CScalp’s Stop orders for FTX can be divided into two categories: those that close a position and those that are unrelated to an open position.
Stop orders that close a position are the usual orders for traders. There is no volume parameter in the related orders, because they are placed in the volume of the open position. This is convenient because there is no need to spend time setting the volume for a trader. If 17 lots are opened, Stop-Loss or Take-Profit will close 17 lots at the moment of triggering and reset the position.
Unrelated stop orders are stop-limit orders, so called "deferred"orders. There are 4 types of deferred stop orders on FTX: buy-stop, sell-stop, buy-limit and sell-limit. In these orders, the trader sets the volume independently, they do not depend on the open position.
Stop orders are not visible in the order book to market participants until they are triggered: other traders do not know where your stops are placed. Let's look at these types of orders.