This chapter introduces various types of regular orders that can be placed on exchanges via the broker APIs. The recipes include code on placing 16 types of orders, querying their statuses, and exiting completed orders. These recipes will be a fundamental part of your algorithmic trading strategies. Understanding all of the types of orders and knowing which one to place for the given requirement is crucial for building a successful trading strategy.
Every order has multiple attributes, as described in the following list:
- Order transaction type: This attribute simply defines whether the order is a BUY transaction or a SELL transaction. Possible values, obviously, can be one of BUY or SELL.
- Order type: This attribute defines the type of the order, which would imply the high-level behavior of the order. Commonly used order types are REGULAR...
