← Back to Strategies

Scalping Limit Order

Low Risk

A global execution wrapper that replaces market orders with limit orders to reduce trading fees. Bybit maker fee (0.01%) is 5x cheaper than taker fee (0.06%).

Take Profit Target
0.10-0.20%
Stop Loss
0.05-0.10%
Best For
Fee Optimization

Key Indicators

Order Type Optimization

Fee Analysis

Fill Probability

How It Works

1

Intercepts all position opening orders

2

Instead of market order, places limit order at support/resistance

3

Waits for limit fill (configurable timeout)

4

If not filled within timeout: Fallback to market order

5

Fee savings: 0.05% per entry

6

Applies to all strategies globally

7

Improves winning trades more than losing trades

Entry Conditions

Entry Requirements

  • Position ready to open
  • Limit order placed at favorable price
  • Timeout monitoring active
  • Fallback ready

Advantages

0.05% fee savings per trade

Compounds to significant savings over 100+ trades

No additional risk if limit not filled

Works with all strategies

Often gets better fills than market

Requirements & Best Markets

Technical Requirements

Limit order placement capability, Timeout management, Fallback market order system

Best Trading Markets

Any market with decent liquidity, Sideways/choppy markets (higher fill rate), Low-volume periods

Ready to Use This Strategy?

Configure this strategy in your EDISON settings to start trading.

View Configuration Guide