Going automated with Oanda

S

Scalperboy285

Howdy, currently I am trying to go automated with Oanda.

However I am having a huge problem with how they handle certain types of orders....I am going to copy and paste from another thread.....I really hope you guys can help me.....If you cant I will not be able to automate with them......

Hey everyone. I am trying to figure out how to place certain orders with Oanda......

I want to be able to place a limit order to sell and have the order handled the way that IB does or all other brokers I am aware of...

Let me give you an example...... Lets say the bid on the nasdaq is 4405 and I want to sell at 4400. Lets also say the market is extremely slow mid afternoon....With IB or any other broker I am aware of if I try to sell at 4400 the order is basically placed to fill me at 4400 or BETTER.... So in this instance since the market is so slow I will immediately get filled at 4405 which is great it is exactly like I want.......

However with Oanda they handle the order way different......If I try to sell at 4400, they will not fill me until the order gets to that price, so even if it takes 2 hours or even more they will just hold the order forever until it gets to that price.....I don't want the order handled like that, I want it handled like it is at IB and every other broker I want it to be sent as a fill immediately at 4400 or better.....I want price improvement and I don't want to wait 2 hours for a fill.....

Thanks for any replies, please help...
 
Why not simply set the limit order so that it is marketable? How is it price improvement with NDX at 4405 bid and you shorting at 4400?
 
This is your third post on the exactly SAME topic.
As I answered in your first post, can you please try to understand/test/try the concept "bound" on Oanda order system?
Seems you never want to see how to work properly but instead you complain more and more about Oanda here and there, or you just want Oanda to copy IB's order system?
I'm not defending Oanda, but Oanda is the largest Forex broker, though it's not as large as IB. So its order system must be OK, if not perfect.
Work your way to find how it works.
 
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