Marketscope Chart Userguide

How to Create a Chart

Method #1

  • Go to “Charts” in the menu bar.
  • Then click on “Create MarketShot”. This will enable you to create the chart that you want.
  • Once the “Create MarketShot” box opens, you can choose from the various dropdown menu fields to view the currency chart that you want. ** Keep the “Date to” field unchecked to bring up a real time chart
  • Click on OK and the chart window will then appear.

Method #2

  • Single right-click directly on the currency pair you’d like a chart for from within the Dealing Rates window.
  • Then select “Open Chart” and choose the period (timeframe) for which you’d like the chart created; chart window will then appear.

Create MarketShot

Chart Functions

All settings and charting functionality (including technical indicators) are available via the menu buttons near the top of the chart window or the shortcut menu accessed via single right-click anywhere within a blank area of the chart.

PLACING ORDERS

To Open a Position

Create Market Order menuRight-click Method

  • Market Order – single right-click anywhere within the chart window then select “Create Market Order”; market order window will then appear
  • Entry Order – single right-click anywhere within the chart window then select “Create Entry Order”; entry order window will then appear

Price Axis Method

  • Market OrderMarket Order – single left-click directly on the current market price showing in the price axis (right-hand margin); market order window will then appear

 

  • Entry OrderEntry Order – single left-click directly on any price other than current market price in the price axis (right-hand margin); entry order window will then appear
Attaching Stops/Limits to Entry Orders

Right-click Method

  • Single right-click on label or order line attached to the entry order
  • Select “Add Stop Order”, “Add Limit Order” or “Remove Entry Order” respectively depending on which you are trying to accomplish
  • Order window will then appear

Charts Label

Click & Drag Method

  • Hold the <Ctrl> key down while clicking/dragging the entry order line
  • Depending on the type of entry order (long or short) and to which side of the order line you drag, you will create a stop/limit order respectively attached to the pending order (stop/limit will appear within Orders window of Trading Station)

* Single left-clicking directly on the entry order Label or Order Line will open a “Remove Order” confirmation window.
** You can also adjust the price of a pending entry order by Clicking & Dragging the Entry Order line to the desired price level. A confirmation window will appear after releasing the mouse button at the new price level.

Setting Stops/Limits on Open Positions

Add Stop OrderRight-click Method

  • Single right-click on label or order line attached to the open position
  • Select “Add Stop Order” or “Add Limit Order” respectively depending on which you are trying to place
  • Order window will then appear

Click & Drag Method

  • Hold the <Ctrl> key down while clicking/dragging the open position line
  • Depending on the type of position (long or short) and to which side of the position line you drag, you will create a stop/limit order respectively attached to the open position (stop/limit will appear within Orders window of Trading Station)
Adjusting Stop/Limit on Open Positions

Change stop orderTo Change Stop

  • Single right-click on label or order line attached to the Stop order
  • Select “Change Stop” or “Remove Stop” respectively depending on which you are trying to change/remove
  • Confirmation window will then appear

Change Limit OrderTo Change Limit

  • Single right-click on label or order line attached to the Limit order
  • Select “Change Limit” or “Remove Limit” respectively depending on which you are trying to change/remove
  • Confirmation window will then appear

* Single left-clicking directly on the stop/limit Label or Order Line will open a “Stop Order” or “Limit Order” window that also provides a way to adjust or remove the order.
** You can also adjust the price of a position’s stop/limit order by Clicking & Dragging the Stop/Limit Order line to the desired price level. A confirmation window will appear after releasing the mouse button at the new price level.

Closing an Open Position

Close PositionA position can be closed at the current market price by simply single left-clicking directly on the Label or Position line attached to the open position. A “Close Position(s)” confirmation window will then appear.

 

 

Applying Technical Indicators & Objects
  • Chart ElementsSingle right-click anywhere within a blank area of the chart to open shortcut menu
  • Then select “Chart Elements” or “Add Indicator” respectively depending on which you’d like to apply to the chart

Chart Elements contains items like drawing lines, Fibonacci levels and pivot points. Add Indicator will open the “Indicator Wizard” window from which you can select and apply various technical studies onto the chart.

The following chart elements are directly accessible via buttons in the menu bar (near the top of the chart window):

  • Add Line
  • Eraser (for removing chart elements from chart)
  • Fibonacci Levels
  • Pivot Points
  • Add Label (for adding text notations to the chart)

Additionally, Add and Remove Indicator buttons are also available for direct access in the menu bar.




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