Is there a conventional order which may allow a trader to avoid filling an order at certain open market times (thinking 20 mins. post opening and pre-closing)? Hell, is there a time condition I'm just missing? This of course coupled w/the conventional stop or limit order.
Conditional order based on time. IT is not an order type, it is a function of the platform. RealTick can do that. https://www.lightspeed.com/trading-platforms/realtick-pro-and-express/realtick-platform-features/ bob
Thanks bob, Seems like TWS may have time condition available. Will have to dig deeper. https://www.interactivebrokers.com/en/index.php?f=584
Would your platform create some sort of "IF" and/or "THEN" type of orders. Ex: If time is past 12:30pm and price is either >high or <low of 30 min. bar of starting from 12:00 pm. if so, then go long or go short.