> For the complete documentation index, see [llms.txt](https://docs.factor.fi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.factor.fi/getting-started/strategy-cheatsheet/swaps-cheatsheet/automated-market-order.md).

# Automated Market Order

## Overview

<figure><img src="/files/cVxFmN0TnUHmqXT7YLwd" alt=""><figcaption></figcaption></figure>

Automatically trigger a market order whenever your target condition is met. This can be for a single trade (conditional market order, take profit market, stop loss market), part of automated portfolio rebalancing/DCA, synthetic asset rebalancing, or even on-chain copy trading.

Your tokens are immediately swapped at the best available prices as the selected protocol dynamically reroutes your trade to more capital efficient sources.

## Potential Alpha

* **Buy Low, Sell High:** Automatically trade at your desired price and earn from any token appreciation.

## Strategy Building Blocks

{% hint style="success" %}
The building block order mirrors the Factor Studio UI and can be expanded for further strategy details and parameters.
{% endhint %}

{% hint style="info" %}
[**Automated Strategy**](/factor-studio/factor-studio/automated-strategies.md)

This is an automated strategy whereby you can configure a time-based one-time/recurring trigger for your strategy.&#x20;
{% endhint %}

<details>

<summary><a href="/pages/2DoafHT21Q5bdLGON2Mz">IF Conditional</a></summary>

* This condition will be checked each time this strategy is executed by the automation feature.
* Specify your target price and condition for the swap.
  * Token purchases: Only execute the swap if `marketPrice` is ≤ `targetPrice`
  * Token sales: Only execute the swap if `marketPrice` is ≥ `targetPrice`

</details>

<details>

<summary><a href="/pages/8ObgSjNh6pntp9BtqQIc">Swap</a></summary>

* Select the tokens to swap
  * Token purchases: Input token is the token to swap from and output token is the target token.
  * Token sales: Input token is the token to sell and output token is the token to receive.
* Input token amount

</details>

## Example

<figure><img src="/files/jO3KrLTLH7VChN3p3h5p" alt=""><figcaption></figcaption></figure>
