IB: conditional orders based on "cushion"

Discussion in 'Retail Brokers' started by TraDaToR, Jun 10, 2009.

  1. TraDaToR

    TraDaToR

    Hello,

    How does it work? Can you create for example an order that will remain valid until the order is % away from the instrument?

    When we use "price" as the condition, can the underlying be the instrument you placed the order on? I wanted to do it with futures calendar spreads but I don't know how to enter the "underlying"?

    Thanks a lot.
     
  2. TraDaToR

    TraDaToR

    Someone from IB? It's from the last TWS release.
     
  3. TraDaToR

    TraDaToR

    I made an error. The cushion condition is a margin condition.

    However, how does it come we cannot use calendar spreads to define PRICE condition.

    That would be great, IB.