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| developers:fixapi.trailingstoporder [2025/08/15 14:02] – rob | developers:fixapi.trailingstoporder [2025/08/15 14:03] (current) – rob | ||
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| <WRAP center round info 100%> | <WRAP center round info 100%> | ||
| - | In this example, the stop order is submitted at the trigger price specified by StopPx (Tag 99). If the market moves away from the trigger price then the order trigger price is revised by the specified number of trailing ticks away from the market (TrailingDelta - Tag 10100). If the market moves towards the trigger then no revisions are made. <color # | + | * In this example, the stop order is submitted at the trigger price specified by StopPx (Tag 99). If the market moves away from the trigger price then the order trigger price is revised by the specified number of trailing ticks away from the market (TrailingDelta - Tag 10100). If the market moves towards the trigger then no revisions are made. <color # |
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| - | Please note that the exchanges generally place limits on market orders which effectively makes Market orders a limit order with a 10 or 20 tick price limit on it. Hence, you are not guaranteed a fill with a market order in a market that is moving very fast. Please check with the exchange you are trading to determine what their current limits are. | + | |
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