TradeStation Help

OCO/OSO Settings

The OCO (or OSO) Settings For (Symbol Type) dialog is accessed using the Format button from Changing OCO/OSO Template Preferences. Entries in each column represent order actions for the specified OCO/OCO order row.

  1. Click a spinner arrow in any Quantity cell to change the order quantity. For entry templates, the OCO/OSO quantity represents as a percentage of the order quantity shown on the Order Bar/Matrix Trade Bar. For Exit templates, the OCO/OSO quantity represents a percentage of the actual position in the selected account for the specified symbol.
  2. Click a spinner arrow in any Price Offset cell to set the price increment (from the current order price) to be used to calculate the limit or stop price for that row's order. If any order row includes a Stop Limit order, the offset prices will appear in separate columns labeled Limit Offset and Stop Offset, each with their own price adjustment arrows. Note that the Limit Offset value for Stop Limit order(s) must be entered as an offset from the stop price.
  3. Click the arrow in any Duration cell and choose a duration type from the drop-down list. The (Bar Settings) type uses the duration shown on the Order Bar/Matrix Trade Bar when the OCO/OSO order is created.
  4. Click the arrow in any Route cell and choose a route type from the drop-down list. The (Bar Settings) type uses the route shown on the Order Bar/Matrix Trade Bar when the OCO/OSO order is created.
  5. Click in any Advanced cell to access the Advanced Settings for that order row.

    Place a check mark next to each Advanced Setting to enable it, then adjust related values, such as price increment, quantity, price, etc. The following advanced order options are available based on the symbol and order route selected:

Activation Rule

All or None

Trailing Stop

If Touched

Show Only

ECN Sweep

Non-Display

Discretionary

Buy on -/Sell on +

Peg

  1. Click OK to return.
  2. Click OK to save the setting changes.

Advanced order codes for enabled items will appear in the Advanced cell of the selected row.