Introduction | Interactive Brokers

Order Conditions are a set of parameters attached to an order that allow the order to either be placed or cancel upon achieving the condition criteria. There are 6 unique Order Conditions that can be applied to a given order: Price, Time, Margin, Execution, Volume, and PercentChange.

Order Conditions can be applied to nearly any order and more than one condition can be attached to an individual order using to be Inclusive, “AND”, or Exclusive, “OR”.

More information on Order Conditions can be found here.

For the sake of simplicity, all Condition Orders below will be based on an example order, shown here. The additional content will be included in each order’s content.

Python

Java

C++

C#

VB.NET

1 base_order = Order()
2 base_order.action = action
3 base_order.orderType = "MKT"
4 base_order.totalQuantity = quantity
5 base_order.conditionsCancelOrder = False