Floating order

✔ Description of how to set up automatic switching from limit orders to stop orders in Finandy. Learn how to effectively use this feature to manage your trades in the market.

1. Timeout between swaps, in seconds

The swap timeout triggers when the floating order price differs from the extreme price in the order book.

2. Maximum order execution time, min

Maximum order execution time. If the order fails to be fulfilled within this time, it will be canceled.

3. Maximum order price deviation, %

Maximum order price deviation from the starting price in %, exceeding which the order will be canceled.

4. Order swapping with dust/residuals

Action to take with a swap order that has a quantity lower than the minimum allowed:

• Wait for execution

• Increase to the minimum allowed

• Cancel the unfilled remainder

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