This feature allows Order Snipe to send a market order for a given entry, stop-loss or take-profit. This is especially useful since most exchanges only offer users limit orders for future entries, stop-losses and take-profit. When dealing in volatile markets or high volumes, this feature avoids users from having their orders skipped or unfilled.

The order types that use this feature:

  • Buy/Sell Market @
  • Buy/Sell Stop Market
  • SL/TP (Market)
  • Partial SL/TP (Market)

Many wonder how this is possible despite exchanges not allowing this feature. What Order Snipe does is client side order routing based off of user's prices hence why MetaTrader 5 is required to be running on a stable PC or VPS at all times. When a user wants a future SL or TP to be a market order, the user must use the “SL (Market)” or “TP (Market) input fields for new orders. Existing orders can have a market TP or SL added after through the Trades window.