How to place Local Stop loss & Take profit in Quantower?
Sometimes, Broker or Exchange doesn't provide native (or server-side) support for stop orders. In this case, you can place Local SL/TP orders that exist and are managed on the platform side only. Let's find out how to manage them in the Quantower trading platform.
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✔ simultaneous connections to different brokers & data providers
✔ Futures, Stocks, Forex, CFDs, Options, Indices, ETFs trading
✔ 10+ chart types and styles – Time charts, Ticks, Kagi, Renko, P&F, Linebreak, Range, Candles, Bars.
✔ Volume Analysis tools – volume profile, cluster chart (Footprint), bar statistics, volume histogram, historical T&S
✔ VWAP and Custom VWAP (anchor VWAP)
✔ TPO Profile Chart (a.k.a. Market Profile) shows the price distribution during the specified time, thus forming a profile
✔ Options Analytics panel for creating & analyzing Options Strategies and risk profiles.
✔ Order Flow Surface panel shows changes of all limit orders in Order Book, their placing, modifying, canceling and execution. It allows you to see the intentions of large traders regarding the future price, high liquidity price levels.
✔ one-click trading via Chart and DOM panels
✔ various order types – Market, Limit, Stop, etc.
✔ panel for simulating of real-time trading on any trading or quote connectors
✔ creating & trading of Spreads and Synthetic Instruments
✔ manual & automative backtesting of trading strategies
✔ creating algorithmic strategies via Quantower Algo
✔ full customization of trading workspaces, panels, templates
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