Place OCO
Place an OCO (one-cancels-the-other) order strategy.
Available to: All authenticated users
Environments: Demo, Live
Rate Limit: 1,500 requests per hour, 1-second back-off, counts all requests
An OCO strategy links two orders so that when one fills, the other is automatically cancelled — commonly used to pair a take-profit with a stop-loss. Provide the primary order's fields (account, action, symbol, orderQty, orderType, and the price fields its type requires), plus an other object describing the linked order. The other order's own action and orderType determine which price fields it needs. On success, the response includes both an orderId and an ocoId.
// Demo environment; for Live use https://live.tradovateapi.com/v1
const URL = 'https://demo.tradovateapi.com/v1'
const oco = {
accountSpec: yourUserName,
accountId: yourAccountId,
action: "Sell",
symbol: "MESM1",
orderType: "Limit",
price: 4200.00,
orderQty: 1,
isAutomated: true,
other: {
action: "Sell",
orderType: "Stop",
stopPrice: 4100.00
}
}
const result = await fetch(`${URL}/order/placeoco`, {
method: 'POST',
headers: {
'Content-Type': 'application/json',
'Authorization': `Bearer ${myAccessToken}`
},
body: JSON.stringify(oco)
}).then(res => res.json()) // { orderId, ocoId } on success
<Warning>
Set `isAutomated` to `true` for any order placed by code or an automated process, and `false` only for an order a human places directly. Misreporting this can violate exchange policies.
</Warning>
As with any order, acceptance is subject to market, exchange, and risk-management rules. When rejected, the response carries a failureReason and failureText.
Common Failure Scenarios
- A risk limit blocks the order (for example, MaxPosLimitReached).
- A contract or price is invalid (InvalidContract, InvalidPrice).
- The trading session is closed (SessionClosed).
Error Messages
| failureReason | Trigger |
|---|---|
| InvalidPrice | A price is missing or invalid for one of the linked orders' types. |
| MaxPosLimitReached | The order would exceed the account's position limit. |
| SessionClosed | The trading session is closed. |
See the failureReason enum in the response schema for the complete list of values.
Request
- Base URL: https://demo.tradovateapi.com/v1
- URL: https://demo.tradovateapi.com/v1/order/placeoco
- Auth: HTTP bearer
Request body
Response
PlaceOcoResult
Changes
No recorded changes to this operation across all 1 revision of this API.