Let us look at the General Settings tab in more detail:
1. Trading functions:
Trading in the Simple Order placing mode.
This option is enabled by default. All actions for sending orders are performed using the left mouse button. The type of the placed order is displayed automatically depending on where you click with the mouse: above or below the market price, and also in which column, Bid or Ask.
If the Simple Order placing mode is disabled, both the left and right mouse buttons must be used to place orders. The left button places a limit order, the right button places a stop order.
One-Click Mode - if this mode is disabled, the system will prompt you for a confirmation to perform a transaction. When this mode is enabled, transactions will be executed with one click and will not require confirmation (therefore, this mode should be used with care). To enable this mode, set the checkbox of this option.
Close Outstanding Orders when position is closed - i.e. when one of the orders that closes the position is triggered, or when the position is closed manually, all other pending orders will be canceled regardless of whether they are connected to each other by a protective strategy or the OCO option.
* More information about trading functions is available here:Smart Dom Trading Functions
2. Stop Settings:
Stop Limit Slippage - this is the value of the difference between the Trigger price and the Limit price for stop-limit orders.
There are situations when an order can fail to trigger, which usually happens with strong pulse movements. This function helps solve the above problem: you specify the maximum value by which your order can bedragged(i.e., the order will be filled in any case within the specified parameter range).
Stop as StopLimit - placing stop-limit orders (limit orders) when the slippage can be controlled. In case of stop-limit, the exchange mechanism for order consolidation will give the best pricehowever, the possible slippage will be limited in case of high volatility and non-liquid instruments. Yet, there is no guarantee of filling the order in this case. Stop limits are commonly used to enter the position so as to control the entry price.
The difference between a stop-limit and a stop is that two prices (the Trigger price and the Limit price) are indicated when the stop-limit is placed. And when the price reaches the Trigger price value, the stop-limit is converted into a limit order with the filling price at the level of the Limit price.
3. Visual Settings:
Rows Height - the height of DOM rows.
BackGround - color setting of the DOM background.
Show empty price levels.
Digits after decimal point in volume values.
Auto-center interval, sec - this module uses the depleted DOM mode, i.e. the spread is a floating one. Using this function, you can set the desired option of the interval in seconds, after which the spread will be automatically centered.
* If you do not require auto-centering, an interval of up to 10 hours can be specified in seconds.
Auto-center speed - this option sets auto-centering speed in seconds.
5. Сenter line
Show - enable/disable center line display
Width - set the value of the center line width in pixels
Color - set the color of the center line
Also read the following articles related to this topic:
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