Thread: management of entry orders

Hello,
I use waiting market orders very often, and I wonder if I can have an option in managing of orders like this:
If entry order 734133** triggers --> dont trigger entry order 734134**..
Is it possible?

What is it good for? My entry orders are often hard to reach, and I rather have more waiting entries to increase probability that at least one will be triggered. Problem comes when the price goes through all of them- too big risk.

Thanks

Hi juraj,

Originally Posted by juraj

Hello,
I use waiting market orders very often, and I wonder if I can have an option in managing of orders like this:
If entry order 734133** triggers --> dont trigger entry order 734134**..
Is it possible?

Yes it is possible. This kind of order is called OCO. Please read more about the OCO order here.

To create OCO order in TS, right-click in the Orders window and choose Simple OCO or Complex OCO. Simple OCO ties up 2 orders. Complex OCO can tie up 2 or more orders, if one is executed all others will be cancelled.



Best regards,
Ekaterina

Wau, that is great. Thanks for quick answer ;-)