Chart Trading
Here you can find out what are the possibilities for manual trading on Quantower directly from the chart.
Last updated
Here you can find out what are the possibilities for manual trading on Quantower directly from the chart.
Last updated
Placing orders on the Quantower platform can be done using various panels, such as Order Entry, DOM Trader, and Chart. In this guide, we will show you how to place orders via the Chart panel using the sidebar trading toolbar and mouse mode.
Chart trading mode with the mouse
Quick order placement through the chart area with a mouse.
How to set up multiple limit orders
How to activate trading with hotkeys
To activate the quick trading toolbar, click on the button in the upper right corner.
Quantower enables the placement of various types of orders with just one click. To do this, you must first select the trading account, order size, and send your order using the quick trade buttons.
You can also send Limit or Stop orders using the Mouse trading mode.
Before sending an order, you can configure the Brackets mode (not all connections support this mode).
The Quick Quantity buttons are designed to help you adjust the specified volume with a single click based on your trading strategy. You can set default parameters that you frequently use and need to adjust the values quickly. Additionally, these buttons can apply any formula to calculate the order volume, allowing greater flexibility in order sizing. To personalize your Quick Quantity buttons, access the chart settings in the "Order Entry" menu section and locate the "Quick buttons" field.
You can set standard values of the order amount, which corresponds to your risks. This is very convenient for manual trading.
Buttons can not only change to a given position but also apply any formulas.
Right-clicking on the Order Entry sidebar -> Context menu -> Set order as default. This option will allow you to save the current default order settings for all symbols and all accounts.
To create order templates and switch between them, you can follow these steps:
Configure Order: Set up the order according to your preferred parameters, such as quantity, TIF, and Breckets mode with SL/TP.
Save as Template: Right-clicking on the Order Entry sidebar -> Context menu -> Save order template.
Name Your Template: Choose a clear name that helps you remember the specifics of this template for future use. As soon as you save the template, it will immediately be added to the dropdown menu list. You can create multiple templates with parameters tailored to different trading symbols or market conditions.
Switching Between Templates: When placing a new order, you can select any of your saved templates, and the order parameters will automatically adjust to match the template you chose. Click on the necessary template and Apply it.
Edit if Necessary: After applying a template, you can still make adjustments to the order parameters if needed before placing the order.
Managing Templates: You can edit existing templates, rename, delete them, or replace already exist.
There are two ways to enter the quantity of a position
Entering an order in lots of a traded symbol or coin - this was described above
Entering the amount of money planned to purchase that asset.
It is important to remember that if you use margin trading, the result is counted taking into account the leverage.
For example, at the moment you have $82 on your account and 10 leverage is set. It means that you have $820 available balance for trade. This is what you can see in the example.
Then you can set automatic stop loss and profit in pips. It's very convenient to set the lot size and protect it. Specify your values in the appropriate fields.
Use the Quick Trade toolbar
Set your values for stop loss or profit. You can also use any one parameter only.
Use the button to activate the trade with the mouse to set a limit order
If you execute an order at market, the specified stop parameters will retain their values and will be set immediately.
To set multiple stop orders for a single position, do the following Switch the bracket (stop) settings to multi mode
Enter data for setting the first limit orders and how many lots or coins should be closed
For the next stops, enter similar data on the next line.
You can set orders in multiples of your total volume
Next comes a block of buttons for quickly placing an order into the betting slots at the appropriate price.
2. Next comes a large block of functions for managing the current position. You can delete or limit orders or stops. You can also reverse your position with one button or set it to no loss. These are very functional buttons, do not miss them.
To access the quick trade toolbar, click the button in the upper right corner.
The Mouse Trading feature allows you to easily place limit and stop orders directly on the chart. To enable this feature, just click on the mouse icon in the upper right corner of the panel.
If the mouse cursor is positioned above the current price:
Left-click will place a Buy Stop order.
Right-click will place a Sell Limit order.
If the mouse cursor is positioned below the current price:
Left-click will place a Buy Limit order.
Right-click will place a Sell Stop order.
To enable trading via hotkeys, simply click on the keyboard icon located in the upper right corner of the chart panel. This will activate the feature, allowing you to conveniently execute trades using your keyboard.
