OANDA order cancel reason
OANDA order cancel reason: TAKE_PROFIT_ON_FILL_PRICE_DISTANCE_MAXIMUM_EXCEEDED
The error, as text you can copy
TAKE_PROFIT_ON_FILL_PRICE_DISTANCE_MAXIMUM_EXCEEDED - Kind
- Order cancel reason
- Where you meet it
- In the cancellation the API reports, not in the HTTP status
- API
- OANDA
What does TAKE_PROFIT_ON_FILL_PRICE_DISTANCE_MAXIMUM_EXCEEDED mean on the OANDA API?
Filling the order would create a take profit order whose price would be zero or negative because of the distance specified. OANDA lists this value as an order cancel reason: it appears in the reason field of an order cancel transaction.
Risk warning: CFDs and spread bets are complex instruments and come with a high risk of losing money rapidly due to leverage. You can lose money on these products, and each provider publishes its own loss figure under FCA rules. You should consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Automated and API trading can amplify losses through bugs, connectivity failures and runaway orders.
How do I fix TAKE_PROFIT_ON_FILL_PRICE_DISTANCE_MAXIMUM_EXCEEDED?
Send a smaller distance.