Limit orders

1. Limit order settings:
   1. Buy price:
      Enabled by click on "BUY PRICE:" button. When enabled - turns on buy limit order, which will buy setted amount when price will reach target. Contains buy price slider and input field for manual adjustment.
   2. Stop loss:
      Enabled by click on "STOP LOSS:" button. When enabled - turns on stop loss on the order. Contains stop loss slider and trailing stop switch. With trailing activated, your stop loss will adapt to new local all-time highs for your order. In simpler terms, a stop loss with an activated trailing stop transforms into a moving or trailing stop loss. You can read more about trailing in FAQ below this article.
   3. Take profit:
      Enabled by click on "TAKE PROFIT:" button. When enabled - turns on take profit on the order. Contains take profit slider and input field for manual adjustment.
2. Token information panel: Displays current liquidity, market cap, trade route and USD price for selected token. USD price is clickable button. On click it fills "BUY PRICE" input field for easier adjustment.

Tied limit order — a type of order where you turn off the buy price, but activate the take profit and/or stop loss options. During a transaction your order will be marked as regular market order, however, as soon as the purchase is completed, it will automatically transform into a sell limit order with the purchase outcome set at the acquired amount.

Limit orders list and history are located at "history" tab.

What "limit order" means and why it is a good thing to implement in trading strategy?

A limit order is a direction to purchase or sell at a specified price or better. This allows traders to better control the prices at which they trade. A limit can be placed on either a buy or a sell order:

1. A buy limit order will be executed only at the limit price or a lower price.
2. A sell limit order will be executed only at the limit price or a higher one.

Limit orders will be executed only if the price meets the order qualifications.

What "trailing" means in "stop loss" orders?

A trailing stop loss is a type of trading order that lets you set a maximum value or percentage of loss you can incur on a trade. If the security price rises or falls in your favor, the stop price moves with it. If the security price rises or falls against you, the stop stays in place.