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In a message dated 2/25/00 9:06:36 AM, hrjf4@xxxxxxxxx writes:
<< So if your price scale is 1/8 and your minimum move is
1 then you will only see orders filled in eights.
The misterious rounding depends on the type of order.
If it is a buy limit order (any order read as 'price
or lower') then ts will round down, if its a "or
higher" order (like a buy stop order) ts will round up
to the nearest 'valid price'.
This is perfectly logical. If the market is traded in
1/8ths, and you place an order to "buy limit at 80
1/16" you would expect to be filled at 80, not 80
1/8...
H >>
Dear H,
My problem is trying to understand how Long Exit stop orders are rounding in
TS4. Do you know/understand how TS is rounding my sell stops? My mininum
move is set to 1/16 trading stocks.
Thanks.
Jim
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