Help CenterIn the Trading tab, you can access key tools for executing and managing trades, including the deal ticket, market ladder, multiple orders, order batch, order grid, trade list, and trading actions—all designed to streamline and enhance your trading workflow.
Trading
🎟️Deal Ticket
A Deal Ticket is the window or pop-up where you place a trade. The deal ticket features a Market order, a Limit order, as well as a Stop order.
The Deal Ticket gives you full control over the parameters of your trade before you execute it. It typically includes:
- Symbol: The specific financial instrument you want to trade (e.g., EURUSD).
- Bid/Ask Price: The current prices. The Bid is the price you can sell at, and the Ask is the price you can buy at.
- Volume/Size: The quantity of the asset you want to trade. This is measured in "lots."
- Stop Loss (S/L): An optional but highly recommended tool. You set a specific price level that, if reached, will automatically close your position to limit your potential losses.
- Take Profit (T/P): Another optional tool. You set a price level that, if reached, will automatically close your position to lock in your profits.
By filling out these fields and selecting Buy or Sell, you can quickly and precisely execute a trade.
📊Market Ladder
The Market Ladder is an advanced feature that shows the real-time order flow for a specific financial instrument. It displays a list of pending buy and sell orders at different price levels, offering a "vertical" view of the market.
How does it work? The Market Ladder shows you:
- Bid (Buy) Orders: A list of all the pending buy orders below the current market price.
- Ask (Sell) Orders: A list of all the pending sell orders above the current market price.
Each price level on the ladder shows the number of lots (or units) waiting to be executed at that specific price.
➕Multiple Orders
The Multiple Orders feature allows you to set up and execute several trades at the same time. This is a powerful tool for traders who use a strategy that requires placing multiple positions simultaneously, such as a basket trade or a grid strategy.
How does it work? The interface is straightforward:
- Add Orders: You can add multiple new orders to a list on the left side of the screen. Each order will have its own set of details.
- Define Each Order: For each new order you add, you can specify its details in a "Trading Action" panel (on the right). This includes the symbol, volume (in lots), and optional Stop Loss (S/L) and Take Profit (T/P) levels.
- Execute: Once you have defined all your orders, you can click Execute Batch. This will send all the orders to the market at once, saving you time and ensuring all trades are placed with the same timing.
Why would I use this? This feature is useful for:
- Efficiency: Placing multiple trades instantly rather than one by one.
- Consistent Execution: Ensuring all orders are executed at the same time.
- Advanced Strategies: Executing complex strategies that involve multiple positions at once.
🔲Order Grid
An Order Grid is a trading tool that helps you create a series of buy and sell orders at predetermined price levels, forming a "grid." This strategy is designed to profit from market volatility without having to predict a clear trend. It's especially useful in sideways or range-bound markets where prices move up and down within a specific range.
The order grid interface allows you to define the rules for your automated trading strategy:
- Entry Offset (pips): This sets the distance between each order in your grid. A smaller number means a tighter grid with more frequent, smaller trades.
- Orders: You can specify the number of buy or sell orders you want to place in the grid.
- Volume change: This allows you to increase or decrease the lot size of each subsequent order in the grid.
- Exit price: This is an optional feature that lets you set a single price point where all trades in the grid will be closed.
- Mirror buys and sells: This is a powerful feature that can automatically place corresponding buy and sell orders to capture profits on both upward and downward price movements.
By setting up these parameters and clicking Create Grid, you can automate your trading strategy to systematically capture profits as the price fluctuates.
⚡Trading Action
A Trading Action is the specific instruction to execute a trade. It’s the final step in placing an order, where you specify what you want to do and with what parameters.
What are the main types of Trading Actions? The trading actions are Buy and Sell.
- Buy: This is an action you take when you believe the market price of an asset will increase. You are entering a long position.
- Sell: This is an action you take when you believe the market price of an asset will decrease. You are entering a short position.
Where do I see this? You will see the Trading Action options on a Deal Ticket, Quote Board, or any order entry form. These buttons are usually prominent and clearly labeled, allowing you to quickly enter the market in your desired direction.
🚀 Order Batch
The Order Batch feature on a trading platform allows traders to place, modify, or close multiple orders at once, instead of handling them one by one. It’s especially useful for traders who manage several positions simultaneously or use automated strategies.
- Action: Customize your order settings with the parameters you prefer, and then click 'Save' to apply the changes.
- Add: Select the instrument from the 'Favourites' or the 'Select from' options, and add to the list.
- Multiplier: The multiplier increases your trade’s lot size by a specific factor (e.g., ×2, ×5, ×10, etc.). For example, if your order is set to 'Buy 0.01 lot' and you apply a multiplier of 5 for EURUSD, the system will open a 0.05 lot position.
📈 Trade List
The Trade List allows traders to view and manage all their open positions in one convenient place.
- Trades: Select whether you want to display only your active and pending orders or all trades.
- View: Choose how you want to organize and display your trades. For example, you can filter or group them according to your preferences.
- Tools: Use this section to close or modify the parameters of all orders, or specific ones.