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limit orders at specific time?

  • #1
  • First Post: Sep 25, 2005 9:09pm Sep 25, 2005 9:09pm
Does anyone know of a broker that has a platform where a limit order
can be entered to execute a specific time instead of a price?
  • #2
  • Sep 26, 2005 3:05am Sep 26, 2005 3:05am
Quoting mmills4x
Does anyone know of a broker that has a platform where a limit order
can be entered to execute a specific time instead of a price?
I think any broker with programmable platform can do this. You can just enter a language code to close the trade at a specific time.

Trade Station is one of the best brokers which offer automated strategies.

InterBankFX also offer automated strategies based on MetaQuotes platform.

I also think that GFT Forex offer this too, but I am not sure, you will have to check them out.

Thanks,

Nader
  • #3
  • Sep 26, 2005 3:27am Sep 26, 2005 3:27am
Quoting mmills4x
Does anyone know of a broker that has a platform where a limit order
can be entered to execute a specific time instead of a price?
Hi,
a very easy way is to record or programm a macro (www.mjtnet.com). You don't need any programming knowlage, it's very simple. It has an auto-execution too. (Execute on 8.00 or every 10 min. or only Mondays .....)

Thomas
  • #4
  • Sep 27, 2005 3:55am Sep 27, 2005 3:55am
Wenzel: If I want to enter a limit order at a specific time and lets say I want the order to enter a buy limit at 30 pips above the current price of the EUR/USD at 8:25 am with +/- 30 pips stop/limit - how will the macro know what the current price is at the time I specify the macro to run?
  • #5
  • Last Post: Sep 27, 2005 9:32am Sep 27, 2005 9:32am
Quoting mmills4x
Wenzel: If I want to enter a limit order at a specific time and lets say I want the order to enter a buy limit at 30 pips above the current price of the EUR/USD at 8:25 am with +/- 30 pips stop/limit - how will the macro know what the current price is at the time I specify the macro to run?
In this case it's better to use a progammable platform (as narafa told you). It's not impossible to do this with a macro, but very complex, cause the macro has to "read" the data out of the ticker.
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