Creation of Activation orders
After selecting the “Activation” bookmark in dialog window, the user should select the desired financial instrument from the list. The current quotation of this instrument (Bid/Ask) will be shown in special field of the window.
The user must enter the following data:
- The expected price of execution of the order;
- The duration – GTC or Daily;
- The OCO mode by ticking the correspondent check box.
In addition, for the first order (simple waiting order) the user must enter:
- The price of execution;
- The currency volume of the transaction;
- Whether it is a BUY or SELL;
- The lock mode (mark in the “Lock” field).
If the user wants to create one more order, then he/she needs to mark the “Order 2” field and enter the following data:
- The price of abrasion;
- Tbe currency volume of the transaction;
- Whether it is a BUY or SELL;
- The lock mode (mark in the “Lock” field).
Notice that Take-profit and Stop-loss cannot be added to these Activation orders.
At the bottom part of the screen there is text description of the operation factors selected by user. It is recommended that the user compare this description to the actions that are expected from the server.
After all the operation factors are entered, the user needs click the “Ok” button. The dialog window will be blocked until a response is received from the server.
When the price reaches the level of activation, server will automatically launch the first order and any remaining orders when appropriate. If the OCO mode was selected for the pair of orders, then when the price reaches the level of activation of one of these orders, it will be activated and the second order will be automatically removed from the server.
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