Change Stop/Limit Order

Brief

This section describes all possible ways of changing a stop/limit order.

Details

To change a stop/limit order

1. Do one of the following:

• Drag the order line to the desired price level. While you drag, in the label you will see the rate and the expected position profit/loss in pips.
  
  Note: You can drag the order line to any place on the chart, and then select or type the price.
• Right-click the order line or label, and then click Change Stop Order or Change Limit Order respectively depending on which you are trying to accomplish.
• Right-click the line, label or marker of the position whose stop/limit order you want to change, and then click Change Stop Order or Change Limit Order respectively depending on which you are trying to accomplish.
  
  Note: To make sure that the marker is the marker of the appropriate position, point to the marker. A tooltip indicating the trade operation (Long or Short), the open price, the date and time when the position was opened, and the current position profit/loss in pips will appear.
2. The Stop/Limit Order dialog box will appear.
   
   
   
   To view a five minute mini chart for the order symbol, click Chart.
   On the mini 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.
   You will also see the position line if the position price is currently visible on the chart; otherwise, you will see the position marker at the upper or lower border.
3. Specify the price for the stop/limit order if necessary. The price can be specified either directly, by selecting or typing the price in the appropriate box, or through a distance in pips from the market price.
   
   Note: You cannot specify the price for your stop/limit order through a distance in pips if it is not supported by the server. In this case the In pips check boxes are disabled.

• To specify the price directly, select or type the price in the appropriate Rate box.
• To specify the price through a distance, select the In pips check box, and then select or type the distance in pips in the appropriate Rate box.
  
  Note: When you specify the price through a distance:

• The price for a stop order is calculated from the current close price.
• The price for a limit order is calculated from the best of the prices: the position open price and the current close price.
4. To make your stop order a trailing stop or change its step, in the Trailing box, click the necessary step type. If you choose a fixed step trailing order, select or type the step in pips in the next box.
5. Click OK.

Note: If the selected price is not visible on the chart, the order line is currently not visible.