# Advanced Trading: Limits, TP/SL & TWAPs
With UniversalX, you can also execute more complex trading operations, 100% onchain. These include:
* Limit orders
* Take-Profit/Stop-Loss operations
* TWAP orders
Below, you can find a breakdown of these functionalities:
### 1. Limit Orders
A **limit order** lets you specify the exact price at which you’re willing to buy or sell a token.\
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Your transaction will only be executed once that price becomes available in the pool.
#### To create a limit order:
1. Open the **Trade** screen for any token.
2. Within **Buy** or **Sell**, select the **Limit** tab.
3. Fill in:
* **Limit Price** – The price at which you want to buy or sell the token.
* **Amount** – How much of the token you'd like to trade (you can also use the quick‑select buttons to set this).
4. *(Optional)* Attach TP/SL presets (see section 2).
5. Press **Buy / Sell.**
After this, you can find your order under your **History** at the bottom of the **Execution panel.**
Setting up a limit order.
***
### 2. Take‑Profit & Stop‑Loss (TP/SL)
**TP/SL** lets you automate exits at predefined profit or loss levels.\
UniversalX supports:
| Type | Field | Description |
| -------------------- | ------------------ | ------------------------------------------------------------- |
| **TP (Take‑Profit)** | *PnL %* or *Price* | Closes a slice of the position once the selected gain is hit. |
| **SL (Stop‑Loss)** | *PnL %* or *Price* | Closes a slice if the loss threshold is breached. |
You can also stack several legs of these (up to 4 TPs and 4 SLs) to ladder out of a position gradually.
**To set up a Take-Profit or Stop-Loss strategy:**
1. **Summon the TP/SL modal.** Within the **Execution panel**, select TP/SL.
2. **Edit a preset or create one.** You'll see the tabs **P1‑P4**. These are trading presets. You can either edit the pre-selected one or create a new one by hitting **“+”.**
3. **Define your exit legs.** Fill up the following fields:
| Field | What it means | Example |
| ------------------------ | --------------------------------- | ----------------------------------------------- |
| **Sell %** | How much of the position to close | `50` → half the size |
| **PnL %** (or **Price**) | Profit or loss trigger | `+100` (double your money) for TP, `‑50` for SL |
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You can also add multiple legs to your strategy to ladder your approach.
4. **Execute your trade once you're ready.**
Setting up TPs and SLs.
***
### 3. TWAP (Time‑Weighted Average Price) Orders
A **TWAP** splits a large order into equal-sized child orders sent at fixed intervals. This reduces market impact and helps you track the average price of the range.
**To place a TWAP order:**
1. Choose **Market | Limit | TWAP** → **TWAP**.
2. Set an **Interval (Intv.)** – e.g. every 5 minutes.
3. Fill out **Split to** – i.e. the number of trades required to fill your order.
4. Enter your total trading **Amount.**
5. **Confirm.** Your order is now sent and will execute even if you close UniversalX.
After this, you can find your TWAP order under your **History** at the bottom of the **Execution panel.**
Using TWAPs on UniversalX.
***
### 4. Preset Strategies (P‑slots & S‑slots)
Beyond one‑off orders, UniversalX also offers dedicated slots to **save full strategies.**
You can select between setting up **presets** and **strategies**:
| Slot group | Purpose |
| -------------- | ------------------------------------------------------ |
| **Presets** | Parameter templates (leverage, slippage, MEV, expiry). |
| **Strategies** | Full TP/SL blueprints. |
You can predefine up to four trading settings to quickly apply them when trading. \
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**To create a preset:**
1. **Locate** the Presets and Strategies bar at the top of the **Execution panel**.
2. Press **+** next to an empty P or S slot.
3. Configure your strategy or preset by filling out their parameters. **Remember that every preset has a Buying and a Selling component**, so you'll need to fill out both.
4. Give it a descriptive name and **Confirm**.
5. **Select it any time** you'd like to use it for a trade.
