Level Rules

Risk management rules related to the level at which an order is placed.

This rule ensures the order's entry price is not so far out that the trade is unlikely to execute within the given timeframe. This allows your capital to be put to better use on orders which are more likely to execute.

This also prevents orders to be placed so far ahead that the context of the market conditions when the order execute are completely different from the market conditions when the order was placed.

This rule will default the order's entry level to the existing market price if no level is provided.