Needed futures platform with scheduled order entries (and exits)

March 2nd, 2021, 07:58 PM

Hi,

I'm looking for a trading platform (for futures on CME/Globex) that allows a user to submit pre-scheduled order entry.

I basically need to submit pending order (along with bracketed OCO order), which will only be released to the exchange at specified time, pre-set by me when entering the order details earlier.

Example:

At 11pm I want to be able submit a BUY MARKET order that will be send to the exchange at 2.25 am, along with attached Trailing Stop Loss and Target Limit orders.

If I can also paramatrize the parent order so that the child OCO orders get converted to Market order at certain time (e.g. 7.27 am) - all the better.

What trading platforms allow user to do it?

I'm only aware of R Trader to have that functionality but I dislike their GUI and the platform has otherwise limited functionality (e.g. crappy charting).

I think Tradestation has it (not sure?) but they don't accept clients from Europe for futures...

Do you know any other platform that can pre-schedule market orders with attached orders like that?

I'd really appreciate it.

March 2nd, 2021, 11:43 PM

Would be pretty easy to do in Sierra Charts and ACSIL to send orders at a time. May even be able to do it with their spreedsheet systems.

March 3rd, 2021, 03:55 PM

@Trembling Hand:

Thx for mentioning it. I was wondering if it would be doable...

With Sierra Chart, do you know any specific resources focusing on timed order entries of parent order and also conversion of TP, SL bracket orders to MARKET at specific time?

And any tips with ACSIL (spelling?).
Obviously I'm not expecting you to write functions in it for me for free (I wonder, though, how much would someone charge me for such custom snippet of ACSIL code...), but some tips to achieve what I have in mind - to submit Market BUY at pre-scheduled time with attached SL of 50 ticks and trailing stop of 20 ticks on SILK1 (micro silver contract from Comex/Globex) would be great...

March 3rd, 2021, 04:55 PM

pecunianonolet

Obviously I'm not expecting you to write functions in it for me for free (I wonder, though, how much would someone charge me for such custom snippet of ACSIL code...),

But I did...

Code

SCSFExport scsf_SubmitTradeAtTime(SCStudyInterfaceRef sc) {


    SCInputRef TradeTime = sc.Input[0];
    SCInputRef InitialStop = sc.Input[1];
    SCInputRef TrailStep = sc.Input[2];

    if (sc.SetDefaults) {

        sc.GraphName = "Submit Trade At Time";
        sc.GraphRegion = 0;
        sc.AutoLoop = 1;


        TradeTime.Name = "Start trading at: ";
        TradeTime.SetTime(HMS_TIME(8, 30, 0));

        InitialStop.Name = "Initial Stop START Amount";
        InitialStop.SetFloat(50);

        TrailStep.Name = "Trail Step STEP Amount in Ticks";
        TrailStep.SetInt(20);


        return;

    }

    
    int& LastBarIndexProcessed = sc.GetPersistentInt(0);
    int& OncePerDay = sc.GetPersistentInt(1);


    SCDateTime TradingDayStartDateTime = sc.GetTradingDayStartDateTimeOfBar(sc.BaseDateTimeIn[sc.IndexOfLastVisibleBar]);
    SCString dateTime = sc.FormatDateTime(TradingDayStartDateTime).GetChars();
    int StartIndex = sc.GetFirstIndexForDate(sc.ChartNumber, TradingDayStartDateTime.GetDate());



    s_SCPositionData PositionData;
    sc.GetTradePosition(PositionData);
    int Holding = PositionData.PositionQuantity;

    s_SCNewOrder Order;
    Order.OrderQuantity = 1;
    Order.OrderType = SCT_ORDERTYPE_MARKET;
    Order.Stop1Offset = InitialStop.GetInt() * sc.TickSize;
    Order.AttachedOrderStop1Type = SCT_ORDERTYPE_STEP_TRAILING_STOP;
    Order.TrailStopStepPriceAmount = TrailStep.GetInt() * sc.TickSize;



    // One Time Processing per Bar
    if (sc.Index == 0)
        LastBarIndexProcessed = -1;
    if (sc.Index == LastBarIndexProcessed)
        return;
    LastBarIndexProcessed = sc.Index;


    // Submit Order At Time
    if (OncePerDay == 0) {
        if (Holding == 0) {
            if (sc.BaseDateTimeIn[sc.Index].GetTime() >= TradeTime.GetTime()) {
                sc.BuyEntry(Order);
                OncePerDay = 1;
            }
        }
    }
    

}

This is a very very rough example of sending an order at a time with the required attracted trailing stop. Only use for an example of whats possible.

See the docs for more details,
https://www.sierrachart.com/index.php?page=doc/AdvancedCustomStudyInterfaceAndLanguage.php
https://www.sierrachart.com/index.php?page=doc/ACSILTrading.html

2021-03-04 08_53_55-Window

March 15th, 2021, 02:48 PM

@ Trembling Hand:

Wow. I haven�t seen it coming!

Amazing - both the outcome and willingness to go extra mile t help a stranger.
If you message me your email address, I�ll happily gift you a small Amazon e-voucher/gift card - at least you will be able t get yourself some kindle ebook for such effort;-)

Btw, how would I add a Target Profit order - say to sell at Market if the price reaches Target of 70 ticks?

And is there a good way to tell system - in ACSIl code - to only start trailing (by the prescribed trailing step) the position ONLY once the position is 2 ticks in profit (i.e. start trailing/trigger trail once position is 2 ticks in profit)?

March 18th, 2021, 05:30 PM

pecunianonolet

Btw, how would I add a Target Profit order - say to sell at Market if the price reaches Target of 70 ticks?

Just add a line in the s_SCNewOrder block

Quoting

Order.Target1Offset = 70 * sc.TickSize;

pecunianonolet

And is there a good way to tell system - in ACSIl code - to only start trailing (by the prescribed trailing step) the position ONLY once the position is 2 ticks in profit (i.e. start trailing/trigger trail once position is 2 ticks in profit)?

Its already got that

Needed futures platform with scheduled order entries (and exits)

Discussion in Platforms and Indicators

Needed futures platform with scheduled order entries (and exits)