Once you log in to the platform you will see the following screen:
The "Positions" Tab in SystemTraderFX
The positions tab of the platform allows you to see open positions, account balance, margin levels and any other information pertaining to the status of your account. The status of each trade/signal is color-coded for easy identification of profit, loss or pending trade.
- RED Trade is Open, but in loss.
- GREEN Trade is Open, but in Profit.
- BLACK Pending Stop/Limit Order, not yet active.
The platform auto updates the positions and live rates every few seconds, clients can use the <F5> function to manually refresh positions. The currency exchange rates are displayed on the left hand side of the positions tab.
Opening a Manual Trade (Feature only available in live accounts):
To open a manual trade, click on the “New Manual trade” line just below the positions tab.
Open Manual Position
A new box will appear that will allow you to enter the trade parameters for your manual trade. If you do not wish to have a stop loss or take profit you can leave the boxes blank. Opening a manual trade will not affect any trading signals as the platform will hedge accordingly to maintain all the open positions.
"Open Manual Position" window
Closing or Modifying a Trade Signal (Feature only available in live accounts)
It is possible to modify the limit, stop, or close a trade signal on the open positions tab of the platform by clicking on the line of the trade. This will open up more information on the trade, when opened. For the changes to take effect, you must click on the “Apply” button.
Trade Signal Information
Please note that if the signal provider sends an update to change the stop loss or take profit AFTER your changes, the signal provider’s stop loss will override your level. If you close a position early and the signal provider sends an order to close, it will have no effect. It will not open a new trade in the opposite direction, the platform identifies orders to open and close differently.
Multi Change Function
This allows you to modify or close/delete all your trades or a group of trades in one click. For example, if all your GBPUSD positions are doing well and you decide that you want to close them all out early, you will use the boxes to check the 3 GBPUSD trades and then click “Multi-Change” button on the top left to enable the closure of all the trades that are checked.
Example of "Multi-change" function
Columns and Navigation
Columns in the "Positions" tab
Ticket: Refers to the trade ticket number. If you need assistance it allows for identification of the trade.
System/Subsystem: Which system or signal provider dispatched the trade.
Symbol: Currency Pair the trade relates to.
Type / Lots: Whether the trade is Long (buy) or Short (sell) and the size of the trade in lots. For example, “10″ in the Lots column will equal one, 10K lot size.
Price: The open price of the signal.
S/L (Stop Loss): The current stop value of your position * A 300 pip stop loss will be added if a stop is not provided by the system provider. However, the provider can override the 300 pip stop at any time.
T/P (take profit or limit): The current Take Profit of positions.
Pips and Profits: Current position marked to market price in pips and $ terms.
Last Price: Latest market price.
PLAY BUTTON: If you have >10 open positions the platform will divide the positions into 2 pages, the play button will navigate you into page 2 of your open positions.
PLAYBAR BUTTON: Will navigate you to the last page of your open positions, i.e. page 5, if you have 50 open trades.
