Way to suspend open orders when buying power drops below a level

Discussion in 'Interactive Brokers' started by ET180, Aug 3, 2022.

  1. ET180

    ET180

    Is there a way to automatically suspend or cancel open orders once buying power drops below a certain level?
     
  2. d08

    d08

    What about deriving it from the Margin Cushion condition?
     
  3. MrMuppet

    MrMuppet

    To be honest, once your buying power is not sufficient to support your orders, they should be cancelled automatically unless they are reducing your position.