Chart Trading
Here you can find out what are the possibilities for manual trading on Quantower directly from the chart.
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 Order Entry
Chart trading mode with the mouse
Quick order placement through the chart area with a mouse.
How to set up multiple limit orders
Keyboard trading (Hotkeys)
How to activate trading with hotkeys
How to open the chart trading toolbar
To activate the quick trading toolbar, click on the button in the upper right corner.
The general view of Chart Trading Toolbar may differ depending on the available functions for each trade connection. This panel will be slightly different for crypto connections, as well as for those that do not allow to create Brackets or server-side Stop Loss / Take Profit orders. For more details about available order types for each connection, please check the Order Types section
How to place orders from the chart
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).
How to manage Quick Quantity buttons
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.
How to save order as default
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.
How to create order templates and switch between them
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.
Slider to enter the volume of the position in dollars
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.
This example is for crypto markets
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.
How to set up Profit and Stop orders
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.
Some brokers such as Binance do not allow stop orders for limit orders. (Until the position is NOT open) In this case, use limit orders of the opposite direction
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.
How to set up Multiple Take profit and Stop Loss orders for one position
This example is for connecting a CQG/AMP
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
A set of buttons for quick order and position management
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.
Quick order entry
How to open Quick order entry
To access the quick trade toolbar, click the button in the upper right corner.
Mouse trading
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.
You can place multiple orders in a row by holding down the CTRL key.
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.
Keyboard trading
How to activate trading with Hotkeys
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.
Last updated
