This guide explains how to open trades and manage your positions using Liquid Charts on both desktop and mobile platforms.
Opening a Trade on Liquid Charts
To open a trade on the web version of Liquid Charts:
- Navigate to the watchlist and click on either the Bid or Ask price of the asset you want to trade.
- Select Bid to open a sell position.
- Select Ask to open a buy position.
- If One-Click Trading is enabled, the trade will execute immediately upon clicking Bid or Ask.
- If it’s not enabled, a pop-up window will appear, allowing you to set a stop loss or take profit before placing your order.
- Once all parameters are set, click "Send Order" to confirm your trade.
Using One-Click Trading on Liquid Charts
One-Click Trading allows for rapid execution of trades with a single click, streamlining the process for traders who require fast decision-making in dynamic markets.
Activating One-Click Trading
- Navigate to the One-Click Trading option in Liquid Charts.
- Click Activate to enable the feature.
- This ensures faster execution of trades and is particularly useful during periods of market volatility.
Steps to Open a Trade with One-Click Trading
Step 1: Configure Stop Loss (SL) and Take Profit (TP).
- Right-click on the instrument or symbol you wish to trade.
- Select Pre-Configured SL/TP and set your desired levels to protect your trades.
Step 2: Set Trade Parameters.
- Choose the asset you want to trade.
- Use the drop-down menu to select the trade size, such as 0.01 lots for the EUR/USD pair.
Step 3: Execute Your Trade.
- Click Buy to go long or Sell to go short.
- The trade will be executed instantly and will appear in the Positions tab for monitoring.
Opening a Trade on Mobile
Liquid Charts is available for download from the Play Store and App Store.
- Open the app and adjust your trading settings as needed. Add screenshot
- Select your desired asset and trade size.
- Tap Buy or Sell to execute your trade.
- If you wish to change the order type, tap the Trade button at the top right corner. Choose your preferred order type from the dropdown menu.
Managing Trades: Closing or Modifying Positions
-
Closing a Position:
On the web version, navigate to the Positions tab. On mobile, go to the Portfolio tab.- Select the open position you wish to close.
- Click on "Close Position" to complete the process.
-
Modifying a Position:
To add a stop loss or take profit to an active trade, select the position, and click "Modify". Adjust the parameters as needed, and confirm your changes.