The Stop Order on Binance Futures is a combination of stop-loss and take-profit orders . The system will decide if an order is a stop-loss order or a take-profit order based on the price level of trigger price against the last price or mark price when the order is placed.
Read moreWhat is TP SL in Binance?
The TP/SL of the first filled order will be used to take profit or stop loss for all your positions . Other TP/SL will be automatically canceled when the order is created. For example, you placed 3 strategy orders with different TP/SL prices.
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