Does enabling the Price Management Algo change the order type I selected?

An order type that can be built via the API can always be first manually created and tested in TWS. If the order cannot be created in TWS, it cannot be created via the API. For further information:

• Order Types Documentation…

If the order has not been executed you can change the order price or cancel the order and resubmit it.

Note…

The Adaptive Algo is an order type that you can select and edit to your specifications. Once transmitted, your Adaptive Algo order will be submitted to an exchange to try and get the best execution price. The Price Management Algo is an order attribute and, when enabled, acts as a price check to ensure your submitted limit price is within the allowable distance from the current reference price…

To create complex orders and algo orders using IBot, simply ask IBot to create the desired order type. For example, type "Create a percent of volume order for Apple." Then follow the prompts to have IBot configure the order for you. Review and modify the order parameters as needed, then tap "Submit Order" to complete…