Market Vs. Limit Order Conditions
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Market Vs. Limit Order Conditions

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Article Summary

TIER AVAILABILITY: This feature is available in LITE, CORE and PRO

When a setup is confirmed, the system will either tell you where to put a limit order or if you should consider entering at market

Limit Order Conditions:

If price closes outside your entry mode on a trade setup confirmation, the system will alert you to place a Limit Order at your entry mode extreme

Example:

Bullish HTF SFP confirmed

Bullish LTF MSB confirmed

Entry Mode Breaker enabled

HTF Price closes above the LTF Breaker

A trade setup alert will be generated to place a Limit Order at the LFT Breaker and the shaded green trade risk box will be displayed from the LTF Breaker High to the SFP low (Stoploss Level). The Green Box signifies the total trade risk of the setup.


Market Order Conditions:

If price closes Inside your entry mode on a trade setup confirmation, the system will alert you to place a Market Order

Example:

Bearish HTF SFP confirmed

Bearish LTF MSB confirmed

Entry Mode MSB Point enabled

HTF Price closes between the MSB point and SFP Extreme

A trade setup alert will be generated to place a Market Order and the shaded red trade risk box will be displayed from the point of market entry to the SFP low (Stoploss Level). The Red Box signifies the total trade risk of the setup.


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