Trading from a chart

The  Charts  window contains the trader module, which allows trading operations to be completed.  

Trading operations can be performed using buttons on the trading-from-chart toolbar, hot keys, or a mouse.

The trading-from-chart toolbar contains:

  • Buttons to complete trading operations

  • A block with information on an open position

  • A block for selecting a trading account, order volume, order validity period, and exit strategies management

  • Order entry block

  • Button to enable trading with a mouse.

Buttons to complete trading operations

BUY MKT—buy market.

SELL MKT—sell market.

BUY LMT—submitting an order to buy at the best price (best bid).

SELL LMT—submitting a sell order at the best price (best ask).

TP—set take profit.

SL—set stop loss.

Cancel bid—cancel all bids.

Cancel sell—cancel all asks.

Cancel all—cancel all bids and asks.

Reverse—reverse position by double volume on the market.

Close—close current market position.

A block with information on an open position

FLAT—size of open position. Positive value—long, negative value—short.

ENTRY—average position price.

PnL—profit or loss on an open position in points per lot (contract).

A block for selecting a trading account, order volume, order validity period, and exit strategies management

Account selection field—drop-down list with available trading accounts. Account is tied to the active instrument.

Order volume selection field—any can be set; by default there is a quick choice: 1, 5, 10, 100, 500.

Order validity period—DAY (until the end of the current day) or GTС (until canceled).

Trading strategy selection field—add, remove, or set up a trading strategy by instrument.

Buttons:

  •  Apply chosen exit strategy

  • Add new exit strategy

  •  Remove existing exit strategy

  • Parameters window for setting up an exit strategy

  • Exit strategy trade settings window

For an exit strategy, you can adjust the volumes and offsets for different types of orders, as well as change parameters or set them.

Exit strategy parameters

Name

Description

Name

The field in which the name of the exit strategy is assigned.

Link to instrument

Option to link a strategy to a specific instrument. It will be displayed in the list of strategies only with this active instrument.

Take profit

The option enables/disables automatic placement of a take profit after entering a position with a size in price steps.

Trailing

The option sets the range in price steps for a take profit or stop loss, depending on the position of the option in the parameters window.

Stop loss

The option enables/disables automatic placement of a stop loss after entering a position with a size in price steps.

Breakeven

An option indicating the value of the received current profit in price steps, at which the terminal will transfer the stop loss to breakeven.

Plus

The option sets how many price steps to add to the displaced stop loss at breakeven with a plus.

Order entry block

Type —order type selection (market, limit, stop, or stop limit).

Volume  volume of an order for participation in a trading operation.

Price:

  • For market orders—not specified (operation is carried out instantly with the market price).

  • For a limit—price at which the order will be placed is indicated.

  • For a stop loss—the stop price will be indicated, upon reaching which the order will be executed.

  • Stop limit price—depending on the direction, the stop price or limit price is indicated.

In the Enter order window there are additional options for the BitMEX and Bitfinex cryptocurrency exchanges.

Hidden order—an order that will not be displayed in the DOM. 

Place in DOM—an order that will either be placed in the DOM or will be rejected if the order price leads to immediate execution. 

Reducing a position and only closing—the placed order can only shorten the position and cannot lead to the opening of a new position.


Button to enable trading with a mouse

The button enables trading from a chart using a mouse. You can set a hot key that will enable trading with a mouse if you hold it down.

There are two modes of placing orders using a mouse:

  • Auto detection

  • Left mouse button (LMB)—buy, right mouse button (RMB)—sell

You can select the desired mode for placing orders in the settings of the chart hot keys.

Auto detection

In this mode, the LMB places a limit order, and the RMB places a stop order. The direction of the order is determined automatically based on the position of the cursor on the chart.

LMB—buy, RMB—sell

In this mode, the LMB places a buy order, and the RMB places a sell order. The order type (limit or stop order) is determined automatically based on the position of the cursor on the chart.

To place a trigger order, hold down the key Ctrl. In this mode, the LMB places a limit trigger order, and the RMB places a stop order for a trigger order. The direction of the order (buy or sell) is determined automatically based on the position of the cursor on the chart.

Order markers

Placed orders are displayed on the charts as markers, where the number is the volume of the order, and the inscription is the type of the placed order. To cancel the order, click on the cross.

Order markers can be configured by going to  Chart settings  → Trading. 

Buttons—enable/disable buttons visible on the trading-from-chart toolbar.

Show position—enable the display of an open position marker on the chart.

Show trades—enable the display of executed trades on the chart.

Show markers—enable the display of markers of executed trades.

Show orders—enable the display of markers of placed orders on the chart.

Position offset—offset from the right border of the chart to the position marker.

Limit order offset—size of the offset from the best price when placing a limit order using the BUY LMT and SELL LMT buttons. A positive offset improves the order price, while a negative one worsens.

Stop order offset—size of the offset from the price for stop-limit orders. If a zero offset is specified, then a stop order will be placed with market execution.

Triggers offset  size of the offset from the price for the marker of trigger orders.

SL and TP offset  size of the offset from the price for the marker of a set stop loss and take profit.

Extend marker line   extend the marker line for the entire chart.

PnL value display profit/loss on selection in points, money, % (price change as a percentage of the entry point).


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