Strategy Field

Pre-order cancel timeout

Pre-order cancel timeout is the maximum time TradersPost waits for the pre-submit open orders cancel step to finish.

Flow when Cancel existing open orders before placing new orders is on:

  1. Receive entry/exit signal.
  2. Cancel existing open orders for that ticker.
  3. Wait up to this configured timeout for those cancels to complete.
  4. Submit the new entry/exit order only if step 3 succeeds in time.

If open orders are not canceled before timeout, the trade fails and the new entry/exit order is not submitted.

The default timeout is 120 seconds. The minimum is 60 seconds and the maximum is 300 seconds.

This timeout applies only to canceling existing open orders before placement. It does not control delayed cancellation of newly submitted orders; use Cancel open entry order after delay and Cancel open exit order after delay for that behavior.

Order canceling is off by default. You can enable it in the Open Orders section of your subscription settings. We recommend enabling it when your strategy sends exits and broker-side TP/SL orders may need to be canceled first.

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