Stop Limit Order disappearing

Created at 07 Mar 2020, 21:21
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ulises.guerrero

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Joined 23.11.2018

Stop Limit Order disappearing
07 Mar 2020, 21:21

Hello,

I must have some basic misunderstanding how stop-limit orders work.

 

Lets suppose I want to buy at 1.3 (not any higher), and price is at 1.25. Then I setup my Buy Stop Limit order to 1.3 Limit Range 0.

When the price passes 1.3, instead of getting filled, or turning into a Buy Limit order, it just dissappears.

 

Why is that?

 

Regards,

Ulises

@ulises.guerrero
Replies

ulises.guerrero
07 Mar 2020, 22:43

RE:

A related question, 

Why is it not possible to enter negative in the pip Limit input?

Lets say stop is 1.3, once that price is reached, I want a buy limit to be active at 1.25 (below the stop level).

Regards

Ulises

@ulises.guerrero

PanagiotisCharalampous
09 Mar 2020, 09:01

Hi ulises.guerrero,

From your description it seems that the stop limit order is sent but it cannot be executed due to the strict market range you set. Regarding the second post, you cannot do this with a stop limit order. You need to program a cBot that will place a limit order when the condition is met.

Best Regards,

Panagiotis 

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