Order "One Triggers Another"

Order "One Triggers Another"

One Triggers Another (OTA) this is a type of advanced conditional orders, when the second order is executed only after the execution of the first order.

Features of the OTA strategy:

  • Order 1 and Order 2 work on the same trading instrument (pair): if Order 1 has been executed, then Order 2 will be placed on the same trading instrument.

  • The volumes of Order 1 and Order 2 are the same.

  • If Order 1 has been canceled, then Order 2 will also be canceled.

  • If you cancel Order 2, it will be placed as a separate order (outside the strategy).

  • The ОТА strategy can be added to a regular order (you can do this in the list of active orders).

  • The OTA strategy cannot be linked to other strategies.

  • On the OTA chart, the order can be changed only by moving it or making changes in the “Edit” window. The OTA order cannot be deleted on the chart.


In order to use OTA, you need to perform the following actions:


  1. Select the type of the first order (Order Trigger) (Limit or Stop).

  2. Select BUY or SELL.

  3. Specify the amount of the asset.

  4. Specify the desired exchange rate.

  5. You can choose the desired volume that will be displayed in the order book.

  6. Pick the validity period of the order:

- Good Till Canceled (GTC) - until canceled by the user.

- Good Till Date (GTD) - select a specific closing date and time.

  1. Select the type of the second order (Order-to-Open) and set the desired conditions as in paragraphs (2-6).

  2. Place an order.


If you did everything right, then your OTA order will be visible in the "Strategies" section.