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Cancelling limit order when stop order is hit and vice versa.

Basically I am talking about setting up a stop loss and take profit order such that the other one cancels when one is hit. Its pretty clear how to cancel order but not HOW TO CHECK IF A PARTICULAR ORDER HAS BEEN HIT or even the if I am able to check it might be too late as the prices move too fast. So basically I want to cancel the other order AS SOON AS OR IMMEDIATELY AFTER ONE IS HIT.I would be glad if someone could help me with this.