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Risk Management Mode of Chart Trading: Difference between revisions

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* Prospective Profit and Loss expressed as a currency
* Prospective Profit and Loss expressed as a currency
* Prospective Profit and Loss expressed as a percentage of Equity
* Prospective Profit and Loss expressed as a percentage of Equity
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[[File:Contracts_Button.png|200px]] — '''Contracts''' Button<br>
[[File:$Risk to %Risk Switch.png|200px]] — '''$Risk''' to '''%Risk''' Switch<br>
'''Contracts''', '''$Risk''' and '''%Risk''' fields serve to enter the trade size. They are connected to each other and to the Stop Loss and Profit Target offset. Once the value in one of the fields is changed, the others are recalculated correspondingly.<br>
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Revision as of 12:33, 17 December 2021

The Risk Management mode is enabled with pressing on the Chart Trading Panel.

The Risk Management panel includes the interface showing Ask and Bid prices.

Buy or Sell buttons work as a toggle switch. Click Buy/Sell to determine which operation you are going to do.

— The entry price control shows and allows you to select the price of the order that will be sent.
— Use this control to set the offset from ask/bid.
The offset is calculated taking the current ask/bid into account (depending on the trade direction – buy or sell). If one sets the offset, the order price will be recalculated accordingly.


Market, Limit and Stop are the toggle switches too. They determine the type of the order that is going to be sent.

Cancel All button cancels all pending orders.
After pressing the Close button, MultiCharts sends an order to close the position and the command to cancel all pending orders.
Reverse closes the current position with market order, cancels all pending orders and sends market order to open the position in opposite direction for the same number of contracts.

There are two buttons corresponding to the exit strategy – Profit Target and Stop Loss. These buttons work as a toggle switch.
Press to protect the position with the Profit Target.
Press to protect the position with the Stop Loss.

The exit strategies mode is determined by the Manual Trading Options in Preferences.

The Risk Management Mode features a table of values describing the order offset relative to the entry price in several measurement units under each exit strategy.

These units are:

  • Ticks
  • Price
  • Prospective Profit and Loss expressed as a currency
  • Prospective Profit and Loss expressed as a percentage of Equity


Contracts Button
$Risk to %Risk Switch
Contracts, $Risk and %Risk fields serve to enter the trade size. They are connected to each other and to the Stop Loss and Profit Target offset. Once the value in one of the fields is changed, the others are recalculated correspondingly.