Get position information

[naifwonder]

I am considering automating my strategy to the point where it will take the trade and exit the trade completely on its own. I understand how to get eSignal to send the order to enter the trade. My problem is that my entry price is not always filled meaning that entries can potentially become invalid (this is critical to the system). As a result, I would need eSignal to be able to determine wether or not my original entry order was actually filled or not before sending the profit target and stop loss orders.

So, here is the question - is it possible for eSignal to determine wether or not my order was actually filled before sending my profit target and stop loss orders? If so, how would I go about doing this?

If it makes any difference, I will most likely be using Interactive Brokers as my broker.

[eSignal_JasonK]

Hello naifwonder,

At this time eSignal does not have the built-in EFS functions needed to request the specific information about orders. This is an area we will look to improve on in the future.

[windswepttom]

Hi
I use TWSLink and it can do that with options ( should work with anything). To buy, I submit a limit order at the mid (Bid +Ask)/2 and if after 5 seconds it does not fill. I modify the order, first I get the current mid and add $0.01 to the limit order and then if it does not fill in 5 sec I add $0.02. to the current mid this time and modify the order with the new limit price. And so on to a max of the Ask price. To sell, I do the opposite (subtract from the mid). I call it "Auto_Chase()".

Note: IB charges you $1.25 everytime you change and order. But I buy 10 option contracts at a time and if I can save $0.05 ($50.00 USD) by spending $1.25 a few times, it is worth it. Then when I sell if I can save another $0.05 ($100 in and out on 10 contracts) and I do that say 20 times a day and 200 days per year, it adds up to real big money in a year.

function Check_on_Order() {
    if (nrTradeStatus != 0 && Order_Status != 9) {
        get_Order_Status();
        if (Order_Status == 8 && Auto_Chase && (Time_of_Day - Order_Time) >= nOrder_Time_Limit) {
            Auto_Chase();
        }
.
.
.
function Auto_Chase() {
    get_market_data(Order_Contract_ID);
    mid = get_Mid_Price(Bid,Ask,Option_Price_Increment,Side);
    if (Last_Mid != mid) {
        buyOrderId = twslink.call("PLACE_ORDER", Order_Contract_ID, buyOrderId, Side, "LMT", Order_quantity, mid, -1, "DAY", 1, 0, "", "", -1);
        Order_Status = twslink.call("WAIT_FOR_ORDER_STATUS_RNG", buyOrderId,5,8,3000,12);
        debugPrintln("buyOrderId = " + buyOrderId+" Order Status="+Order_Status );
        Order_Error = twslink.call("GET_ORDER_ERROR", buyOrderId);
        debugPrintln("buyOrderId = " + buyOrderId+" Order Error="+Order_Error );
        if (Order_Error == 0 && Order_Status > 0) {
            Order_Time = 0;
        }
    }
    Last_Mid = mid;    
    Auto_Chase_ct ++;

return;
}
function get_Mid_Price(Bid,Ask,Option_Price_Increment,Side) {
    debugPrintln("**** Executing get_Mid_Price("+Bid+","+Ask+","+Option_Price_Increment+","+Side+")");    
    Mid = (Math.floor(((Ask - Bid)/.02).toFixed(2))/100).toFixed(2);
    Mid_Inc_Times = Math.floor((Mid/Option_Price_Increment).toFixed(2)*1);    
    Mid = Mid_Inc_Times*Option_Price_Increment;
    if (Side == "BUY") 
        Mid = (Ask - Mid).toFixed(2)*1;
    else    
        Mid = (Bid + Mid).toFixed(2)*1;
    debugPrintln("Mid="+Mid+" M Times="+Mid_Inc_Times+" Auto ct="+Auto_Chase_ct);    
    if (Auto_Chase_ct > 0) {
        if (Side == "BUY") {
            Mid += (Auto_Chase_ct/100).toFixed(2)*1;
            Mid = Math.min(Ask,Mid);
        }
        else {
            Mid -= (Auto_Chase_ct/100).toFixed(2)*1;
            Mid = Math.max(Bid,Mid);
        }    
    } 
    debugPrintln("Mid="+Mid+" M Times="+Mid_Inc_Times+" Auto ct="+Auto_Chase_ct);    
return Mid;
}
function get_Order_Status() {
    Order_Status = twslink.call("GET_ORDER_STATUS", buyOrderId);
    switch( Order_Status)
    {
      case  0: display_Status_Msg("Order Not Found"); 
        break;
      case  1: display_Status_Msg("Order Inital"); 
        break;
      case  2: display_Status_Msg("Order Transmited"); 
        break;
      case  3: display_Status_Msg("Order Cancel Transmited"); 
        break;
      case  4: display_Status_Msg("Order Inactive"); 
        break;
      case  5: display_Status_Msg("Order Pending Submit"); 
        break;
      case  6: display_Status_Msg("Order Pending Cancel"); 
        break;
      case  7: display_Status_Msg("Order Pre-Submited"); 
        break;
      case  8: display_Status_Msg("Order Working");
            if (Order_Time == 0)  
                Order_Time = Time_of_Day; 
        break;
      case  9: 
            if (nrTradeStatus > 0) {
                display_Status_Msg("Order Filled");
                Position =  Order_quantity;
            }
            else {
                nrTradeStatus = 0;
                display_Status_Msg("Order Flattened");
                Order_Status = 0;
                Position =  0;
            }
            displayBuySellButtons();
            Alert.playSound("Chimes.wav");
        break;
      case  10: display_Status_Msg("Order Canclled"); 
            nrTradeStatus = 0;
            Order_Status = 0;
        break;
      case  11: display_Status_Msg("Order Partial Filled"); 
        break;
      case  12: display_Status_Msg("Order Invalid"); 
        break;
    }
return;
} 

With the cut and paste, I lost the indenting, hope you can read it.
Tom