How to place orders using charts at Quantower?

How to place orders using charts at Quantower?

To place orders using charts in Quantower, follow these steps:

·        Open a Chart: Select the instrument you want to trade and open its chart in Quantower.

·        Analyze the Chart: Analyze the price movements, trends, and patterns on the chart to make informed trading decisions.

·        Place Orders: Right-click on the chart at the desired price level where you want to place the order. A context menu will appear, allowing you to select the type of order you want to place (Market, Limit, Stop, Stop Limit, Bracket, or Cover).

·        Order Modification and Management: Once the order is placed, you can easily modify or cancel it directly from the chart. Simply right-click on the order marker on the chart and select the desired action (modify or cancel).

·        Monitor Orders: After placing the order, you can monitor its status directly on the chart. Open positions will be displayed as markers on the chart, allowing you to track their performance in real time.


    • Related Articles

    • FAQs on QuanTower Trading Platform

      1. What is the Quantower Trading Platform at 5paisa? Quantower Trading Platform is an advanced platform and an extension to 5paisa that enables users to do trading through their desktops/laptops. It is a full-featured platform covering the global ...

    • How to place a basket order on the Quantower Platform?

      Using the Multiple Order Entry Panel in Quantower, one can create multiple baskets, manage the baskets and place different types of orders that are supported by the broker. To create basket order on the Quantower Platform: 1. Navigate to the new ...

    • What are DOM surface Charts in Quantower Platform?

      Depth of Market (DOM) surface charts in the Quantower platform offer a powerful and visually intuitive way to analyse market depth by combining data of DOM with a heatmap visualisation. Unlike traditional methods, DOM surface utilises a heatmap, and ...

    • What types of orders can I place using tv.5paisa.com?

      Using tv.5paisa.com, you can place various types of orders to execute your trading strategies effectively. These typically include: Market Orders: These orders are executed immediately at the prevailing market price, ensuring quick execution but not ...

    • How to use BO and CO orders in the Quantower Platform?

      Bracket Order(BO) and Cover Order(CO) can be placed from the Order Entry Window as well as from the Charts. To place a Bracket and cover order in 5paisa through Quantower Platform: 1. Select or type the desired quantity you want to trade. Click on ...