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RTrader- Bracket Order Question


#1

In the order default settings on the R Trader Dom, it has an option for “static” or “dynamic” bracket orders. What is the difference?


#2

When you specify a Limit Order then your fill could be better than your Limit.
A Dynamic order would be based on the actual fill, while a Static would be based on the actual limit.
Let me use real examples:
You Specify a Limit @ 100
You Get Filled @ 99
Fill Target is 5 Ticks/Points
Dynamic Fill would be @ 104
Static would be @ 105

Hope this helps…

Matt


#3

Thank you Matt. I always appreciate the prompt service at Optimus.


#4

You most welcome. If you have additional questions about different features, please start new threads.

Matt