Pricetriggered

Pricetriggered is a term used in financial markets to describe an instruction or system feature that activates when a security’s price reaches a predefined threshold. It is commonly employed in order execution, risk management, and market monitoring. In trading platforms, pricetriggered orders include stop orders (stop-loss and stop-entry) and stop-limit orders. A stop-order becomes active when the market price trades at or beyond the specified trigger price; depending on order type, it may convert to a market or limit order and execute at the next available price. Pricetriggered actions can also drive take-profit orders or automatic position entry. In automated trading, pricetriggered strategies program decision rules to initiate trades when the price meets certain criteria, potentially combined with other signals such as volume or time. Pricetriggered alerts are another use, sending notifications when price crosses a threshold. Risks and considerations include price gaps between last price and trigger level, slippage, partial fills, and platform-specific rules that affect execution quality. The effectiveness depends on liquidity, volatility, and order routing. In contrast to conditional orders that depend on other factors, pricetriggered instructions rely solely on price levels.