Market Range

Spotware
14 Apr 2014, 10:07

Market range is the maximum deviation from the price you see in the platform at which your order can be filled.

For example if Ask price in the platform is 1.38428 for EURUSD and you send Buy MarketOrder with 2 pips market range your order cannot be filled by price higher than 1.38448.

irmscher9
20 Jan 2018, 16:44

Does this work in cAlgo?

PanagiotisCharalampous
22 Jan 2018, 10:55

Hi irmscher,

Yes you can specify market range in the ExecuteMarketOrder function.

Best Regards,

Panagiotis

juangmez87
11 Feb 2018, 12:48

Hello,

And how i can use it with a PlaceStopOrder to control the slippage?

Thank you very much!

PanagiotisCharalampous
12 Feb 2018, 12:10

Hi juangmez87,

Stop Limit Order is currently not available in cAlgo.API. It will be added in a future release.

Best Regards,

Panagiotis

trend_meanreversion
27 Jun 2019, 01:24

RE:

Panagiotis Charalampous said:

Hi irmscher,

Yes you can specify market range in the ExecuteMarketOrder function.

Best Regards,

Panagiotis

Hi Panagiotis,

Market Range feature has been removed it seems in your new released API. Is it deliberate ? Can you please advise and provide that feature as part of 'ExecuteMarketOrder' ?

-TRMR

PanagiotisCharalampous
27 Jun 2019, 09:52

Hi trend_meanreversion,

It has not been removed. There is a new method for it. 

Best Regards,

Panagiotis

trend_meanreversion
28 Jun 2019, 04:16

RE:

Panagiotis Charalampous said:

Hi trend_meanreversion,

It has not been removed. There is a new method for it. 

Best Regards,

Panagiotis

Cool, thanks. Somehow I didn't see any of them having market Range argument yesterday.

Thanks mate !

trend_meanreversion
28 Jun 2019, 04:20

RE:

Panagiotis Charalampous said:

Hi trend_meanreversion,

It has not been removed. There is a new method for it. 

Best Regards,

Panagiotis

Ok just realized that I was looking inside ExecuteMarketOrder not ExecuteMarketRangeOrder!

Can you elaborate on what is 'basePrice' argument in ExecuteMarketRangeOrder ? Shouldn't market range order take current price as base price and then marketRange in pips as slippage one is comfortable while getting executed ?

Please advise on what should i give as basePrice in that function.

-TRMR

PanagiotisCharalampous
01 Jul 2019, 12:10

Hi trend_meanreversion,

It is the price that will be considered for the slippage calculation. If you want it to behave like the previous version, just use bid/ask prices.

Best Regards,

Panagiotis

trend_meanreversion
02 Jul 2019, 00:17

Thanks

jani
07 Nov 2019, 19:31

RE:

Panagiotis Charalampous said:

Hi irmscher,

Yes you can specify market range in the ExecuteMarketOrder function.

Best Regards,

Panagiotis

Hello,

can you please give some examples of ::

 double basePrice

in   ExecuteMarketRangeOrder?

Jonkey
16 Nov 2019, 03:32

RE: RE:

jani said:

Panagiotis Charalampous said:

Hi irmscher,

Yes you can specify market range in the ExecuteMarketOrder function.

Best Regards,

Panagiotis

Hello,

 

can you please give some examples of ::

 double basePrice

in   ExecuteMarketRangeOrder?

/* public TradeResult ExecuteMarketRangeOrder(TradeType tradeType, string symbolName, double volume, double marketRangePips, double basePrice, string label, double? stopLossPips, double? takeProfitPips, string comment, bool hasTrailingStop, StopTriggerMethod? stopLossTriggerMethod) */

ExecuteMarketRangeOrder(TradeType.Buy, Symbol, 5000, 3, Symbol.Ask, "myRobot", 20, 40, "this is a comment");