Triggers of partial position closing (take profit)

Dear developers!


The current functionality of the platform related to order management is weak.

After entering a position, in most cases the price hangs and can stay in place for several minutes, sometimes 20-30 minutes,  in the meantime, it is necessary to keep a close eye on what is happening, risking both to get a stop and to grab the opening of a position in the opposite direction if, for example, a stop loss (through a protective strategy) and a take part in the form of a partial fixing of the position by the opposite order are placed. The platform lacks the elementary possibility of setting triggers for partial fix of a position, which are canceled when a stop-loss is triggered, for example.

The available OCO orders for the realization of such order management are ineffective, because the triggering of one OCO order completely cancels the stop-loss order, exposing the position to unjustified uncontrolled risk. Again we have to switch to the trading modules of Wolfix and NT, because ATAS does not have realized opportunities for normal order management,  allowing more or less adequately manage the risk without sitting in front of the monitor.
Bearing in mind the above, I ask you to implement triggers for fixing the position in parts, as it is realized, for example, in Wolfix. Such triggers are programmatic and are not displayed on the exchange, but simply close a part of the position when the price reaches the level specified by the trigger marker on a user-defined volume on the market or through quick limiters (optional).

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Upvoters
Status

Planned

Board

💡 Feature Request

Date

Over 2 years ago

Author

An Anonymous User

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