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Robots Glossary

Stop Order / PlaceStopOrder

A Stop Order is a pending order that becomes a market order when the price reaches the stop level. In cTrader, PlaceStopOrder() submits such an order. The API docs summary for PlaceStopOrder is “Place a stop order”. For example, PlaceStopOrder(TradeType.Sell, SymbolName, 1000, 1.2500) would place a sell stop order at 1.2500.
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