Oliver Kleinschmidt

Order Tool

Panel with the following:

• showing calculated Lot-Size

• S (Sell) Button

• A (Activate) Button

• B (Buy) Button

• A (Activate) Button

• Stop Loss Risk Input Box xxx (Account Currency)

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.