> For the complete documentation index, see [llms.txt](https://docs.proliquid.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.proliquid.xyz/order-types/chase-orders.md). # Chase orders Chase order type in Proliquid trade form

Chase order form for maker-only orders that follow the best bid or ask.

Chase orders repeatedly place maker-only orders near the best bid or ask until the order fills, is stopped, or reaches its distance limit. Use Chase when you want faster passive execution than a static limit order, while still enforcing ALO maker-only behavior. ## How it works Proliquid places a maker-only order near the current best bid or ask. If the market moves away, the order can be replaced closer to the new best price. This continues until the order fills, you cancel it, or the configured limit is reached. ## Controls

Control	Meaning
Quantity / Notional	Total size you want the chase to fill.
Side	LONG chases bids, SHORT chases asks.
Distance limit	Maximum price distance the chase is allowed to follow, or infinite if you do not set a cap.
Reduce only	Use when the chase should only reduce an existing position.

## What to monitor Active chases appear in [Open chases](/terminal-sections/open-chases.md), where you can stop them. Related resting orders may also appear in [Open orders](/terminal-sections/open-orders.md). > Chase can improve maker-fill chances, but it is not guaranteed to fill. In fast markets, maker-only orders can keep missing if price moves before the order rests. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://docs.proliquid.xyz/order-types/chase-orders.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.