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Auto Trading Issue


JedandSteve

Question

Hi,

I have an issue with my auto trading system on pro real time. I have raised it with IG and PRT but thought someone may be able to help here.

The system had been working fine until 2 days ago.

The system places my stop orders and should delete the previous order if it hasn't been filled as it moves onto the next bar but this isn't happening as it should.

It seems to be delayed as I end up  with a heap of orders (sometimes up to 20) placed at the same price and then when I stop the system it continues placing and deleting orders as if it is trying to catch up.

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Sounds really strange. Usually stop/limit orders in PRT's auto trading are only valid for the next bar. So if you don't repeat your order every bar again it should vanish after only one bar.

But this might be just another example why you shouldn't use PRT's auto trading with real money. It is a nice looking feature on the first glance but it is faulty and has many bugs that will sooner or later result in you loosing money if you try to run strategies live with it.

However PRT is quite nice for constructing custom indicators and also useful to make a fast backtest of an idea.

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This is why I stopped using PRT. I had a strategy running live with great profit for more than 6 months without any problems. Then a platform error caused a loss of about 1500 USD. PRT refused to refund me for this loss though it was a bug in PRT that obviously caused the loss saying I used PRT on my own risk.

This is where I decided to leave and I never regret this decision.

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