Due to the nature of the TradingView/CQG technology, there are many variables that could affect the order operational functions. Here is the technical explanation of this question:
CQG itself does only two things:
- When executing a bracket order, it cancels the sister (other side) order.
- When executing the base order, it sends the bracket to the exchange.
TradingView does the rest via an open browser.
For example, when increasing a position or base order, TradingView increase the brackets and TradingView cancel brackets when executing a position.
Accordingly, brackets will NOT be cancelled when a browser is closed.
If TradingView is closed and the position is closed out (not via a bracket, but manually using another trading platform such as MultiCharts), then the brackets will remain.
TradingView cannot do anything about this because this is on CQG’s server end and this is how it is implemented there. They in fact do not have brackets, but just an OCO pair that is not tied to a particular position.
Conclusion: When using OCO bracket orders via TradingView, it is best practice to trade solely via TradingView (do not use multiple trading platforms) since their is high risk of working orders not syncing.
Disclaimer: Any orders placed by our customers is the sole responsibility of the customer. AMP only has access to live working orders/positions. We do NOT see what is happening on our customers local trading platforms. If there is any discrepancies between any of the trading platforms and what is actually working orders and/or open positions on the exchange is not AMP's liability.
We are here to help. If you have any questions, AMP customers can login FREE CQGM to confirm working orders and/or open positions or please do not hesitate to contact the AMP 24 hour Trade Desk via Live Chat or Phone.
Article is closed for comments.