Risk Management Mode of Chart Trading: Difference between revisions
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[[File:Close_Button.png|100px]] After pressing the '''Close''' button, MultiCharts sends an order to close the position and the command to cancel all pending orders.<br> | [[File:Close_Button.png|100px]] After pressing the '''Close''' button, MultiCharts sends an order to close the position and the command to cancel all pending orders.<br> | ||
[[File:Reverse_Button.png|100px]] '''Reverse''' closes the current position with market order, cancels all pending orders and sends market order to open the position in opposite direction for the same number of contracts.<br> | [[File:Reverse_Button.png|100px]] '''Reverse''' closes the current position with market order, cancels all pending orders and sends market order to open the position in opposite direction for the same number of contracts.<br> | ||
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There are two buttons corresponding to the exit strategy – '''Profit Target''' and '''Stop Loss'''. These buttons work as a toggle switch.<br> | |||
Press [[File:ProfitTarget_Toggle.png|60px]] to protect the position with the Profit Target.<br> | |||
Press [[File:StopLoss_Toggle.png|60px]] to protect the position with the Stop Loss.<br> | |||
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The exit strategies mode is determined by the '''Manual Trading Options''' in [[Preferences]]. | |||
