Chart trading
The Chart window contains a trading module that allows trading directly through it, as well as trading with the mouse.
Last updated
The Chart window contains a trading module that allows trading directly through it, as well as trading with the mouse.
Last updated
You can open the Trading Module by right-clicking on the Chart and selecting the Trading Module menu item.
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.
| Button | Description |
|---|---|
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 Bids | cancel all bids |
Cancel Asks | cancel all asks |
Cancel All | cancel all bids and asks |
Reverse | reverse position by double volume on the market |
CLOSE | close current market 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). |
Account selection field — drop-down list with available trading accounts. Account is tied to the active instrument.
The default account is selected automatically. More detailed information about substitution of the account is described in the article.
Order volume selection field — any can be set. For each instrument, 5 preset lots starting from the minimum volume for the instrument are set by default.
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:
To find out more about the settings of defense strategies, read the Setting up defensive strategies article. To learn about offsets, refer to Setting offsets.
[screenshot]
Type — order type selection (market, limit, stop, or stop limit).
Quantity — 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.
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.
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.
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.
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.
| Setting | Function |
|---|---|
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 Deals | enable the display of executed trades on the chart. |
Show Executions | 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 Orders Offset | size of the offset from the price when placing a limit order using the BUY LMT and SELL LMT buttons. |
Stop Orders 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. |
Trigger Orders 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 Display Mode | display profit/loss on selection in points, money, % (price change as a percentage of the entry point). |
The trading volume can be set in the main toolbar of the Chart. When choosing the volume of the order for cryptocurrencies, you can enter the trading volume in the quote currency or in the base currency.
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
