PlaceOrder (Function)

$image\trumpet2.gif$ Disclaimer

The PlaceOrder function can be called directly from EasyLanguage code for a study. Or code for a study can call one of the "wrapper" functions that, in turn, call this function (wrapper functions are noted in the "See Also" section, below).

This function issues the order entry macro .PlaceOrder (note the dot preceding the macro's name). The .PlaceOrder macro, like all other macros, can be issued from the platform's command line.

Syntax

PlaceOrder(OrderName, Frequency, Account, Action, SymbolCategory, MySymbol, Quantity, Duration, GTDDate, Route, AllOrNone, ByMinusSellPlus, Discretionary, ECNSweep, IfTouched, LimitPrice, NonDisplay, Peg, ShowOnly, StopPrice, TrailingAmount, TrailingType);

Returns

PlaceOrder returns 1 if called on a "real-time" tick and if a trade is allowed based on the user input "Frequency". The function returns -1 (negative one) in other cases; for example, if the function is called on an historical bar. If there are errors in the order parameters a runtime error message will be generated and the order will not be placed.

Parameters

String parameters must be enclosed in quotation marks. Numeric and Boolean values should not be in quotation marks.

Name	Type	Description	Supported Values
OrderName	String	Sets the order type.	Limit, Market, LimitIfTouched, MarketIfTouched, StopMarket, StopLimit, or TrailingStop. Pass as a string (in quotation marks).
Frequency	String	Sets the order frequency.	Once, OncePerBar, EndOfBar, Always. Pass as a string (in quotation marks).
Account	String	Sets the TradeStation account to be used for this order.	Account number. Pass as a string (in quotation marks).
Action	String	Sets the order action.	Buy, Sell, SellShort, BuyToCover, BuyToOpen, BuyToClose, SellToOpen, or SellToClose. Pass as a string (in quotation marks).
SymbolCategory	String	Sets the trading category for the symbol.	Equity, Future, or EquityOption. Pass as a string (in quotation marks).
MySymbol	String	Sets the symbol to be used for this order.	The symbol to be traded. Pass as a string (in quotation marks).
Quantity	Numeric	Sets the number of shares or contracts.	Any number greater than zero.
Duration	String	Sets the order duration.	Day, Day+, GTC, GTC+, GTD, GTD+, IOC, FOK, OPG, 1Min, 3Min, or 5Min. Pass as a string (in quotation marks).
GTDate	String	Sets the date, if appropriate, to be used with the specified duration.	Date format is MM/DD/YY, as a string (in quotation marks).
Route	String	Sets the order's route.	Intelligent, AMEX, ARCX, BATS, BYX, CSFB, EDGA, EDGX, GIX, IEX, others. See the route drop down in the Trade Bar for the most current available routes. Pass as a string (in quotation marks).
AllOrNone	String	Sets the all or none indication for the order.	True or False, as a string (in quotation marks).
BuyMinusSellPlus	String	Sets the buy minus/sell plus indication for the order.	True or False, as a string (in quotation marks).
Discretionary	Numeric	Causes the order to be discretionary or non-discretionary.	Pass in 0 (zero) for non-discretionary orders.
ECNSweep	String	Enables ECN sweep ("true") or does not enable ECN sweep ("false").	True or False, as a string (in quotation marks).
IfTouched	Numeric	Determines whether the order is an if-touched order.	Pass in 0 (zero) for orders that are not if-touched orders.
LimitPrice	Numeric	Sets the limit price to be used for the order.	Number
NonDisplay	String	Enables non-display for the order ("true") or does not enable non-display ("false").	True or False, as a string (in quotation marks).
Peg	String	Sets the peg indication for the order.	False, Best, or Mid as a string (in quotation marks).
ShowOnly	Numeric	Sets the show only indication for the order.	Pass in 0 (zero) for orders that are not show only orders.
StopPrice	Numeric	Sets the stop price to be used for the order.	Number
TrailingAmount	Numeric	Sets the trailing amount for the order.	Pass in 0 (zero) for orders that are not trailing orders.
TrailingType	String	Sets the trailing type of the order.	If Peg is being used, this input must be set to " " (a blank space). Set this input to the string "MinMove", if trailing amount is to be specified as a number of minimum moves ("MinMoves", plural, is not valid). Enter "Pts", if trailing amount is to be specified in points. Enter "Pct", if trailing amount is to be specified as a percentage amount.