Types of Orders

The Strategy Lab supports 3 types of order currently. All 3 of these can be combined together into a single strategy, or multiples of each can be added to strategy:

Market Order

Essentially equivalent to a swap. Configure as you would the standalone Swap product.

Single Limit Order

Schedules a trade at some point in the future by setting a condition or set of conditions that must be met before the trade gets executed.

Users can place both normal limit orders and stop loss limit orders.

• Normal Orders — the standard type of buy order, this is used when the goal is to buy a certain asset below its current market price (most common)

• Stop Loss Orders — used to buy a certain asset above the current price, for example to hedge from downside volatility that may happen in the future (less common)

DCA (Multi) Limit Order

Scheduling a future sequence of trades at predetermined intervals by setting a condition or set of conditions that must be met before the trade gets executed.

These can be composed of both normal limit orders, or stop loss orders.