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Orders templates
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Orders templates
​
Orders templates are ONLY suitable for trading in standard mode (without TradersYard X++).
You can manually
place orders on the chart and link them to each other
and then apply the saved manual (discretionary) setup to other trades.
The easiest way to demonstrate how this works is with the help of several examples.
Example 1. SimpleLong
To create an orders template, complete the following steps:
1. Manually place 3 orders on the chart:
Target = Sell Limit Order
Entry = Buy Stop Order
Stop = Sell Stop Order
2. Create an IfDone group consisting of the EntryOrder linked to the TargetOrder and StopOrder (Alt + left click)
3. Create an OCO group consisting of the TargetOrder and StopOrder (CTRL + left click)
4. Save the orders template in order to use it again for other trades by doing the following:
Right-click in the charting area to bring up the context menu;
Select
Settings
and then
Orders Templates
;
Left-click on the
Create Template from Chart
option.
Note!
The orders template will only be ACTIVATED if you check the
checkbox for the entry order!!
Example 2. SimpleShort
To create an orders template, complete the following steps:
1. Manually place 3 orders on the chart:
Target = Buy Limit Order
Entry = Sell Stop Order
Stop = Buy Stop Order
2. Create an IfDone group consisting of the EntryOrder linked to the TargetOrder and StopOrder (Alt + left click)
3. Create an OCO group consisting of the TargetOrder and StopOrder (CTRL + left click)
4. Save the orders template in order to use it again for other trades by doing the following:
Right-click in the charting area to bring up the context menu;
Select
Settings
and then
Orders Templates
;
Left-click on the
Create Template from Chart
option.
Note!
The orders template will only be ACTIVATED if you check the
checkbox for the entry order!!
Example 3. Channel Breakout (combines examples 1 and 2)
To create an orders template, complete the following steps:
1. Apply both templates (in this example SimpleLong and SimpleShort) to the chart.
2. Create an OCO group consisting of the entry orders from both templates (CTRL + left click)
3. Save the orders template in order to use it again for other trades by doing the following:
Right-click in the charting area to bring up the context menu;
Select
Settings
and then
Orders Templates
;
Left-click on the
Create Template from Chart
option.
Note!
The orders template will only be ACTIVATED if you check the
checkbox for
BOTH
entry orders!!
See the
Order groups (connections
) section for further information.
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Chart templates
Last modified
3mo ago
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Example 1. SimpleLong
Example 2. SimpleShort