Algorithmic Orders
Last updated
Last updated
Algorithmic orders allow to set the logic for placing and triggering an order depending on the conditions of the selected trading pair on the chart.
The main distinguishing feature of an algorithmic order is its "delayed" nature of placing. A user specifies a level of a signal at which an active phase of the algorithm starts, the result of which may be placing an order on the exchange. Thus, at the time of setting the conditions for placing an algorithmic order, there is no way for the user to predict when and at what level it will trigger. When creating algorithmic orders, deposit funds are not blocked. In the case when trying to place an order, as a result of the algorithm work, the user does not have enough funds - such an algorithm must be deleted by notifying the user via alert in the terminal and by mail.