Registered User Joined: 6/30/2017 Posts: 1,227
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Happy Friday Bruce!
I have a PCF I'm looking to use in a Conditional Order. The PCF looks at the price action of the underlying, but the order will be for an option contract.
Actually, I want to buy one option contract, and sell another option contract (ie, a two-legged spread).
Can I buy/sell a two-legged option spread with just one conditional order? Or do I need one conditional order for each leg? Or can I set up one order that will trigger another order?
Hope that makes sense. :)
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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Have you looked at the Trading Options section of the help files to see how to trade the various multi-legged option strategies first? Some strategies use multiple orders automatically.
If the strategy allows you to set a condition order, the little blue funnel should be ther in the order type section. You should have the option to add an underlying stock condition when addin a condition in the Order Conditions window.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 6/30/2017 Posts: 1,227
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Bruce, thanks for the links. Had to actually work at work today, lol ... couldn't poke around the help files ... will check out this evening. Thanks!!
Enjoy your weekend.
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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You're welcome.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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