Trade
Terminal

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Trade Execution

Analysis

Precision Trading

Templates

The Trade Terminal is a feature-rich professional trade execution and analysis tool. It is designed to provide a number of trading features which are not typically present in the underlying trading platforms.

Deal ticket

Its deal ticket has the following key features:

  • Simple fields for setting stop-loss, take-profit and trailing stop in pips
  • Pop-up calculators, e.g. for working out the lot size which corresponds to a cash risk given a particular stop-loss distance
  • Open-position marker, providing access to options for quickly closing, reversing, or hedging the position in a symbol
  • Pop-up dealing form for creating pending orders as well as market orders
  • Ability to create templates for quick order entry
  • Displays key symbol information (pip size, value per pip and more)

In other words, the Trade Terminal allows one-click entry for simple market orders, and two-click entry for potentially complex predefined templates. These templates can also be saved and used in the Mini Terminal and Market Manager tools.

Account metrics

The Trade Terminal gives an overview of current account metrics such as equity and margin usage, with simple facilities for setting up alerts on these figures, e.g. a warning if margin usage exceeds 10%. For specialized alarm management, including the ability to carry out automated actions, you can use the Alarm Manager.

Position and order lists

The Trade Terminal also displays a list of all open positions and pending orders, with quick and simple facilities for carrying out actions such as the below:

  • Close all positions
  • Close all losing positions
  • Close a specific position
  • Do a partial close
  • Change the stop-loss, take-profit or trailing stop on a position or pending order

A trader can select multiple orders from the list and then carry out actions on all of them at once. For example, the user can select all losing positions, and then set a break-even take-profit on those positions using only two mouse clicks.

Rules for scaling out of positions

The Trade Terminal also lets the trader define rules for scaling out of positions, and these rules are then applied automatically without further manual involvement. An example of such rules is as follows:

  • When a position reaches 20 pips profit, close half of it and move the s/l to break-even
  • When a position reaches 30 pips profit, close another 25% and move the s/l to +10 pips
  • Close the remainder of the position when its profit reaches 40 pips

Like order entry, these rules can be saved as templates, and quickly applied to new positions in future with a couple of mouse clicks

Position analysis

The Trade Terminal provides a number of options for analyzing open positions. Positions can be grouped into categories, e.g. by symbol, or direction, or the combination of symbol and direction. The trader can see the total profit and more info for each category, and can carry out actions on all the positions which fall into a category.

Data source: FX Blue Labs

Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, investment advice or investment recommendation or solicitation for the purpose of buying or selling of any financial instrument. All information provided is not a guarantee or reliable indicator of future performance.

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