Add the Limit chase order (limit order which follows price)
A great add on would be the ability to have a limit chase option for Atas similar to what Insilico Terminal does. Chase limit is a an order that chases the best bid/ask until a spike up/down gets you filled. The option to add a condition to the limit chaser is also important ie "chase buy x btc up to 0.2%" or "chase buy x btc +100$". In both cases being able to set conditions on the limit chase is important as you don't want to be chasing price for ever or in case of a massive volatility getting filled where you don't want to get filled.
These orders are post only orders and always get filled as a maker orders instead of market orders which is very beneficial for scalpers since fees play a significant role when it comes to maximising profits.
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Comments3
Sushanth
Sep 23
•Merged request
•2 votes
Feature Request – Static “Chase Order” Type with Fixed Offset Execution
Hi ATAS Team,
I’m a professional trader using ATAS extensively for my structural execution framework. I’d like to request a feature that would significantly improve execution flexibility: a static “Chase Order” type.
What I Need: A buy/sell limit order that trails price during validation or confirmation phase (manually or by trigger), then places a fixed offset limit order X ticks away from bid/ask — mimicking a market order but with predefined risk and better fill quality. Crucially, this offset should be fixed once triggered (not trailing like pullback orders).
Why Current Options Fall Short:
Market orders expose me to poor fills in thin zones.
Pullback orders are inverse and trailing — not appropriate for directional confirmations with structural timing.
I need the ability to place an order where my stop would have been had I entered at market, but do so pre-emptively at a defined offset.
Ideal Parameters:
Offset in ticks
Time-in-force / expiration
Optional confirmation trigger (optional for automation)
This addition would significantly improve control for high-frequency structural traders and would not interfere with existing order types.
Siavash
Sep 23
•Merged request
•1 vote
Add (Max chase limit) to Chase Orders
This feature would be great to have so we don’t end up entering a trade much further than anticipated when price is moving fast, as at the moment it will (chase until fill) which is not ideal as the stop loss becomes unaffordable
Toni
Dec 23, 2024
There is now a chase function in the trading panel but it doesn’t have the post only flag! This is important, otherwise it doesn’t make sense using chase orders in atas at all! My Orders when opening or closing a position using chase order mostly get executed as market Orders.