Stop Offset defines the maximum number of ticks allowed between the stop trigger price and the price at which the order can be executed. It works as a tolerance range that increases the likelihood of order execution when the stop price is reached.
In fast-moving markets, the price may move quickly through the stop level without trading exactly at that price. By configuring a Stop Offset, the order is allowed to be executed within a defined range instead of only at the exact trigger price.
To access it, go to the Trading menu at the top, then select Trading Bracket (OCO).
How it works
A stop order contains a trigger price (Stop Price). When the market reaches this price, the order is activated.
The Stop Offset determines the maximum distance, in ticks, from the trigger price where the order can still be executed.
Example
If a Stop Offset of 5 ticks is configured:
For a Buy Stop, the order may be executed at the trigger price or up to 5 ticks above it.
For a Sell Stop, the order may be executed at the trigger price or up to 5 ticks below it.
Stop Offset for Entry Orders:
It is also possible to use Stop Offset when sending entry orders in your trades.
To use it, fill in the Stop Offset fields in your Chart Trading and then submit your order.
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