{"id":1452,"date":"2022-01-01T08:07:00","date_gmt":"2022-01-01T08:07:00","guid":{"rendered":"https:\/\/www.overcharts.com\/en\/helpcenter\/?post_type=docs&#038;p=1452"},"modified":"2025-08-13T10:43:05","modified_gmt":"2025-08-13T10:43:05","password":"","slug":"trading-panel","status":"publish","type":"docs","link":"https:\/\/www.overcharts.com\/en\/helpcenter\/docs\/trading-panel\/","title":{"rendered":"Trading Panel"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Trading Panel is a fundamental component for placing orders in Overcharts. Using <strong>Trading Panel<\/strong> you can <strong>set all parameters of the order<\/strong> being placed, <strong>Close<\/strong> or <strong>Reverse<\/strong> the open <em><strong>position<\/strong><\/em>, <strong>cancel working orders<\/strong>, place <strong>Market orders<\/strong> etc.<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">Trading Panel can be horizontal or vertical depending on the window in which it is contained.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Trading Panel on DOM:<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignleft size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"442\" height=\"178\" src=\"https:\/\/www.overcharts.com\/en\/helpcenter\/wp-content\/uploads\/2022\/01\/trading-panel-dom1.png\" alt=\"\" class=\"wp-image-1673\" srcset=\"https:\/\/www.overcharts.com\/en\/helpcenter\/wp-content\/uploads\/2022\/01\/trading-panel-dom1.png 442w, https:\/\/www.overcharts.com\/en\/helpcenter\/wp-content\/uploads\/2022\/01\/trading-panel-dom1-400x161.png 400w\" sizes=\"auto, (max-width: 442px) 100vw, 442px\" \/><\/figure>\n<\/div>\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">Trading Panel on Chart:<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignleft size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"134\" height=\"576\" src=\"https:\/\/www.overcharts.com\/en\/helpcenter\/wp-content\/uploads\/2022\/01\/trading-panel-chart1.png\" alt=\"\" class=\"wp-image-1672\"\/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<div style=\"height:60px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Activate Trading in the Workspace<\/strong><\/h3>\n\n\n\n<p class=\"has-background wp-block-paragraph\" style=\"background-color:#cce9f5\">Trading Panel is enabled ONLY if trading is activated in the Workspace (and chart in case of chart trading)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To place orders you need to activate trading in the Workspace where DOM or Chart is contained.<br>To activate trading, press <strong>TRADING<\/strong> button <em>at the top right of Workspace window<\/em>:<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"388\" height=\"291\" src=\"https:\/\/www.overcharts.com\/en\/helpcenter\/wp-content\/uploads\/2022\/01\/trading-panel-ws1.png\" alt=\"\" class=\"wp-image-1456\"\/><\/figure>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">In Overcharts, each Workspace is an independent environment. If you wish, you can activate trading only on certain Workspaces, thus distinguishing trading workspaces from view-only ones.<\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">For <strong>chart trading<\/strong>, trading must also be enabled in chart window (as well as in the Workspace where the chart is contained).<br>To enable trading in a chart window:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>Right click on chart window<\/em> &gt; <strong><em>Enable Chart Trading<\/em><\/strong><\/li>\n\n\n\n<li>or from <strong><em>Chart Trading<\/em><\/strong> menu at the top right of chart window &gt; <strong><em>Enable Chart Trading<\/em><\/strong><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Trading Panel shows <strong><em>trading status<\/em><\/strong> in the Chart, DOM or Order-Entry where the panel is contained. Status is highlighted in:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>GREEN<\/strong> when trading is <em>enabled<\/em><\/li>\n\n\n\n<li><strong>YELLOW<\/strong> when trading is <em>disabled<\/em><\/li>\n<\/ul>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Order Parameters<\/strong><\/h3>\n\n\n\n<p class=\"has-background wp-block-paragraph\" style=\"background-color:#cce9f5\">To set order parameters you MUST activate Trading in the Workspace (and chart in case of chart trading)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Order main parameters are: <strong>Account<\/strong>, <strong>TIF<\/strong>, <strong>Quantity<\/strong> and <strong>Order Type<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Account<\/strong>: Defines on which account to place the order (to be used when you can access several accounts from the same connection). <em>Account list is only available when you are connected to the broker<\/em>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>TIF (<em>Time In Force<\/em>)<\/strong>: Defines how long a working order will remain active waiting to be executed.<br>There are different types of TIFs. Below is the list of the most common:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>DAY<\/strong>: order valid for the day\/session only<\/li>\n\n\n\n<li><strong>GTD<\/strong> (<em>Good Till Date<\/em>): order valid up to a specific date (to be defined in the additional TIF settings)<\/li>\n\n\n\n<li><strong>GTC<\/strong> (<em>Good Till Cancelled<\/em>): order valid until cancelled<\/li>\n\n\n\n<li><strong>FOK<\/strong> (<em>Fill Or Kill<\/em>): order must be immediately and completely filled or canceled<\/li>\n\n\n\n<li><strong>IOC<\/strong> (<em>Immediate Or Cancel<\/em>): order must be executed immediately, and any portion of the order that cannot be immediately filled is cancelled<\/li>\n\n\n\n<li><strong>AON<\/strong> (<em>All Or None<\/em>): order is completely filled or cancelled, never partially filled.<\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">There are other less important TIFs, or available depending on broker\/data feed.<\/p>\n<\/blockquote>\n\n\n\n<p class=\"has-background wp-block-paragraph\" style=\"background-color:#fff36b\"><strong><em>NOT all TIFs are available on all brokers\/data-feeds.<\/em><\/strong> Often rules by which the various TIFs can be used also change. Ask your broker\/data-feed if you have any doubts about the available TIFs, their use and what instruments or order-types they can be used with.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If &#8216;<em>TIF + Order Type<\/em>&#8216; combination allows it, you can also define the order release and\/or cancellation date\/time.<br>To set a release and\/or cancellation date\/time:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Select the TIF<\/li>\n\n\n\n<li>Press <em><strong>gear button<\/strong><\/em> to the right of TIF &gt; Set the release and\/or cancellation date\/time<\/li>\n<\/ol>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"273\" height=\"223\" src=\"https:\/\/www.overcharts.com\/en\/helpcenter\/wp-content\/uploads\/2022\/01\/trading-panel-tif1.png\" alt=\"\" class=\"wp-image-1460\"\/><\/figure>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Qty<\/strong>: Defines order quantity. It is usually represented by an integer. For some instruments (<em>CFDs<\/em> or <em>Crypto Currencies<\/em>) it can also be decimal.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Order Type<\/strong>: In Overcharts there are 2 macro categories of orders: <strong>LIMIT ORDERS<\/strong> (which include limit, iceberg, market if touched etc. orders) and <strong>STOP ORDERS<\/strong> (which include stop, stop limit, trailing stop, trailing stop limit etc. orders).<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><strong>LIMIT<\/strong> orders are ALWAYS associated with mouse <em><strong>LEFT click<\/strong><\/em>, while <strong>STOP<\/strong> orders are ALWAYS associated with mouse <strong><em>RIGHT click<\/em><\/strong>.<\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">Set order type corresponding to the mouse left and\/or right click according to the order to be placed. For example, to place a LIMIT order, select &#8216;LMT [Limit]&#8217; order type in the combo-box associated with mouse left click. To place a STOP order, select &#8216;STP [Stop]&#8217; order type in the combo-box associated with mouse right click.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">Available order types may change depending on data-feed<\/p>\n<\/blockquote>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Main Order Types and their Additional Parameters<\/strong><\/h4>\n\n\n\n<p class=\"has-background wp-block-paragraph\" style=\"background-color:#fff36b\">Available order types and their additional configuration properties may change depending on data-feed<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Some order types have additional properties. To set these properties:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Select the order type in the combo-box<\/li>\n\n\n\n<li>Press <strong><em>gear button<\/em><\/strong> to the right of Order-Type &gt; Set the parameters<\/li>\n<\/ol>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">Order types that can be associated with mouse <strong>LEFT click<\/strong>:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>MKT<\/strong> &#8211; <strong><em>Market<\/em><\/strong>: <em>&#8216;at market&#8217;<\/em> order. The order is executed immediately at current Bid price (sell order) or at current Ask price (buy order). <em>Execution price can even be worse than the best Bid\/Ask price!<\/em> In a market order, execution price is never predefined, but always depends on quantity available on book.<\/li>\n\n\n\n<li><strong>LMT<\/strong> &#8211; <em><strong>Limit<\/strong><\/em>: order is executed when set price level is reached.<\/li>\n\n\n\n<li><strong>ICE<\/strong> &#8211; <em><strong>Iceberg<\/strong><\/em>: special limit order where total order quantity is exposed in small tranches on the market. Tranche size is defined in the additional properties &gt; gear button to the right of order-type.<\/li>\n\n\n\n<li><strong>MIT<\/strong> &#8211; <em><strong>Market If Touched<\/strong><\/em>: order remains on stand-by until the defined price level (trigger) is reached, then placed as a <em>Market<\/em> order.<\/li>\n\n\n\n<li><strong>LIT<\/strong> &#8211; <em><strong>Limit If Touched<\/strong><\/em>: order remains on stand-by until the defined price level (trigger) is reached, then placed as a <em>Limit<\/em> order. Limit price is obtained by adding to the &#8216;trigger&#8217; price an offset defined in the additional properties &gt; gear button to the right of order-type.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Order types that can be associated with mouse <strong>RIGHT click<\/strong>:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>STP<\/strong> &#8211; <strong><em>Stop<\/em><\/strong>: order remains on stand-by until the defined price level (trigger) is reached, then placed as a <em>Market<\/em> order.<\/li>\n\n\n\n<li><strong>SLM<\/strong> &#8211; <strong><em>Stop Limit<\/em><\/strong>: order remains on stand-by until the defined price level (trigger) is reached, then placed as a <em>Limit<\/em> order. Limit price is obtained by adding \/ subtracting to the &#8216;trigger&#8217; price an offset defined in the additional properties &gt; gear button to the right of order-type.<br><strong>Limit Price<\/strong> is then calculated as follows:<br>&gt; <strong>Buy Order<\/strong>: Limit Price = Trigger Price + Offset<br>&gt; <strong>Sell Order<\/strong>: Limit Price = Trigger Price &#8211; Offset<br>Some data feeds (e.g., CQG, Interactive Brokers) allow use of a <strong>negative offset<\/strong> in Limit Price calculation. According to the formulas above, a negative offset leads to:<br>&gt; For a buy order, Limit Price is <strong>lower<\/strong> than Trigger Price.<br>&gt; For a sell order, Limit Price is <strong>higher<\/strong> than Trigger Price.<br>As a result, once Trigger Price is reached, the order becomes a <strong>limit order<\/strong> that is <strong>not executed immediately<\/strong>, but <strong>placed in the book<\/strong> at the specified Limit Price. This setup allows stop orders to act as <strong>conditional orders<\/strong>: when the trigger condition is met, a limit order is submitted at the desired price.<\/li>\n\n\n\n<li><strong>TSP<\/strong> &#8211; <strong><em>Trailing Stop<\/em><\/strong>: order remains on stand-by until the defined price level (trigger) is reached, then placed as a <em>Market<\/em> order. The peculiarity of this order type is to maintain a constant distance from current prices (order &#8216;trigger&#8217; price is changed automatically) in case the market moves &#8216;in favor&#8217;.<\/li>\n\n\n\n<li><strong>TSL<\/strong> &#8211; <strong><em>Trailing Stop Limit<\/em><\/strong>: order remains on stand-by until the defined price level (trigger) is reached, then placed as a <em>Limit<\/em> order. The peculiarity of this order type is to maintain a constant distance from current prices (order &#8216;trigger&#8217; price is changed automatically) in case the market moves &#8216;in favor&#8217;. Current price to &#8216;follow&#8217; is defined in the additional properties. Limit price is obtained by adding \/ subtracting to the &#8216;trigger&#8217; price an offset defined in the additional properties &gt; gear button to the right of order-type.<br><strong>Limit Price<\/strong> is then calculated as follows:<br>&gt; <strong>Buy Order<\/strong>: Limit Price = Trigger Price + Offset<br>&gt; <strong>Sell Order<\/strong>: Limit Price = Trigger Price &#8211; Offset<br>Some data feeds (e.g., CQG, Interactive Brokers) allow use of a <strong>negative offset<\/strong> in Limit Price calculation. According to the formulas above, a negative offset leads to:<br>&gt; For a buy order, Limit Price is <strong>lower<\/strong> than Trigger Price.<br>&gt; For a sell order, Limit Price is <strong>higher<\/strong> than Trigger Price.<br>As a result, once Trigger Price is reached, the order becomes a <strong>limit order<\/strong> that is <strong>not executed immediately<\/strong>, but <strong>placed in the book<\/strong> at the specified Limit Price. This setup allows stop orders to act as <strong>conditional orders<\/strong>: when the trigger condition is met, a limit order is submitted at the desired price.<\/li>\n<\/ul>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-background wp-block-paragraph\" style=\"background-color:#cce9f5\">If you are not very experienced, we recommend you do some research on the Internet to learn more about order types. This is general information and is available everywhere<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Single Order or Complex Strategy<\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Define, using appropriate combo-box, if the order being placed is a <em>Single<\/em>, <em>OCO<\/em>, <em>OSO<\/em> or <em>BRACKET<\/em> order.<\/p>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Single<\/strong>: order being placed is a single order corresponding to the selected order type.<\/p>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>OCO<\/strong> (<em>One Cancels Other<\/em>): is a complex strategy which consists of placing two distinct but linked orders. When <strong>one<\/strong> is <strong><em>filled<\/em><\/strong>, the <strong>other<\/strong> is automatically <strong><em>cancelled<\/em><\/strong>.<\/p>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>OSO<\/strong> (<em>Order Sends Order<\/em>): is a complex strategy which consists in placing two distinct orders linked together in a Master\/Slave way:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>first order<\/strong> placed is the <strong><em>main<\/em><\/strong> order<\/li>\n\n\n\n<li>Main order is <strong><em>immediately placed on market<\/em><\/strong> (unless special conditions defined in the TIF)<\/li>\n\n\n\n<li><strong><em>Secondary<\/em><\/strong> order is NOT placed on market, but <strong><em>held in stand-by<\/em><\/strong> by broker\/data-feed.<\/li>\n\n\n\n<li>ONLY after the execution of <strong><em>main<\/em><\/strong> order, <strong><em>secondary<\/em><\/strong> is <strong><em>placed<\/em><\/strong> on market.<\/li>\n<\/ul>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>BRACKET<\/strong>: is a complex strategy which consists of placing one or more <strong><em>Profit-Target<\/em><\/strong> and\/or <strong><em>Stop-Loss<\/em><\/strong> orders simultaneously with the main order:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>For each bracket you can insert <strong><em>up to<\/em><\/strong> a maximum of <strong><em>3 Profit-Targets<\/em><\/strong> and <strong><em>3 Stop-Losses<\/em><\/strong>. However, <strong><em>maximum number depends on data-feed used<\/em><\/strong>. Some data feeds (e.g., CQG), while natively supporting only a single Target\/Stop-Loss level, still allow multi-level management. To enable the placement of multiple Target\/Stop-Loss levels, multiple Bracket orders are sent, each with a single Target and Stop-Loss level.<\/li>\n\n\n\n<li><strong><em>Profit-Target<\/em><\/strong> and <em><strong>Stop-Loss<\/strong><\/em> orders are kept in stand-by by broker\/data-feed and <strong><em>placed ONLY after the execution of main order<\/em><\/strong>.<\/li>\n<\/ul>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>NOTE<\/strong>:<br>If main order of a Bracket is a Stop-Limit (SLM) or Trailing-Stop-Limit (TSL):<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>If <strong>offset<\/strong> used to calculate Limit Price is <strong>positive<\/strong>, <strong>Trigger Price<\/strong> will be used as reference for placing Stop-Loss and Profit-Target.<\/li>\n\n\n\n<li>If <strong>offset<\/strong> is <strong>negative<\/strong>, <strong>Limit Price<\/strong> will be used as reference for placing Stop-Loss and Profit-Target.<\/li>\n<\/ul>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Position<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">In the Trading Panel there is a section containing information on current position of instrument\/account, and in particular:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>if position is <strong>FLAT<\/strong> (closed)<\/li>\n\n\n\n<li>if open and <strong>LONG<\/strong>  &gt;&gt; border of section containing position information is colored with the color (defined in trading settings) that identifies a LONG position<\/li>\n\n\n\n<li>if open and <strong>SHORT<\/strong> &gt;&gt; border of section containing position information is colored with the color (defined in trading settings) that identifies a SHORT position<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">When the position is open, information on <strong><em>Quantity<\/em><\/strong>, <strong><em>Average Price<\/em><\/strong> and <strong><em>Profit\/Loss<\/em><\/strong> is also shown. You can choose which information to show by setting <strong>Position Label Format<\/strong> property in the relevant trading configuration of DOM, Chart Trading and Order-Entry.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Furthermore, background of rectangle containing position information turns Green or Red depending on current Profit\/Loss:<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"130\" height=\"96\" src=\"https:\/\/www.overcharts.com\/en\/helpcenter\/wp-content\/uploads\/2022\/01\/trading-panel-position1.png\" alt=\"\" class=\"wp-image-1459\"\/><\/figure>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">You can <strong>close<\/strong> or <strong>reverse<\/strong> current <strong>position<\/strong> by pressing <strong>CLOSE<\/strong> or <strong>REV<\/strong> button respectively. Both functions FIRST perform the cancellation of ALL placed orders of the instrument+account. <strong>The <em>Market<\/em> order that closes or reverses the position is placed only when ALL orders have been cancelled<\/strong>. In other words, all orders need to be cancelled before closing the position. This is due to various reasons including to avoid the lack of margin required for placing the <em>Market<\/em> close\/reverse order.<\/p>\n<\/blockquote>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Breakeven Button<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Breakeven button allows you to quickly place\/modify a Breakeven order, that is a STOP-MARKET order with trigger price equal to the average price of current OPEN Position +\/- an Offset in Ticks, Points or Currency.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In other words, the breakeven is used to close a position <strong><em>avoiding losses<\/em><\/strong> in the event that, after having been virtually profitable, the market changes direction.<\/p>\n\n\n\n<p class=\"has-background wp-block-paragraph\" style=\"background-color:#fff36b\">Breakeven button is enabled and visible only if trading is enabled in the workspace\/chart, the position is open and your data-feed allows it<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>How to use it:<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">1. Open a position (LONG or SHORT) on the instrument<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">2. Click on gear icon on the right of the breakeven button and set the offset that the breakeven must have with respect to the posizione average price<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">3. <strong>If position is LONG<\/strong>, wait for current prices to go beyond the threshold defined for breakeven order (position-average-price plus offset), then press Breakeven button to place a new <strong><em>STOP-MARKET sell order<\/em><\/strong> with quantity equal to the position quantity. If there are already one or more STOP-MARKET sell orders, and total sum of their quantities is equal to the position quantity, breakeven button will move existing orders to the breakeven price, otherwise an error message will be displayed.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>If position is SHORT<\/strong>, wait for current prices to fall below the threshold defined for breakeven order (position-average-price minus offset), then press Breakeven button to place a new <strong><em>STOP-MARKET buy order<\/em><\/strong> with quantity equal to the position quantity. If there are already one or more STOP-MARKET buy orders, and total sum of their quantities is equal to the position quantity, breakeven button will move existing orders to the breakeven price, otherwise an error message will be displayed.<\/p>\n\n\n\n<p class=\"has-background wp-block-paragraph\" style=\"background-color:#cce9f5\"><strong><em>ONLY orders actually placed in the market and awaiting execution contribute to the quantity counting to determine whether to place a new breakeven order or modify the existing STOP-MARKET orders.<\/em><\/strong><br>We recommend you understand very well how breakeven works by using a demo account to avoid unexpected new orders or changes.<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Quick buttons for order entry<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">To place <strong><em>Market<\/em><\/strong> orders you can also use <strong>BUY-MKT<\/strong> or <strong>SELL-MKT<\/strong> buttons.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To place <strong><em>Limit<\/em><\/strong> orders directly on <strong>best Bid<\/strong> or <strong>Ask<\/strong> prices you can use <strong>BUY-ASK<\/strong>, <strong>SELL-BID<\/strong>, <strong>BUY-BID<\/strong>, <strong>SELL-ASK<\/strong> buttons.<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Order Cancellation<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">To cancel <strong><em>ALL<\/em><\/strong> orders for a specific instrument\/account or only <em><strong>BUY<\/strong><\/em> or <strong><em>SELL<\/em><\/strong> orders you can use <strong>CANCEL ALL<\/strong>, <strong>CANCEL BUYs<\/strong> and <strong>CANCEL SELLs<\/strong> buttons respectively.<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Hot Keys<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">In Overcharts you have a series of Hot-Keys (key combinations) to place or cancel orders, close or reverse the position, etc.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Before using Hot-Keys in trading, we recommend you carefully read the <strong><a href=\"https:\/\/www.overcharts.com\/en\/helpcenter\/docs\/hot-keys\/\" target=\"_blank\" rel=\"noreferrer noopener\">complete Hot-Keys documentation<\/a><\/strong>.<\/p>\n\n\n\n<p class=\"has-background wp-block-paragraph\" style=\"background-color:#fff36b\"><strong>To use Trading Hot-Keys, you need to enable Hot-Keys also in the Trading Panel by pressing &#8216;keyboard&#8217; button:<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"369\" height=\"303\" src=\"https:\/\/www.overcharts.com\/en\/helpcenter\/wp-content\/uploads\/2022\/10\/hotkeys-trading-panel1.png\" alt=\"\" class=\"wp-image-2052\"\/><\/figure>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"498\" height=\"286\" src=\"https:\/\/www.overcharts.com\/en\/helpcenter\/wp-content\/uploads\/2022\/10\/hotkeys-trading-panel2.png\" alt=\"\" class=\"wp-image-2053\" srcset=\"https:\/\/www.overcharts.com\/en\/helpcenter\/wp-content\/uploads\/2022\/10\/hotkeys-trading-panel2.png 498w, https:\/\/www.overcharts.com\/en\/helpcenter\/wp-content\/uploads\/2022\/10\/hotkeys-trading-panel2-400x230.png 400w\" sizes=\"auto, (max-width: 498px) 100vw, 498px\" \/><\/figure>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Templates<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">You can quickly set all trading panel properties using a previously saved template.<\/p>\n\n\n\n<p class=\"has-background wp-block-paragraph\" style=\"background-color:#cce9f5\">Trading Panel settings change according to workspace type and data-feed. For this reason, trading panel templates are divided by <strong><em>Workspace Type<\/em><\/strong> + <strong><em>Data-Feed<\/em><\/strong>. In other words, if you save a template from a REGULAR workspace, you cannot apply it to a trading panel in a SIMULATOR workspace, or if you save a template from a trading panel connected to a data-feed, you CANNOT apply it to a trading panel connected to a different data-feed.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">Templates allow you to configure the trading panel in seconds.<\/p>\n<\/blockquote>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"134\" height=\"305\" src=\"https:\/\/www.overcharts.com\/en\/helpcenter\/wp-content\/uploads\/2022\/01\/trading-panel-chart-tempate1.png\" alt=\"\" class=\"wp-image-2511\"\/><\/figure>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"0-toc-title\"><strong>Save a Template<\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">To save a template, follow these steps:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>1<\/strong>. Press <strong><em>Template<\/em><\/strong> button on trading panel &gt; <em><strong>Save as<\/strong><\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>2<\/strong>. You can decide whether to create a new template by defining its name or overwriting an existing one<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>3<\/strong>. Press <strong>OK<\/strong><\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"1-toc-title\"><strong>Apply a Template<\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">To apply a template to the trading panel, follow these steps:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>1<\/strong>. Press <strong><em>Template<\/em><\/strong> button on trading panel &gt; <strong><em>Apply<\/em><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>2<\/strong>. Select the template and press <strong>OK<\/strong><\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"2-toc-title\"><strong>Manage your Templates<\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">From Template Manager window, you can:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Rename<\/strong> or <strong>Delete<\/strong> a template.<\/li>\n\n\n\n<li><strong><a href=\"https:\/\/www.overcharts.com\/en\/helpcenter\/docs\/template-import-export\/\" target=\"_blank\" rel=\"noreferrer noopener\">Import \/ Export<\/a><\/strong> a template.<\/li>\n<\/ul>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">To access the template manager window, press <strong><em>Template<\/em><\/strong> button &gt; <strong><em>Manage<\/em><\/strong>.<\/p>\n\n\n\n<div style=\"height:60px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Trading Panel is a fundamental component for placing orders in Overcharts. Using Trading Panel you can set all parameters of the order being placed, Close or Reverse the open position, cancel working orders, place Market orders etc. Trading Panel can be horizontal or vertical depending on the window in which it is contained. Trading Panel [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"doc_category":[12],"doc_tag":[],"class_list":["post-1452","docs","type-docs","status-publish","hentry","doc_category-trading"],"year_month":"2026-10","word_count":2532,"total_views":"13","reactions":{"happy":"0","normal":"0","sad":"0"},"author_info":{"name":"Overcharts Team","author_nicename":"overadmin","author_url":"https:\/\/www.overcharts.com\/en\/helpcenter\/author\/overadmin\/"},"doc_category_info":[{"term_name":"Trading","term_url":"https:\/\/www.overcharts.com\/en\/helpcenter\/docs-category\/trading\/"}],"doc_tag_info":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\r\n<title>Trading Panel - Overcharts Help Center<\/title>\r\n<meta name=\"description\" content=\"Use trading panel to set parameters of the order being placed or to close and\/or reverse current position.\" \/>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.overcharts.com\/en\/helpcenter\/docs\/trading-panel\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Trading Panel - Overcharts Help Center\" \/>\r\n<meta property=\"og:description\" content=\"Use trading panel to set parameters of the order being placed or to close and\/or reverse current position.\" \/>\r\n<meta property=\"og:url\" content=\"https:\/\/www.overcharts.com\/en\/helpcenter\/docs\/trading-panel\/\" \/>\r\n<meta property=\"og:site_name\" content=\"Overcharts Help Center\" \/>\r\n<meta property=\"article:modified_time\" content=\"2025-08-13T10:43:05+00:00\" \/>\r\n<meta property=\"og:image\" content=\"https:\/\/www.overcharts.com\/en\/helpcenter\/wp-content\/uploads\/2022\/01\/trading-panel-dom1.png\" \/>\r\n\t<meta property=\"og:image:width\" content=\"442\" \/>\r\n\t<meta property=\"og:image:height\" content=\"178\" \/>\r\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\r\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\r\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"12 minutes\" \/>\r\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.overcharts.com\\\/en\\\/helpcenter\\\/docs\\\/trading-panel\\\/\",\"url\":\"https:\\\/\\\/www.overcharts.com\\\/en\\\/helpcenter\\\/docs\\\/trading-panel\\\/\",\"name\":\"Trading Panel - Overcharts Help Center\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.overcharts.com\\\/en\\\/helpcenter\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.overcharts.com\\\/en\\\/helpcenter\\\/docs\\\/trading-panel\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.overcharts.com\\\/en\\\/helpcenter\\\/docs\\\/trading-panel\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.overcharts.com\\\/en\\\/helpcenter\\\/wp-content\\\/uploads\\\/2022\\\/01\\\/trading-panel-dom1.png\",\"datePublished\":\"2022-01-01T08:07:00+00:00\",\"dateModified\":\"2025-08-13T10:43:05+00:00\",\"description\":\"Use trading panel to set parameters of the order being placed or to close and\\\/or reverse current position.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.overcharts.com\\\/en\\\/helpcenter\\\/docs\\\/trading-panel\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.overcharts.com\\\/en\\\/helpcenter\\\/docs\\\/trading-panel\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.overcharts.com\\\/en\\\/helpcenter\\\/docs\\\/trading-panel\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.overcharts.com\\\/en\\\/helpcenter\\\/wp-content\\\/uploads\\\/2022\\\/01\\\/trading-panel-dom1.png\",\"contentUrl\":\"https:\\\/\\\/www.overcharts.com\\\/en\\\/helpcenter\\\/wp-content\\\/uploads\\\/2022\\\/01\\\/trading-panel-dom1.png\",\"width\":442,\"height\":178},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.overcharts.com\\\/en\\\/helpcenter\\\/docs\\\/trading-panel\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.overcharts.com\\\/en\\\/helpcenter\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Trading Panel\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.overcharts.com\\\/en\\\/helpcenter\\\/#website\",\"url\":\"https:\\\/\\\/www.overcharts.com\\\/en\\\/helpcenter\\\/\",\"name\":\"Overcharts Help Center\",\"description\":\"Trading Software &amp; Technical Analysis\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.overcharts.com\\\/en\\\/helpcenter\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\r\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Trading Panel - Overcharts Help Center","description":"Use trading panel to set parameters of the order being placed or to close and\/or reverse current position.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.overcharts.com\/en\/helpcenter\/docs\/trading-panel\/","og_locale":"en_US","og_type":"article","og_title":"Trading Panel - Overcharts Help Center","og_description":"Use trading panel to set parameters of the order being placed or to close and\/or reverse current position.","og_url":"https:\/\/www.overcharts.com\/en\/helpcenter\/docs\/trading-panel\/","og_site_name":"Overcharts Help Center","article_modified_time":"2025-08-13T10:43:05+00:00","og_image":[{"width":442,"height":178,"url":"https:\/\/www.overcharts.com\/en\/helpcenter\/wp-content\/uploads\/2022\/01\/trading-panel-dom1.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"12 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.overcharts.com\/en\/helpcenter\/docs\/trading-panel\/","url":"https:\/\/www.overcharts.com\/en\/helpcenter\/docs\/trading-panel\/","name":"Trading Panel - Overcharts Help Center","isPartOf":{"@id":"https:\/\/www.overcharts.com\/en\/helpcenter\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.overcharts.com\/en\/helpcenter\/docs\/trading-panel\/#primaryimage"},"image":{"@id":"https:\/\/www.overcharts.com\/en\/helpcenter\/docs\/trading-panel\/#primaryimage"},"thumbnailUrl":"https:\/\/www.overcharts.com\/en\/helpcenter\/wp-content\/uploads\/2022\/01\/trading-panel-dom1.png","datePublished":"2022-01-01T08:07:00+00:00","dateModified":"2025-08-13T10:43:05+00:00","description":"Use trading panel to set parameters of the order being placed or to close and\/or reverse current position.","breadcrumb":{"@id":"https:\/\/www.overcharts.com\/en\/helpcenter\/docs\/trading-panel\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.overcharts.com\/en\/helpcenter\/docs\/trading-panel\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.overcharts.com\/en\/helpcenter\/docs\/trading-panel\/#primaryimage","url":"https:\/\/www.overcharts.com\/en\/helpcenter\/wp-content\/uploads\/2022\/01\/trading-panel-dom1.png","contentUrl":"https:\/\/www.overcharts.com\/en\/helpcenter\/wp-content\/uploads\/2022\/01\/trading-panel-dom1.png","width":442,"height":178},{"@type":"BreadcrumbList","@id":"https:\/\/www.overcharts.com\/en\/helpcenter\/docs\/trading-panel\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.overcharts.com\/en\/helpcenter\/"},{"@type":"ListItem","position":2,"name":"Trading Panel"}]},{"@type":"WebSite","@id":"https:\/\/www.overcharts.com\/en\/helpcenter\/#website","url":"https:\/\/www.overcharts.com\/en\/helpcenter\/","name":"Overcharts Help Center","description":"Trading Software &amp; Technical Analysis","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.overcharts.com\/en\/helpcenter\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.overcharts.com\/en\/helpcenter\/wp-json\/wp\/v2\/docs\/1452","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.overcharts.com\/en\/helpcenter\/wp-json\/wp\/v2\/docs"}],"about":[{"href":"https:\/\/www.overcharts.com\/en\/helpcenter\/wp-json\/wp\/v2\/types\/docs"}],"author":[{"embeddable":true,"href":"https:\/\/www.overcharts.com\/en\/helpcenter\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.overcharts.com\/en\/helpcenter\/wp-json\/wp\/v2\/comments?post=1452"}],"version-history":[{"count":20,"href":"https:\/\/www.overcharts.com\/en\/helpcenter\/wp-json\/wp\/v2\/docs\/1452\/revisions"}],"predecessor-version":[{"id":3462,"href":"https:\/\/www.overcharts.com\/en\/helpcenter\/wp-json\/wp\/v2\/docs\/1452\/revisions\/3462"}],"wp:attachment":[{"href":"https:\/\/www.overcharts.com\/en\/helpcenter\/wp-json\/wp\/v2\/media?parent=1452"}],"wp:term":[{"taxonomy":"doc_category","embeddable":true,"href":"https:\/\/www.overcharts.com\/en\/helpcenter\/wp-json\/wp\/v2\/doc_category?post=1452"},{"taxonomy":"doc_tag","embeddable":true,"href":"https:\/\/www.overcharts.com\/en\/helpcenter\/wp-json\/wp\/v2\/doc_tag?post=1452"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}