# Strategy Orders

Strategy Orders are also known as Algorithmic Orders. The trader configures the parameters according to the strategy rules of the trading pair, and when the market price meets the conditions, the trading pair will automatically place orders for the trader. Strategy Order is divided into Pro-Order and Stop-Loss-Order.

* Pro-Order: Grid, Iceberg, VWAP and TWAP orders have been implemented.&#x20;
* Stop-Loss-Order: Stop-loss conditional orders have been implemented. Clearly indicate:&#x20;
  * A Strategy order is a strategy rule configuration that does not place a trade order into the order book until it is triggered.&#x20;
  * A Trade order is a real order in the order book and is what is normally referred to as a Trade .

<figure><img src="/files/AixBT9TsB04Td9cwRcZP" alt=""><figcaption></figcaption></figure>


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