How does MPP work?
Example (Buy Order):
If you place a Buy order at ₹100 with MPP set to 5%:
- The order will execute only if the price stays between ₹100 and ₹105
- If the price moves above ₹105 before execution, the order will not be filled
Example (Sell Order):
- The order will execute only if the price stays within the allowed downside range based on the MPP % (i.e. ₹95 and ₹100)
? MPP helps avoid poor fills during sharp price spikes.
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