

ketos.energy
26 Feb 2019, 11:17

Thank you Ton for your response.

According to the API reference, PlaceStopLimitOrder does also take "targetPrice" and not "startPrice" as Parameter -> https://ctrader.com/api/reference/robot/placestoplimitorder

@ketos.energy

PanagiotisCharalampous
26 Feb 2019, 11:27

Hi Adrian,

Thanks for posting in our forum. I am not sure what do you mean when you say start price. The target price is the price at which the pending order will be triggered. You can add a SL and TP on that order separately.

Best Regards,

Panagiotis

 

@PanagiotisCharalampous
Copyright © 2024 Spotware Systems Ltd. All rights reserved.
The services provided by Spotware Systems Ltd. are not available to citizens or residents of the USA. Neither is the information on our websites directed toward soliciting citizens or residents of the USA.