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Chart Trading Orders and Strategies

106 bytes removed, 16:03, 12 September 2022
#* Right-click on the '''Chart Trading''' panel to see the shortcut menu, and then click '''Format Chart Trading'''; or:
#* Select '''Format''' in the main menu and click '''Chart Trading…'''.
# Select the '''Common General Settings''' tab.
# Modify the offset in the '''Stop Limit Offset''' box.
# Click '''OK''' to save changes.
==Breakout Down/Fade Strategy==
[[Image:BRKOUT_OUT_Chart.png|thumb|right|Breakout Strategy on the chart]]
This strategy is a combination of the breakout and fade strategies defined above, and it is used when the trader expects the price will go down. This strategy will place a sell stop order below current price and buy sell limit above current price. The breakout can be activated if it happens, but also catch the fade if the price rises.
===Appearance ===
===Creating Breakout Down/Fade Strategy orders===
To create Breakout down /fade strategy orders:
* Drag-and-drop the Breakout Down/Fade Strategy icon http[[File://www.multicharts.com/img/wiki/strategies/22BDFS.png ]] to the chart; or:
* Right-click at the desired price level on the chart to see the shortcut menu, select '''Place Order''' and then click '''Breakout Down/Fade Strategy'''; or:
* Right-click the Breakout Down/Fade Strategy icon http[[File://www.multicharts.com/img/wiki/strategies/22BDFS.png ]] in the '''Place Order''' menu to see the shortcut menu and click Apply Strategy. * Double-click the Breakout Up/Fade Strategy icon http[[File://www.multicharts.com/img/wiki/strategies/22BDFS.png ]] in the '''Place Order''' menu.
[[Category:Manual Trading]]