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The picture below shows a scenario where the sell order at 413.19 is completely filled, the strategy will place two new orders then: one sells out at 414.56 and one buys in at 411.82.
If the market fluctuates and triggers the sell order at 414.56 filled partially and meanwhile it’s not yet matched to 411.82 for buy-in, your reversed buy order at 411.82 won’t be canceled.
If your sell order at 414.56 is not completely filled but the market drops and matches to 411.82 for buy-in, your sell order at 414.56 will be canceled since it’s completely filled.
In short, when an order is completely filled to generate two new orders (one buy and one sell), the system will cancel one correspondingly reverse order if any of your orders is filled completely.