Scaled Order

The Scaled Order automatically generates multiple limit orders in the specified price range. The Scaled Order is convenient for managing large volumes of orders. It divides the order amount into several limit orders.

The Scaled Order is used by traders operating large volumes to place, as well as fix positions. In Hedge mode, closing of positions occurs with Scaled Reduce orders.

Scaled Order distribution:

Equal: This type of distribution is the simplest. Each order within your total amount gets the same amount. In this case the distribution of the amount is the same in all specified prices.

Ascending: The order volume increases systematically as the price rises. The last order is characterized by the highest price and the largest amount of volume. In this case, most of the volume will be bought/sold at higher prices.

Descending: The order volume decreases as the price rises, and the order with the highest price will have the lowest volume. In this case, most of the volume will be bought/sold at lower prices.