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Risk Management Mode of Chart Trading

1,888 bytes added, 12:41, 17 December 2021
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[[File:Send_order_button.png|300px]] — This button sends an order in accordance with the settings. The button contains the order direction (Buy/Sell), number of contracts, Limit/Stop price, order type (Market, Limit or Stop).<br>
== Stop Loss contracts and currency calculation ==
Stop Loss currency and percent values are constant and can be entered in $Risk and %Risk fields manually only.<br>
Changing the money and percent values does not change the tick value and order price. But the number of contracts one needs to buy to risk the specified amount of money at the specified stop price will be recalculated.<br>
If one changes the stop price or tick offset, the number of contracts for the entry will be recalculated so that the specified risk value does not change significantly. Small fluctuations of the risk value are possible, but the value cannot become bigger than the one that was set manually.<br>
[[File:StopLoss_contracts_and_currency_calculation.png|300px]]<br>
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The highlighted $Risk and %Risk values are identical to the values in the table for the Stop Loss.<br>
If the Stop Loss is disabled, $Risk and %Risk fields are not displayed.
== Profit Target contracts and currency calculation ==
Values entered in the fields under the Profit Target button influence each other and do not affect the contracts number and risks.<br>
Tick, Price, Prospective Profit and Loss expressed as a currency and Prospective Profit and Loss expressed as a percentage of Equity values are recalculated if any of them is changed manually.<br>
If the number of contracts changes (manually or because of risk changes), the fixed PnL expressed as a currency does not change. The order offset will be recalculated so that the specified sum could be earned.<br>
All unfixed values under the Profit Target and Stop Loss are calculated taking into account the current price on the chart (last price) and account equity.<br>
[[File:ProfitTarget_contracts_and_currency_calculation.png|300px]]
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Note: Click on the desired field and enter the value manually to make it fixed. Fixed values are marked with bold text.<br>

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