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Stop limit offset

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    Stop limit offset

    Hi

    Not sure if I am using the StopLimit Offset correctly.I have it set to 2 trading CL crude oil. My orders are Buy or Sell limit orders. Should my fills be 2 ticks are less.


    Thanks
    Mark

    #2
    Hello Mark,

    You can setup the stop limit offset value to your liking. If you use a value of 2, the limit offset will be 2 ticks from the stop price which would be 0.02 points. So if you submit a buy stop limit order at 86.15, the limit offset resides at 86.17.

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