EN
EN

How can we help?

Multiple placement

If the multiple order feature is activated, when the stock price gaps up or down by more than one grid, orders will be placed for a corresponding multiple number of shares based on the number of grids covered.

For example: Grid trading is set up as shown in the following figure.

The benchmark price is 170, and the simulated market suddenly reaches 175.

  • With Multiple Placement enabled:
    • Order quantity = (Latest price - Benchmark price) / (Trigger price condition) * Order quantity per transaction = (175–170) / 1 * 10 = 50
    • Trigger result: Sell 50 shares of AAPL
  • With Multiple Placement disabled:
    • Order quantity = Order quantity per transaction = 10 of AAPL
    • Trigger result: Sell 10 shares
Was this helpful?