Orders

Reversion supports standard and advanced order types for flexible trade execution. All orders have a minimum size of $10 USD.

Standard Order Types

Market Order

Executes immediately at the current market price. Best for when you need to enter or exit quickly.

• Use when: Speed matters more than exact price
• Slippage: Configurable tolerance (default 1%, adjustable from 0.1% to 99%)

Limit Order

Fills only at your specified price or better. The order sits on the book until filled or cancelled.

• Use when: You want a specific entry/exit price
• Post-only: Optional — ensures your order only adds liquidity (maker order)

Stop Loss Market

A market order that triggers when price reaches your stop level. Used to limit losses on an existing position.

• Trigger: Price crosses the trigger level
• Execution: Fills immediately at market price once triggered

Stop Loss Limit

Like stop loss market, but places a limit order instead of a market order when triggered. Gives price protection but may not fill in fast markets.

• Trigger: Price crosses the trigger level
• Execution: Limit order at your specified price

Take Profit Market

A market order that triggers when price reaches your profit target.

• Trigger: Price crosses the trigger level
• Execution: Fills immediately at market price

Take Profit Limit

Like take profit market, but places a limit order when triggered.

• Trigger: Price crosses the trigger level
• Execution: Limit order at your specified price

TWAP

Time-Weighted Average Price — splits your order into smaller pieces executed over a duration. Reduces market impact for larger orders.

• Duration: 5 minutes to 24 hours
• Randomize: Optional — randomizes timing between sub-orders to avoid pattern detection
• Use when: Entering or exiting a large position without moving the market

Advanced Order Types

Trailing Stop Loss

Trailing stops follow price as it moves in your favor, locking in profit while giving the trade room to run.

How They Work

• Long position: The stop price ratchets up as price rises, never moves down
• Short position: The stop price ratchets down as price falls, never moves up
• Trail distance: Set as a percentage below (long) or above (short) the peak price

Example

You open a long at $100 with a 5% trailing stop:

Price Moves To	Trailing Stop At	Note
$100	$95.00	Initial stop: 5% below entry
$110	$104.50	Stop moved up with price
$105	$104.50	Stop stays — price fell but didn’t hit stop
$120	$114.00	Stop moved up again
$114	—	Triggered — position closed

Managing Trailing Stops

Active trailing stops appear in the Trailing Stops tab of the info panel:

Column	Description
Asset	Trading pair
Side	LONG or SHORT
Size	Position size
Value	Notional value
Stop Price	Current trailing stop level
Trail %	Trailing percentage
High/Low	Peak price tracked
Time	Created time
Action	Cancel button

Single-Use Algorithms

Algorithms with a trade limit of 1 function as indicator-triggered order types — they execute once when conditions are met, then automatically stop. This lets you set conditional entries or exits based on technical indicators rather than price alone.

How It Works

1. Create an algorithm with a 1-trade limit
2. Define indicator-based entry conditions (e.g., buy when RSI drops below 30, enter when price touches the lower Bollinger Band)
3. The algorithm monitors the market and executes a single trade when conditions are met
4. After execution, the algorithm stops automatically

Use Cases

• Indicator-triggered entries: Buy the dip when RSI signals oversold
• Breakout entries: Enter when price crosses above a moving average
• Volatility entries: Open a position when Bollinger Bands contract to a threshold

For full details on building algorithms, see Algorithms.

Order Form

The order form in Trade mode provides:

Side Selection

Toggle between Buy / Long and Sell / Short. The form colors update accordingly (green for buy, red for sell).

Amount

Enter the order size in USD. Quick-select buttons let you choose a percentage of your available balance: 5%, 10%, 25%, 50%, 75%, 100%. A slider is also available for precise sizing.

Price & Trigger

• Price — visible for limit orders. The price at which your order fills.
• Trigger Price — visible for stop loss and take profit orders. The price that activates the order.
• TWAP Duration — visible for TWAP orders. Set hours and minutes for the execution window.

Stop Loss & Take Profit

Attach SL and TP to any order using the toggle section below the main inputs:

Setting	Description
Stop Loss	Exit price to limit losses
Take Profit	Exit price to lock in gains
Mode	Fixed price ($) or percentage (%) from entry
Trailing	For stop loss — trail price by a percentage as it moves in your favor

Additional Options

Option	Description
Reduce Only	Order can only reduce or close an existing position, not open a new one
Slippage	Maximum acceptable price slippage for market orders (click the gear icon to adjust)

Order Confirmation

Before submission, a confirmation modal shows all order details:

• Order type and side
• Asset, size, and quantity
• Limit or trigger price
• Current leverage and margin type
• Stop loss and take profit levels
• Estimated fees and margin required

Review and confirm to submit the order.

Managing Open Orders

Open orders appear in the Open Orders tab of the info panel:

Column	Description
Asset	Trading pair (click to navigate chart)
Side	BUY or SELL
Type	Order type (Market, Limit, SL, TP, TWAP)
Trigger	Trigger condition for conditional orders
Size	Order quantity
Value	Notional USD value
Price	Limit or trigger price
Filled	Fill percentage (for partial fills)
Time	Order creation time
Action	Cancel button

Use Cancel All to cancel all open orders at once, or cancel individually.

TWAP Orders

Active TWAP orders have their own tab showing:

• Asset and side
• Total size and amount executed so far
• Average fill price
• Elapsed runtime
• Reduce-only and randomization flags
• Cancel button