The target order fields are linked to the parent or Primary order, and will not be available if you elect a scale primary order with Restore size after taking profit enabled.
Note that you must enter these values as if the parent order were a Buy order. In the case that the parent order is a sell, the values will automatically be flipped.
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Field Name
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Description
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Notes
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Order Type
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The order type for the child profit-taking order.
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If you select None no target order will be created.
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Limit Price
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The limit price for the profit taker.
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Select Parent order to create a target price equal to the price of the parent order +/- a defined offset amount or percent.
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| Apply offset to parent
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If you elect to apply the offset to the parent order price, check to have the offset applied to the actual fill price of the parent order. |
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Offset Amount
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If the Relative or RPI (Retail Price Improvement) order type is selected, defines the offset amount.
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Initial Component Size
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Set a default size for the initial component of a scale order.
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Price Increment
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The incremental amount by which the price of each successive component will change.
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Subsequent Component Size
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Set the component size for all remaining order components of the scale order.
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Leave blank to use the Initial Component Size for all components.
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