Bracket

What a Bracket is

A Bracket is the most complete option: an entry plus a pair of OCO exits. First the entry fills (the buy), then two exits switch on at once — a take-profit and a stop-loss — of which only one will trigger, while the other cancels itself. In effect it's an OTO where the exits are additionally tied together by the "one cancels the other" rule. Use a Bracket when you want to set up the entry and both safety nets in one go.