Chart trading¶

cTrader allows creating orders, price alerts, modifying open positions as well as setting and modifying the stop-loss and take-profit protections directly on the chart.

Quick Trade¶

To enter a trade in Quick Trade directly from the chart, hover over Sell or Buy Quick Trade buttons at the top of the chart. The Volume selector will appear automatically between them.

Adjust the trade volume using the toggles, by typing the desired value, or by selecting a value from the drop-down list. Then click the Buy or Sell button (or double-click depending on your Quick Trade settings) to send the order.

The order will be sent immediately, and the respective notification will pop up in the upper right corner (if notifications are enabled).

Drag and drop the Buy limit/stop order box to the right (or the Sell limit/stop order box to the left) to place a limit or stop order.

Orders are positioned relative to the spread as follows:

• Below and between the spread are the Buy limit orders.
• Above the spread are the Buy stop orders.
• Above and between the spread are the Sell limit orders.
• Below the spread are the Sell stop orders.

The pending orders will be displayed on the chart at the price level where you placed them. You can drag and drop an order to modify it directly on the chart.

Please check the Application settings section for more details on how the Quick Trade works.

Orders¶

Alternatively, to create orders directly from the chart, right-click the desired price level and select Create new order to proceed to the New order menu, or select Sell/buy limit, Buy/sell stop, or Buy/sell stop limit to create the respective order directly on the desired price level.

Therefore, depending on where you create an order (above the bid price or below the ask price), cTrader will automatically suggest the order direction:

• Below the ask price: buy limit, sell stop, sell stop limit

• Above the bid price: sell limit, buy stop, buy stop limit

  

The new order badge will appear on the chart. It contains the number of lots being traded, the pips, the current position net profit or loss, as well as the managing and protection buttons. Hover over the Order badge to see its detailed information.

To modify your order, drag and drop it along the price axis or double-click to open the Modify order menu. To modify stop-loss or take-profit protections, drag and drop the respective badge below or above the order badge.

Price alerts¶

To set the price alerts directly from the chart, right-click the desired price level and select the desired price alert at bid or ask price.

The price alert line automatically appears on the chart. Drag and drop the Price alert badge to modify the price alert, or use the X button to cancel it.

Positions¶

When you open a position, the Position badge becomes visible on the symbol chart. It contains the number of lots trading, the pips, the current position net profit or loss, as well as the managing and protection buttons. You can see the position reflected on your chart as a dash and dot line.

If you do not see your current trading positions in the chart, hover over the View options icon at the top of the chart to make sure orders and positions are selected.

Double-click the Position badge in the chart to open the Modify position menu.

Click and drag the TP or SL sliders to the desired price level to set or modify the stop-loss or take-profit protections. The Advanced protection, Reverse, and Double buttons are available right next to the position preview.

Hover over the current position or order line to highlight the line and the corresponding order/position in Trade Watch and its open price on the price axis.

The dot on the position line shows the time when this order was created.

Click the X button next to the desired position to close it.

Pending orders¶

When creating a pending order, you can see it reflected on the symbol chart as a dash and dot line with the respective order badge. Click the Order icon of the desired order to open the Modify order menu.

The stop-loss and take-profit levels are reflected on the chart as dotted lines above and beneath the Order line.

Until the current price reaches the price you set for a pending order to be filled, you can drag and drop the order badge to change the price. You can also drag and drop both stop-loss and take-profit lines. Use the respective badges to the left to do so.

To cancel a pending order or remove stop loss and take profit, click the X button next to the respective badge.

The dot on the order line shows the time when this order was created.