{{Quickfixn}} StopLoss & TakeProfit
Mike Gatny
mgatny at connamara.com
Mon Aug 1 09:25:52 PDT 2016
This depends on what your counterparty supports, so you will need to check
their FIX spec documentation. For example, you may have to manage it
manually using NewOrderSingle/OrderCancelReplace with the OrdType field set
to OrdType.STOP or OrdType.STOP_LIMIT. Or, your counterparty may directly
support things like trailing stops, bracket orders, etc. These often
involve custom fields.
--
Mike Gatny
Connamara Systems, LLC
On Mon, Aug 1, 2016 at 5:26 AM, Nikita Matusevich <nikitam at fptrade.net>
wrote:
> Hello!
>
> How to set (..and modify) stoploss and takeprofit to orders (..and opened
> positions) using FIX Protocol 4.4?
>
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