Order Book

Order Book Settings

General

Order Book settings can be adjusted by click on the Order Book Settings button on the tool bar. This dialog has the following fields:

  • Ticks/Row – Allow you to combine price levels into a single row. Four aggregation options are available:

    • Up – Rows are collected up to the next price level

    • Down – Rows are collected down to the next price level

    • Offer Up/Bid Down – Offer rows are collected up, Bid rows are collected down

    • Round – Rows are rounded to the nearest price level.

  • Rows – Number of rows to display in the Order Book table ( default 1000)

  • Row Height – Set the height for the rows. Row height can also be configured by holding down the Ctrl/command key while scrolling your mouse wheel.

  • Font Defines the font style for the Order Book.

  • Price Format You can select the format for the price to display in full format or limit to x amounts of last digits

  • Row Color Defines the row color for the Order Book.

  • Time In Force – Effective time for the order. Day orders will expire at the end of the day. GTC orders last until they are cancelled (Good Till Cancelled). The options available in this field will vary depending on the broker.

  • Update Interval (ms) – Sets the update threshold for depth of market updates (bid/ask quantities). By default, the table will be updated a maximum of once every 100 milliseconds.

  • Location – Selects the location of the Order Book. Options are right or left of the chart.

  • Exit Attach – When using an exit strategy and click Attach (paper clip button) to attach an exit strategy to an existing position. You can attach based on average entry price or the last price.

    • Entry Price – Average Entry Price for the Position. this is the same as the average fill price for an entry order.

    • Last Price – Last traded price

  • Horz Lines – Displays and configures color and size of horizontal lines on the Order Book table.

  • Vert Lines – Displays and configures color and size of vertical lines on the Order Book table.

  • Show Header – Displays the header row.

  • Show Totals – Displays the totals bar at the bottom of the table

  • Striped Rows – Adds horizontal bands on every other rows to create striped effects on the Order Book.

  • Show Toolbar – Toggles the display of the tool bar at the top of the Order Book panel. If this is disabled, right click on the panel to access the settings option.

  • Show Quantity Selector – toggles the display of the bar that allows you to quickly choose a preset quantity

  • Locked – If the Order Book is locked, you cannot place or modify orders. Uncheck this option if you want to manage orders in the Order Book.

  • Format Volume as Thoundsans(K) or Millions(M) – If enabled, Volume will be displayed with abbreviated values . For example: 1,000 = 1K; 1,000,000 = 1M, etc.

  • Show Order Ticket Window – Display Order Ticket Window

  • Show P/L – Displays the Profit/Loss section to the bottom of the Order Book.

  • Show Vertical Scroll – Displays a vertical scroll on the right of the Order Book.

Cumulative Vol

  • Show Cumulative Volume – Display the Cumulative Volume histogram on the Order Book

    • Bid Color – Select the color for the Bid Cumulative Volume

    • Ask Color – Select the color for the Ask Cumulative Volume

Bid/Ask

  • Bid Price Color – Select the text color for the Bid price.

  • Bid Price Align – Select the text alignment of the Bid price.

  • Ask Price Color – Select the text color for the Ask price.

  • Ask Price Align – Select the text alignment of Ask price.

  • Bid Size Fill – Select the background color for the Bid Size column.

  • Bid Size Align – Select the text alignment of the Bid Size column.

  • Ask Size Fill – Select the background color for the Ask Size column.

  • Ask Size Align – Select the text alignment of the Ask Size column.

  • Show Histogram – Enable the histograms in the Bid and Ask Size columns

    • Bid Hist Fill – Select the color for the Bid Size histogram

    • Ask Hist Fill – Select the color for the Ask Size histogram

    • Fixed Max Size – Set the maximum size for the bid/ask columns to a fixed value.

    • Max Scale Size – Set an upper limit on the max bid/ask sizes. Use this to lessen the effects of unusually large bid/ask values.

    • Scale Visible Only – If enabled the scaling will be based on the max values for the visible rows only (instead of all rows)

Market Makers

The Market Makers allow you to color each line according to the market maker/exchange. This feature is available for stocks.

  • Expand Market Makers

    • Show Market Maker Colors

Bottom Panel

The bottom panel in the Order Book can be configured to add and remove buttons including the creating of custom buttons.

  • Show Bottom Panel – Toggles the display of the bottom panel.

  • "+" Icon – Click to add a new item.

  • Pencil Icon – Click here to edit the selected item.

  • X Icon – Delete the selected item.

  • Up/Down Icons – Move the items up or down in the panel.

Exit Strategies

Exit strategies define how a position will be closed using a combination of one or more orders. See Exit Strategies for the details.

  • "+" Icon – Click to add a new item.

  • Pencil Icon – Click here to edit the selected item.

  • Paper Icon – Copy/Duplicate an exit strategy.

  • X Icon – Delete the selected item.

  • Up/Down Icons – Move the items up or down in the panel.

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