Limit Smart
Last updated
Last updated
SMART Limit Orders
Buy Limit Smart --- to buy if the future BID price is equal to the set value. Moreover, the current price level is higher than the value of the set order. Usually orders of this type are placed with a view that the tool price, having dropped to a certain level, will start rising; Used like a regular limit order, but does not block funds on the account.
Sell Limit Smart --- to sell if the future price is equal to the ASK set value. At the same time, the current price level is less than the value of the set order. Usually orders of this type are placed with a view that the price of an asset, having risen to a certain level, will start dropping; Used like a regular limit order, but does not block funds on the account.
When the market price is close to the trigger at a given offset, then the limit order to buy or sell the tool will be placed.
Thus, the moment for blocking funds is controlled only before making a deal.
