Hi.
Looking to use IB's Booktrader live DOM setup as I would like to move away from a 3rd party order-entry frontend.
Here is what I would like to do (will use 3 ES contracts and +2,+4,+6 targets for demonstrative purposes):
Single left click bid size/ask size creates a LMT sell/LMT buy parent order for 3 contracts. Once clicked the following child orders are auto-populated pre-fill and go live once the parent LMT is filled:
1. STP order for all 3 contracts (ex, 2pt stop)
2. Target 1 LMT order - @ +2pt, 1 contract taken off. STP order auto-adjusts so it now is protecting the remaining 2 live contracts.
3. Target 2 LMT order - @ +4pt, 1 contract taken off. STP order auto-adjusts so it now is protecting the single (1) remaining live contract.
4. Target 3 LMT order - @ +6pt, last contract taken off. STP nullified.
When going into "Configure" in booktrader, I select Hotkeys. For ex, I have "Buy LMT at BookTrader Price with Auto Stop" set to Left Click on Ask Size. When configuring this selection, below is what you see:
http://img243.imageshack.us/img243/8763/hotkeyconfigyf7.jpg
As you can see, the option to Add Targets 2 and 3 and modify all 3 is impossible since they are "grayed out." You can only have one Target LMT and you are unable to adjust the size?
Any tips would be welcomed. Thanks.
Looking to use IB's Booktrader live DOM setup as I would like to move away from a 3rd party order-entry frontend.
Here is what I would like to do (will use 3 ES contracts and +2,+4,+6 targets for demonstrative purposes):
Single left click bid size/ask size creates a LMT sell/LMT buy parent order for 3 contracts. Once clicked the following child orders are auto-populated pre-fill and go live once the parent LMT is filled:
1. STP order for all 3 contracts (ex, 2pt stop)
2. Target 1 LMT order - @ +2pt, 1 contract taken off. STP order auto-adjusts so it now is protecting the remaining 2 live contracts.
3. Target 2 LMT order - @ +4pt, 1 contract taken off. STP order auto-adjusts so it now is protecting the single (1) remaining live contract.
4. Target 3 LMT order - @ +6pt, last contract taken off. STP nullified.
When going into "Configure" in booktrader, I select Hotkeys. For ex, I have "Buy LMT at BookTrader Price with Auto Stop" set to Left Click on Ask Size. When configuring this selection, below is what you see:
http://img243.imageshack.us/img243/8763/hotkeyconfigyf7.jpg
As you can see, the option to Add Targets 2 and 3 and modify all 3 is impossible since they are "grayed out." You can only have one Target LMT and you are unable to adjust the size?
Any tips would be welcomed. Thanks.