MotiveWave Docs
MotiveWave.com
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        • Introduction
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  • Release Notes
    • Release Notes
    • What's New In Version 6.5
    • What's New in Version 6.4
    • What's New in Version 6.3
    • What's New in Version 6.1
    • What's New in Version 6.0
  • Knowledge Base
    • Getting Started
      • Add a Symbol to a Watch List
      • Create a New Page
      • Create a New Workspace
      • Free Data Sources
      • Linux Installation
      • Resize Console Panels
      • Set Up a Simulated Account
      • Does MotiveWave Come With Data?
      • Can MotiveWave Be Used on Multiple Computers?
      • Futures Symbol Table
    • Connection
      • Connection Details
      • Add a Connection to a Workspace
      • Rithmic - Connection Issues and Troubleshooting
      • Connect MotiveWave to R|Trader Pro Gateway
      • GAIN Connection
      • Indian Market Connections
      • Interactive Brokers Connection
        • Troubleshooting Interactive Brokers Connection
        • Historical Data is Slow with Interactive Brokers
      • CQG Symbology
      • TD Ameritrade Search
      • Rithmic Eurex Symbology
      • Computer Sleep Mode
      • IQFeed Data
      • Another Instance of MotiveWave Is Using License Key
    • Workspace
      • Add a Connection to a Workspace
      • Create a New Workspace
      • Create a Workspace Backup
      • Restore a Workspace Backup
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      • Workspaces Not Showing Up
    • Charts
      • Adjust for a Stock Split
      • Assign Trading Hours to an Instrument
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      • Different Charts for the Same Instrument
      • Make Studies Stick to a Chart
      • Trend Lines Don't Line up on Different Bar Sizes
      • Use a Display Mask
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      • Clicking on the Tab of One Chart Changes Tab of Other Charts
      • Charts Stopped Streaming Data
      • Charts Show Incorrect Historical Data
      • Time Range Measurements Are Incorrect
      • Limited Tick Data on Charts
      • Set Start Time for Chart Bars
      • View List of Studies and Components on Chart
      • Show ETH or Extended Data
    • Trading
      • Position Average Is Changing Overnight
      • Execute Trades on Another Account
    • General
      • Change Themes
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      • Reset the Console Layout
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      • Set Up iCloud Mail for Email Alerts
      • MotiveWave Covers Windows Taskbar
      • Limit Instruments in Quick Search
      • Can’t See My Menu Anymore
      • Trade Report Is Incorrect
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      • Component and Study Visibility
      • Order Heatmap Study Not Showing
      • Forex With Volume Related Studies
      • Add a Custom Study
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      • Use Real Values
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      • Show Multiple Elliott Wave Ratios
      • Stacked Wave Labels
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      • What Do the Scanner Results Fair, Good, Etc. Mean?
    • SDK
      • Create a Custom Study or Strategy
    • Optimize - Backtest
      • Backtesting Limitations
    • Support
      • Access Log Files
      • Active Session Exists
      • Create a Workspace Backup
      • Find My License Key and Edition
      • Minimum System Requirements
      • MotiveWave Extensions Directory
      • Uninstall MotiveWave
      • Data Loss
      • Trendlines Shift on Nonlinear Charts
      • Slow Application Performance
    • Error Messages
      • Forex.com - Error Placing Order: 75
      • Binance - Connection Failed: Invalid API Key
      • Binance Futures - Unable to load listen keys
      • IQFeed - Error: Index 1 out of bounds for length 1
      • IQFeed - Connection Failed
      • State Error
      • Error Placing Order(s)
    • Purchase
      • Upgrade from a Lease to a Purchased License
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      • PayPal Payments
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      • Are Updates to the Software Free?
    • FAQ
      • Can I Add Commentary
      • Can I Have a Simulated and a Live Trading Account
      • Can I Have More Than One Broker Account
      • Can I Save My Analysis
      • Can I Trade from the Chart
      • Can I Use MotiveWave on Multiple Computers
      • Does MotiveWave Support macOS
      • Does MotiveWave Support Multiple Computer Screens
      • How Do I Log in to MotiveWave
      • How Do I Make Point & Figure and Hybrid Renko Charts
      • How Do I Position and Size the Chart Windows on a Specific Screen
      • How Do I Save My Charts
      • How Do I Sync MotiveWave Between Two Computers
      • What Instruments Does MotiveWave Support
      • What Is Compact Mode for Chart Windows
      • Where Are the Chart Tools
  • Video Tutorials
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On this page
  • Account Panel
  • Orders Panel
  • Positions Panel
  • Trades Panel
  1. User Guide

Accounts Panel

PreviousCustomizationNextSimulated Account

Last updated 11 months ago

The Account page in the console provides a convenient view of current account information as well as open orders, positions and historical trades. The columns displayed in each section will vary depending on the broker or data service that you chose for your workspace.

This is the default layout for the Account page. You can add these panels anywhere within the Console or Desktop. Simply click on the Add Tab button (Plus Icon) next to the existing tab where you want to add the panel.

Account Panel

The Account panel displays information about each available account in your workspace. The columns displayed will differ depending on the broker that you chose for your workspace. The Unrealized PL column is common to all brokers and displays the current unrealized profit/loss for all positions that belong to each account.

The Default column indicates which account is the default for placing orders. You can change the primary account by right clicking on the desired account and choosing Set As Default Account. This setting is important to avoid accidentally placing orders on the wrong account.

Orders Panel

The Orders panel displays the currently active orders in one convenient location. The Group column indicates orders that are linked as either OCO (One Cancels Other) or OSO (One Submits Other). The Status column displays the current order status (green for active). Click on the ‘C’ to cancel an active order.

Orders can be edited from here directly by clicking on the appropriate table cell (see below). If an order has outstanding changes, the status column will change to show a ‘T’ and a ‘D’. Click on the ‘T’ to transmit (submit) the changes to the broker or on ‘D’ to discard the changes.

Alternatively, right click an order to see additional options. Double clicking on an order will show the Order Ticket dialog.

Positions Panel

The Positions panel shows the currently open positions (and closed for some brokers). Individual positions can be closed (at market price) by clicking on the Close button (right hand side). If you would like to close all positions, right click on a position and choose Close All Positions.

If you have enabled the simulated account, you can add positions manually by clicking the Add Position (Plus Icon) button on the top right corner of the panel. This is a useful feature if you would like to track positions that are managed outside of the broker or data service that you are using. The following diagram shows the Add Position dialog. It has the following fields:

  • Instrument – select the symbol for the instrument

  • Opened Date – This is when the position was originally opened

  • Quantity – Number of shares, contracts etc

  • Avg Price – Average entry price for the position

  • Commission – Optionally enter a commission to track fees.

For some brokers (such as FXCM) they provide a bit more information on position such as the recently closed positions. Specifically for FXCM hedging accounts, a summary tab is included to roll up individual position totals.

Trades Panel

The Trades panel displays historical trades (ie filled orders). Columns displayed on this page will vary depending on the broker chosen for the workspace. Some brokers only report a limited number of historical trades. For this reason, you should rely on the account management tools provided by your broker to ensure accurate reporting of historical trades.

Account Page
Add Account Panel
Accounts Panel
Default Account
Orders Panel
Edit Order
Orders Panel Options
Positions Panel
Add Position Dialog
Open Positions
Summary Positions
Closed Positions
Trades Panel