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==== :* '''All to Orders ====Whenever ''' - 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 is always fixed and the exit strategy is not cancelled under any conditions, it can be only filled (it can be cancelled manually).
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# Windows Deleting. To prompt for a confirmation when a Chart/Scanner Window is closed (deleted), clear the '''Do not prompt for confirmation when I want to close a window''' checkbox; check the box to close all windows without confirmation.
# Wizard Options. To open Wizard on software startup, select the '''Run Wizard on Startup''' checkbox; clear the checkbox to not launch it on startup.
# Saving Data. #*Select '''Store Optimization Reportoptimization reports within workspace''' to save report with a workspace (file size will be increased); clear it not to save report with a workspace.#*Select '''Store historical optimization reports''' to keep the previous reports. When this option is unchecked, the previous reports will be deleted on start of the next optimization, as well as the unsaved reports on close of the workspace.
== Data Server Mode ==
Data Server Mode settings affect the whole software (MultiCharts, Portfolio Trader and QuoteManager). This page determines whether the software has access to real-time data from a data provider server or it is limited to use only the data that is already stored in the database.
<div style="background-color: #E3FBE5;">'''Note''': In order to switch between the modes or turn on/off "Download missing historical data" box, all workspaces should be closed in all opened instances of MultiCharts, Portfolio Trader and QuoteManager should be closed, no [[Time and Sales]], [[Understanding Real-Time Market Scanner|Service Scanner]] or [[Dom|DOM]] window should be activated. </div>
To learn how this page affects data collected in MultiCharts, please read [[Collecting and Saving Data to MultiCharts Database|this article]].
== Charting ==
# Clear '''Do not require confirmation when removing a study from a chart''' to prompt for a confirmation when a study is deleted from a chart; select the box to delete signals and indicators without confirmation.
# Select '''Enable indicator status switch in a status line''' to enable functionality of [[Using Studies#Study Status Switch|switching an indicator on and off in the Status Line]].
# Select '''Delete the drawing when Delete is pressed (if unchecked – the study is deleted)''' to be able to delete the drawings created by a study without removing the study from the chart.
# Select '''Do not delete drawings created by a study''' if a study is deleted to enable the corresponding option.
# Clear '''Enable data source merging option (allows to merge historical and real-time data from DIFFERENT data sources)''' if you use the same data source for historical and real-time data. Merging should be used only in case you are getting historical and real-time data from different data providers (for example, historical data from IQFeed, real-time data from Interactive Brokers). If you select this box then [[Creating Charts#Merging Data Sources into a Single Chart|Merging Data Sources into a single Chart]] option in the Chart settings will be available.
== Trading ==
Trading settings affect the functionality and usability of manual and auto trading.
<div style="background-color: #E3FBE5;">'''IMPORTANT INFORMATION''': Any changed configuration in '''Preferences''' on '''Trading''' tab will come into effect and work correctly only after restart of MultiCharts.</div>
===General===# Select '''Show Error pop-up alert''' to enable alerting when any errors in MultiCharts working occur; clear the checkbox to disable alerting. # Select '''Sound Alerts''' to enable alerting when a position is opened/closed, an order is filled, cancelled, rejected; clear the checkbox to disable alerting. Affects both auto trading and manual trading.# Select '''Show order confirmation dialog when placing/cancelling orders using keyboard shortcut''' to prompt for a confirmation when an order is placed/cancelled using keyboard shortcuts; clear the box to avoid confirmation.# Select the source of the average entry price for [[Chart Trading#Orders and Strategies|manual exit strategies]] in '''Exit Strategies Average Open Position Price''':#* '''received''' directly '''from broker''';#* '''calculated based on order(s) execution price'''.# Clear '''Do not show cancel active orders confirmation dialog when disabling auto trading''' to see the dialog window asking if the pending strategy orders should be cancelled when automated trading is turned off; check the box and select one of the following options to avoid the dialog:#* '''Cancel active orders sent by the strategy''',#* '''Do not cancel active orders sent by the strategy'''.# Clear '''Do not show close open position confirmation dialog when disabling auto trading''' to see the dialog window asking if the opened by strategy position should be closed when automated trading is turned off; check the box and select one of the following options to avoid the dialog:#* '''Close the open [[Order and Position Tracker#Strategy Positions tab|position opened by the strategy]]''',#* '''Do not close the open [[Order and Position Tracker#Strategy Positions tab|position opened by the strategy]]'''.# 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'''. === Manual Exit Strategies Modes ===Originally MultiCharts used to work in “[[Preferences#All to Positions|All to Positions]]” mode only, then the new 2 modes were added due to customers’ requests. ==== First to Position, then to Orders ====This is 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.
===Manual Trading Options= ==:1. Check '''Show order confirmation dialog when placing/cancelling orders using keyboard shortcut''' to prompt for a confirmation when an order is placed/cancelled using keyboard shortcuts; clear the box to avoid confirmation:2. Check '''Require Order Confirmation''' 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.:3. Check '''Require Confirmation for Flatten Everything command''' to prompt for a confirmation when Flatten Everything command is used in the [[Order and Position Tracker]].:4. Select the source of the average entry price for manual exit strategies in '''Exit Strategies Average Open Position Price'''::* received from broker;:* calculated based on order(s) execution price. :5. 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. Whenever :* '''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).
<div style="background-color: #E5F6FF;">'''Example''':
# All to Positions mode is used. Stop Loss exit strategy is configured to be auto attached.
# You click Buy Market 10 contracts.
# It is possible to apply a different exit order to your current open position now. Let’s say, you decide to drag and drop a preset Profit Target onto your open market position. If you do this, you will place a 10 contracts profit target order according to its settings.
# The key difference of this mode is that if you manually close 1 long contract out of 10 opened at the moment, both the stop loss and the profit target orders will be modified to reduce their quantities down to 9, because in this mode they are to be dynamically adjusted according to current number of open contracts.
# Similar to the described 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 and both stop loss order and profit target orders will be cancelled, because they are bound to open position in this mode.</div>
<div style="background-color: #E5F6FF;">'''Example''':
# All to Orders mode is used. Stop Loss exit strategy is configured to be auto attached.
# You click Buy Market 10 contracts.
# It is possible to apply a different exit order to your current open position now. Let’s say, you decide to drag and drop a preset Profit Target onto your open market position. If you do this, you will place a 10 contracts profit target order according to its settings.
# The key difference of this mode is that if you manually close 1 long contract out of 10 opened at the moment, both the stop loss and the profit target orders will remain with quantities = 10, because in this mode they are not to be dynamically adjusted according to number of currently open contracts.
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> :6. '''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 order is sent to the broker. 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.In order to apply the changes one needs to disconnect the broker profile and reconnect it. ===Auto Trading Options=== # Clear '''Do not show cancel active orders confirmation dialog when disabling auto trading''' to see the dialog window asking if the pending strategy orders should be cancelled when automated trading is turned off; check the box and select one of the following options to avoid the dialog:#* '''Cancel active orders sent by the strategy''',#* '''Do not cancel active orders sent by the strategy'''.# Clear '''Do not show close open position confirmation dialog when disabling auto trading''' to see the dialog window asking if the opened by strategy position should be closed when automated trading is turned off; check the box and select one of the following options to avoid the dialog:#* '''Close the open [[Order and Position Tracker#Strategy Positions tab|position opened by the strategy]]''',#* '''Do not close the open [[Order and Position Tracker#Strategy Positions tab|position opened by the strategy]]'''. ===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'''.
== Directories ==
Directories tab determines the location of MultiCharts Database, Cache files, Studies, Logs and Order and Position Tracker data. It is possible change the directories and [[How to Move MultiCharts Database, Studies and Logs from C Drive (Starting from 8.7 Version)|move all this to a different location]].
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==Scanner==
In the Scanner tab it is possible to select the way the instruments/rows/groups are inserted into the Scanner. The available options are '''Above Active Cells''' and '''Below Active Cells'''.
==Currency Conversion==
Currency Conversion functionality is used for converting price values when Base/Preferred Currency is different from the symbol currency set in QuoteManager. Since MultiCharts 10 Release 3 an alternative currency conversion server can be selected.
<div style="background-color: #E5F6FF;"><u>'''NOTE'''</u>: MultiCharts needs to be restarted completely in order to apply any changes made for the Currency Conversion Server.</div>
===Possible issuesIssues===
The message '''“Cannot access Currency Conversion server. Calculation will be stopped.”''' is displayed in case the Currency Conversion Server cannot be accessed within the specified timeout. This message indicates that the signal calculation will be stopped as there is no data for conversion. Therefore, the signal will be turned off and auto-trading will be disabled. To avoid this, check the box '''Allow calculation if Currency Conversion data is incomplete'''.
[[Category:Help]]
