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edits
Changes
Active orders are shown in a bright color, while dependent inactive orders (wait for the active order to be filled before becoming active) are shown in transparent colors. Changing the size, or the price, of the parent order will automatically recalculate and update the dependent orders.
The [[Risk Management Mode of Chart Trading]] allows to set an offset in ticks, equity percent or currency, and MultiCharts will calculate the price of exit orders and place them together with the entry. Press [[File:RadioBtn_Mode_RiskM.png|90px]] to switch to this mode.
[[File:1.png]]
==Full and Compact Modes==
To switch to Full/Compact Mode, right-click on the chart trading panel and click '''Switch to Full/Compact Mode'''corresponding button at the top of the Chart Trading Panel.
==Selecting Broker==
Profit and Loss can be indicated in:
Ticks [[File:56.png]], percents [[File:67.png]] and dollars [[File:75.png]].
To change indication type, click the PnL and Current position box. Current Ask and Bid prices are indicated below. On the chart the Profit and Loss can be also indicated in:
All Entry Strategies are placed with OCO-orders.
There are two types of OCO-groups in MultiCharts: Native and SimulatedEmulated.
Native OCO-group is used when the broker’s API supports OCO-groups. In this case all OCO orders are sent to the broker directly and unfilled OCO orders will be cancelled by the broker. (Native OCO-group is supported by Interactive Brokers).
Please note that in case of high market volatility there may be not enough time to cancel the order and therefore both orders may be filled. Both orders also may be filled in the unlikely event of crash or connection loss.
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 -Til-Cancelled* GTD – Good To -Til-Date
* IOC – Immediate or Cancel Order
** 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 General Settings tab
'''Show Open Positions''' – enables/disables active positions indication on the chart