Pending orders

There are four types of pending orders in the terminal:

  • Position orders (Stop loss и Take profit);
  • Pending orders;
  • OCO orders;
  • Activation orders.

Position orders are always integrated with open positions and pending orders, have the same volume and are placed and modified together with them. (see «About position orders and Trailing stop» Position orders exist only being attached to a placed position or order.

Pending orders allow a user to open a position with set parameters as price reaches a specific level.

OCO tool allows placing two pending orders; as soon as one of them is activated, the other one is automatically cancelled.

Activation tool implies placing one or two idle orders that are activated as price reaches a specific level. If two orders are placed they can be transformed into OCO orders.