The Fill Progression tells TAT how it should attempt to fill your trade when entering the position. Orders to enter a position are placed as limit orders starting at the current mid-price. Using the fill progression settings, TAT will work the order price down in attempt to get the order filled. You can provide the number of total attempts to make, the price adjustment to make with each attempt, and how long to wait for the order to fill between adjustments.
In the example above, the user has configured TAT to make 3 entry attempts, adjusting the price down by 0.05 with each attempt, every 7 seconds.
Example Progression - 10:00:00 am entry - 2.25 mid price
10:00:00 - 2.25 Limit order placed
10:00:07 - Price adjusted to 2.20 (if not filled)
10:00:14 - Price adjusted to 2.15 (if not filled)
10:00:21 - Trade cancelled (if not filled)
TIP: It is typically recommended for the total time for your fill progression to take ~30 seconds or less. If it does not fill within that time, a scheduled entry goes back into the Scheduled Tasks list in Waiting mode and the entry process will start over again, with updated strikes and entry prices.
It is recommended that you provide a strategy name for each of your templates. This Strategy is applied to each trade entered using the template and this value carries through to allow Reports to be filtered by strategy and also is included in the daily CSV export file.