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See [[Orders and Strategies]]. | See [[Orders and Strategies]]. | ||
==Setting Order Quantity== | |||
Set order quantity by one of the following methods: | |||
* Type in order quantity in Order Quantity box http://www.multicharts.com/img/wiki/dom/10.png in Chart Trading; or: | |||
* Click the Trading Calculator button http://www.multicharts.com/img/wiki/dom/11.png. | |||
Calculator automatically increases the current trade size setting by one, e.g. if you had 1 in order quantity field, calculator would automatically make it 2. | |||
You can modify the number of contracts by pressing +1, +2, +5 etc. buttons. '''Zero''' button resets the number of contracts to zero. | |||
Buttons on the left side of the calculator contain 6 last values. | |||
You may set this number of contracts by pressing those buttons. To apply the modifications click OK, to cancel the modifications click '''Cancel'''. | |||
==Setting Time in Force== | |||
To set time in force of the order, use the '''Time in Force''' box in '''Chart Trading''' panel. | |||
* DAY – Good for one day | |||
* GTC – Good ‘Til Cancelled | |||
* GTD – Good To Date | |||
* IOC – Immediate or Cancel Order | |||
==Order Modification== | |||
Order modification allows adjusting price level and changing the quantity of the order that has not been filled yet. | |||
'''Adjusting price levels''' | |||
To modify order price, drag the order marker on the chart and drop it to the desired price level. | |||
When you drag the order with the mouse, it shows the difference between the actual position of the cursor and Bid or Ask price while you hold left button. | |||
If you move the order somewhere between Bid and Ask on the price scale, it shows you current spread value changing dynamically. | |||
To cancel the price level adjustment, press Esc before releasing left mouse button. | |||
To modify the length of the line connecting order marker and price label on the price scale see Chart Trading Settings. | |||
'''Changing Quantity''' | |||
Change quantity of the order by one of the following methods: | |||
* Right-click the order marker on the chart to see the shortcut menu, select Change Quantity and select the quantity; or: | |||
* Click on volume value on order marker on the chart and modify the quantity in Trading Calculator (see Trading Calculator) | |||
<div style="background-color: #E3FBE5;">Note: Unlike DOM, in Chart Trading the orders with the same price levels can be moved and modified separately (without joining the orders into one group) by drag-and-drop. If you want to cancel the price level adjustment, press Esc before releasing left mouse button.</div> | |||
==Cancelling orders== | |||
Cancel separate threads or the order/strategy completely by one of the following methods: | |||
* Click on the Close button on order/strategy marker; or: | |||
* Right-click the order marker on the chart to see the shortcut menu and select Cancel Order. | |||
To cancel multiple orders at a time orders use Cancel Asks, Cancel Bids and Cancel All buttons. | |||
The Cancel Asks button cancels all pending buy orders. The Cancel Bids button cancels all pending sell orders. The Cancel All button cancels all pending orders. | |||
==Close position== | |||
Close the position by one of the following methods: | |||
* Right-click the order marker on the chart to see the shortcut menu and click Close Position; or: | |||
* Click on the Close button on Chart Trading Panel;or: | |||
* Click on the Close button on the position marker. | |||
Closing the current position cancels all pending orders. | |||
==Reverse position== | |||
Reverse the position by one of the following methods: | |||
* Right-click the order marker on the chart to see the shortcut menu to call context menu and select Reverse Position; or: | |||
* Click the Reverse button on Chart Trading panel; or: | |||
* Click the Reverse button at the right side of position marker on the chart. | |||
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. | |||
==Chart Trading Settings== | |||
To configure Chart Trading Settings: | |||
* Open Format Chart Trading window by one of the following methods: | |||
** Right-click on the chart to see the shortcut menu, then click Format Chart Trading…; or | |||
** Right-click on the Chart Trading panel to see the shortcut menu, then click Format Chart Trading…; or | |||
** Click the Format tab in the main menu and then click Chart Trading. | |||
* Select Common Settings tab | |||
'''Require Order confirmation''' – when enabled, the confirmation window will be shown every time you place an order | |||
'''Show Open Positions''' – enables/disables active positions indication on the chart. | |||
'''Show Historical Orders''' – enables/disables historical orders indication on the chart | |||
'''Show Active orders''' – enables/disables active orders indication on the chart | |||
'''Show Trade Panel''' – shows/hides Trade Panel. | |||
'''Show Best Bid & Best Ask''' – enables/disables indication of Best Bid & Best Ask in Trade Panel | |||
'''Stop Limit Offset''' – allows setting default Stop Limit offset with spin-box. | |||
'''PnL Display Unit''' – allows selection of PnL indication type (Currency, Point, Percent) | |||
'''Use as Default''' – saves the settings as Default. All subsequently created charts will use the same settings. | |||
==Appearance == | |||
To configure visual parameters of Chart Trading orders: | |||
* Open Format Chart Trading window by one of the following methods: | |||
** Right-click on the chart to see the shortcut menu, then click Format Chart Trading…; or | |||
** Right-click on the Chart Trading panel to see the shortcut menu, then click Format Chart Trading…; or | |||
** Click the Format tab in the main menu, then click Chart Trading. | |||
* Select Historical Orders tab or Active Orders and Positions tab | |||
'''Historical Orders''' | |||
Select one of the standard 40 colors from the palette box, or click Other to use custom colors for the key components of historical orders markers. | |||
Change the style and the size of the components using 28 custom vertical and horizontal arrows and 7 custom sizes. | |||
Connecting Line Length - modifies the length of the line connecting order marker and price label on the price scale. | |||
To configure order markers size you should change Status Line font size. | |||
To change Status Line font size right-click on the chart to see the shortcut menu, click Format Window, select the Status Line tab and modify Font Size. | |||
'''Active Orders and Positions''' | |||
Select one of the standard 40 colors from the palette box, or click Other to create custom colors for the Active Orders and Positions. | |||
Change style and weight of connecting lines using 5 custom line types and 7 custom weights. | |||
'''Default Active Order Colors''' | |||
Order/Strategy Color RED GREEN BLUE | |||
Breakeven Strategy Yellow 255 255 0 | |||
Breakout Down/Fade Strategy DarkCyan 0 139 139 | |||
Breakout Strategy MediumPurple 147 112 219 | |||
Breakout Up/Fade Strategy Sienna 160 82 45 | |||
Buy/Sell Limit Lime 30 255 0 | |||
Buy/Sell Stop Sienna 160 82 45 | |||
Buy/Sell Stop Limit Magenta 255 0 255 | |||
Fade Strategy OliveDrab 107 142 35 | |||
Stop Loss Strategy Maroon 128 0 0 | |||
Profit Target Strategy Green 0 255 0 | |||
Trailing Stop Strategy Orange 255 165 0 | |||
==Accessing Performance Report== | |||
'''To access a Strategy Performance Report:''' | |||
* Apply a strategy to a chart. | |||
* In the menu select View then click Strategy Performance Report. | |||
'''To access a Trading Performance Report:''' | |||
* Connect a Broker Profile. | |||
* Make sure that the chart shows historical trades. | |||
* In the menu select View then click Strategy Performance Report. | |||
[[Category:Manual Trading]] | [[Category:Manual Trading]] |