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Re: Trading in the Last Minute of the Market


Nick
 

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You will find that different people use different methods to keep track of orders and execs.

I never use order status and only use exec details. I don't care what IB's internal order flow is, I only care about the order being filled.

Some people monitor both order status and exec details and thern reconcile them.

You will have to experiment and see what works for you.


On 1/7/2021 7:53 AM, David Armour wrote:

Hi Ed,

Do you have a timer on your wait for orderStatus()? And are you submitting MKT orders with transmit=true?

The reason I ask is because the code I have earlier on in my program uses orders with time triggers so they sit on TWS pending submission to the market. I always get a response in millisecs from those orders.

The only issue I have with my code is at the market close where I need to send them straight to market. I am using the same code so I don't see how the code can be wrong. Some MKT orders get placed and orderStatus() triggers but after a few orders (usually about 2) my software breaks because of no response within 5 secs. I read in the docs from ()

"There are not guaranteed to be orderStatus callbacks for every change in order status. For example with market orders when the order is accepted and executes immediately, there commonly will not be any corresponding orderStatus callbacks. For that reason it is recommended to monitor the function in addition to ."

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