> For the complete documentation index, see [llms.txt](https://docs.tread.fi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.tread.fi/creating-and-submitting-orders/advanced-settings.md).

# Advanced Settings

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The **Advanced Settings** allow traders to **fine-tune execution parameters**, providing greater control over order behavior. While **preset strategies** offer convenient deployment, **advanced settings** enable traders to customize execution according to their **specific trading objectives**. Each strategy in the platform is built on **execution trajectory and additional configurable parameters**, allowing for a tailored approach to market execution.

#### **Key Configurations**

* [**Trajectory**](/creating-and-submitting-orders/advanced-settings/trajectories.md) – Defines the **execution schedule** of an order, determining **how trades are distributed over time**.
* [**Participation Rate Target**](/creating-and-submitting-orders/advanced-settings/participation-rate-target.md) – Sets the **desired market participation rate**, dynamically adjusting execution to stay on target.
* [**Participation Rate Limit**](/creating-and-submitting-orders/advanced-settings/participation-rate-limit.md) – Restricts the **maximum percentage of market volume** an order can engage with at any given time.
* [**Spot Leverage**](/creating-and-submitting-orders/advanced-settings/spot-leverage.md) – Enables **margin trading for spot orders** (applicable for Bybit; other exchanges manage leverage separately).
* [**Passiveness**](/creating-and-submitting-orders/advanced-settings/passiveness.md) – Adjusts **how far limit orders are placed from the market price**, impacting execution speed and price efficiency.
* [**Discretion**](/creating-and-submitting-orders/advanced-settings/discretion.md) – Introduces **controlled randomness** to execution, reducing predictability and minimizing market impact.
* [**Alpha Tilt**](/creating-and-submitting-orders/advanced-settings/alpha-tilt.md) – Skews **execution timing** by **front-loading or back-loading the order** based on market expectations.
* [**Max OTC Percentage**](/creating-and-submitting-orders/advanced-settings/max-otc-percentage.md) – Defines the **portion of an order that can be executed via OTC (over-the-counter) channels** instead of public markets, reducing market impact and exchange fees.
* [**Max Clip Size**](/creating-and-submitting-orders/advanced-settings/max-clip-size.md) – Sets the **maximum size of passive orders**, managing visibility and execution speed.
* [**Passive Only**](/creating-and-submitting-orders/advanced-settings/passive-only.md) – Ensures that **all orders are maker orders**, preventing the engine from taking liquidity.
* [**Active Limit**](/creating-and-submitting-orders/advanced-settings/active-limit.md) – Allows **limit orders to be dynamically placed** at more aggressive prices, continuously adjusting with market movements.
* [**Reduce Only**](/creating-and-submitting-orders/advanced-settings/reduce-only.md) – Ensures orders **only decrease an existing position**, preventing unintended increases.
* [**Strict Duration**](/creating-and-submitting-orders/advanced-settings/strict-duration.md) – Stops execution **at the specified time**, regardless of whether the full target quantity has been executed.