Advanced Strategy Orders

Advanced Order Types and Features

ADEN offers advanced order types and features to support sophisticated trading strategies, enabling users to manage risk, protect profits, and execute trades with precision.

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Conditional Orders

Conditional orders are automatically executed when the market price meets predefined trigger conditions, allowing users to pre-set their trading strategies.

Conditional Order Types

• Stop-Limit Order: Triggers a limit order when the market reaches a specified trigger price, with a separate execution price set by the user.

• Trailing Stop Order: Dynamically adjusts the stop price based on market movements, maintaining a set distance from the market price to lock in profits or limit losses.

Strategy Orders

• Iceberg Order: Splits a large order into smaller portions executed incrementally to conceal the true order size, minimizing market impact.

• Bracket Order: Places multiple orders at predefined price intervals and quantities to build or close positions gradually.

• Time-Weighted Order: Executes a trading strategy within a specific time window, ideal for time-sensitive strategies.

Reduce-Only Orders

A critical order modifier ensuring that an order only reduces or closes an existing position, preventing accidental opening of new positions or increasing current holdings.

• Requirements:

  • The “Reduce-Only” option must be selected.

  • The user must have an existing position in the market, and the order must be placed in the direction that closes the position.

• Compatibility: Can be combined with limit orders, advanced limit orders, and other applicable order types.

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Take-Profit and Stop-Loss Orders

These tools are designed to manage trading risk and protect profits effectively.

Take-Profit/Stop-Loss Orders

• Take-Profit Order: Automatically closes a position when the price moves favorably to a predefined trigger price, locking in profits.

• Stop-Loss Order: Automatically closes a position when the price moves unfavorably to a predefined trigger price, limiting losses.

• Setup Options:

  • Users can manually input a specific trigger price.

  • Alternatively, users can set triggers based on percentage return, price change percentage, or profit/loss amount, with the system automatically calculating the corresponding trigger price.

Partial Take-Profit/Stop-Loss

• Description: Allows users to set multiple take-profit or stop-loss targets for different portions of the same position.

• Use Case: For example, a user can set a stop-loss order to close half the position to control risk while allowing the remaining half to run for potential larger profits.

• Restrictions: The platform typically limits the total number of take-profit/stop-loss orders that can be set for a single position.