# Virtual order
When the trigger price is crossed, a real order is executed, similar to a stop order.
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**Advantages**:
* Does not freeze funds in the wallet
* Not visible to other market participants
* Can be used to break resistance lines
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## Order type
Upon trigger activation, the selected order type will be executed:
* **L** - Limit
* **F** - Floating
* **M** - Market
## Trigger
Specify the event that will trigger real order placement:
* **Last price**\
Currency pair last price is monitored every 2 seconds for any changes.
* **Order book**\
Detects price changes in the best **bid** prices for a **buy** and **ask** prices for a **sell** in the order book, guarding against false price breakouts.
* **By candle's close**\
Select candlestick range to compare closing price to trigger price.
## Trigger price
When the trigger price is reached, a real order is created.
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Set price for the limit order when trigger is activated.
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For example, a buy order is created:
* Trigger price = **0.4108**
* Order price = **0.41**
It means, a limit order is placed at **0.41** when price reaches **0.4108**.
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