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Date/Time: Fri, 26 Apr 2024 19:25:31 +0000

Post From: Chart trading / chart DOM triggered limit or other order type?

[2022-01-14 02:02:27] Link To Thread - Link To Post [Go To First Post]
Mercrastius - Posts: 26
What I'm trying to do takes a bit of explanation, so apologies for the long question... When entering orders to enter new positions I always use the chart DOM (or occasionally the chart trade menu), typically with a stop-limit order. So to enter LONG I will normally enter the order well above the current price on the chart, then drag it down to an exact price just above the current candle (it's easier to be precise this way rather than clicking the desired price on the chart DOM). My limit order is sent at the same price as the stop (trigger) price. How can I do the same thing, except when my specified price is reached it sends a buy limit order not at the stop (trigger) price, but one tick lower? I believe this is a triggered limit order, correct? So my first question - is this the correct order type to use? And if so, is it possible to enter this type of order using the chart DOM or chart trade menu? I've read the documentation but I'm still unsure how to set up this type of order, and unsure if/how I can submit it using the chart DOM or chart trade option. Thanks in advance for the help. Date Time Of Last Edit: 2022-01-14 02:07:48