Parameter Explanations

Parameter	Strategies	Purpose
Price Limit	SMO, Slicer, TWAP, TARB	Upper barrier for buying, or lower barrier for selling. Prevents your strategy from buying at an unfavorable price.
Happy Level	TWAP, TARB	Price level where you are happy to fill the remaining size of the strategy. Strategy will fill as fast as possible at the happy level regardless of the remaining time.
Trigger Price	TWAP, TARB	Determines the price where the strategy will start. Meaning the strategy will be waiting until the market crosses the trigger price.
Iceberg	SMO	Splits your order into multiple orders, executing one after another. This hides the total size of your order for the rest of the market.
Spike Protections	SMO	Protects you against trading unfavorably in volatile conditions.
Take Profit	ALO, TARB	Take Profit level. Behaviour differes between ALO and TARB, please read them individually.
Stop Loss	ALO, TARB	Stop Loss level. Exits with the filled amount of the strategy.
Reduce Only	All strategies	Applies only to Futures. Orders will be sent with reduce only flag, meaning that if there is no position to reduce from, it will be rejected.
Always passive	All strategies	All orders will be forced as maker orders. Rejected orders will be resent at the best bid or best ask.