The MANUAL TRADING window - every setting a manual trade uses
The MANUAL TRADING window holds every setting a manual BUY or SHORT uses: the exits, the trail and how the order is placed, long on the left and short on the right. They are the same settings the AUTO/BOT window carries, without the automatic entry rules, and a change applies to the next order.
In this video
The 30-second version
The same topic in thirty seconds, made for a phone screen.
Both videos use the desk in paper mode with made-up symbols and prices.
Read the transcript
Everything a manual trade uses
The MANUAL TRADING window holds every setting a manual BUY or SHORT uses. They are the same settings the AUTO/BOT window carries, this window just leaves the automated entry rules out of the way. Changes take effect on the next order.
Exits
First, the exits: what closes a manual trade. Take profit and stop loss, in your units: a percentage of the entry price, or dollars for the whole position. And Auto exit, per side: untick it, and none of the software exits run for that side. Then only you can close those trades.
The trail
Next, the trail, which runs only while Trailing TP/SL is ticked. Before the trade reaches Trail after, the fixed take profit and stop loss rule alone. Trail after is how far ahead the trade must be before it starts, Trail width is how far behind the best price it follows, Trail width of zero means the stop loss distance is used. and step percent turns it into a step lock instead. With a step percent set, the step lock takes over and the width is ignored.
The order
Last, how the order is placed. Entry and exit offsets: how many cents through the price each order goes. Fill or kill, with how long to wait for the rest of a partial fill. TRACK, which sizes the offsets from your own recent slippage, and FREE ENTRY, which rests the entry a few cents away instead of crossing.
Long and short
Long on the left, short on the right, each with its own values. In Lite, this window is the heart of the desk. In the full desk, it is the quickest way to tune your manual trading, without the automation in view.