Create Entry Order Dialog Box

Using this dialog box you can create an entry order.

• Account displays the number of the account on which the order is to be created. If you have more than one account, you can choose the account by clicking the account number in this box.
• Symbol displays the symbol for which the order is to be created. To change the symbol, click the symbol of your choice in this box.
• Sell/Buy displays the trade operation of the order. To change the trade operation, click Sell or Buy.
• Amount (K) displays the amount of the order. To change the amount, select or type your amount in this box.
  Note: Depending on the version of your trading station, you can see the Currency/Point box instead of the Amount (K) box in this dialog box. If necessary, you can change the Amount mode in Options. For details, see Change Amount Mode.
• Per Pip displays the cost of one pip price movement for the specified order amount.
• Usd Mr displays the margin necessary to open a position for the specified order amount.
• Comm displays the estimated amount of the commission to be charged for a position round turn (open and close). The commission is expressed in the account currency.
• Depending on the order type, the prices of the order are displayed as follows:

• Entry order:

• Rate displays the price, at which the order is to be created. To choose the price, select or type your price in the box.
• The box to the right of the Rate box: is not applicable.
• Range Entry order:

• Rate displays the stop price of the order. To choose the price, select or type your price in the box.
• The box to the right of the Rate box: displays the difference between the stop and limit prices in pips. To choose the distance, select or type your distance in the box.
• Trailing: the box is displayed if, in the Options dialog box under General Trading, the Trailing entry orders enabled option is set to True. Otherwise, if the Trailing entry orders enabled option is set to False, the box is hidden.
  If you select a value other than None, the entry order becomes trailing. If the value is Fixed, in the adjacent box, select or type the step size in pips.
  Note: To display or hide the Trailing box, on the System menu, click Options, and then, in the left-hand panel of the dialog box that appears, click General Trading and, in the right-hand panel, set the Trailing entry orders enabled option to True or False.
  
• Advanced: if you click this button, the dialog box expands.
  
  
  
  Now you can modify more parameters and add stop and/or limit orders to the entry order.

• Time In Force displays the time the order stays in force. To change it, click an option of your choice in this box.
• Stop: select this check box to create a stop order.
• Rate displays the price at which the stop order is to be created, select or type your price in this box. A sign with a number next to the box shows the condition that the stop price must satisfy. The last box in the row displays the value in pips that will be used to calculate the stop price if you choose to specify it through a distance.
• Trailing: if you select a value other than None, the entry order becomes trailing. If the value is Fixed, in the adjacent box, select or type the step size in pips.
  
• Limit: select this check box to create a limit order.
• Rate displays the price at which the limit order is to be created, select or type your price in this box. A sign with a number next to the box shows the condition that the limit price must satisfy. The last box in the row displays the value in pips that will be used to calculate the limit price if you choose to specify it through a distance.
• Profit/Loss displays the expected profit or loss in the account currency received in case a stop or a limit order is executed at the specified price.
• In pips: if you select this check box, stop/limit prices are calculated by using the stop/limit distances in pips that you specify.
• Chart:* if you click this button, you will see a five minute chart for the symbol shown in the Symbol box. On the chart, you will see a line on the level of the order price. You can change the order price by dragging its line to the necessary level.
  If you add stop/limit orders to the entry order, lines on the price levels of these orders appear on the chart. You can change their prices by dragging the lines to the necessary levels.
  * If Marketscope is not installed on your computer, the dialog box has no Chart button, and the chart is unavailable.