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Strategy Field

Entry bid-ask spread filter

The Entry bid-ask spread filter allows you to set a maximum allowed bid-ask spread for your entry orders. If the current bid-ask spread for a ticker exceeds this value, the entry order will be rejected to prevent fills during illiquid or volatile conditions.

This feature requires market data (quotes) to be available from your broker. If your broker does not support quotes, this filter will not be applied.

For example, if you set the filter to $0.02 and the current bid-ask spread for a ticker is $0.05, the order will be rejected with a message indicating that the spread exceeded the filter.

This helps protect you from:

  • Trading in illiquid markets with wide spreads
  • Unexpected slippage due to poor market conditions
  • Orders filling at unfavorable prices

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