Advanced concepts

Description

Flip for Sell Order functionality Order Stack Logic with Flip for Sell functionality Virtualization Order of discrete event message propagation Formula Editor Linking Excel Data to the Algo Dashboard Leave orders on cancel or pause Order Ticket Algos (OTA) Synthetic Order Algos (SOA) Export block output values Algo sharing Displaying Accumulated or Unaccumulated LTQ Advanced Exit Block Functionality Estimated Position In Queue (EPIQ) Clip Size Reload Functionality Time and Timers in TT ADL ADL and TT Mobile Recovery And Server Maintenance

Task

Exporting block outputs Managing shared algos Handling External Events Linking Excel Data to the Algo Dashboard Correctly Sequencing Discrete Events Submit Orders Between Specific Start/Stop Times Submit Iceberg with Random Quantity and Delay Creating Uptick and Downtick Counters Time Series Bars for OHLC and VWAP Values Creating OHLC and VWAP Time Bars Stacked Q Holder Example Smartberg Algo Creating a Scale Order Algo Creating a UTC Time Trigger and Time Counter Creating a TT Time Sliced Order Creating a With A Tick Algo Submitting With A Tick Orders Creating a Profit or Scratch Algo Tracking Recent Volume Summarize Volume Testing OMA Logic

Case Studies

Automating a Fixed Income Futures Hedge Order Generating Position in Queue During Pre-open

Creating a Profit or Scratch Algo

Please note that all samples in the help library are intended for educational purpose to give insight into ways to approach building different pieces of logic in ADL. Any use of the samples in production is at your own risk.

The following Profit or Scratch algo is an Order Ticket Algo (OTA). This sample algo is designed to work on the inside market. When you place your order the algo will monitor the quantity available at that price, should the quantity drop below the scratch threshold the order will be pulled.

In this example, the user sets the following parameters:

Instrument
Price
Quantity
Profit Ticks
Scratch Threshold

The algo will automatically enter a profit taking order when any fills are achieved. The order will be entered a user defined number of ticks from the fill price (Profit Ticks).

Should the quantity at your entry price drop below the scratch threshold when you have a position the algo will attempt to scratch all unfilled profit taking orders.

Once created, you can launch this algo from the MD Trader, Market Grid and, the Algo Dashboard.

Note: If the scratch threshold is triggered and the price is missed, the order will remain working at your entry price. The order can then be manipulated manually.

Creating a Profit or Scratch Algo

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Submitting With A Tick Orders

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Tracking Recent Volume