Placing orders

After starting test you can place orders. There are 2 types of orders - market orders (when you immediately open a position by current market price) and pending orders (when you place an order at some price and it will be triggered when market price hits this level). You can place, modify or delete orders with this tool bar:
1. Place market order - opens market order dialog. (F2)
2. Place pending order - opens pending order dialog. (F3)
3. Modify order - you need to select order first in Open Positions or Pending Orders lists. (F4)
4. Close position - closes open position. You need to select order first in Open Positions list. (F5)
5. Delete pending order. You need to select pending order first in Pending Orders list. (F6)
These buttons are duplicated with Orders menu:
Market order dialog. With this dialog you can place new market order. Use droplet buttons to pick up price directly from the chart. You can also type price directly or use simple calculator on the right to calculate Stop Loss and Take Profit values. Buttons S and B are used to define calculation mode - Sell or Buy. Trailing stop bookmark allows you to define trailing stop parameters for this order.
Pending order dialog. With this dialog you can place new pending order. Use droplet buttons to pick up price directly from the chart. You can also type price directly or
use simple calculator on the right to calculate Stop Loss and Take Profit values (order type will affect these calculations). Trailing stop bookmark allows you to define trailing stop parameters for this order.
Also you can place orders with right mouse click on a chart and using popup menu:
This menu allows you to pick up a price from the chart at that point, where you clicked with right mouse button. It shows this price in menu as you can see (0.7003). In this example you have 3 choices - you can Buy with predefined stop loss at 0.7003, place Buy Limit order at this price or place Sell Stop order at this price.
There are 2 other options to place orders - you can make quick buy or sell with predefined parameters. It is better to use hot keys for this (Ctrl+B and Ctrl+S), it allows to place orders very fast with lots of predefined parameters like stop loss/take profit, trailing stop, lot size. You can define these parameters in menu Tools -> Options -> Trading:
If you set there
only 1 order in list, then after pressing Ctrl+B/Ctrl+S order will be set immediately, otherwise you will be asked to choose which order to execute:
Open the order dialog window by clicking on icons or context menus within bottom panel or price chart. |