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.
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.
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