The block creates and configures orders.
To call the projection of the future order on the chart, first select the volume for the transaction through the percent field or manual entry and the projection of the order will be automatically displayed in the chart block. (1). It displays the limit order (2). The price position of the order is the value of the price in the box (3):
The "BUY/SELL" toggle switches between buy and sell orders:
The tabs set different types of orders:
Limit and Market tabs
Limit and Market tabs are standard windows for work with orders, similar to the exchange interface.
Stop Limit tab
When the Stop Limit tab is active, the limit order and trigger indicators automatically appear on the chart. The indicator's price position appears on the price field:
Stop Limit tab settings
The "Stop" box is the trigger for the "Limit" box.
Example. At the current price of 27100 BTC/USDT, a trader wants to exit by stop-limit order when the price level reaches 26800. In the "Stop" box, the value should be 26800. In the "Limit" box, the price at which the order goes to the order book (usually a value is set below the "Stop" value to exclude slip).
Important! The user can move a placed stop-limit order (indicated in the "Limit" box), but a trigger (indicated in the "Stop" box) is unchangeable and unseen on the chart.
TPSL tab
When the TPSL tab is active, the limit order and trigger indicators automatically appear on the chart. The indicator's price position appears on the price field:
The TPSL tab is an OCO order that allows setting Take-Profit and Stop-Loss simultaneously.
TPSL tab settings
The "SL: Stop" box is the trigger for the "TP: Limit" box.
Example. At the current price of 27100 BTC\USDT, a trader wants to sell at the price of 28000 USDT by entering 28000 in the upper "TP: Limit" box. The next steps are similar to the actions in the "Stop Limit" tab.
The "TP: Stop" and "SL: Limit" boxes with an active checkbox are optional.
When the "TP: Stop" checkbox is enabled for take-profit, the volume of exposed coins is reserved, but it is not displayed in the order book for exchange users. Only after the price touches the "TP: Stop" level, the reserved volume gets into the order book at the price indicated in the "TP: Limit" box.
When the "SL: Limit" checkbox is disabled, the placed sell order is executed by a market order, when the price touches the indicated value in the "SL: Stop" box.
Additionally, there's the option to create a "TPSL order" by converting a limit order. To do this, open the context menu by right-clicking on the chosen limit order, select the appropriate option, set the "SL: STOP" and "SL: LIMIT" order price values on the chart, and activate the conversion by clicking on the green checkmark:
After creating a TPSL order, only the limit order is on the TV chart. To view the trigger and stop positions, click on the limit order (on the volume value) with the left mouse button:
