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Date/Time: Thu, 28 Nov 2024 11:45:58 +0000



Post From: Triggered Limit w/ Chase Order Type

[2023-05-09 15:32:49]
TraderBiku - Posts: 36
Hello,

I am looking to enter a triggered limit with chase order where the trigger price is in between current price and the limit order (so for example, if ES is currently trading at 4140, to place a trigger order at 4135 which will submit a limit w/ chase buy order at 4130 once the trigger price is hit) - meaning that the chase action would start only once the trigger price is hit, as price approaches the level - is this possible? And if so, which order type should I use?

I've gone through the order types section in great detail, but not quite able to figure it out (perhaps because this isn't supported?)

Thank you!