Reel Stop loss and Take profit

Option to automatically Cancel the Stop Loss when the market hit our Take profit. And automatically cancel the Take profit when the market hit the SL.

Trading on one account on TradingView it does it. When you open an order and check the SL and TP it does automatically close the TP or SL.

But not when you trade on Tradovate. Maybe it does using ATM when trading on one account. Didn’t test it.

But the ATM do not work when you trade with Group.

I just lost 800$ on a reel account. The market hit my TP, but I didn’t know that I have to delete manually my Stop Loss. So the market hit my SL and open a new order. Without SL or TP.

I noticed it few hours later while I was losing $800. This is very frustrating.

All other platform has this feature.

Thank you !

I do not use their web interface or app, but this is definitely possible with a bracket order.

I am able to do it with the API and it works great.

If you add the TakeProfit with StopLoss order later, you want an OCO (One Cancel Other) order.

I bet you will find it in the interface somewhere.

Yes I think it might work with a bracket. But Bracket do not work when trading with group account.

I have 4 accounts for now. Using the group feature to copy all my trades to all my account.

So it will be nice to have bracket working with group or just automatically cancel the SL when it hit TP and cancel the TP when hit SL.

Click on the Gear icon below DOM and create an OCO setup.
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Then when you place an order, it will create something that will work for you.

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Thank you !

I didn’t know this feature. I have never use the DOM to trade. It seems to work, but it’s a little bit annoying because when you select it, it doesn’t stay then. Every time you have to go back to the menu and select it again for each trade.

But it does the job. Thank you !

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Glad it works for you!

BTW, it stays selected for me when I select it in the drop down.
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hey eric_raymond, totally understand the frustration—that’s a tough situation! having an automatic cancel feature for stop loss or take profit would be a game-changer. if you’re into automation, you might want to check out pickmytrade it could help manage things like this automatically. hope that helps, and fingers crossed for an update from tradovate soon