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Modifying bracket order contracts

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  • Modifying bracket order contracts

    If I initiate a buy/sell on a bracket order, and then modify the number of contracts for the entry (right click on line, adjust order size) before the market takes me in, then the integrated trading should automatically change the number of contracts on the stop and target to that same number of contracts. Right?

    I'm finding that if I have a buy for 1 ES contract, change that to 3, and then the market takes me in on a bracket order, the integrated trading has me bracketed with only 1 contract still so I would be net long 2 contracts should either bracket level get hit.

    This is not right. The intent is clear. If I want in on 3 contracts instead of 1 after modifying the order than that sure as heck means that I want out on 3 contracts at the target or stop loss too. There should not have to be any manual intervention on my part to alter the target and stop loss values.

    I really hope you guys are planning on making this interactive trading interface much more usable.

    Another example. Try this:

    I don't care if the market is going up or down, try to incrementally buy 5 positions of 1 contract each on the ES with a bracket order. What do you get? You get a big mess on your hands because now you have to move 5 individual targets and stops around.

    There's no way of combining these orders so I can move a single stop or target line.

    I'm sure others would like to the opposite as well where they start off with a larger order and then break it up once in the trade.

    It's really frustrating as a paying customer of eSignal to see a promising addition to the platform such as interactive chart trading get such limited feature additions once originally introduced.

    It's like I said in a previous post. It's as though there's no one on the development staff who actually trades with this stuff. Because, if they did, I wouldn't have to offer up the basic things that any real-time trader wants in such a package.

  • #2
    I'd just like to add that I hope a nice, comprehensive API is coming for the interactive chart trading within EFS scripting.

    If the EFS programmer can have some control over those charting lines (target/stop/entry lines) where updating them manually on the screen can also be seen in any EFS script attached to a trading chart, well then, you'd have something really flexible and compelling to program against.

    This way, if a user doesn't like the way you do things by default, he/she has the hooks (through the EFS API) to enhance anything you (eSignal) provides as the basics.

    There was supposed to be something out this past summer in regards to this API to test. Hopefully, this is the year that it all comes together for this facility.

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