Risk Management Mode of Chart Trading

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The Risk Management mode is enabled with pressing RadioBtn Mode RiskM.png on the Chart Trading Panel.

The Risk Management panel includes the interface showing Ask and Bid prices.
Panel Toggle BuySell Entry.png
Buy or Sell buttons work as a toggle switch. Click Buy/Sell to determine which operation you are going to do.

Entry Price Control.png — The entry price control shows and allows you to select the price of the order that will be sent.
Entry Offset AskBid Control.png — Use this control to set the offset from ask/bid.
The offset is calculated taking the current ask/bid into account (depending on the trade direction – buy or sell). If one sets the offset, the order price will be recalculated accordingly.

Entry Order Type.png
Market, Limit and Stop are the toggle switches too. They determine the type of the order that is going to be sent.

Cancel All Button.png Cancel All button cancels all pending orders.
Close Button.png After pressing the Close button, MultiCharts sends an order to close the position and the command to cancel all pending orders.
Reverse Button.png 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.

There are two buttons corresponding to the exit strategy – Profit Target and Stop Loss. These buttons work as a toggle switch.
Press ProfitTarget Toggle.png to protect the position with the Profit Target.
Press StopLoss Toggle.png to protect the position with the Stop Loss.

The exit strategies mode is determined by the Manual Trading Options in Preferences.

The Risk Management Mode features a table of values describing the order offset relative to the entry price in several measurement units under each exit strategy.
Volume and Exit strategy controls.png
These units are:

  • Ticks
  • Price
  • Prospective Profit and Loss expressed as a currency
  • Prospective Profit and Loss expressed as a percentage of Equity


Contracts Button.pngContracts Button
$Risk to %Risk Switch.png$Risk to %Risk Switch
Contracts, $Risk and %Risk fields serve to enter the trade size. They are connected to each other and to the Stop Loss and Profit Target offset. Once the value in one of the fields is changed, the others are recalculated correspondingly.