One-way order: a single take profit or stop loss order.
Two-way order: two orders are set at the same time. When either order is closed, the other order will be cancelled automatically.
Booking two-way order: it is a combination of booking order and two-way order. Three orders are set at the same time, the first is the parent order, and the second is the child order (two-way order). The child order will not take effect until the parent order is completed. After the two sub-orders take effect, either one will be cancelled automatically.