Posted by Mohammad Rahhal, Last modified by Diana Alkouni on 08 September 2020 07:08 AM
The Trade Panel shows all the opened positions with the details of each one which belong to your client(s), you may switch between the clients’ accounts by double click on the client(s) account:
Column Name
Description
Ticket
Shows the ticket ID or order ID for each position
Date/Time
The date and time for each placed position
Type
The type (Buy/Sell) of each position
Amount
The amount of each position
Symbol
The name of the placed symbol for each position
Open Price
The open price for each placed position
Unit Price
Equals the open price divided by the Main Unit Factor. Used to show the trade price using different amount unit
Current Price
The current closing market price for each placed position
S/L
The price of stop loss for each placed position
T/P
The price of take profit for each placed position
Commission
If it is set, it will show the commission for each placed position which will be deducted from the account balance
Interest
If it is set, it will show the interest amount for each position
P/L
The floating profit or loss for each placed position on the trade panel, and in the bottom of this column you will see the Total Floating Profit/Loss in bold line
Open Value
The value of the opened position in the current market price, and in the bottom of this column you will see the Total Value
Comment
To view the added comment to the Orders/Positions
Total Amount Total Commissions, Total Interests, Total Profit/Loss Total Open Value and Total Current Value are showing in the Totals line.
You will notice that the List Item back color is green for the Pending Order when it is close to Market price by 10 pips
Also the back color is green for the Open Position when the Take Profit is close to Market price by 10 pips, and the back color is red when the Stop Loss is close to Market price by 10 pips.
Beside the Trade panel title there is the Positions count and Orders Count.
At the top of the trade window, you will see the account summary bar for the selected account, this bar will be colored to red in case the account reach the liquidation point. The account summary includes the following:
Part
Description
Balance
Real amount of money a client have in his account
Flt P/L
The profit or loss the client gains or loses respectively
Holding Value
The total value of the opened position in the current market price (= Contract Size * Amount * Current Price)
Credit
An amount of money put to the account of a certain client in order to be paid later (like a debt)
Equity
Balance + Flt P/L + Credit
Used Margin
Called also the Margin Requirement, which is the amount of money that a client can afford in his account to buy 1 lot of a certain currency, as an example... which takes (-1000) 0ff for each 1 lot, means 100$ for each 0.1 lot
Free Margin
Called also Effective Margin, which equals Equity + Margin Req.(The Minus value indicates possible danger and closeness to Liquidation). It means how many lots of a certain currency a client can buy with the money which he actually have
Margin Level
This equals to (Equity/Margin Req.) * 100% (the bigger number, the better), it is the most important value that both the client and the market maker should keep on watching, because depending on its value, it can be decided how many lots the client can buy with the money left with him/her, and if the account is close to Liquidation point. If it was 100.00% or more, the account is on the safe side, if it was less, then there is a danger of liquidation to happen soon
In case the account type is physical then the account summary will include the following
Part
Description
Balance
Real amount of money a client deposite in his account
Flt P/L
The profit or loss the client gains or loses respectively Which equals = Amount * Contract
Cash
Equals = Initial Balance + Flt P/L - Holding Value
Holding Value (Trades Value)
Floating value based on the current market rate Which equals = Amount * Contract Size * Current Market Price */ Ref Price
Assets Value
Equals = Initial Balance + Flt P/L
By selecting some/all opened market positions, their Net Information will show up under the account summary in the Trade Panel.
The option close selected positions is used to close more than one position in the same time or all of your open positions together.
The option Hedge Selected Positions is used to open hedged position(s) for the selected/all opened positions.
By using the option cancel selected orders you can cancel more than one limit/stop order in the same time or all of your pending limit/stop orders together.
Note: everything mentioned in previously belongs to the selected account in the Navigator Window.
Right-clicking on any position in the Trade tab window gives you a context menu with options that you can manipulate the position according to which:
Option
Description
Manual New Position
Opens a new window to set a new position for the selected client manually (can be opened by pressing Ctrl+M)
Manual close Position
Opens a new window to close the selected position of the selected client manually
Close This Position
Opens the one click trading screen, which allow you to close, close by hedge or open a new order on the selected symbol
Hedge This Position
To open hedged position (opposite type) for the selected position with the current market price
Freeze this position
This option will prevent the client from closing or deliver the position, and it It will keep effecting the profit loss
Manage Position
Open a window that allow you to set a take profit or stop loss for the selected position of the selected account (This option is also found in the Limit/Stop and SL/TP orders under the name Edit Order)
Delivery
In case the opened positions is physical, this option opens the Delivery Request Catalog
Trailing Stop
To place "Trail Stop" orders on which price will follow the market automatically
Close Profitable Positions
To close all opened positions which their profit/loss are in positive value.
Close Unprofitable Positions
To close all opened positions which their profit/loss are in negativevalue.
Edit Position
Open a window that allow you to edit the selected position values of the selected account
Delete position
This option will delete the selected position of the selected account and will return the deducted money from this client (This option is also found in the Limit/Stop and SL/TP orders under the name Cancel Order)
Attach To Chart
To attach this open position price and open the chart window of the selected symbol
Report
To view the trade panel as HTML page or in Excel Sheet
Print
To print the trade confirmation for the selected ticket using your connected printer
View Settings
Opens a window which allow you to edit the settings of viewing the trade window
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