I have a couple of questions regarding T4 Order Entry which I would like to ask. 1 can it handle simultaneous placement of limit stop and protective stop if hit. 2 can it do #1 and place a take profit stop OCO with the protective stop many thanks
Try Strategy Runner , it connects to the T4 back-end . it has the performance of T4 with complete charting order management (scale out and trailing stops with OCO's)
I was an avid T4 user and I would still be there had I not received a good deal with Open ECry AND liked the platform. By moving off T4 to OEC, I saved myself the $500/mo fee to T4.
T4 is mainly used by professionals and locals on the floor (doing outcry and electronic trading) I think that if performance is critical for you (if you are not a scalper then all platforms are overall the same) , then T4 is worth the extra money as its probably the fastest back-end (faster then TT)