Stop price and limit price

APIs & Algo Trading
1

for bracket orders its given

» stop_price string false none Stop loss price level
» limit_price string false none required for limit orders

so i just wanted a clarity on which is the trigger price and which would be the price at which order would be executed

2

  1. stop_price (Trigger Price):
    This is the price level that activates your order. It acts as a trigger condition — the order won’t be placed until the market hits this price.

  2. limit_price (Execution Price):
    This is the price at which your order will be placed after it’s triggered. Once the stop_price is reached, the system places a limit order at the limit_price.
    This parameter is required for limit orders.

Hope this helps clarify things.

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3

Stop price is triggered price.. your order get activated in system and limit price.. is where your price get executed.

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