Jump to content
Medved Trader Forums

Options Chart and Setting Up OTOCA Order with Peg to Bid


Cloves2020

Recommended Posts

I am trying to setup a shortcut OTOCA order. The order will have three legs and float till executed. 

First leg:
Limit
Buy
LimitPrice: peg(Bid,+0.0) <this floats the button on the bid till I send

Second leg: (take profit target)
Limit 
Sell
LimitPrice: +20% <sets my take profit to 20% of entry price

Third leg: This is the part that isn't working. I want the stop to be -5% of the bid. But when I drop the button onto the chart, this doesn't float and uses whatever the bid is set to when it lands on the chart. I can go onto the stop capsule and adjust it to peg price and set that to -5 and everything floats correctly. So the limit buy, limit sell, the stop limit are all floating until I click send. 

image.png.0124456b431fd596161bc3809ebc3e78.png

This is the button on the chart and manually adjusting the stop to peg.
image.png.3b88be06b2a4577c7f21e3c118a217ce.png

I have tried the following and when the chart is live, it doesn't work. Both peg and pegpct
image.png.46153c9e5f6ad8c8f780d321c6486d26.png

image.png.46fe80a3afc1de34983a9361dc0dee5b.png

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...