I noticed TT started to add much of the execution logic I am beginning to build into my algos.
Reset on revert — Reset the trade quantity counter back to zero, if the inside market backs away from the trigger price.
This is a much-needed one for those who trade by scalping order book and footprint charts.
Can someone from TT please show what this logic looks like in screen shots?!
Or even better showing the whole TT If Touched algo logic would be a H-U-G-E
Answer by Daniel · Mar 14 at 06:12 PM
Will they be available as part of the "Trigger an Algo from another Algo" feature mentioned?
They would cover a lot of the ADL logic many are constructing from scratch.Specifically combining a TT If Touch(vol threshold) with a TT Bracket(OCO) and TT Stop(Volume Qty Threshold).
btw any news of when that feature will be released?
Answer by Daniel · 2 days ago
Hi Damon...yes I understood when you mentioned it the first time!
I was just suggesting if someone can construct a small piece of the algo mentioned and not a whole conversion...thanks.Specifically just how and the cleanest way one would collect the current best bid and ask traded volume until a price change which would then reset the Value Accumulator blocks.