On Chart Trading from the Right-Click Menu

The WealthCharts trading platform provides an intuitive way to place and manage orders directly from the chart interface. By right-clicking on the chart, users can quickly create buy and sell orders at specified price levels, which are then visually represented on the chart with labels. This feature not only speeds up the order placement process but also allows for easy modification of orders through drag-and-drop functionality.

Right-Click Menu: Placing Buy/Sell Orders

When you right-click on the chart, a context menu appears with several options for managing trades and chart settings. Among these options are the following critical functions for placing orders:

• Buy @ Limit: This option places a limit order to buy at a specific price. In the screenshot above, the command shown is Buy 1 ESZ4 @ 5707.5 limit, meaning the trader wants to buy 1 contract of the ESZ4 instrument at a limit price of 5707.5.

• Sell @ Stop: This option places a stop order to sell once the price reaches a certain level. In the example, the command is Sell 1 ESZ4 @ 5707.5 stop, which will trigger a sale when the price drops to 5707.5.

These buy and sell options provide a fast and efficient way to set your entry and exit points directly from the chart without needing to open separate order windows.

Order Labels on the Chart

Once an order is placed using the right-click functionality, it is represented on the chart with a corresponding label that clearly displays the order type and price level.

In the screenshot below, you can see an example of a Buy Limit order with the label:

• Buy 1 | Limit @ 5571.00: This label indicates a limit order to buy 1 unit at the price of 5571.00. These labels serve as visual cues on your chart, helping you track where orders are placed without having to reference an order book.

Managing Order Labels

The labels that appear on the chart are not only informative but also interactive. You can directly manage these orders by interacting with the labels:

• Drag-and-Drop: One of the most powerful features of the platform is the ability to adjust order levels directly from the chart. You can click and drag the label up or down to modify the price level of the order. This makes it extremely easy to adjust your trades based on real-time market conditions without having to cancel and re-enter the order manually.

• Automatic Update: As you drag the label to a new price level, the order is automatically updated to reflect the new price. This flexibility is particularly useful in fast-moving markets, where quick adjustments can make a significant difference in trade outcomes.

Canceling Orders from the Chart

In addition to moving the labels, you can also cancel orders directly from the chart. WealthCharts allows you to either right-click on the label itself or use a designated button (such as a small "X" next to the label) to cancel the order without needing to switch to a separate window. This makes managing your active trades incredibly efficient.

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