ChartTrader

You can trade directly from a real-time chart using ChartTrader, which you display from the Charts menu. Once you create an order, you can transmit it, cancel it or modify it directly on the chart, or using the order management line on the Orders tab.

To open ChartTrader

  1. Open an interactive chart by selecting a contract on the trading screen and clicking the Charts icon on the trading toolbar.

  2. On the Charts menu, select ChartTrader and then select Show/Hide ChartTrader.

  3. The ChartTrader tool displays directly below the Quote line of the chart.

To use ChartTrader to create an order

  1. Click the blue Buy button to create a buy order, or the Red sell button to create a sell order.

  2. Move your cursor into the chart and position the broken blue line at the order price you want. Note that your exact price position is displayed in blue to the left of the broken line, along the price axis.

  3. Click to create an order. The order management line appears below the Quote line, in the Orders section of the ChartTrader, and the broken line becomes a solid line. The order parameter defaults are the same as those you set for your trading window using the Order Defaults window.

  4. Click the "T" in the Transmit field to submit the order. You can also submit an order directly from the chart.

Transmit an order from the chart

  1. To transmit directly from the chart, click the green Transmit button, and position the IB cursor over the order you want to send. You can tell that an order is properly selected as the solid order line becomes broken.

  2. Click on the order to transmit.

NOTE: You can modify order parameters in the Order Management line before you transmit the order from the chart.

Modify order price from the chart

  1. You can modify the order price directly from the chart by clicking the Modify button, and positioning the modify cursor over the selected order until the solid order line becomes broken.

  2. Click the order and drag it up or down to the desired price.

Orders that you create using ChartTrader also display on the Trading page that displays the contract data. Trading pages that hold an order display the page title in red.

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