Chart Trading Orders and Strategies: Difference between revisions
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Chart Trading Orders and Strategies (view source)
Revision as of 16:03, 12 September 2022
, 12 September 2022→Breakout Down/Fade Strategy
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#* Right-click on the '''Chart Trading''' panel to see the shortcut menu, and then click '''Format Chart Trading'''; or: | #* 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 '''Format''' in the main menu and click '''Chart Trading…'''. | ||
# Select the ''' | # Select the '''General Settings''' tab. | ||
# Modify the offset in the '''Stop Limit Offset''' box. | # Modify the offset in the '''Stop Limit Offset''' box. | ||
# Click '''OK''' to save changes. | # Click '''OK''' to save changes. | ||
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==Breakout Down/Fade Strategy== | ==Breakout Down/Fade Strategy== | ||
[[Image:BRKOUT_OUT_Chart.png|thumb|right|Breakout Strategy on the chart]] | [[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 | 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 sell limit above current price. The breakout can be activated if it happens, but also catch the fade if the price rises. | ||
===Appearance === | ===Appearance === | ||
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===Creating Breakout Down/Fade Strategy orders=== | ===Creating Breakout Down/Fade Strategy orders=== | ||
To create Breakout down /fade strategy orders: | To create Breakout down /fade strategy orders: | ||
* Drag-and-drop the Breakout Down/Fade Strategy icon | * Drag-and-drop the Breakout Down/Fade Strategy icon [[File:BDFS.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 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 | * Right-click the Breakout Down/Fade Strategy icon [[File:BDFS.png]] in the '''Place Order''' menu to see the shortcut menu and click Apply Strategy. | ||
* Double-click the Breakout Up/Fade Strategy icon | * Double-click the Breakout Up/Fade Strategy icon [[File:BDFS.png]] in the '''Place Order''' menu. | ||
[[Category:Manual Trading]] | [[Category:Manual Trading]] |