Trade Panel – User Guide #2

Panel for Trailing stop

The “Trailing Stop” panel is designed to set the trailing stop function for orders.

1. Enable trailing stop function.
2. Trailing stop type.
3. Trailing stop settings.
4. “Start” trailing stop settings.
5. Apply these settings to orders and positions that are open on the current symbol.
6. Load trailing stop template.
7. Save trailing stop settings to template.

Trade Panel saves and applies trailing stop settings for each order and position separately, which allows you to:

• Set different types of trailing stop for orders at the same time.
• Enable trailing stop for only some orders.
• Edit the trailing stop of an individual order without affecting the trailing stop settings of other orders.

Trailing stop can be set up in three ways:

How to set a trailing stop for a new order or position

1. Before opening an order or position, go to the Trailing Stop panel.
2. Select the Trailing Stop type 2, configure it 3, if necessary, enable the “Start Trailing Stop” parameter 4 and enable Trailing Stop 1.
3. After setting up the Trailing Stop, open an order or position. The opened position or order will have these Trailing Stop settings.

The Trailing Stop settings on this panel apply only to new orders and positions. To apply changes to the Trailing Stop settings on this panel to already open orders and positions, click button 5 (see below).

How to set/edit trailing stop of existing orders and positions opened on the current symbol

1. Go to the Trailing Stop panel.
2. Select the Trailing Stop type 2, configure it 3, if necessary, enable the “Start Trailing Stop” parameter 4. and enable Trailing Stop 1.
3. After setting up the trailing stop, click the “Apply to open orders..” button 5. After clicking button 5, these Trailing Stop settings will be applied to all orders and positions that are open on the current symbol.

How to set/edit a trailing stop for an order or position

1. Button for going to order or position settings.
2. Tab for setting up Trailing Stop for an order or position.
3. Order control panel.
4. Enable the trailing stop function.
5. Setting up Trailing Stop.
6. Settings for Start Trailing Stop.
7. Load a trailing stop template.
8. Save trailing stop settings to a template.
9. Label for setting up the Start Trailing Stop level.

To edit or set Trailing Stop:

1. Go to the Order Management panel, to the Tr tab.
2. Configure Trailing Stop 5, if necessary, enable Start Trailing Stop 6 and enable Trailing Stop 4.
3. These trailing stop settings will be applied to the current order or position.

Trailing stop types

The panel supports 5 types of trailing stops.

Trailing Stop Standard

Classic trailing stop. Stop loss follows the market price with a given distance.

1. Distance from the current price to the stop loss, with this distance the stop loss will follow the price.
2. The minimum step of the trailing stop.

Trailing Stop Fractal

Stop loss moves along the tops of the fractals, the size of the fractal is set in the settings.

A fractal is a pattern consisting of three or more candles (bars), where the central candle is the maximum or minimum in this pattern.

1. Chart timeframe for fractal search.
2. The number of bars in the fractal.
3. Stop loss offset from the fractal.
4. The minimum step of the trailing stop.
5. Symbol spread size. *

Trailing Stop MA

Stop Loss moves along the line of the Moving Average indicator.

1. Timeframe of the Moving Average indicator.
2. Period of the Moving Average indicator.
3. Averaging method of the Moving Average indicator.
4. The used price of the Moving Average indicator.
5. Bar number for calculating a trailing stop based on Moving Average (bars are numbered starting from zero and directed from right to left).
6. Stop loss offset from the indicator line.
7. The minimum step of the trailing stop.
8. Symbol spread size. *

Trailing Stop ATR

An analogue of the Standard trailing stop, but in this type the readings of the Average True Range (ATR) indicator are used as the distance.

1. Timeframe of the ATR indicator.
2. ATR indicator period.
3. Coefficient. If you set the value to 2, the trailing stop distance will be equal to twice the ATR size.
4. Bar number for calculating a trailing stop based on Moving Average (bars are numbered starting from zero and directed from right to left).
5. The minimum step of the trailing stop.
6. Measure the distance to the stop loss from the last candle:
   • If enabled, the distance will be measured for Buy – from the Low price, for Sell – from the High price.
   • If disabled, the distance will be measured for Buy – from the Bid price, for Sell – from the Ask price.

Trailing Stop Parabolic Sar

The stop loss is moved by the Parabolic SAR indicator.

1. Timeframe of the Parabolic SAR indicator.
2. Step of price change of the Parabolic SAR indicator.
3. The maximum step of the Parabolic SAR indicator.
4. Bar number for calculating the trailing stop based on Parabolic SAR (bars are numbered starting from zero and directed from right to left).
5. Stop loss offset from the indicator line.
6. The minimum step of the trailing stop.
7. Symbol spread size. *

Trailing Stop Candle Wicks

The stop loss is moved along the lows of the candles for buy orders and the highs of the candles for sell orders.

1. Chart timeframe for searching for candles (bars).
2. The number of candles from which the utility will choose the minimum or maximum value for setting a stop loss.
3. Stop loss offset from the candle.
4. The minimum step of the trailing stop.
5. Symbol spread size. *

Trailing Stop Trend Scanner

“Step” parameter

Stop loss repositioning step by trailing stop – the minimum distance from the current stop loss price to the next stop loss price (in points).

“Shift in bars” parameter

Number of the bar whose data will be used to calculate the stop loss level (numbering of bars starts from zero and is directed from right to left, that is, backwards relative to the current bar).

“Indent” parameter

Stop loss offset from the calculated price of the trailing stop (in points).

“Start in points” parameter

Distance from the order opening price to the Start level of the function. The trailing stop will start working when the current price reaches the Start level of the function. If you enter a value with a minus sign in the field, then the start level will be postponed towards the loss (it only makes sense if the order is already open and the current price is in the loss zone, further than the start level).

Checkbox “Measure from stop loss”

Sets conditions for enabling Trailing Stop:

• Disabled – trailing stop will be activated when the current price reaches the start level.
• Enabled – the trailing stop will be activated when the settlement price of the trailing stop reaches the start level. That is, the stop loss will start moving from the start level.

* In the trailing stop by indicator calculation, a chart is used, which is plotted at the Bid price. Since Sell is closed at the Ask price, you can specify the spread size so that the function indents by the spread size from the calculated stop loss level for Sell orders.
If you do not understand what this parameter is for, then set it to 0.
** Attention! The trading panel does not display indicator lines. This indicator is a separate product and is not part of the TradePanel product. 

Panel for BreakEven

The “BreakEven” panel is designed to set the Break-Even function for orders. The number of break-even levels set for each order is not limited.

1. Enable breakeven function.
2. List of breakeven levels.
3. Apply these settings to orders and positions that are open on the current symbol.
4. Download breakeven template.
5. Save breakeven settings to the template.
6. Create a new breakeven level.
7. Delete breakeven level.

How to set a Breakeven for a new order or position

1. Before opening an order or position, go to the Breakeven function panel.
2. Configure the required number of Breakeven levels 2 and enable the Breakeven function 1.
3. After configuring the Breakeven function, open an order or position. The opened position or order will have these Breakeven function settings.

The Breakeven settings on this panel apply only to new orders and positions. To apply changes to the Breakeven settings on this panel to already open orders and positions, click button 3 (see below).

How to set/edit Breakeven of existing orders and positions opened on the current symbol

1. Go to the Breakeven function panel.
2. Configure the required number of Breakeven levels 2 and enable the Breakeven function 1.
3. After configuring the Breakeven function, click the “Apply to open orders..” button 3. After clicking button 3, these Breakeven settings will be applied to all orders and positions that are open on the current symbol.

How to set/edit a Breakeven for an order or position

1. Button for going to order or position settings.
2. Tab for setting up the Breakeven function of an order or position.
3. Order control panel.
4. Enable the Breakeven function.
5. Breakeven levels.
6. Load the Breakeven function template.
7. Save the Breakeven function settings to the template.
8. Labels for setting up Breakeven levels. Distance is the level that the price should touch, Profit is the level where the SL will be moved.

To edit or set the Breakeven function:

1. Go to the Order Management panel, to the Br tab.
2. Set the required number of Breakeven levels 5 and enable the function 4.
3. These trailing stop settings will be applied to the current order or position.

Units of Distance and Profit (Indent)

Panel for Partial Close

The “Partial Close” panel is designed to set the Partial Close function for orders. The number of partial close levels set for each order is not limited.

1. Enable Partial Close in Profit Zone.
2. List of Partial Close levels in Profit Zone.
3. Enable Partial Close in Loss Zone.
4. List of Partial Close levels in Loss Zone.
5. Apply these settings to orders and positions that are open on the current symbol.
6. Load Partial Close settings from template.
7. Save Partial Close settings to template.
8. Create a new Partial Close level.
9. Delete Partial Close level.

Trade Panel saves and applies Partial Close settings for each order and position separately, allowing you to:

• Set different Partial Close settings for orders at the same time.
• Enable Partial Close for only some orders.
• Edit Partial Close for an individual order without affecting the Partial Close settings for other orders.

The Partial Close function can be configured in three ways:

How to set a Partial close for a new order or position

1. Before opening an order or position, go to the Partial Close function panel.
2. Configure the required number of Partial Close levels 2, 4 and enable the Partial Close function 1, 3.
3. After setting up the Partial Close function, open an order or position. The opened position or order will have these settings for the Partial Close function.

The Partial Close settings on this panel apply only to new orders and positions. To apply changes to the Partial Close settings on this panel to already open orders and positions, click button 5 (see below).

How to set/edit Partial close of existing orders and positions opened on the current symbol

1. Go to the Partial Close function panel.
2. Configure the required number of Partial Close levels 2, 4 and enable the Partial Close function 1, 3.
3. After configuring the Partial Close function, click the “Apply to open orders..” button 5. After clicking the button 5, these Partial Close settings will be applied to all orders and positions that are open on the current symbol.

How to set/edit a Partial close for an order or position

1. Button for going to order or position settings.
2. Tab for setting up Partial Close of an order or position.
3. Enable Partial Close of Profit.
4. Partial Close of Profit levels.
5. Enable Partial Close of Loss.
6. Partial Close of Loss levels.
7. Load Partial Close template.
8. Save Partial Close settings to template.
9. Labels for setting up Partial Close levels.

To edit or set the Partial Close feature:

1. Go to the Order Management panel, to the Pc tab.
2. Configure the required number of Partial Close levels 4, 6 and enable the function 3, 5.
3. These partial close settings will be applied to the current order or position.

Units of measurement of the part of the order that will be closed

Each partial close level has a Volume parameter, which you use to specify the size of the order part to be closed. The following units of measurement of the volume of the closed part are available for the partial close function:

Units of Distance

Panel for Alert

The “Alert” panel is used to set up notifications.

1. Create a new alert.
2. Alert conditions.
3. Alert method:
   • Alert – pop-up window on the chart
   • Sound – sound file can be selected in the panel settings on the “Sounds” tab
   • Push notifications – message to a mobile device
   • EMAIL – message to an email inbox
4. Number of repetitions.
5. Pause between repetitions.
6. Create alert.
7. Cancel.

How to create an alert

1. Click the + Alert button 1.
2. Select the Alert conditions 2.
3. Select the alert method 3.
4. Set the number of repetitions 4.
5. Set the pause between repetitions 5.
6. Click the OK button.
7. After clicking the OK button, the panel will create a line on the chart that needs to be set to the desired position.

Panel for Chart Control

The “Chart Control” panel is designed to switch the symbol on the terminal windows (charts).

1. Buttons for switching lists of symbols.
2. List of symbols with open orders.
3. List of favorite symbols.
4. Search for a symbol.
5. Current profit on the account.
6. Buttons for switching symbols on the chart.
7. Button for adding a symbol to favorites.
8. Size of spread on symbols.
9. Current profit on symbols. *
10. Number of open positions on symbols (number of market orders). **
11. Number of open pending orders on symbols. **
12. Number of set tasks on symbols.
13. Bid price on symbols.
14. Ask price on symbols.
15. Panel for setting the color of the current symbol button.

Chart Sync indicator

How to switch symbol on chart

To switch a symbol on the chart, click the button with the desired symbol 5.

To add a symbol to your favorites, click button 6.

To go to the list of symbols where there are open orders, click button 2.

Info Panel

The “Info” panel is designed to display current information on the symbol.

1. The spread size on the current symbol.
2. Time until the bar of the current timeframe closes.
3. Profit on the current symbol.
4. Number of Sell positions, their volume and difference with Buy. *
5. Number of Buy positions, their volume and difference with Sell. *
6. ATR indicator readings.
7. ATR indicator power reserve. **
8. Break-even price for orders on the current symbol.