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, and when the Trigger order is filled, the OCO order (consisting of a Limit order and a Stop order) is activated and consequently submitted to the exchange and 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.

  1. Tap here to enable Chart Trading.
  2. Tap here to set your Lot size.
  3. To enable an Auto OCO Tap on the Defaulted limit (L) order type on your Trading toolbar, then select the AOCO option from the drop down and the AOCO color will turn orange and the Limit will stay Orange as well.
  4. Then set the number of tics away from the order that you want your limit to be placed. To do this tap on the box labeled L to bring up the menu to set the tics for the limit order.
  5. Then set the number of tics away from the order that you want your Stop to be placed. To do this tap on the box labeled S to bring up the menu to set the tics for the stop order.
  6. Tap the T next to the Stop to change it to orange and this will designate that the stop will be a trailing stop.

  1. To enter the trade you can tap either in the blue bid column for a buy or the red column for a sell. In this example we are submitting a buy. Once submitted you will see your initial limit order indicated with a blue circle and the qty in the middle to show it is a buy order. If it was a sell it would be red. If you get filled on one side of this order the other will cancel automatically. If you want to cancel both orders just tap on one of them and both will cancel.
  2. You can tap the blue circle to bring up the details of the order and it also gives you the ability to pull the order with the pull order button

Tip: To revise the orders you can long-press then drag and drop to revise the price of one of the legs. If you want to revise the quantity you need to either enable the order ticket, or go to the working orders tab.

Now the order is filled

This is the Limit side of the OCO. You can long press and drag to revise the stop individually. This is the Stop side of the OCO. You can long press and drag to revise the stop individually. Tip:You can tap the red circle to bring up the details of the order and it also gives you the ability to pull the order with the pull order button Image

TIP: If you cancel one of the legs of the OCO triggered from an Auto OCO only that leg will cancel. The other leg will continue to work. One example would be to cancel the limit and this would leave the Stop working.

You can also view these orders in the order book under the all or Orders Tab filtered to filled.

This is the price at which the initial order was filled. 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. 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.

Tip: You can tap on either of the working orders to pull up a revision ticket just like the one explained in the working tab. Trade how you want, where you want