OCO orders: a stop and a target on every entry

An OCO strategy (one cancels the other) attaches two exits to every entry: a limit order for the target, a stop order for protection. As soon as one fills, DeepCharts cancels the other. It is the simplest way to follow the basic rule of the order flow basics course: never a position without a stop working in the market.

OCO is set in the trading panel, below the order buttons, in the OCO Strategy box. Once it is on, every entry sent from the panel goes out with its exits attached.

Student access · free

The rest of this lesson is for students

Also in this lesson

SL/TP mode: one stop and one target
Multi mode: exiting in several steps
Server or Client
The fallback: the SL and TP squares

It's free: create your account with your email or Discord, and every course opens right away.

Create my free account Already signed up? Log in

← Previous Next lesson →

→ The Chart DOM and the click rules