On a side note, why is it sometimes that stop-limit orders start out dark blue, then after a time turn green -- at which point the order is still open and unexecuted, but when I try to modify the stop or limit price I get the msg "this order cannot be changed because it has already been executed", so I need to cancel and replace it?
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IB - stops not triggering (again)
- Thread starter mtzianos
- Start date
On a side note, why is it sometimes that stop-limit orders start out dark blue, then after a time turn green -- at which point the order is still open and unexecuted, but when I try to modify the stop or limit price I get the msg "this order cannot be changed because it has already been executed", so I need to cancel and replace it?
Quote from IBsoft:
What we (IB) will do to make the IB TWS more user-friendly (in the next TWS beta):
TWS will keep track in memory the orders it has transmitted but have not received an acknowledgement for. Upon "soft" re-connect to IB server (the re-connect that does not involve TWS exiting and starting again):
- TWS will retransmit all orders that user has tried to submit and which user did not attempt to cancel yet, and which are not present in the download from the IB server;
- TWS will issue a cancel for all orders that the user attempted to cancel, and which IB server reports in any state other than pending cancellation or cancelled.
IBsoft, kostia00. [/B]
Very much appreciated. Good work IB.
Quote from illiquid:
On a side note, why is it sometimes that stop-limit orders start out dark blue, then after a time turn green -- at which point the order is still open and unexecuted, but when I try to modify the stop or limit price I get the msg "this order cannot be changed because it has already been executed", so I need to cancel and replace it?
When a simulated stop-limit order triggers and becomes a limit order, TWS should change color from dark blue to green. Also, some exchanges send IB an indicator when a native stop-limit order triggers and becomes a limit order.
Once either of the two events listed above occurs, TWS disallows changing stop price with "The stop price cannot be changed because the order has already triggered" message.
If you notice something in this scheme is not working as expected, please log an issue with IB tech support.
Thanks!
Quote from Hoi:
If this is not clear: I have seen several cases of Pink-color Pending-Cancels which were known and "working" on the IB-Server, and reported back to TWS (so pink means: HAS reached the IB-server)
With both pink and light blue there is a chance the order cancellation or the order is known to IB server (if the message has indeed reached IB servers), but there is no guarantee. The only guarantee is when the order is acknowledged (ie becomes dark blue/green for submitted orders, or red for cancelled orders). Please report all incidents of pink orders and light blue orders occuring during trading hours to IB tech support. Thanks!