Stop-limit via chart or DoM
Stop-limit via chart or DoM
16 Dec 2018, 17:26
quick question, is there a way to default to a stop-limit order instead of a market order on charts and/or the Dom ?
in the dom i can set limits easy, but i have not yet figured out how to make this stop limits
Replies
swingfish
17 Dec 2018, 12:38
So setting a range in quick trade makes them stop limits ?
That would be nice, I usually use the Dom and just keep moving the orders along with the offers
Which is fine, but a quick entry usually ends up to be quite expensive,
I was assuming the range is like a way to help as it was there even before stop limits existed, thanks for pointing that out.
@swingfish
PanagiotisCharalampous
17 Dec 2018, 12:42
Hi Mario,
The way stop limit is implemented in cTrader is in fact a market range order triggered when the stop price is reached. So if you send a market order with range, it will behave in the same way as it would if it was a stop limit order that was just triggered.
Best Regards,
Panagiotis
@PanagiotisCharalampous
swingfish
17 Dec 2018, 12:46
Does the range consider spread ?
Because the spread is usually what's making scale is rather expensive.
@swingfish
swingfish
17 Dec 2018, 12:48
As example if I could just set a .5 pip range and if the spread takes it out, would prevent the fill ?
@swingfish
PanagiotisCharalampous
17 Dec 2018, 11:32
Hi Mario,
There is no such feature at the moment for DoM. For charts, you can configure market range for market orders via the QuickTrade settings.
Best Regards,
Panagiotis
@PanagiotisCharalampous