Hello Everyone.

Sorry for this being posted in what might be the incorrect topic area.

I need to find out if a script can be written for this platform that allows me to create several entry orders (in advance). Then, execute those multiple entry orders (very quickly) when/if needed.

If this makes sense.

Thank you in advance for your suggestions/guidance.

Oliver

In Live order entry, I use this technique very frequently.

But, the order type is "PLACE_BID" or "PLACE_OFFER" which is active on the ECN.

These orders are pre-loaded or "live", and when the Triggering System wants to strike,
then they are "bumped" to the desired price.

This requires some fairly sophisticated control logic, as it is desirable to maintain
these orders "outside" the market, without modifying their price each time the
market "wiggles".

This approach is applicable really only for very precise scalping, where strike latencies
are critical. (Note: you are limited to one change per second maximum rate, and
it would be an abuse of the ECN to make constant trivial changes in price.)

I am not sure why you would want this extreme technique, for your trading ?

Order placement latencies on Dukascopy ECN are very good, so in most cases
this would not be necessary. I do it for reasons both of latency and precision.

The normal way of solving your issue is through ordinary Limit orders. However,
if you do not know the "strike price" in advance, as is the case for me, then
I suppose these unusual techniques would be justifiable in your situation.

Please explain why this is so critical for your Strategy ??

HyperScalper