How can I set the parameters of MarketRangeOrder, who can give me an example?

PanagiotisCharalampous
26 Jul 2019, 10:23

Hi 158197794,

Thanks for posting in our forum. You can use baseSlippagePrice = 1.11305 and slippageInPoints  = 30.

Best Regards,

Panagiotis

158197794
26 Jul 2019, 10:34

RE:

Panagiotis Charalampous said:

Hi 158197794,

Thanks for posting in our forum. You can use baseSlippagePrice = 1.11305 and slippageInPoints  = 30.

Best Regards,

Panagiotis

 

thank you .

so,  for EURUSD,  a  points = 0.00001?

for  GBPJPY   ,  if  I can accept any price opening between 135.029 and 135.129 ,  I can use baseSlippagePrice = 135.029 and slippageInPoints  = 50   ?

PanagiotisCharalampous
26 Jul 2019, 10:37

Hi 158197794,

Yes this is correct.

Best Regards,

Panagiotis

158197794
26 Jul 2019, 10:51

RE:

Panagiotis Charalampous said:

Hi 158197794,

Yes this is correct.

Best Regards,

Panagiotis

There seems to be some problems 。

just now ， GBPJPY  market price  ，ask = 135.092.   

and   I can accept any price opening buy，between 135.014 and 135.094. so I send a

 MarketRangeOrder,  and set  baseSlippagePrice = 135.014 and slippageInPoints  = 40 ,

but, I  receive  PROTO_OA_EXECUTION_EVENT， and  executiontype = ORDER_CANCELLED。

PanagiotisCharalampous
26 Jul 2019, 11:08

Hi 158197794,

The order is cancelled because you ser as baseSlippagePrice = 135.014 and slippageInPoints  = 40 which makes the limit 135.054 while the market price is 135.092 therefore the order is cancelled.

Best Regards,

Panagiotis

158197794
26 Jul 2019, 11:13

RE:

Panagiotis Charalampous said:

Hi 158197794,

The order is cancelled because you ser as baseSlippagePrice = 135.014 and slippageInPoints  = 40 which makes the limit 135.054 while the market price is 135.092 therefore the order is cancelled.

Best Regards,

Panagiotis

But I just asked you above：

for  GBPJPY   ,  if  I can accept any price opening between 135.029 and 135.129 ,  I can use baseSlippagePrice = 135.029 and slippageInPoints  = 50   ?

You said it is correct。

so , if  I can accept any price opening buy，between 135.014 and 135.094.

set baseSlippagePrice = 135.014 and     set  slippageInPoints  = 80?

PanagiotisCharalampous
26 Jul 2019, 11:18

Hi 158197794,

Sorry I didn't notice the price well. I made a typo in my first answer, should have been baseSlippagePrice = 1.11335. In that case the slippage price should be baseSlippagePrice = 135.079

Best Regards,

Panagiotis

158197794
26 Jul 2019, 11:22

RE:

Panagiotis Charalampous said:

Hi 158197794,

Sorry I didn't notice the price well. I made a typo in my first answer, should have been baseSlippagePrice = 1.11335. In that case the slippage price should be baseSlippagePrice = 135.079

Best Regards,

Panagiotis

I understand, thank you very much.

158197794
04 Aug 2019, 10:23 ( Updated at: 21 Dec 2023, 09:21 )

RE:

Panagiotis Charalampous said:

Hi 158197794,

Sorry I didn't notice the price well. I made a typo in my first answer, should have been baseSlippagePrice = 1.11335. In that case the slippage price should be baseSlippagePrice = 135.079

Best Regards,

Panagiotis

HI ,Panagiotis  

       I have found  another problem, in here,   

If  I buy  100k,   it show one pip value is  $9.38, so , This means when the price changes, 1 pips means 0.01. 

so, when I set market range to 5.0 pips,  This means that the specified range of prices is   129.697- 0.05    to  129.697+0.05.

but ，Follow the advice you gave above，If I use API, I must set baseSlippagePrice  = 129.697,and  slippageInPoints = 50.

so, in this parameter： slippageInPoints  ,  one point  = 10*  one pips ?

PanagiotisCharalampous
05 Aug 2019, 10:08

Hi 158197794,

Yes this is correct. In this case one pip equals to 10 points.

Best Regards,

Panagiotis