An Adaptive order is priced within the bid/ask spread, and automatically moves with the market to keep working inside the spread.
To use the Adaptive algorithm in IBKR Mobile:
- In the Order Ticket, expand the drop-down list in the Order Type field and tap Algos at the bottom of the menu.
- At the top of the Algos list, tap Adaptive.
- Configure remaining fields as desired.
For more information, see the Adaptive Algo section of the Fast Order Entry feature page.