Product / Trade Order Visualization

Now Amplesight is connected to an on-line broker. The software enables placing trade orders and following information on trading process using Interactive Brokers. AmpleSigth contains two main components to enable trading - Trading Panel and Order Window. The Trading Panel contains tools which help to set parameters of an order and then send it, as well as information about Bid and Ask prices and current Account size. Here the following parameters of Trade Orders are specified:

• Order Type: Market, Stop, Limit or Stop/Limit;
• Position: number of units to be bought/sold;
• Limit Price: the price of the order execution in the case when Order Type is Limit or Stop/Limit;
• Stop Price: the price of the order execution in the case when Order Type is Stop or Stop/Limit;
• TIF (Time in Force): Can be GTC (Good Till Cancel) or GTD (Good Till Day).

Order Window helps you to view every trading action. It consists of the following sections:

• Open Orders presents information about the open orders;
• Executions presents the list of filled orders from the moment of the application start;
• History contains the complete list of orders, including filled and canceled orders, as well as error messages;
• Portfolio displays information about open positions.

Moreover, AmpleSight provides convenient and clear tool to visualize the trading process. The whole history of filled and open orders is displayed on a chart. For every order you can view its type, position size and the price of the transaction.

There is one more pioneer tool in the Order Visualization option. When Order Visualization in a chart window is on and a position is opened for the current symbol, there is a Price Change Tracker displayed on the main bar series price scale.

A column with a more intensive color (marked '(a)' in the figure) shows a price change in comparison with the Position Entry Price. If a current price is higher than a Position Entry Price, the column is green. If a current price is lower than a Position Entry Price, the column is red.

A column with a less intensive coloring (marked '(b)' in the figure) shows a price, which would provide the maximum profit for an open position. For long position the column is green, for short positions, it is red.