Is there a way to send an after-hours order in TradeStation?

June 12th, 2020, 06:15 AM

Hello!
I'm trying to send after hours order to SPY in the end of the day. But it always rejected by TradeStation. Is there a way to send an after-hours order?

Something like this:

If Close> Open then buy right now.

June 23rd, 2020, 09:57 PM

MasterYan

Hello!
I'm trying to send after hours order to SPY in the end of the day. But it always rejected by TradeStation. Is there a way to send an after-hours order?

Something like this:

If Close> Open then buy right now.

This is pretty tricky, since strategies are typically evaluated on the close of a bar. Since you don't know the open until the market opens, you need to wait at least 1 bar for the open to then use it (someone can correct me if I'm wrong).

I don't work with equities in TradeStation, but what you can do is have your strategy make it's entry 1 minute after open.

Code

// Minute chart for Data1
// Daily chart for Data2

Condition1 = Time = 930 ;  // assuming NYSE open and exchange time

if Condition1 and
   Close[1] of Data2 > Open of Data2
   then buy 1 shares this bar on close ;

I'm not entirely sure it will work, but give it a try. Remember, the first bar of the new trading day has to close for an order to be placed.

Let me know if this works for you.

~vmodus

June 24th, 2020, 10:45 AM

I forgot to mention, you cannot send an order through TradeStation if the market is closed. So in answer to your question, no you cannot send an after-hours order through the desktop application.

Since you posted your question here in the EasyLanguage section, I also assumed you are automating your strategy.

Also, you did not specify which 'Open' (today's open or yesterday's), so I just assumed today's open.

Provide some more details and maybe I can help.

~vmodus

Is there a way to send an after-hours order in TradeStation?

Discussion in EasyLanguage Programming

Is there a way to send an after-hours order in TradeStation?