Preferences: Difference between revisions
From MultiCharts
→Trading
Line 74: | Line 74: | ||
===Manual Trading Options=== | ===Manual Trading Options=== | ||
:1. | |||
: | :1. Select to '''Require confirmation for''' | ||
: | :* '''Orders (not applied to Trade Bar)''' to prompt for a confirmation when an order is placed manually on charts, in DOM and Forex Board. Doesn’t apply to orders placed from Trade Bar. | ||
: | :* '''Close position command''' to prompt for a confirmation when a Close position command is used in the [[Order and Position Tracker]]. | ||
:* '''Reverse position command''' to prompt for a confirmation when a Reverse position command is used in the [[Order and Position Tracker]]. | |||
:* '''Flatten Everything command''' to prompt for a confirmation when Flatten Everything command is used in the [[Order and Position Tracker]]. | |||
:* '''Orders placed/cancelled by the keyboard shortcuts''' to prompt for a confirmation when an order is placed/cancelled using keyboard shortcuts; clear the box to avoid confirmation. | |||
:2. Select the source of the average entry price for manual exit strategies in '''Exit Strategies Average Open Position Price''': | |||
:* received from broker; | :* received from broker; | ||
:* calculated based on order(s) execution price. | :* calculated based on order(s) execution price. | ||
: | :3. Select the '''Exit Strategies Mode''': | ||
:* '''First to Position, then to Orders''' - this is a combination of the 2 modes described below. The first exit strategy order works according to “[[Preferences#All to Positions|All to Positions]]” mode logic, all other exit orders work according to “[[Preferences#All to Orders|All to Orders]]” mode logic. | :* '''First to Position, then to Orders''' - this is a combination of the 2 modes described below. The first exit strategy order works according to “[[Preferences#All to Positions|All to Positions]]” mode logic, all other exit orders work according to “[[Preferences#All to Orders|All to Orders]]” mode logic. | ||
:* '''All to Position''' - whenever an exit strategy is used (whether it is an auto-attached exit strategy or it was manually dragged and dropped it onto an open position on the chart), the number of contracts of the exit strategy always depends on number of contracts of current open position and the exit strategy can be cancelled or vice versa, not placed at all, if an open position is closed or there is possibility of overfill (it can be cancelled manually). | :* '''All to Position''' - whenever an exit strategy is used (whether it is an auto-attached exit strategy or it was manually dragged and dropped it onto an open position on the chart), the number of contracts of the exit strategy always depends on number of contracts of current open position and the exit strategy can be cancelled or vice versa, not placed at all, if an open position is closed or there is possibility of overfill (it can be cancelled manually). | ||
Line 102: | Line 107: | ||
Similar to this case if you enter with an order + auto attached stop loss and then you place another order in opposite direction with attached profit target, the position will be closed, but both stop loss order and profit target orders will stay active, because they are not bound to open position in this mode. </div> | Similar to this case if you enter with an order + auto attached stop loss and then you place another order in opposite direction with attached profit target, the position will be closed, but both stop loss order and profit target orders will stay active, because they are not bound to open position in this mode. </div> | ||
: | :4. '''Price Order Emulation''' - since '''MultiCharts 12''' it is possible to switch between native and emulated Stop, Limit and Stop-Limit orders in both auto trading and manual trading. This feature requires realtime data subscription on your broker account. When a Stop/Limit order is emulated - once the Stop/Limit price level is reached by the corresponding Ask/Bid or Trade prices, a market/limit order is sent to the broker correspondingly. When a Stop-Limit order is emulated - once the Stop price level is reached by the corresponding Ask/Bid or Trade prices, a Limit order is sent to the broker. In case Stop, Limit and/or Stop-Limit order emulation is enabled - the emulated OCO group is used, disregard the broker profile/autotrading broker plugin settings. | ||
To enable the Stop, Limit or Stop-Limit order emulation for manual trading select '''Emulate locally using Bid/Ask''' or '''Emulate locally using Trade''' from the dropdown list next to the corresponding order type. Leave the settings to '''Use native''' if using price order emulation is undesirable. | To enable the Stop, Limit or Stop-Limit order emulation for manual trading select '''Emulate locally using Bid/Ask''' or '''Emulate locally using Trade''' from the dropdown list next to the corresponding order type. Leave the settings to '''Use native''' if using price order emulation is undesirable. | ||
Line 109: | Line 114: | ||
===Auto Trading Options=== | ===Auto Trading Options=== | ||
'''Managing active orders when auto trading is turned off:''' | |||
:* Cancel active orders sent by the strategy | |||
:* Do not cancel active orders sent by the strategy | |||
:* Require manual confirmation | |||
'''Managing open positions when auto trading is turned off:''' | |||
:* Close the open position opened by the strategy | |||
:* Do not close the open position opened by the strategy | |||
:* Require manual confirmation | |||
'''When system resources (GDI/User objects, disc space, physical memory) are running low:''' | |||
:* Show confirmation dialogue | |||
:* Stop auto trading without confirmation | |||
===Currency Options=== | ===Currency Options=== | ||
Select one of the available currencies to see open [[Chart Trading#PnL and Current Position|profit and loss values on charts]] and profit and loss values in [[Order and Position Tracker#Open Positions Tab|Order and Position Tracker]] window in '''Preferred Currency'''. | Select one of the available currencies to see open [[Chart Trading#PnL and Current Position|profit and loss values on charts]] and profit and loss values in [[Order and Position Tracker#Open Positions Tab|Order and Position Tracker]] window in '''Preferred Currency'''. | ||
=== Fail-Watch and Trading System Warnings === | |||
If you are satisfied with the current performance, do not observe any issues in the operation and consider this alert excessive, you can change the timeout or completely disable the alerts. | |||
== Directories == | == Directories == |