The advanced trade panel is a trading tool for all traders. It allows you to set up your order in a fast and easy way with the click of the button or hotkeys. No matter if you are trading breakouts, support/resistance, Fibonacci, or any other strategy. This tool will track your entry price and enter at the exact correct time.
For breakout traders, this trade panel can automatically open a trade when price breakouts of a range or triangle.
If you are a price action, range, or trend trader then it can automatically open a trade when the price bounces of a support/resistance line or simply buy/sell when the previous bar hi/lo gets broken.
and for Fibonacci traders, this trade panel can automatically enter a new order when the price hits a 50% retracement
Quick Order using hotkeys or single-mouse click
The Advanced trade panel allows you to place an order quickly using the buy/sell chart buttons and/or by using hotkeys. You can assign a Hotkey (F1-F12) to place a buy or sell order at the current mouse position. Just press the hotkey and the order is placed at the price of the current mouse position
Another option is to use the buy/sell chart buttons. By pressing one of these buttons a buy/sell line will appear as shown in the screenshot above. Next, you move your mouse to the correct price. The buy/sell line will follow your mouse so no need to select and drag it. When your mouse is at the price you want to place your order then simply click the mouse button (or by pressing ENTER) to place your order.
If you don't want to place an order then simply right click your mouse button (or press DEL) to cancel your order
Auto Buy/Sell when previous bar hi/lo gets broken
Does your strategy require you to enter the market when the previous bar hi/lo gets broken? Then the trade panel is just for you. Simply click the Buy up or Sell down button once your trade is setting up. From there on this trade panel will keep tracking your entry bar by bar and will automatically open the trade when the previous bar hi/lo gets broken.
Auto trade ranges, trend channels/lines, and S&R lines
Do you want to open a trade when the price bounces of a support/resistance line? Then this trade panel will make your life easier. Simply drawing your support/resistance lines and press Buy up or Sell Down. The panel will then start monitoring price and opens a new trade for you the moment it touches your support resistance/ line. we have full support for not only horizontal but also sloping support/resistance lines like trendlines and trend channels
Auto trade breakouts from wedges, triangles, ranges
Are you a break-out trader? Then you know it can take a long time before the price will break out a range of triangle. Do you want to sit in front of the screen just waiting and waiting for the breakout to happen? Our trade panel allows you to define your range by drawing a rectangle or triangle and when done. We'll take it from there
Our trade panel will carefully watch the price action and open a trade the moment it breakout your rectangle or triangle. No more endless waiting in front of the screen or missing trades. It can even use an OCO to cancel out all opposing orders
Specify Offset in ticks for each trade
One small but very handy feature we build into our trade panel is the option to specify an offset (in ticks). For example..as a breakout trader, you might want to open a trade when price breakout of a range/triangle by 4 ticks. Or as a support/resistance trader you might want to front-run your order by 2 ticks. Our trade panel makes this very easy. Just enter the # of ticks you would like to use and let our trade panel worry about the rest.
OCO (One cancels others)
The advanced trade panel allows you to enable the OCO. When enabled any outstanding short orders will be canceled when a long order gets filled (and vice versa). This can be very useful for breakout traders since they can place both short and long orders and when the price breaks out and one of the short/long orders gets filled then the other one will be canceled automatically.
- Quick order placement using hotkeys or a simple mouse click
- Auto trade breakouts, ranges, wedges, and more
- Auto trade touches of S&R lines, trend channels, trend lines, and more
- Supports unlimited number of outstanding orders
- Auto buy/sell when previous bar hi/lo gets broken
- Auto buy/sell when price bounces of a support/resistance line
- Auto buy/sell when price breaks out of a range
- Tracks and trails your entry price
- Supports trendlines, trend channels, rectangles, triangles, horizontal lines, horizontal trend channels, and Fibonacci retracements
- Full support of NinjaTrader ATM
- Specify offset in ticks for each trade entry
- OCO (one cancel others) option
- Works on any market
- Works on any timeframe
- Works for any bar type (e.g. time, volume, tick, Renko, and more)
- small change so the trade panel plays nicely when other indicators also place buttons in the chart trader
- bug fix
- Added Click Buy/Sell Chart feature with hotkeys
- Added OCO feature
- first release