Kareken Order Options

Kraken Order Options.JSON

// Fields available to open a new position in kraken on a given asset
{
  "Order Type": {
    "Description": "Type of order for execution",
    "Options": {
      "Market": {
        "description": "Executes at the current market price",
        "fields": {}
      },
      "Limit": {
        "description": "Executes the order when price reaches a given value",
        "fields": {
          "Limit Price": "Target price for activation"
        }        
      },
      "Stop Loss": {
        "description": "Activates a sell order when the market price reaches a set trigger",
        "fields": {
          "Trigger Price": "Market price to activate order",
          "Distance Percent": "Percent from trigger price for setting stop loss"  
        }
      },
      "Stop Loss Limit": {
        "description": "Combines stop loss and limit order, triggering at a set price",
        "fields": {
          "Trigger Price": "Price to activate stop loss limit order",
          "Distance Percent for Trigger": "Percent from trigger to activate limit order",
          "Limit": "Execution price post-trigger",
          "Distance for Limit": "Distance from limit price to set stop loss"  
        }
      },
      "Take Profit": {
        "description": "Triggers a sell order at a target price for profit",
        "fields": {
          "Trigger Price": "Price to activate take profit order",
          "Distance Percent": "Percent from trigger for setting take profit"
        }
      },
      "Take Profit Limit": {
        "description": "Sets a limit order to secure profits, activated at a trigger price",
        "fields": {
          "Trigger Price": "Price to activate take profit limit order",
          "Distance Percent for Trigger": "Percent from trigger to activate limit order",
          "Limit": "Execution price post-trigger",
          "Distance for Limit": "Distance from limit price to set take profit"
        }
      },
      "Iceberg": {
        "description": "Large order divided into smaller, hidden orders",
        "fields": {
          "Limit Price": "Maximum execution price for hidden quantity"
        }
      },
      "Trailing Stop": {
        "description": "Automatically adjusts with market price movement",
        "fields": {
          "Trailing Offset": "Amount trailing stop follows market price",
          "Offset Unit": {
            "Description": "Unit for trailing offset",
            "Options": ["Percent", "USD"]
          }
        }
      }
    }
  },
  "Action": {
    "Description": "Order type: buy or sell",
    "Options": ["Buy", "Sell"]
  },
  "Leverage": {
    "Description": "Multiplier for trade value",
    "Options": ["None", "2x", "3x", "4x", "5x"]
  },
  "Quantity": {
    "Description": "Trade amount in cryptocurrency",
    "Notes": "Subject to minimum and maximum limits."
  },
  "Reduce Only": {
    "Description": "Restricts order to position reduction",
    "Options": ["Enable", "Disable"]
  },
  "Conditional Opposite Order": {
    "Description": "This automatically creates an order with opposite sell/buy action, once the original order is partially or fully executed.",
    "Options": {
      "No": {
        "Description": "No conditional order, proceed with standard order."
      },
      "Limit": {
        "description": "Executes at a specific price limit",
        "fields": {
          "Limit Price": "Execution price for limit order."
        }
      },
      "Stop Loss": {
        "description": "Triggers a sell to prevent further losses",
        "fields": {
          "Trigger Price": "Price to activate stop loss."
        }
      },
      "Take Profit": {
        "description": "Executes a sell to secure profits",
        "fields": {
          "Trigger Price": "Price to activate take profit."
        }
      },
      "Stop Loss Limit": {
        "description": "Stop loss order with a specified limit",
        "fields": {
          "Trigger": "Condition for triggering order.",
          "Trigger Price": "Price to activate stop loss limit."
        }
      },
      "Take Profit Limit": {
        "description": "Take profit order with a limit price",
        "fields": {
          "Trigger Price": "Price to activate take profit limit.",
          "Limit Price": "Execution price for take profit limit."
        }
      },
      "Trailing Stop": {
        "description": "Adjusts sell order in response to price changes",
        "fields": {
          "Trailing Offset": "Movement amount of trailing stop.",
          "Offset Unit": {
            "Description": "Unit for trailing offset",
            "Options": ["Percent", "USD"]
          }
        }
      }
    }
  },
  "Time in Force": {
    "Description": "Order duration before execution or expiry",
    "Options": ["Good Till Canceled", "Good Till Date"]
  }
}