Trade Bar: Difference between revisions
From MultiCharts
no edit summary
No edit summary |
No edit summary |
||
Line 5: | Line 5: | ||
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. | 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. | ||
[[File:TB1.png]] | |||
==How to Show/Hide Trade Bar== | ==How to Show/Hide Trade Bar== | ||
Line 19: | Line 19: | ||
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'''. | 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 | <div style="background-color: #E3FBE5;">'''Note:''' Broker Connection indicator [[File:TB2.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 [[ | For more info see [[Category:Broker_Profiles]] and [[Category:Built-in_Data_Sources]] | ||
== Selecting Account == | == Selecting Account == | ||
Select the account number in the Account Selector box | Select the account number in the Account Selector box [[File:TB3.png]] | ||
== Selecting Instrument == | == Selecting Instrument == | ||
To select the instrument you want to trade with: | To select the instrument you want to trade with: | ||
* Type in the symbol name into the Instrument Selector field | * Type in the symbol name into the Instrument Selector field [[File:TB4.png]] and press Enter; or: | ||
* Click on the Lookup button | * Click on the Lookup button [[File:lookup.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> | <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> | ||
Line 39: | Line 39: | ||
Set order quantity by one of the following methods: | Set order quantity by one of the following methods: | ||
* Type in order quantity in Order Quantity box | * Type in order quantity in Order Quantity box [[File:TB5.png]] on Trade Bar; or: | ||
* Click the Trading Calculator button | * Click the Trading Calculator button [[File:TB6.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. | 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. | ||
Line 52: | Line 52: | ||
== Price Level Selector== | == Price Level Selector== | ||
Price Level Selector | Price Level Selector [[File:TB7.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. | By default Price Level Selector shows an average price of bid and ask. | ||
Line 60: | Line 60: | ||
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. | 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. | ||
[[File:TB8.png]] | |||
== Setting Time in Force == | == Setting Time in Force == | ||
Line 70: | Line 70: | ||
* IOC – Immediate or Cancel Order | * IOC – Immediate or Cancel Order | ||
[[File:TB9.png]] | |||
==One-click order placing== | ==One-click order placing== | ||
Line 76: | Line 76: | ||
Market, stop, limit and stop limit orders can be sent directly from Trade Bar. | 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/ | Choose the order type in the Order Type box http://www.multicharts.com/img/wiki/tradebar/10.png. | ||
When the order type is chosen, place an order by pressing the Buy Mkt / LMT / STP / STL | When the order type is chosen, place an order by pressing the Buy Mkt / LMT / STP / STL [[File:TB11.png]] or the Sell Mkt / LMT / STP / STL [[File:TB12.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]]). | 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]]). |