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Virtual order

The logic of the virtual order is similar to the Stop order, that is, the real order will be placed when the trigger price crosses.
Advantages:
  • Does not freeze funds in the wallet
  • Not visible to other traders
  • Can be used to break through resistance lines
  • Does not use exchange limits

• Order types

Upon triggering, a real order of the selected type will be placed:
  • L - Limit
  • F - Floating
  • M - Market

• Trigger

Setting up an event, upon triggering of which a real order will be created:
  • Last price The extreme price of a currency pair is checked. Price changes are checked every 2 seconds.
  • Order book The change of the sell last price in the order book for a buy order and the buy last price in the order book for a sell order are checked. This trigger protects well from false price breakouts (squeezes).
  • Candle Select the timeframe of the candle, the close price of which will be compared with the trigger price.

• Trigger price

When the trigger price is reached, a real order will be created
For the limit type, you need to specify the order price at which the order will be placed when the trigger is triggered.
For example, a buy order is created:
  • Trigger price = 100
  • Order price = 99.5
This setting means that when the price reaches 100, the order will be placed below the current price by 0.5% at the price of 99.5.