Multiple Order Entry (Bucket Order)

 

Hello, I am new to MT software.

Is it possible to entry multiple orders (bucket order) simultaneously?

Ex: Buy X Lots of symbol A with profit target & Stoploss AND sell short X lots of symbol A with profit target and stoploss.

So that the "bucket order" hits the market at the same time?


Thank you,

EM

 
Elephantfx:

Hello, I am new to MT software.

Is it possible to entry multiple orders (bucket order) simultaneously?

Ex: Buy X Lots of symbol A with profit target & Stoploss AND sell short X lots of symbol A with profit target and stoploss.

So that the "bucket order" hits the market at the same time? 

The same time to the minute,  second, ms ?  minute ?  yes,   a few seconds ? yes,  ms ?  no,  I don't think so.  You would have to place one Order,  then the next sequentially unless you used 2 EAs or Scripts and synchronised them.
 
  1. Same time: closest would be a BuyStop and SellLimit, or BuyLimit and SellStop. Both would be opened as quick as the broker's server can.
  2. Remember, hedging isn't allowed in the US.
 

Thank you both for the responses.

RaptorUK - I will look into developing an EA or script. I was hoping to executing via order entry interface similar to what the platform offers.

Reason: