Placing OCO Orders/Range Orders in Sterling

Discussion in 'Automated Trading' started by michael007, May 18, 2021.

  1. I am new to Sterling.
    I read that to do an OCO order, you need to group open orders. How do I do the following in Sterling?

    I want to enter an OCO order whereby I close half position at 0.20 cents higher and half position at 10cents higher than position cost while simultaneously a stop loss order of 10 cents lower than position cost on the entire position (example, I have 1000 shares of Ford at cost of 12. I want a stop loss of 11.90 but I want to sell half at 12.10 and another half at 12.20. I can do it in DAS or Tradestation and want to do it in Sterling. How do I do it in Sterling pro? Reading the manual, I see that I need to group existing open orders of 500 share limit sell Ford at 12.10, 500 share limit sell Ford at 12.20 and 1000 share stop loss Ford at 11.90. But in this case, the number of shares in the total open orders will be 2000 and exceed the 1000 share position. How do I do this in Sterling pro?"