Submitted order will activate or sent to exchange when end/app user wants.

Consider I am trading and order block and OB has upper price and lower price. Consider Market is falling down and I want to place order once the market reach the lower price of the OB but I want to place it before when market is on high and the order will activate or sent to the exchange after it crosses the lower price of the order block till that time my order should not execute or sent to exchange it will just stay in the system.

Example - consider xyx stock is on 120 and going down. there is an order Block at 95 to 100 price. Now I want to place buy order at 95 when stock is at 120 but it should not be limit order. I will place the order of buy the stock at 95 with SL and Target. But it will not active until stock went down below 95.

Once the stock went down the 95 or take the liquidity of the 95 order block I want to place my order and activate the order as trigger order of 95.

As I want to buy the stock at 95 I will place the order for 95, I will add 94 price to activate my order and I am doing it when the price @ 120 and it going down.

Or in simple way I want to place the early order when market is on high and moving toward the down towards the OB. I have placed the order for that order block for lowest price but it is not limit order. Once the stock get below the price of buy order or at y price which end user will set then order will activate and sent to exchange as trigger order.

This will help me or other who wants to buy once the liquidity of OB taken and reverse the price as bussy during the office hrs or work and not able to watch the market.

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Feature Ideas

Date

2 months ago

Author

RAHUL SUNIL PAKHALE

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