Pls remove "Stop Loss value is too far from the current market price" - ✅ Solved

[phildawson]

@Rumen

Phil, you are on point here. Our long term goal is to have the max distances for all instruments automatically updated. It would be better if that feature becomes dynamic. This has been discussed. However, I cannot specify ETA for its optimization.

@Rumen So at the moment on any instrument, are all the distances manually set? With ~10,000 instruments thats got to be time consuming not to be dynamic.

Is it just set once when its added, and then only gets updated when someone grumbles in this thread? I mean SP change all the time so the initial distance could be too tight within days with some instruments that pop after they are added.

@Rumen

IB works with a wide array of trading venues/exchanges. Each trading venue has its own trading rules and limitations.

You would have thought IB as the API provider would have noted the max distance on the all the exchanges for a particular instrument

so

ABC is 100
XYZ is 70
XXX is 80

then it goes right the max to be compatible distance is:

70

And they then add it to the data feed for the instrument so any brokers that use their API know what is an acceptable distance rather than play a guessing game.

https://misc.interactivebrokers.com/cstools/contract_info/v3.10/index.php?action=Conid%20Info&wlId=IB&conid=356582465&lang=en&ib_entity=