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Order Type

Once you have opened the signal editor, you can choose from the following order types:

  • Market order: sends an order to the broker which is requested to be filled at the current price.
  • Limit order: sends a pending order to the broker, but requests a better price. The order is filled at some time in the future if the order can be filled for the requested price and before the order expires.
  • Stop order: sends a pending order to the broker, but requests the price to reach a target price first. The order is filled at some time in the future if the order can be filled for the requested price and before the order expires.
order type
Select the type of order you would like to send to the broker.

If a market order is selected, the condition When the order is sent to the broker must be configured. If a pending order is selected (Limit order or Stop order), both the condition When the order is sent to the broker and the Price at which the order is requested to be filled must be entered.

order type at price
Pending orders have extra configuration options, like the 'At price' target price.