====== Auto OCO ====== An **AutoOCO** is an order that consists of three components: a **Trigger order** and the two components of a traditional **OCO Order** that are held on our server. When the Trigger order is filled, the OCO order (consisting of a **Limit order** and a **Stop order**) is activated and submitted to the exchange. When one side of the OCO is filled, the other will cancel. This is a helpful order type as it allows the user to have the initial order protected automatically after it is filled with an OCO order. {{:path:to:auto_oco_image1.png?direct|}} To enter an Auto OCO: * Left-click on the **A OCO** option; the color will turn orange. * Set the number of tics away from the order that you want your **Limit** to be placed. * Set the number of tics away from the order that you want your **Stop** to be placed. * Note: the **T** next to the Stop – left-clicking on this will change it to orange and designate the stop as a **trailing stop**. {{desktop:autooco.png?300}} Now, enter your order on the contract window. The **Limit** and **Stop** orders will be held on the server until the original order is filled. {{desktop:autooco2.png?700}} **TIP:** You can revise any part of the limit or held OCO by either: * Right-clicking on the working order in the **MYB**, **MYO**, or * Right-clicking on the order in the **Order Book** — it will bring up a revision ticket. {{:path:to:auto_oco_image3.png?direct|}} You can view these orders in the **Order Book** under the **All** or **Held** tabs. * This is the initial working order. * This is the Limit side of the OCO that is held on the server until the initial is triggered. * This is the Stop side of the OCO that is held on the server until the initial is triggered. {{:path:to:auto_oco_image4.png?direct|}} Now the initial order has been filled. * This is the price at which the initial order was filled. * This is the **Limit** side of the OCO — note it is working at the distance away from the initial fill price designated before submission. * This is the **Stop** side of the OCO — note it is working at the distance away from the initial fill price designated before submission. **TIP:** If you cancel the original order, the limit and stop will automatically cancel. You can also view these orders in the **Order Book** under the **All** or **Filled** tabs. {{:path:to:auto_oco_image5.png?direct|}} * This is the price at which the initial order was filled. * This is the working **Limit** side of the OCO — note it is working at the distance away from the initial fill price designated before submission. * This is the working **Stop** side of the OCO — note it is working at the distance away from the initial fill price designated before submission.