A written reference on post only order — how it works, how to configure it, and where it breaks under load.
How It Works
At the core of post only order sits a chain of transformations that turns raw market data into decisions an engine can act on.
Configuration
Configuring post only order comes down to a handful of parameters. Vendor defaults suit demos; production deserves its own tuning pass.
Failure Modes
Documenting how post only order fails teaches more than documenting how it succeeds. Regime shifts, infrastructure faults, and drift top the list.
Evaluation
Judge post only order on measured outcomes — distribution of returns, drawdown depth, operational burden — not on a single lucky stretch.
Configuration Reference
# Post Only Order tested configuration mode: production timeframe: auto risk_limits: max_drawdown: 15 percent max_position: 3 percent monitoring: alert_threshold: 0.5 report_interval: hourly
Parameter Impact
| Parameter | Effect | Trade-off |
|---|---|---|
| timeframe | Signal frequency | Higher means fewer but more reliable signals |
| risk_limit | Maximum exposure | Lower means safer but slower returns |
| lookback | Indicator sensitivity | Longer means smoother but lagging |