With the recent situation concerning stopageddon, those using stop market orders have seen insane 100$ fills & stop cancellations. In many cases the stop on the short resulted in a loss worse than their spread.

In light of this, there has been recent development for stop limit orders since Schwab API supports this.

The main concern with stop limit orders is getting skipped over & not filling. However, using intraminute stops checking every second, OO can see the unfilled order & begin its normal algo stop routine per the users guidelines.

This allows the users to rely on the brokerage stop execution 95-99% of the time & let OO algo stop take over in the case of a rare skip.