Order Types
Relentless supports several order types to suit different trading strategies.
Market Order
Executes immediately at the best available price. Use this when you want to enter or exit a position quickly.
Slippage: Market orders include a 1% slippage tolerance to ensure execution during volatility
Limit Order
Executes only at your specified price or better. Use this when you want to control the entry price.
Buy limit: Fills at your price or lower
Sell limit: Fills at your price or higher
Limit orders sit on the orderbook until filled or cancelled
Take Profit (TP)
Automatically closes your position when the price reaches your profit target.
Set via the trading panel or by dragging directly on the chart
Executes as a market order when the trigger price is hit
Stop Loss (SL)
Automatically closes your position to limit losses.
Set via the trading panel or by dragging directly on the chart
Executes as a market order when the trigger price is hit
You can adjust TP/SL levels at any time by dragging the lines on the chart.
Last updated
Was this helpful?