Order settings

Modified on Mon, 14 Aug, 2023 at 2:57 PM

The task of the order options is to neutralize the effect of the "Stop price would trigger immediately" error when working with both trading strategies and manual management of stop-limit orders.


When this option is enabled, the platform will automatically recreate the exchange request for order placement, changing its type:

  • Stop-limit order changes to a limit order;
  • Stop-market order changes to a market order.


Scenarios for encountering the "Stop price would trigger immediately" error from the exchange:


1. When setting the trigger to the current price using a manual stop-limit order or a stop-limit order from a trading strategy, the exchange rejects it with the "Stop price would trigger immediately" error, resulting in order cancellation and halting the trading strategy algorithm. Enabling the option activates the platform's functionality to resubmit the request to the exchange for order execution, but with a modified type.


2. When the price quickly passes through both trigger activation and trigger stop-limit order parameters configured for a trading strategy, the active trading strategy halts with the error message: "Stop price would trigger immediately." With the option enabled, the platform recreates the exchange request by changing the order type for its execution.

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