×

Sign up and get MultiCharts free

Use its powerful simulation mode with data included out of the box. Just fill out the form and start honing your trading skills with a few clicks.

Changes - MultiCharts

Changes

Jump to navigation Jump to search

Risk Management Mode of Chart Trading

434 bytes added, 12:01, 17 December 2021
no edit summary
[[File:Close_Button.png|100px]] After pressing the '''Close''' button, MultiCharts sends an order to close the position and the command to cancel all pending orders.<br>
[[File:Reverse_Button.png|100px]] '''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.<br>
<br>
There are two buttons corresponding to the exit strategy – '''Profit Target''' and '''Stop Loss'''. These buttons work as a toggle switch.<br>
Press [[File:ProfitTarget_Toggle.png|60px]] to protect the position with the Profit Target.<br>
Press [[File:StopLoss_Toggle.png|60px]] to protect the position with the Stop Loss.<br>
<br>
The exit strategies mode is determined by the '''Manual Trading Options''' in [[Preferences]].

Navigation menu