Changes

[[Image:Fade Strategy on the chart.png|thumb|right|Fade Strategy on the chart]]

[[Image:Fade Strategy in DOM.png|thumb|right|Fade Strategy in the DOM window]]

The Fade Strategy will place two limit orders at the prices (distance) specified, so fading can start when the price moves. A buy limit order will be placed below the current price and a sell limit order above the current price.

Fade Strategy orders are displayed as olive drab markers on the chart connected to the order price labels on the price scale with a dotted line and as olive drab markers in the DOM window.

For the '''[[Depth of market (DOM)|DOM window]]''', default Fade Strategy order marker color can be modified in [[Depth of market (DOM)#How to Customize DOM Colors|Format Colors]] menu.

Create Fade strategy orders by one of the following methods:

* Double-click the Fade Strategy icon http://www.multicharts.com/img/wiki/strategies/16.png in the '''[[Chart Trading#Place Order|Place Order]]''' menu.

To modify default Fade strategy parameters:

Click '''More Parameters >>''' to show '''Qty''' and '''Time In Force''' fields (for more info see [[Chart Trading##Setting Order Quantity|Setting Order Quantity]] and [[Chart Trading#Setting Time in Force|Time in Force]] sections).

To save the parameters as a template: