Display Overview

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Display Overview

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To open the FX Pro window, select the New menu from the NinjaTrader Control Center. Then left mouse click on the menu item FX Pro.

 

The image below shows each of the 5 sections in the FX Pro window

 

1. Order Grid

2. Optional Level II panel

3. Position and Level 1 (current inside market) display

4. Action Buttons

5. Order entry and ATM Strategy management

 

FXPro_23

 

Please see the sections below for more information on each of these sections.

tog_minus        Understanding the order grid section

Order Grid Display

The Order Grid displays active orders for the account and instrument selected in the Basic Entry window.

 

FXPro_1

 

Column Definitions

Name

Order name such as Stop1 or Target1

Action

Buy or Sell

Type

Order type

Price

Order price

Remaining

Number of contracts/shares remaining to be filled

Cancel

Cancels the order(s)

tog_minus        Understanding the level II (market depth) section

Level II (Market Depth) Display

The Level II panel displays bid and ask market depth data color coded by price. The Level II display can be enabled/disabled by right mouse clicking inside the Level II display and selecting the menu item Show Level II.

 

Note: the Level II panel that is displayed only for brokerages that support ECN style FX trading. If your brokerage does not support ECN FX then you will not see this panel on your FX Pro window.

 

 

FXPro_2

 

Column Definitions

Price

The bid or ask price. The bid data is shown in the left section and the ask in the right.

Size

The number of lots at that price level available to buy or sell (represented in short hand notation where K represents 1000)

Time

The last time the bid/ask was refreshed

 

If a price is at a sub pip level, the sub-pip value is displayed as a value after an apostrophe, as in the following example in which the sub-pip value is highlighted in red.

 

Example: 1.4115'5 (The price is at 1.4115 pips plus 5 half pips)

 

Customizing the Number of Price Levels Displayed

By default the Level II display in the FX Pro window will display five rows of market depth, however you can configure the Level II display to show additional rows by following the steps below:

 

1.Right mouse click inside the FX Pro window
2.Select Properties
3.Input the desire number of rows in the Number of price levels field
4.Press OK

 

FXPro_3

 

 

Tip:  Depending on the size of your FX Pro window, the additional rows can potentially extend below the viewable range of the Level 2 display, at which point a scroll bar (1) will appear to allow you to access those levels. You may optionally resize the Level 2 display by clicking on and dragging on the section splitter (2) between the Order Grid and Level 2 display.

tog_minus        Understanding the market display section 

Market Display

The Market Display panel shows the inside bid and ask along with current position information.

 

Market Display Definitions

1.The current spread between the best bid and best ask (the image below is showing a spread of 2.5 pips)
2.Position information
3.The handle of the current bid (current ask is on the right side of the spread)
4.The current bid
5.Tenth-pip value. In the image below, the current bid is 0.9401 and 0/10 of a pip displayed as 0.9401'0
6.Current volume (displayed as 100K when volume is not available)
7.The direction of the last tick (blue up arrow for an uptick, red down arrow for down tick)

 

FXPro_4

 

 

Note:  FX brokerage technologies that do not support an ECN model will NOT display sub pips, nor will bid/ask volume be displayed.

tog_minus        Understanding the action buttons section 

The FX Pro has several buttons which are used to invoke a number of order related actions.

 

FXPro_5

 

BE (Break-even)

Adjusts any open stop orders opposite of your position to the positions average entry price

Close

Closes the current position and cancel any working orders associated to the instrument/account combination.

Buy Bid

Submits a Buy Limit order at the best bid price

Sell

Submits a Sell order based on the current Order Controls configured

Buy

Submits a Buy order based on the current Order Controls configured

Sell Ask

Submits a Sell Limit order at the best ask price

 

Please see the Submitting Orders section for more information on using these buttons.

tog_minus        Understanding the order control section 

Order Entry Controls

The Order Control section of the FX Pro is used to specify several attributes for a pending order to be submitted.

 

FXPro_6

 

Type

Selects the order Type to be submitted

Limit

Sets the order Limit price, if applicable

Stop

Sets the order Stop Price, if applicable

Instrument

Sets the Instrument

TIF

Sets the order Time in Force

Quantity

Sets the order Quantity

Account

Sets the Account

ATM Strategy

Selects the ATM Strategy

tog_minus        Understanding the right click menu 

The FX Pro window has two right click menus, depending on where you click:

 

Right clicking on the FX Pro window itself will bring up menu items specific to the FX Pro
Right clicking in the Order Grid will bring up menu items specific to orders

 

FX Pro Control Right Click Menu

Right clicking on the FX Pro window itself will bring up a number of menu items specific to the FX Pro

 

FXPro_9

 

Auto Close Position

Automatically Closes the current instruments position at a specified time

OCO Order

Enables/Disables the OCO (one cancels other) function for a pending order

Simulated Order

Enables/Disables the Simulated Order functionality for a pending order

Cancel All Orders

Cancels all active orders on the current account

Flatten Everything

Closes all open positions and cancels all open orders on every account associated with NinjaTrader

Show Level II

Enables/Disables the Level II display panel

Always On Top

Sets if the window should be always on top of other windows

Show Tabs

Sets if the window should allow for tabs

Print

Displays Print options

Share

Select to share via your share connections

Properties

Configure the FX Pro window properties

 

Order Grid Control Right Click Menu

Right clicking in an empty grid will bring up a number of general menu items specific to the Order Grid

 

FXPro_7

 

Cancel All Orders

Cancels all active orders on the current account

Export...

Exports the grid contents to "CSV" or "Excel" file format

Find...

Search for a term in the grid

Print

Displays Print options

Share

Select to share via your share connections

Properties

Configure the FX Pro Window's properties

 

By moving your mouse cursor over an order and pressing down on your right mouse button, you will see a context menu listing all individual orders consolidated at the corresponding price and any relevant actions that you can perform on those orders.

 

FXPro_8

 

Cancel order

Cancels the individual order selected

Increase Price

Changes the price of the order +1 tick

Decrease Price

Changes the price of the order -1 tick

Cancel All Orders

Cancels all active orders on the current account