> ## Documentation Index
> Fetch the complete documentation index at: https://docs.pacifica.fi/llms.txt
> Use this file to discover all available pages before exploring further.

# Conditional Market

> Place a market order when a chosen market meets a price condition, including a trigger on a different market.

A Conditional Market order waits for a price condition, then places a market order using your **Max Slippage** setting. Select **Cond. Market** in the order form.

Unlike a [Stop Market](/trading-on-pacifica/order-types/classic/stop-market) order, the trigger can watch a **different market** from the one you trade. It can also use the **best bid** or **best ask**, as well as mid, mark and last trade prices.

<Frame caption="BTC Conditional Market form with a trigger symbol, price and condition.">
  <img src="https://mintcdn.com/pacifica-fi-docs-migrate-92/VCAzZXadRgTcpglq/images/order-types/cond-market.png?fit=max&auto=format&n=VCAzZXadRgTcpglq&q=85&s=2204e3ed0880de64a70acb278702c6f4" alt="Conditional market order form with trigger symbol, above/below selector, trigger price, trigger condition and amount" width="360" data-path="images/order-types/cond-market.png" />
</Frame>

## How it works

1. Pick the **Trigger Symbol**. It defaults to the market you are trading, but you can watch another market on Pacifica.
2. Choose **≥ Above** or **≤ Below**, then enter the **Trigger Price**.
3. Choose the **Trigger Condition** price source: **Mid**, **Mark**, **Last**, **Best Bid** or **Best Ask**.
4. Enter the **Amount** and choose your side.
5. When the chosen price meets the condition, Pacifica submits the market order.

If the condition is already true when you submit, the form warns you and the order can trigger as soon as the condition is evaluated. The strategy submits one order and does not trigger again.

## Settings

| Setting               | Options                                                 | What it does                                                                                                        |
| --------------------- | ------------------------------------------------------- | ------------------------------------------------------------------------------------------------------------------- |
| **Trigger Symbol**    | Any market                                              | The market whose price is watched. Can differ from the market you trade.                                            |
| **≥ Above / ≤ Below** | Above / Below                                           | Trigger when the watched price is at or above, or at or below, the trigger price.                                   |
| **Trigger Price**     | Positive price                                          | The level to watch.                                                                                                 |
| **Trigger Condition** | **Mid**, **Mark**, **Last**, **Best Bid**, **Best Ask** | The price source compared against the trigger price.                                                                |
| **Reduce Only**       | On / Off                                                | Only reduces an existing position. Cannot be combined with **TP/SL**.                                               |
| **TP/SL**             | Optional                                                | Take profit and stop loss attached to the resulting order. Its trigger source can be **Mark**, **Last** or **Mid**. |

## Example

You want to buy 0.1 BTC if its mid price falls to \$95,000:

* Select **Cond. Market**, with **Trigger Symbol** set to BTC.
* Choose **≤ Below**, set **Trigger Price** to \$95,000 and **Trigger Condition** to **Mid**.
* Set **Amount** to 0.1 BTC and choose **Buy**.
* When the mid price reaches \$95,000 or lower, Pacifica places a market buy. The fill price depends on available liquidity and your **Max Slippage**.

## Good to know

* The trigger price determines when the order is placed. It is not a guaranteed fill price.
* Any amount that cannot fill within your slippage limit is cancelled.
* Open conditional orders appear in **Strategies**, under **Conditional Orders**.
* To set a limit price for the resulting order, use [Conditional Limit](/trading-on-pacifica/order-types/strategies/conditional-limit).