TWAP

Use a TWAP order to gradually enter or exit new positions and get an average pricing over some periods of days. There’s opportunity cost in that only part of an order may trigger during a dip or a peak. Use Price Bounds to set upper and/or lower bound limit price conditions.

TWAP (Time Weighted Average Price) orders take the average price over some number of hours and purchase small fills at or below the average price intermittently until a stated amount of time expires. Because of the conditions, partial fills are likely..

In legacy finance, think of TWAP like dollar cost averaging over a set time period (hours, days)

Find more steps here:

Submitting an Order