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http[[File://www.multicharts.com/img/wiki/tradebar/1TB1.png]]
http[[File://www.multicharts.com/img/wiki/tradebar/9TB8.png]]
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The main advantage is that you can see all of the currently connected brokers and place orders through several brokers at the same time. For example, you may have one broker for Forex and another one for futures, and place orders on both without logging in or out.
==How to Show/Hide Trade Bar==
To connect /disconnect the broker profile that you want to trade with, right-click the Broker Profile tab to see the shortcut menu and then click '''Connect / Disconnect'''.
<div style="background-color: #E3FBE5;">'''Note:''' Broker Connection indicator http[[File://www.multicharts.com/img/wiki/tradebar/2TB2.png ]] on the Trade Bar shows Broker Profile connection status which is not the same as Data Feed connection status.</div>
For more info see [[Broker ProfilesCategory:Broker_Profiles]] and [[Category:Built-in Data Sourcesin_Data_Sources]]
== Selecting Account ==
Select the account number in the Account Selector box http[[File://www.multicharts.com/img/wiki/tradebar/3TB3.png]]
== Selecting Instrument ==
To select the instrument you want to trade with:
* Type in the symbol name into the Instrument Selector field http[[File://www.multicharts.com/img/wiki/tradebar/4TB4.png ]] and press Enter; or:* Click on the Lookup button http[[File://www.multicharts.com/img/wiki/tradebar/5lookup.png ]] to select the necessary symbol from your database.
<div style="background-color: #E3FBE5;">Note: To be able to trade the instrument from Trade Bar, you should add it to the Quote Manager (see [[Operating Symbol List]]).</div>
Set order quantity by one of the following methods:
* Type in order quantity in Order Quantity box http[[File://www.multicharts.com/img/wiki/tradebar/6TB5.png ]] on Trade Bar; or:* Click the Trading Calculator button http[[File://www.multicharts.com/img/wiki/tradebar/7TB6.png]].
Calculator automatically increments the current trade size setting by one, e.g. if you had 1 in order quantity field, calculator would automatically make it 2.
== Price Level Selector==
Price Level Selector http[[File://www.multicharts.com/img/wiki/tradebar/8TB7.png ]] allows you to set the price of your order with just a few clicks. It also shows Bid and Ask prices without opening charts or DOM windows.
By default Price Level Selector shows an average price of bid and ask.
Scroll the list of prices up or down, using up and down arrows. To set the price for Limit, Stop or Stop-Limit order just click the price that you need.
== Setting Time in Force ==
* IOC – Immediate or Cancel Order
==One-click order placing==
Market, stop, limit and stop limit orders can be sent directly from Trade Bar.
Choose the order type in the Order Type box http://www.multicharts.com/img/wiki/tradebar/1110.png.
When the order type is chosen, place an order by pressing the Buy Mkt / LMT / STP / STL http[[File://www.multicharts.com/img/wiki/tradebar/12TB11.png ]] or the Sell Mkt / LMT / STP / STL http[[File://www.multicharts.com/img/wiki/tradebar/13TB12.png ]] buttons on the Trade Bar.
Order Size is defined by Qty field, Time In Force is defined by the value set in the Time In Force field (see [[Setting Order Quantity]] and [[Time In Force]]).
