Minimum ordersize fluctuates during day?
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- This topic has 7 replies, 5 voices, and was last updated 4 years ago by XORANDNOT.
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10/27/2020 at 4:26 PM #148682
an obervastion on wallstreet 2$ in demo.
I had a code running with positionsize 0.5 in profit. Then suddenly orders are getting rejected and after 3 times the strategy is stopped. I restarted the strategy but now orders are getting rejected because the minimum requirement is positionsize 1 suddenly.
10/27/2020 at 4:52 PM #14868510/27/2020 at 5:09 PM #148696It looks like minimum distance requirements for pending orders, which can be a few pips normally, up to 300 at night or when there’s high volatility.
10/27/2020 at 5:11 PM #148697yes exactly. I restarted it once or twice since but hasn’t taken new trades since 16:05 (got email) it stopped again. IG on their website indicated that the minimum-size was 0.5
I copied&paste the live demo code directly into an empty strategy to compare.
(sorry i posted that screenshot on 1€ instead of 2$ but for the backtest doesn’t matter)
10/27/2020 at 5:17 PM #14870110/28/2020 at 9:51 AM #14876210/28/2020 at 11:30 AM #14877010/28/2020 at 10:58 PM #148839It happened to me a year ago when I started a DAX 1€ live trading system on Sunday. On Monday morning, it was halted because the position size (0.5 contracts) was too low (minimum size was 1 contract at this time). I called IG and they said that something may have changed over the week-end. Later the same day, the trading system worked well again with 0.5 contracts after a restart.
Since this day, I start all my systems with position sizes below 1 contract on Monday morning after 8 a.m. and the problem has never occured again.
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