Order Types

OCO (One Cancels Other)

Definition

A pair of conditional orders where the execution of one automatically cancels the other.

Example

Placing an OCO with take profit at 1.0900 and stop loss at 1.0700 on EUR/USD long.

Explore More

Learn Trading with SignalPro

518 trading terms, 311 lessons, and AI-powered signals — all free to start.

Download Free