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Strategy AutoSync Smart Limit Order Fill
Version 11
"Smart" conversion of Limit to Market orders to assure fills: For any Limit order the price may touch the Limit price and then pull back before your Limit order fills. If the Limit order does not fill, especially if a Limit exit order, a winning trade can become a losing trade. And you may also miss future winning trades because the current trade was not exited. This issue can occur anytime Limit orders are used, but may be seen more frequently with intraday trading high volume symbols such as the ES-mini or S&P100. STRATEGY AUTOSYNC SMART LIMIT ORDER FILL addresses this issue by providing 4 “Smart” ways to convert a manual or automated strategy Limit order to a Market order for immediate fill* after the Limit price is first touched when: 1) So many milliseconds of time have elapsed ( with or without the Limit price being touched ), or 2) So much trading volume has occurred, or 3) The price has pulled back from the Limit price some number of price ticks, or 4) The Rati...
"Smart" conversion of Limit to Market orders to assure fills:

For any Limit order the price may touch the Limit price and then pull back before your Limit order fills.
If the Limit order does not fill, especially if a Limit exit order, a winning trade can become a losing trade. And you may also miss future winning trades because the
current trade was not exited. This issue can occur anytime Limit orders are used, but may be seen more frequently with intraday trading high volume symbols such as
the ES-mini or S&P100. STRATEGY AUTOSYNC SMART LIMIT ORDER FILL addresses this issue by providing 4 “Smart” ways to convert a manual or automated strategy Limit order
to a Market order for immediate fill* after the Limit price is first touched when:

1) So many milliseconds of time have elapsed ( with or without the Limit price being touched ), or

2) So much trading volume has occurred, or

3) The price has pulled back from the Limit price some number of price ticks, or

4) The Ratio of the Inside Bid to Inside Ask Size ( or vice-versa ) has increased to exceed some value

All 4 “Smart” ways to convert the Limit order can be used together in any combination.


- Automatically synchronizes the strategy position with any manual changes you make to the position, or when a Limit order is converted to a Market order to immediately fill, as described above.


- Also use for Smart conversion of manually issued Limit orders, such as Matrix orders.


- Optionally blocks strategy orders when the strategy position is out of sync with the real-world position, or when a manual order has been entered, but not yet filled.


- Works with all bar types, including price-based bars, like Range, Momentum, Renko, Kase, Line Break and Point & Figure.


A DETAILED INSTRUCTION MANUAL WILL BE EMAILED TO YOU WHEN YOU SUBSCRIBE.


* When Limit orders are converted to Market orders you may not get the Limit price. When back-testing with Limit orders you should account for this by setting a non-zero,
positive Slippage value on the General Tab of the Strategy Properties Window.


DISCLAIMER:

Neither TradeStation Technologies nor any of its affiliates has reviewed, certified, endorsed, approved, disapproved or recommended, and neither does or will review, certify, endorse,
approve, disapprove, or recommend any product that offers training, education or consulting regarding the use of EasyLanguage. Emerald Trading Technologies, Inc., its employees, affiliates and
agents (EMERALD) are NOT soliciting or offering securities, security derivatives, investment products/services or trading/investment advice. Investment in securities involves substantial risks
and should not be undertaken without understanding all the risks related to the sale and purchase of securities. You have sole responsibility for determining the appropriateness of, when and on
what terms to engage in any trading transactions. When investing in securities, YOU CAN LOSE MONEY, INCLUDING MORE THAN YOUR PRINCIPAL.

The software described herein is designed to be a tool to assist you trading. THIS SOFTWARE IS PROVIDED "AS IS" AND ANY EXPRESSED OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED
WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE ARE DISCLAIMED. IN NO EVENT SHALL EMERALD BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY, OR CONSEQUENTIAL
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error-free, 3) the results that may be obtained from the use of the software will be effective, accurate or reliable, 4) the quality of the software will meet your expectations, and 5) any errors
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What's New
Version 11
Fixed Version and Build error checking to insure V9.1 Update 24 or later or V9.5 Update 17 or later are being used

Version 10
Fix to display User setup errors with Forms rather than using RaiseRunTimeError, as this sometimes causes a TradeStation crash. Updated user manual as well.

Version 9
Improved operation for the companion indicator: eliminates indicator recalculation when the strategy syncs up with a new real-world position.

Version 11
Fixed Version and Build error checking to insure V9.1 Update 24 or later or V9.5 Update 17 or later are being used

Version 10
Fix to display User setup errors with Forms rather than using RaiseRunTimeError, as this sometimes causes a TradeStation crash. Updated user manual as well.

Version 9
Improved operation for the companion indicator: eliminates indicator recalculation when the strategy syncs up with a new real-world position.

Version 8
Corrected Free Trial Period to 30 days

Version 7
Improved error checking and alerting to insure Strategy Autosync Smart Limit Order Fill is properly setup. No code logic or documentation changes.

Version 6
No change in documentation or functionality. Replaced built-in functions with custom functions to eliminate issues for some clients who do not have the built-in functions available

Version 5
Fix of early entry when setting the MSTimeoutToConvertEntry/ExitLimitToMktOrder Inputs to -1 to immediately convert the Limit order to a Market order as soon as it is touched ( Market-If-Touched ). No changes in instructions or documentation.

Version 3
Enhance so this it can work with just manual orders ( no strategy required ) to provide Market-If-Touched capability for manually issued Limit orders. Documentation updated to reflect this.

Version 2
Added feature that Limit orders could be converted to Market orders so many seconds after Limit order was issued, regardless of whether the Limit price was touched.

Version 1
Customer Reviews
v
Average Customer Rating:
 (1)
Excellent Product
September 21, 2015 Version: 2
By:ed d
This StrategyAutoSync product is a great tool to help exit open positions. It is a tremendous safety net that dots the I's and crosses the T's to make sure your exit strategy or order is filled as close in time to your target price as possible. I really loved using it, and it is phenomenal to watch it execute. It also provides real peace of mind.
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Developer
Requirements
Tradestation 9.1 (Update 24)
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Asset Type
Stock, Future, Forex, Option
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Intraday
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