# Algo Order Types

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Order Placing Strategies. New Quantower Panel for Algorithmic Order Types
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New Panel Order Placing Strategies allows to place your orders with several predefined conditions:

* Scheduled orders, can be placed at a specified time
* Time Split orders can be placed via selected time interval and desired quantity sliced.

### Additional Algorithmic Order Types

* AON
* ICEBERG
* QT
* TRAIL
* FUNARI
* MIT "Market if Touched" > Working Local Only - On your computer.  If you turn off your computer or lose internet connection, this order type will no longer be working/communicating with the exchange. &#x20;
* MLM
* POST ONLY

![All Available Algo Order Types (Dependent on Exchange - Most working only locally on your computer)](https://33591944-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MYWZsVZVKQjfWwZjJmj%2F-MadhWlq-3FXop9THk4A%2F-MadiDVyX7VvWo5Ue2Gq%2Fimage_2021_05_12T10_54_05_200Z.png?alt=media\&token=2ec418fb-eece-4bcf-b760-98decd6c5278)