softwarespartan
commented
6 years ago Hi Brian
Apologies for delay, was traveling all week.
This should be fairly straight forward. It is just configuring a sequence of orders to perform the “bracket” function
For example the parent order is configured
% bracket order parameters action = 'BUY'; quantity = 100 ; limitPrice = 58.45; parentOrderId = 12345;
% init parent order parent = com.ib.client.Order();
% configure parent order parent.m_orderId = parentOrderId; parent.m_action = action ; parent.m_orderType = 'LMT' ; parent.m_totalQuantity = quantity ; parent.m_lmtPrice = limitPrice ; parent.m_transmit = 0 ;
If you need a valid orderId, you can use the TWS.NextOrderId.
Let me know if need anything additional or have follow up questions.
Cheers -abel
On Jun 23, 2018, at 3:43 PM, bginvestor notifications@github.com wrote:
Hi Abel,
Per our email discussion, I was looking for any examples of using bracket orders. Here's the code stated in IB's API manual. Thank you very much!
Bginvestor
public static List BracketOrder(int parentOrderId, String action, double quantity, double limitPrice, double takeProfitLimitPrice, double stopLossPrice) { //This will be our main or "parent" order Order parent = new Order(); parent.orderId(parentOrderId); parent.action(action); parent.orderType("LMT"); parent.totalQuantity(quantity); parent.lmtPrice(limitPrice); //The parent and children orders will need this attribute set to false to prevent accidental executions. //The LAST CHILD will have it set to true. parent.transmit(false);
Order takeProfit = new Order(); takeProfit.orderId(parent.orderId() + 1); takeProfit.action(action.equals("BUY") ? "SELL" : "BUY"); takeProfit.orderType("LMT"); takeProfit.totalQuantity(quantity); takeProfit.lmtPrice(takeProfitLimitPrice); takeProfit.parentId(parentOrderId); takeProfit.transmit(false); Order stopLoss = new Order(); stopLoss.orderId(parent.orderId() + 2); stopLoss.action(action.equals("BUY") ? "SELL" : "BUY"); stopLoss.orderType("STP"); //Stop trigger price stopLoss.auxPrice(stopLossPrice); stopLoss.totalQuantity(quantity); stopLoss.parentId(parentOrderId); //In this case, the low side order will be the last child being sent. Therefore, it needs to set this attribute to true //to activate all its predecessors stopLoss.transmit(true); List<Order> bracketOrder = new ArrayList<>(); bracketOrder.add(parent); bracketOrder.add(takeProfit); bracketOrder.add(stopLoss); return bracketOrder;} ... List bracket = OrderSamples.BracketOrder(nextOrderId++, "BUY", 100, 30, 40, 20); for(Order o : bracket) { client.placeOrder(o.orderId(), ContractSamples.EuropeanStock(), o); }
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bginvestor
Hi Abel,
Per our email discussion, I was looking for any examples of using bracket orders. Here's the code stated in IB's API manual. Thank you very much!
Bginvestor
public static List BracketOrder(int parentOrderId, String action, double quantity, double limitPrice, double takeProfitLimitPrice, double stopLossPrice) {
//This will be our main or "parent" order
Order parent = new Order();
parent.orderId(parentOrderId);
parent.action(action);
parent.orderType("LMT");
parent.totalQuantity(quantity);
parent.lmtPrice(limitPrice);
//The parent and children orders will need this attribute set to false to prevent accidental executions.
//The LAST CHILD will have it set to true.
parent.transmit(false);
... List bracket = OrderSamples.BracketOrder(nextOrderId++, "BUY", 100, 30, 40, 20);
for(Order o : bracket) {
client.placeOrder(o.orderId(), ContractSamples.EuropeanStock(), o);
}