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Order
Tool
Panel
with the following:
Configurable:
Draw Order Line X Ticks (away from actual Price)
Draw SL Line X Ticks (away from Order Line)
Spread >
X Ticks (no Trade)
Slippage > X Ticks (no Trade)
Order Line Style
SL Line Style
Order Line Color
SL Line Color
Description
When the S/B (sell/buy) button is clicked,
a sell/buy order Line will be placed at the chart with the distance to the
actual market price like specified. The SL line will be placed in the specified
distance. The Lot Size has to be automatically calculated according the stop
loss risk preset in the panel.
The order and SL line have to be moveable
by drag and drop whereby the Lot Size has to be automatically recalculated.
When the order and SL line is set at the
right place, the A (Activate) Button can be clicked to activate the order line.
When the actual market price is equal the
order line and in relation to the spread and slippage settings, a market order
has to be triggered with the calculated Lot Size and the correspondent SL
When a sell order is open and a buy order
will be Activated, the calculated Lot Size has to include the Lot Size of the
open order.
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