Dear All,
I spent a substantial amount of time looking for examples or descriptions of how to implement order execution methodology that will support stop losses and take profits through FIX Protocol.
I assume that I will have to generate three orders, the main one, the SL one and the TP one. I also assume that I will have to issue the SL and TP orders after the main order has been filled. I am not sure about the order types I should use for SL and TP, and about the general execution methodology.
I'd appreciate constructive comments and directions.
Regards,