Order Constructs

Order Constructs simulates the workhorse order constructs — bracket, OCO exit pair, and trailing stop order — from a placement bar set by clicking on the chart. A bracket's entry fill spawns a stop and up to two profit targets as OCO-linked legs; the exit pair protects a position assumed at the placement close; the trailing construct ratchets a stop at a fixed offset. A construct ticket lists each leg's price, size, R, and status; zones and event markers annotate the chart.

How to Trade the Order Constructs?

• Entry fill: the "exits armed" marker — from that bar the position is never without a resting exit.
• Target 1 fill: takes the configured share off, propagates the remainder to the surviving legs, and by default amends the stop to breakeven.
• Risk / Reward Zones: the risk zone shades entry-to-stop and turns green once the stop sits at or beyond entry.

Fills are gap-aware — a gapped-over level fills at the open — and exit legs activate the bar after placement. Alerts cover every event through to flat.

Order Constructs Settings

• Placement Time: set by clicking when the indicator is added.
• Construct (default Bracket), Direction (default Long), ATR Length (default 14).
• Entry Order (default Market), Entry Price / Trigger (0 = automatic), Auto Entry Distance (x ATR) (default 1).
• Stop Price (0 = automatic) and Auto Stop Distance (x ATR) (default 2): the risk unit defining 1R and position size.
• Target 1 (R) (default 1) with Exit % (default 50); Target 2 (enabled) at (R) (default 2); Breakeven After Target 1 (enabled).
• Account Equity (default 10000) and Risk per Trade (%) (default 1): quantity = risk amount / stop distance.
• Same-Bar Priority (default Stop First (conservative)).
• Style toggles — Risk / Reward Zones, Leg Tags, Event Markers, Construct Ticket — all enabled by default.

Frequently Asked Questions

How is this different from the Order Types build?

Order Types walks single instructions through their lifecycle; this build wires them together with management logic — OCO linkage, quantity propagation on partial fills, breakeven amendments.

Why does the same-bar setting matter?

A bar that reaches both stop and target hides the intrabar order of events on OHLC data, so the simulation must assume one. Stop First is the conservative convention; Target First the optimistic branch.

How does the trailing construct differ from the bracket's stop?

It ratchets with favorable movement at a fixed distance — the initial stop distance — and never backs away, with no target legs. The bracket's stop stays put unless breakeven moves it to entry.