Order Types

cleo.finance features three types of trading orders for backtesting and live trading: market, limit and stop orders.

Market Order: Opens&Closes orders at the current market price.
Limit Order (Coming Soon): Opens&Closes orders at the price you specify or better.
Stop Order: Opens&Closes positions once the traded pair reaches a specified price. It is also known as the stop price.

In Manual Trading, you are not able to pick your close order type. This is because, in Manual Trading, your position is closed by the protections you have (SL or TP) rather than having exit conditions.

On the other hand, since you have exit conditions present in Smart Trading, you are able to pick your close order type.

Currently, you can only Select Market orders. You can see Limit order and Stop order are present but they are not selectable yet. We’re working on this and will update soon.

Order Panel

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