How does Range Order works?

This feature allows you to set a stop and target price simultaneously.  If either order is triggered the other is immediately canceled. If for example you have a long position, you may use the Range Order to place a sell order above the current market (Target Price) and a sell order below the current market (stop order). If the market price goes up to the target price your stop order will be immediately canceled. The same rules apply if the price were to drop, in that case the sell stop order would be triggered and the sell order would be automatically canceled.   All orders for execution using the Ranger Order are market orders.