Forum: C2 Software Development
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| Subject: | Possible to change pricing? |
| Posted by: | Marc Perlman ( C2 Score: 175 ) |
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| When: | 6/21/06 (17:37) | |
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| | Hello
For other broker system like JTrader, Strategy Runner, after I send the order like Buy Stop @ 1345, I can change the price to 1355 even the order is activated but not filled. Is it possbile to do that with C2? Do I have to cancel and resend a new order with new price? |
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| | In response to post by Marc Perlman of 6/21/06 (17:37) Hello
For other broker system like JTrader, Strategy Runner, after I send the order like Buy Stop @ 1345, I can...
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It's called a Cancel and Replace (XRplc).
You can do this manually through the order entry screen by clicking XRPLC, or you can do it through the API by issuing a cancel, and then a new signal. |
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| Subject: | Possible to change pricing? |
| Posted by: | Fanus S ( C2 Score: 988) |
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| When: | 6/21/06 (18:06) | |
| Systems: | CTS Treasury Trader, CTS BrB System, CTS CLC System, CTS CLL System, CTS Crash Control, CTS SnapBack System, CTS Synergy System I, Test HighLow System, Test system 1, Test System 2, Test System 3 |
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| | In response to post by Matthew Klein of 6/21/06 (17:44) It's called a Cancel and Replace (XRplc).
You can do this manually through the order entry screen by clicking X...
See entire
Just be very careful when you do this with parked orders. If you currently have a buy stop parked for later time, and the current price is above your stop price, C2 will fill it immediately at market when you click on XRplc when you want to make a change to the order. In that case, this is better to cancel the order and place a new one.
Regards
- Fanus
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| Subject: | Possible to change pricing? |
| Posted by: | Marc Perlman ( C2 Score: 175) |
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| When: | 6/22/06 (1:03) | |
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| | In response to post by Fanus S of 6/21/06 (18:06) Just be very careful when you do this with parked orders. If you currently have a buy stop parked for later time, and the current price is above your stop price, C2 will fill it immediately at market when you click on XRplc when you want to make a change to the order. In that case, this is better to cancel the order and place a new one....
See entire
I see. Thank you for letting me know. Wish API have the cancel and replace feature to save time. Now I know what to do for now.
Thanks for helping me increase my IQ by one points. :) |
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What is the C2 Score?
Collective2 rates every trading advisor in its database and assigns a score between 100 and 1000.
In general, a rating above 500 is good. A rating above 700 is excellent.
Collective2 Ratings are recalculated daily based on the entire performance history in our database. The exact formula we use is proprietary, but there are several key variables that go into the Collective2 Rating. One of the most important factors is the length of time we have been able to observe the performance of the trader. Another key factor is the amount by which the trader over-performs or under-performs the S&P 500 index. Finally, the choppiness of the trader's results is taken into account. Certainly a more consistent trader will be rated more highly than a trader with erratic results.
