Order Presets

Order presets are convenient for defining default order attributes. Defaults can be defined generically by the type of instrument or specific to an instrument. General order presets can be accessed by choosing Configure -> Order Presets from the Console menu bar.

This dialog has a tab for each type of instrument. Each panel will have the following fields:

  1. Order Type – Default type of order to be placed

  2. Time In Force – Defines the expiration time of the order. Available types will depend on the broker.

  3. Trigger OTH – If checked, the order can be triggered outside of regular trading hours

  4. Offset – Default offset (in pips) from the current price when placing an order

  5. Limit Offset – Default offset (in pips) from the current price when placing a limit order

  6. Stop Offset – Default offset (in pips) from the current price when placing a stop order

  7. Trail Offset – Default offset (in pips) from the current price when placing a trail order

  8. Default Quantity – Default quantity when creating a new order

  9. Increment – Increment (or decrement) size when adjusting the order quantity

  10. Preset Quantities – The quantities in the list box will be available from a drop down menu next to each quantity field. These values are also available from Quantity Selector in the DOM.

If you would like to change the order presets for a specific instrument, edit the instrument (right click on a chart and choose Edit Instrument) and click on the Order Presets button at the bottom of the dialog.

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