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Forums>StrategyQuant>Application Support>How to Create OCO Breakout Orders or Turn Off Hedging

  • #261773 |
    Customer
    18 Posts

    How do I create OCO, One Cancels Other orders as a way not to activate Hedged orders or better yet flip a switch not to allow hedged orders.
    I like the idea of setting up pending breakout orders but once one side or the other is activated (the breakout) the other pending order is cancelled.

    • This topic was modified 9 months, 3 weeks ago by Michael47x.
    #261778
    tomas262
    Administrator
    1826 Posts

    Hello,

    check the attached example on OCO pending orders

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    #261784
    Customer
    793 Posts

    deleting OCO pending order only ON BAR?

    because it could happen that the opposite pending order should be triggered on 1 candle

    shouldnt be ON TICK?

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    #261789
    tomas262
    Administrator
    1826 Posts

    You are right. It is a much better option to cancel with “on tick” regime. Made a modified example attached

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    #262001
    Customer
    18 Posts

    Thanks guys.

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