hi,
i am right now testing the chart trader and dom and believe there are some possible improvements.
1. funtionality "cancel if hit"
in some other trading-software you can right click on the order (in the ladder) and select "cancel if hit". if the price moves to the "cancel-point", the order gets canceled automatically. maybe right click on the "limit line" in chart trader, select cancel if hit, click on the price you want it to cancel and a new line appears in the chart, the "cancel line"
this is extremly usefull for scalpers as as it is right now, you might forget some limit orders and get in trades you dont want.
2. ability to replace the strategy of an open trade.
lets say you are in a trade with strategy one (scalping strategy) and wanna convert it into a swing trade.. right now you cannot do that automatically. you need to mange the trade manually.
i want to right click on the "avg. open line" and select "change strategy". then i select the strategy two (swing strategy) and the system cancels all previous orders (stops, targets) and creates the new orders (depending on the selected strategy)
3. multiple strategies the same time on the same symbol
if i enter a second trade on the same symbol all stops'n'stuff will get merged.. this might be a good idea in some cases but is nothing you want when you daytrade. so, if i enter a second trade, i want it to be totally independent from any existing trades. when i then move the "entry line" to the one from a previous trade, they could be merged into one, but not automatically.
4. long and short limit orders at the same time
if you wanna trade range brakeouts and dont know the direction of the break you may want to add a long and a short order the same time. i cant do this right now (maybe this is why i still dont fully understand anything
). but i want to be able to do so.
5. redesign of the ATM
right now you can have 3 entries or exits.. this might be a good start but sometimes could be totally useless. think about a redesign. maybe like this:
create strategies with 1 entry/exit only. let the user then create groups of those strategies for theirselfes.
so, lets say you want 1 trade with 1 entry and 4 exits (somewhat constructed but you'll get my point). you create 4 strategies with the exits you want and combine them into a "group strategy 1". you can then select the "group strategy 1" just as you dit it with a strategy right now. to make it perfect, let the trader manage every strategy of an open trade within the group strategy independent. (stops, targets etc..)
thank you!
i am right now testing the chart trader and dom and believe there are some possible improvements.
1. funtionality "cancel if hit"
in some other trading-software you can right click on the order (in the ladder) and select "cancel if hit". if the price moves to the "cancel-point", the order gets canceled automatically. maybe right click on the "limit line" in chart trader, select cancel if hit, click on the price you want it to cancel and a new line appears in the chart, the "cancel line"
this is extremly usefull for scalpers as as it is right now, you might forget some limit orders and get in trades you dont want.
2. ability to replace the strategy of an open trade.
lets say you are in a trade with strategy one (scalping strategy) and wanna convert it into a swing trade.. right now you cannot do that automatically. you need to mange the trade manually.
i want to right click on the "avg. open line" and select "change strategy". then i select the strategy two (swing strategy) and the system cancels all previous orders (stops, targets) and creates the new orders (depending on the selected strategy)
3. multiple strategies the same time on the same symbol
if i enter a second trade on the same symbol all stops'n'stuff will get merged.. this might be a good idea in some cases but is nothing you want when you daytrade. so, if i enter a second trade, i want it to be totally independent from any existing trades. when i then move the "entry line" to the one from a previous trade, they could be merged into one, but not automatically.
4. long and short limit orders at the same time
if you wanna trade range brakeouts and dont know the direction of the break you may want to add a long and a short order the same time. i cant do this right now (maybe this is why i still dont fully understand anything
). but i want to be able to do so.5. redesign of the ATM
right now you can have 3 entries or exits.. this might be a good start but sometimes could be totally useless. think about a redesign. maybe like this:
create strategies with 1 entry/exit only. let the user then create groups of those strategies for theirselfes.
so, lets say you want 1 trade with 1 entry and 4 exits (somewhat constructed but you'll get my point). you create 4 strategies with the exits you want and combine them into a "group strategy 1". you can then select the "group strategy 1" just as you dit it with a strategy right now. to make it perfect, let the trader manage every strategy of an open trade within the group strategy independent. (stops, targets etc..)
thank you!
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