Guaranteed stops

• 02/06/2018 at 12:25 PM #61672
  Henrik

  Talked to IG about g stops and they told me that the limitation that it’s impossible to use g stops from an ordinary account is on the PRT side. Is it possible to use g stops from an ordinary account with next version of prt?

  Regards

  Henrik

  

  Henrik

  Participant

  Topics: 9

  Replies: 97

  Been thanked: 19 times
  02/06/2018 at 4:57 PM #61736
  verdi55

  Both IG and PRT told me they are working on commands to place guaranteed stops directly from PRT. But they could not tell me when this will be done, so I assume we will have to wait for the next version.

  

  verdi55

  Participant

  Topics: 2

  Replies: 311

  Been thanked: 84 times
  02/08/2018 at 4:41 PM #62047
  Ilaria

  Hello Henrik,

  We are currently working on this. It has already been developped by IG and us at ProRealTime and we are testing it. We should be able to release it in the next few weeks.

  Best wishes,

  Ilaria

  ProRealTime

  

  Ilaria

  Participant

  ProRealTime

  Topics: 0

  Replies: 27

  Been thanked: 11 times
  02/08/2018 at 7:41 PM #62067
  Henrik

  Good! Thank you very much for the answers Verdi55 and Ilaria!!

  Regards

  Henrik

  

  Henrik

  Participant

  Topics: 9

  Replies: 97

  Been thanked: 19 times
  02/08/2018 at 8:58 PM #62073
  Eric

  thats good news!

  

  Eric

  Participant

  Topics: 18

  Replies: 441

  Been thanked: 84 times
  03/16/2018 at 10:23 PM #65476
  Henrik

  Hi Ilaria,

  Just wondering hows is it going with the g-stops?

  Best Regards

  Henrik

  

  Henrik

  Participant

  Topics: 9

  Replies: 97

  Been thanked: 19 times
  03/17/2018 at 10:07 AM #65483
  Eric

  I suppose the problem is in proorder and the variation of the min stop distance?

  But could we at least get G stops when trading manually through prorealtime? (and when using orders with alerts)

   

  

  Eric

  Participant

  Topics: 18

  Replies: 441

  Been thanked: 84 times
  03/19/2018 at 12:44 PM #65665
  Ulrike

  Hello,

  The option to place guaranteed stops via the charts and automatic trading systems has been released for demo accounts.

  This new option will be available for live accounts before the end of this month.

  

  Best,

  Ulrike

   

  

  Ulrike

  Moderator

  ProRealTime

  Topics: 0

  Replies: 88

  Been thanked: 32 times
  03/19/2018 at 1:07 PM #65675
  verdi55

  Ulrike wrote:

  Hello, The option to place guaranteed stops via the charts and automatic trading systems has been released for demo accounts. This new option will be available for live accounts before the end of this month.  Best, Ulrike

  Will there also be a command to set guaranteed stops in automated trading ? I think this would be most interesting and important for many of the coding people here.

  

  verdi55

  Participant

  Topics: 2

  Replies: 311

  Been thanked: 84 times
  03/19/2018 at 1:58 PM #65681
  Henrik

  Hi Ulrike!

  Thanks for your answer! How do you code a guaranteed stop then? Looked in the simplefied creation for clues but I couldnt find anything?

   

  Best Regards

  Henrik

  

  Henrik

  Participant

  Topics: 9

  Replies: 97

  Been thanked: 19 times
  03/19/2018 at 2:46 PM #65689
  Ulrike

  Hi Henrik and verdi55,

  It is a checkbox to be activated before you confirm the start of the strategy. All stops will be automatically defined as guaranteed stops.

  

  Ulrike

  1 user thanked author for this post.

  Henrik

  

  Ulrike

  Moderator

  ProRealTime

  Topics: 0

  Replies: 88

  Been thanked: 32 times
  03/19/2018 at 3:10 PM #65698
  verdi55

  OK, that’s fine. However, as a suggestion, it may be useful for the future to have a specific command such as

  set stop pguar 20

  1	set stop pguar 20

  in addition to

  set stop ploss 20

  1	set stop ploss 20

  to select guaranteed or normal stops inside the code. This could be useful to switch on guaranteed stops only over the week-end (to avoid large gaps), and to switch them off on Monday again.

   

  Another problem when only guaranteed stops are used inside a strategy will be that IG does not allow short and long positions with guaranteed stops to be open at the same time in the same instrument. So, it may not be possible to run more than one automated trading system in the DAX, for example, because one of them may be long and another one short at the same time. I don’t know what the way out of this situation could be, but may be you guys at ProRealtime can think about it ?

  

  verdi55

  Participant

  Topics: 2

  Replies: 311

  Been thanked: 84 times
  03/19/2018 at 3:40 PM #65702
  Nicolas

  verdi55 wrote:

  Another problem when only guaranteed stops are used inside a strategy will be that IG does not allow short and long positions with guaranteed stops to be open at the same time in the same instrument. So, it may not be possible to run more than one automated trading system in the DAX, for example, because one of them may be long and another one short at the same time. I don’t know what the way out of this situation could be, but may be you guys at ProRealtime can think about it ?

  This is the new behavior due to the new regulation on CFD trading, not really a technical problem.

  

  Nicolas

  Keymaster

  Topics: 81

  Replies: 20863

  Been thanked: 4774 times
  03/19/2018 at 3:42 PM #65703
  verdi55

  No, no, this is specific to IG. I talked to them, and it is them who do not allow short and long positions with guaranteed stops at the same time in the same instrument. You can look it up in their terms and conditions. It is valid everywhere with IG markets in the world, regardless of regulation.

  

  verdi55

  Participant

  Topics: 2

  Replies: 311

  Been thanked: 84 times
  03/19/2018 at 4:12 PM #65710
  verdi55

  Ulrike wrote:

  Hi Henrik and verdi55, It is a checkbox to be activated before you confirm the start of the strategy. All stops will be automatically defined as guaranteed stops. Ulrike

  Maybe it is helpful to stress that this works only with commands of the type

  set stop loss xx

  1	set stop loss xx

  not with

  sell at xx stop exitshort at xx stop

  1 2	sell at xx stop exitshort at xx stop

  The latter commands will always set normal, non-guaranteed stops.

   

  Now, a question comes to my mind : What happens, when I have both types of commands in a code ?

   

  For example, at the opening of a long position, I say

  set stop ploss 60

  1	set stop ploss 60

  and make this a guaranteed stop by checking the box.

   

  However, a few bars later, another condition may come into effect, saying :

  sell at 12250 stop

  1	sell at 12250 stop

  Will this override the guaranteed stop from the first command, and become a non-guaranteed stop ? Or will there be no effect at all ?

  

  verdi55

  Participant

  Topics: 2

  Replies: 311

  Been thanked: 84 times
• Author
  Posts