True breakout strategies in SQX using pending orders?

Hi,

Is it possible to have SQX generate strategies that consist of a maximum of two pending orders, always one a buy stop, the other a sell stop, where one order triggered cancels the other.  This is in order to generate symmetrical breakout strategies.

The important points:

1. There are only ever zero or two active orders.
2. There is always a matching buy and sell stop
3. One order cancels the other. So if the buy stop order is triggered and becomes a market buy, the pending sell is instantly cancelled. And vice versa.

Can SQX do this?

Thanks,

Mike

Hello,

can be setup only manually using AlgoWizard. SQX does not use OCO order types directly when long/short stop symmetrical strategies are generated

Do you think it is worth me creating a feature request so that SQX could generate these types of strategies?

It would be ideal to write a feature request for this. This can be more benefit to some strategies compared to existing order expiration concept