Stop multiple orders from being triggered
Created at 04 Mar 2024, 10:16
Stop multiple orders from being triggered
04 Mar 2024, 10:16
I am placing a stop Order and then get the callback whe the Position has been opened. I check whether there are any open positions or orders before opening a new stop order but sometimes the execution is so fast that a new order is triggered though one has already been placed (but probably is still pending creation/registration).
How would I solve this? I only want an order to be place if there no others have been triggered.
firemyst
03 Mar 2025, 03:25
If you keep track of all your stop orders in your code, then you know when one is triggered. That is, on every tick see if you have any stop orders in your data structure and if so, check each one to see if the condition is met. If so, place the order as a market order instead so you know when it's placed. Then you can stop checking the other stop orders you have in your queue.
@firemyst