Chart Context Menu
Last updated
Last updated
Right clicking in the charting area will bring up the chart menu with the following options:
Chart trading with AgenaTrader is both easy and professional. It enables you to submit complete setups from the chart directly to the market with just a mouse click.
To place an order, right click within the chart. This will bring up a context menu with the following functions:
Once submitted, a position will be opened and the trader bars will appear. You will be able to manage your entry order within the chart trader bars.
Even if the AT++ plusplus setup is not activated within the chart, you still can enter an order and accomplish the risk, money, and trade managed strategies. For this purpose AgenaTrader has an ergonomic function that activates the AgenaTrader++ components AT++ Buy or AT++ Sell as soon as an entry order is submitted from the context menu. You may also start AgenaTrader++ by left clicking on the icon within the chart toolbar.
The image below shows how a strategy can be changed and applied to the trade:
AgenaTrader++ setup with multiple entries
AgenaTrader++ allows you to create a setup with multiple entries. Stops and targets will automatically be adjusted when additional limit and/or stop orders are included.
Example 1. Buy limit entries
Example 2. Sell stop entries
Orders submitted within the chart are available in the following modes:
For more detailed information about the order, types see the section: Order buttons: Order types
The "One Click Trading Pad" in AgenaTrader is a small window or tool that allows you to execute positions with just one click, instead of going through multiple steps.
It enables you to set predefined trading parameters, such as trade size and order type (e.g., buy or sell). Once these parameters are set, you can click the button to execute the transaction immediately, without additional confirmations or inputs.
This feature is particularly useful for day traders and other active traders who need to make quick trading decisions and don't want to spend time on manual input and confirmation processes. It can also help reduce human errors since all relevant information can be set in advance, and execution is done with a single click.
You can define the appearance of chart trader bars in the General -> Chart tabs within the Global Configuration. If the option Use ChartTraderBar-Boxes is not enabled, the chart trader bars will be shown as lines on the chart.
The chart trader bar consists of the following components (left to right):
Component name
Function
Cancel box
Allows you to delete or edit an order
Order mode
Allows you to change the order mode
Order type
Strategy selection
Includes available strategies (only if AgenaTrader++ plusplus is started)
Order size
Allows you to input the volume of the order (order size)
Confirmation box
Confirms the proposed order i.e. applies the changes
The chart trader bar can have the following states:
Suggestion: the order is simply a suggestion and can be freely modified:
Move it with a mouse click, changing the price;
Edit the order size, order type and other parameters;
Enter/change the order strategy (only available if AgenaTrader++ is started).
Confirmed:
You can only move a confirmed order bar with the mouse if the option Move Confirmed Order Bars is enabled within the Global Configuration -> General -> Chart menu;
If this option is not enabled, AgenaTrader will protect you from accidentally switching the order;
The color representation of the chart trader bar shows whether it is a buy order (green) or a sell order (red).
Confirmed suggestion order:
Left click on the cancel box in order to edit the confirmed orders;
The color will turn a lighter shade of red/green;
Change the order size and order strategy (only available if AgenaTrader++ is started). Please note that the order type and order mode cannot be edited;
Clicking on the confirmation box will apply the changes to the current order.
Displaying risk/profit of the stop and target orders in the AgenaTrader++ setup If AgenaTrader++ plusplus is activated, you will see potential profits or losses that may occur once an order is executed. These values are displayed next to the chart trader bars for the corresponding stop and target orders. Although estimations are quite accurate, minor differences may still arise due to slippage.
Left click on the position bar to choose between the following display modes:
Amount: Absolute amount in P&L currency
%: percentage of the account size
Risk: Risk multiples
Ticks
If you place a StopLimit order, the chart trader bar will display an additional field. Inside this field you can enter either a fixed limit price or deviation from the stop price.
Example 1.Fixed limit price Question: What happens when you move the chart trader bar? Answer: The limit price will not change, neither in the corresponding field of the chart trader bar, nor in the Trading Information: Order Manager.
Example 2.Deviation from the stop price
The following inputs are possible: "0" - the limit price is equal to the stop price "+/-x" - the limit price is equal to the stop price +/- x (x is the minimum tick size and defines the difference between stop price and limit price).
Question: What happens when you move the chart trader bar? Answer: The value within the chart trader bar will not change. The limit price in the Trading Information: Order Manager will be adjusted to the stop price according to the entry.
You can create complex order groups within AgenaTrader.
The following possibilities are available:
OCO (One cancels Other): once any order of a group is executed, the other orders belonging to this group will be deleted.
IfDone: once any order of a group is executed, other orders belonging to this group will be submitted.
ORO (One reduces Other): once any order of a group is executed, the size of the second order in this group will be reduced by the order volume of the first order.
The before-mentioned methods of linking the orders to each other are especially practical for users who only have the basic version of AgenaTrader. More advanced versions of AgenaTrader perform this complex function automatically by means of the Setup Builder. However, there are no limits on traders using order grouping in their own strategies (especially OCO orders for breakouts).
To create an OCO group:
Submit two orders to the market,
then pressing and holding the CTRL button, click on the first order and then the second order.
You can link confirmed as well as unconfirmed orders to each other. The OCO connection line will be displayed in red.
The image below depicts two confirmed orders connected as an OCO group. The upper trade is a stop buy order and the lower is a stop sell order. The idea is that you will trade in the direction in which the price moves first (e.g. breakouts). If one order is executed, the other order will be deleted automatically.
Two successive numbers in the OCO column of the Order Manager show the connection between orders.
To create an IfDone group:
Submit two orders to the market,
then pressing and holding the ALT button, click on the first order and then the second order.
You can link confirmed as well as unconfirmed orders to each other. The IfDone connection line will be displayed in green.
The image below depicts two confirmed orders connected as an IfDone group. The trade in the middle is a confirmed stop sell order (entry order) and the other two are unconfirmed stop and target orders. If the entry order is executed, the stop and target orders will be activated automatically. In this example the stop and target orders are also linked to each other via OCO-connection.
Three successive numbers in the IfDone column of the Order Manager show the connection between orders.
To create an ORO group:
Submit an order to the market,
then pressing and holding the CTRL and Alt buttons, click on the first order and then the second order.
The idea behind an ORO is to connect a stop order with a target order in case you have multiple targets being executed separately. The ORO connection line will be displayed in blue.
The image below depicts a stop-buy setup with one stop and two targets. There are four orders with three IfDone connections (once the entry order is executed, the stop and the targets will be submitted to the market). The stop order and the first target order create an ORO group. This means that the stop order will be reduced by the order volume of the partial execution (first target). If the ORO connection is not created, the stop order will move in the opposite direction after the execution of the first target, since the stop order size is not reduced. Additionally, the stop order is connected to the second target order via OCO, which implies that the execution of one of the two orders will exit the trade.
You also have the possibility of submitting the second target order to the market only after the first target order has been executed, using an If-Done connection. This connection between targets makes sense if you prefer not to reveal the real order volume for as long as possible.
What happens if only the stop (and not the first target) is reached? In this case, the ORO connection will cause the first target order to be deleted, since the order size will be reduced and will become negative (- 5000). The second target order will be deleted due to the OCO-connection.
Two successive numbers in the ORO column within the Order Manager show the connection between orders.
If you have similar setups for two different instruments but only wish to submit one trade, you can create an OCO group for these orders. If the entry order for one instrument is submitted earlier than the other entry order, the latter is automatically deleted. Nevertheless, unconfirmed stop and target orders must be deleted manually (although these have no impact on trades). If AgenaTrader++ is running, these stop and target orders will be deleted automatically.
The entry orders cannot be connected on the chart itself, therefore you must create an OCO group within the OrderManager in the following way:
Mark both entry orders,
Right click in the Order Manager tab to open the context menu,
Select the Create OCO Group menu option.
Positions and orders are displayed in a visual manner with the cancel box, unrealized profit/loss, strategy and position size on the chart.
Name
Description
Icon
Cancel box
Closes the position immediately
Profit/loss
Strategy
Contains the name of the selected trading strategy
Position size
Shows the volume of the position and the number of underlying buy (or sell) orders. The position size can be changed any time.
Edit Trade (Trade Expires at)
Should an order neither be touched nor activated then it can be edited and replaced:
Function
Description
Order General Options
The order size can be changed as well as the option "Out RTH" (out regular trading hours) can be selected.
Order Expiry
Allows to select between the options: Good till Cancel (GTC), Good till Date (Gtd) and Day.
Order type options
Allows to select order types and change a Stop or Limit price.
Name
Allows to select from the drop-down list available strategies in Setup Builder.
If the order has been activated some functions will not be available anymore:
The position price is not adjustable due to the fact that it is based on the average price of the underlying buy (or sell) orders. This means that it cannot be affected by adding new sell (or buy) orders.
Due to unforeseen circumstances, the chart may sometimes display incorrect data (missing prints etc.).
In this case it is necessary to reload data series from your data feed provider's server by doing the following:
Right click to open the context menu
Select the Reload Data menu option.
This function allows you to recalculate all indicators. Right click on the chart and select the Reload Scripts menu item from the context menu.
Watch the short video in the Chart Context Menu: Reload data section for further information.
The sound-based price alert can be added in the Price alerts manager tab by doing one of the following:
Right click in the charting area to bring up the context menu, then select the Add Price Alert menu item.
Select Tools from the main menu followed by the Alerts -> Price alert.
Specific settings can also be called up by clicking the symbol (marked below) next to the cancel box.
Next, select the sound for the price alert from the drop-down list:
If you click on Choose other... the sound library window will open:
If the market price reaches the price entered in the price alert, the specified sound will be heard. To program an e-mail to be sent when the price alert is activated:
You can set this up under the Global Configuration or
Make the changes individually in the Price alert tab by right clicking the required price alert and selecting Edit Alert.
Price alerts can be managed within the Price alert manager. Example 1.Deleting orders with a price alert (OCO orders created by holding the CTRL button).
Example 2.Activating orders with a price alert (IfDone orders created by holding the Alt button).
Take a look at this further example with dynamic orders and read more information about order combinations in the Order groups (connections) section.
Important! To make price alert visible on a chart please activate Show Price Alert Lines. Details on page Chart Toolbar: Price markers and spread markers
You can add an indicator alert by doing one of the following:
Right click in the charting area to bring up the chart context menu, then select the Add Indicator Alert menu item
Select the Alerts -> Indicator Alert menu option from the Tools main menu.
This functionality allows you to set an alert that will inform you when a particular indicator crosses the specified price level.
Click the symbol marked on the image below to bring up the specific settings window.
Then select the sound directly from the price box drop-down list:
If you click on Choose other... the sound collection window will be opened:
As soon as the defined price is crossed by an indicator you will hear the selected sound once.
If you wish to be informed about the triggered indicator alert via email, you can enable this:
By right clicking on the desired price alert in the Price alert tab. Select the Edit Alert menu item within the context menu (individual setting).
Settings can be accessed by right clicking in the charting area.
Icon
Name
Edit indicator's parameters (see decription below)
Edit indicator (see decription below)
Remove indicator (see decription below)
In order to activate the options Edit indicator's parameters, Edit indicator and Remove indicator left click on the indicator name displayed on the chart and then right click in the charting area to bring up the context menu.
allows you to change the
shows the current profit or loss of the position (estimated but not yet realized). If you left click in this field, you will see the following display options in the drop-down list: Amount; Percent; Risks (AgenaTrader++); Ticks Important: Outside market trading hours the ask/bid prices can differ from regular ask/bid prices. This influences the display of the current open P/L. Usually when the markets are open this resolves itself automatically. We do not want to ignore this ask/bid prices since it is possible that the market opens with a gap and this P/L become realized.
As far as an order is executed you can change the expiration date of the trade: