I have a question about CGQ Q TRADER: If i exit the software, the Bracket order don't stay in the server ? like in TWS ?
I contacted CQG. They said," If you log off CQG without cancelling a working Bracket order, the only order working at the exchange is a limit order without the target and stop loss protection."
Don't use a stop market use a stop limit with a wide enough range that it's basically a stop (but implemented as a marketable limit order on stop trigger). You're hung up on stop market orders when you don't need to be.
I am using Transact... I have to have bracket orders as well, it works great... the underlying chart function is Sierra Charts, it has every chart function and Study you could ever want
That's interesting. Is that because CQG doesn't offer bracket orders on their servers at all OR they do but it's the logging off that causes the change? Although I must say that the logic points out clearly that based on what you described it must mean that CQG's brackets are held on customer platform only. I'm using Rithmic and I know that they offer brackets held on their servers so I assume than if I logged off or disconnected than once the entry order gets filled, brackets should work correctly, right?
No I did not. That's what I assumed from "broker's server side" held orders. With that CQG comment you just made me wonder, but I guess it must be due to the fact that their brackets/OCOs are not held on broker's servers, right?
Rithmic connects directly to an API or iLink Session from the FCM. Not sure where it would reside expect your PC or the exchange, Again, it is best to ask them. To find out about CQG, I had to ask them.