Stop-Limit Order
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What it is and when to use it
A stop-limit order is useful when price is moving in one direction and you only want to enter the trade if that move continues, but without paying any price. You define the trigger level and the worst price you are willing to accept for the entry.
When Force stop orders as stop-limit is enabled, any stop order used to buy or sell is placed as a limit order once the stop price is reached, instead of being sent as a market order. The order will fill only at the limit price or better.
Limitation: execution is not guaranteed. If price moves too fast or liquidity is low, the market may pass the limit price and the entry will not be filled.