WEB TRADER USER MANUAL
Contents
1. Methods of use Moving Average Indicator 1 When the instrument price rises above its MA it is a signal to buy 2 When the price falls below its MA it is a signal to sell 3 The direction of MA gives an idea of whether there is a bearish or bullish trend on the market Momentum Momentum is an indicator oscillator that measures the rate of change in currency prices It evaluates the difference between today s closing price and the closing price n days ago Usually a 10 days period is used for the calculation of this indicator In this case momentum is calculated by taking the 2010 2013 IronFX Group All Rights Reserved x THE GLOBAL LEADER lronrX IN ONLINE TRADING current closing price subtracting the price 10 days ago and plotting the results around the zero line The results plotted can be negative when the current price is lower than oldest price or positive when the current price is greater than the oldest price Momentum also can be used as a trend following indicator A signal to buy occurs when the indicator reaches the bottom of a downward curve and then begins to grow a signal to sell occurs when the indicator reaches the top of an upward curve and then begins to decline As a forerunning indicator it can be used when the proximity of the market to top bottom is accompanied by the drastic surge of the indicator following by a decline in the value of the indicator while the rates continue to rise fall or move ho2. through tabs in the bottom of the chart View or will be placed near each other or any other position you choose Instrument Select the instrument which you wish to open a chart for 2010 2013 IronFX Group All Rights Reserved x THE GLOBAL LEADER lronrX IN ONLINE TRADING Interval Select the time interval which you wish the chart to cover when it is opened without zooming To close the chart press the Close Chart the X on the top right corner of the Charts View Exporting Chart Data You can save the chart as an image file print it or export a table with its information as a CSV file to be opened with Microsoft Excel at any time To save the chart as a PNG image file click the Save button and choose a location to save the image to 1 To print the chart as an image click the Print Chart button The final button brings up a table which allows you to view a history of a Open Close High and Low rates within the time intervals of the chart For example if the chart s interval is 30 minutes each row of the table will contain the information about 30 minutes of the currency Z pair s price history The Open rate is the rate at the start of the 30 minute interval while the Close rate is the price at its end The High and Low prices are the highest and lowest prices respectively of the currency pair within the 30 minute interval Note that a Tick chart s table will only show the Close price be
3. 00 17 00 20 00 AUDCAD 30 Min For more detailed information look paragraph Charts 2010 2013 IronFX Group All Rights Reserved x THE GLOBAL LEADER Ironr X IN ONLINE TRADING Themes You can select one of the six color schemes Spark Sky Cobalt Desert Sage or Graphite by pressing Themes in main menu File instruments View Window Help Spark Sky Cobalt Desert sage Graphite You can see what each theme looks like by selecting it and referring to the preview grid WorFs Wed Trade oe vM Pan A Bll D a t jaja ee j MA aami iA un dD w D ro e o tunnan Window Menu Window allows you to create new tabs To create a Tab go to the Main Menu and File choose New Window You can also click on a cross button near existing tab instruments 2010 2013 IronFX Group All Rights Reserved x THE GLOBAL LEADER lronrX IN ONLINE TRADING When prompted give the workspace a name Name new tab Click OK to create the new Tab The new empty Tab will appear as a tab underneath the Main Menu File occu sn You can now populate the workspace with views To remove a View from a tabbed group view Instruments click on the black X button of the application Warning view s below the Logout button This will close the current tab Click yes to confirm closing the Do you want to remov
4. 3 IronFX Group All Rights Reserved x THE GLOBAL LEADER Ironr X IN ONLINE TRADING ON 2 While holding down the left mouse button drag View across the screen The View itself will remain in place you will be dragging an orange outline of the View with a pointed copy of Tab picture and gray arrow as it is shown on the picture ordery 3 While still holding the right mouse button position the cursor in the desired place of application window The orange outline will become smaller and snap into the new position of application window This indicates that View is ready to be dropped in a new position AUDCAD 1 Hour po eryprrrrryrrrrry A LA RUES OS ON AUDCAD 1 Hour 4 Release the mouse button Now the View is placed in a different position It might be small and show not entire information 5 To adjust the View size place cursor between the borders of Views in a place where you can see sign showed on the picture below Left click on this sign and move the cursor in the desired place Release the mouse button Removing an individual View from a tabbed View To remove a View from a tabbed group View click on the black X button of the view s header This will close the selected View 2010 2013 IronFX Group All Rights Reserved x THE GLOBAL LEADER ronf X IN ONLINE TRADING Add Instruments If you want to add or remove an instrument please go to Ins
5. EEa aaa destin on 25 CS essen chee cay ea cen cp enc tcs cpt paves pc ces yates sees occa cece E tcteyecyaat etn oct E E ee desveseeenstts eet 26 Ui MOQUE a ei 26 CDS COCA Me CR en EAA ee 27 D S OR ne 28 OO a gnaue sau snes cmecsteztcauc ab cot esesessdeusenescuens 29 BUT PS TT AVE eA nan el ae a ne a ed nn 30 Exponential M VINE Av CV ae nette tirent 30 DTM OU te nce ae cnn vara acne eyed yee A A A seeds tine encanta 30 Ja iar DA ane en ee ana en D Gent 31 Adde ADO COS RE E een ma ec 31 EON CIS CAE DA ae aa a ce ua tar 32 WEB TRADER Thank you for your interest in the web based forex trading platform This trading platform allows you to trade in FX from the convenience of a web 2010 2013 IronFX Group All Rights Reserved x THE GLOBAL LEADER lronrX IN ONLINE TRADING browser without the need for installation of a forex trading software AUDJPY Min 8i ALO 616 l lllae 8 AiO HE l l L Islels Date 11 14 2012 2156 O 104088 C 104078 M 104089 L 104078 Date 107400122155 O 83 188 C 83 184 H 831198 L S1173 L82786 MER Hisa p USOOKK The web trader is adaptable to a user s individual needs and preferences and its features allow the user to trade quickly and effectively It allows the user to e Add and remove Instruments from the Quotes Board e Choose from three chart types and use a wide selection of tools and indicators to assist in your technical analysis e Set alerts and receive
6. THE GLOBAL LEADER IN ONLINE TRADING WEB TRADER USER MANUAL 2010 2013 IronFX Group All Rights Reserved x THE GLOBAL LEADER lronrX IN ONLINE TRADING SN TEN UC a S E 2 OS ETN eA CS Mocca xe essa ccciaca se sees ccp cays tdues ee bacaen ecenyevac A 4 De TA at a a an a co on 5 TS OR o E E E E A A E E E E E eer 6 SRE AO a A A E E AN E 7 5 A E E cages snug ates cast E E A E A E E A E E ate sees 7 DOS CES E E ere ere ee etc 8 A EN E E E E A E E A ces totsiecpcsetovecsayiteiaeauaeneattiecion 8 OLONE VAE T iene ates 9 AVARE VO aE A A EEE E EE E eer 11 AO NV LOW a A O 11 POSTION VI Ne E 12 OFS VI W i A E E E E A E E E A 13 OS OWN e E E E S ee ee 13 AE MONG a E A E A A NE 14 Fe Vg VION aA A E A T 14 OS E EE E T E E E E E A ETES EEE EE EA 16 WAON aaa E E A E E A 16 FEM o PR RE O AA A I A EAE E E E 17 Dran A ODs araa E E a 18 To place View A inside View B creation a new tab in existing View nn 18 To change the position Ol AV INR ee rent ei st 18 Removing an individual View from a tabbed View rennes 19 CRC RS EU RS EE a D in 20 MARAIS PONTOISE Re terete na DR ne dd A Lee ites a ta rns 21 CR ES DOS o e p AEE ed ei ae ed T EE 21 Modine EC DOS TUONS near mi ins su en ee eee Rs non 21 COS CAS D S sas E E E A EN E 22 Manara OO a teen ere eter teeter 23 Pracie ano E PR EEE 23 Modifying and Deleting an OUT Rasa teste end 24 Mene AE a AEE E a a 25 EN Nga EAA BEE EEEE A E E EN T A ENE ee 25 Modine and delenn an AIRE denses E
7. cause its time interval is negligible To print this table you can press Print To export it as a CSV file press CSV and choose the location where you want to save the CSV file 2010 2013 IronFX Group All Rights Reserved
8. e position Buy or Sell position Volume The number of lots you trade After Volume you can see a current price Stop Loss Enter the target price at which the position will be closed if the Stop loss level is hit Take profit Enter the target price at which the position will be closed if the Take profit level is hit Suppose you want the Web Trader to sell your currency pair if the price drops to a certain point to protect you from increasing losses You can have the Web Trader close your position automatically if the price falls to a certain point by placing a Stop order on your position To do this double click on a position in the Positions View you will see a Position Operation Window where you can enter the number of lots you want to close Click OK to close the position Position 11347525 Close position Modify position Account 91331 Symbol AUDCHE Open 0 98878 Type Buy 0 97296 0 97363 Account The account under which your position is placed Symbol The instrument you trade Open The price at which the position was opened Type Type of the position Buy or Sell position Volume Enter the number of lots you want to close After Volume you can see a current price 2010 2013 IronFX Group All Rights Reserved ironF X SOLID TRADING MANAGING ORDERS THE GLOBAL LEADER IN ONLINE TRADING Orders lists all the open orders under the accounts listed in Accounts A descr
9. e this tab Tab Hint Once you are done configuring your workspaces you should save your layout Help The Help menu contains a link to the user manual as well as information about the application File Instruments View Themes Window Web User Manual PDF User Manual About 2010 2013 IronFX Group All Rights Reserved x THE GLOBAL LEADER Ironr X IN ONLINE TRADING DRAG AND DROP To place View A inside View B creation a new tab in existing View 1 Move the cursor over the Tab of View A the left lower corner Left click on the Tab and hold down the left mouse button 1 While holding down the left mouse button drag View A across the screen The View itself will remain in place you will be dragging an orange outline of the view with a pointed copy of Tab picture and gray arrow as it is shown on the picture Torry 2 While still holding the right mouse button position the cursor near or between existing Tabs of View B The small orange outline will appear This indicates that View A is ready to be dropped into View B Positio H er 2 Release the mouse button View A and B are now grouped into one View with View A on top Use the tabs to toggle between the Views You may combine an unlimited number of views into one tabbed view To change the position of a View 1 Move the cursor over the Tab of View Left click on the Tab and hold down the left mouse button 2010 201
10. er your cursor when your cursor is over the chart The Toggle Grid button toggles the grid behind the graph 2010 2013 IronFX Group All Rights Reserved x THE GLOBAL LEADER Ironr X IN ONLINE TRADING Drawing Tools You can draw various shapes symbols and lines on the chart and add comments using the Drawing Tools You can place vertical or horizontal lines by selecting them from the Drawing Tools menu and placing them in the desired location by clicking on it To add Gann lines lines with only one endpoint which point to the right or trend lines select them from the Drawing Tools menu click on the chart and drag the cursor in the desired direction of the line To add Fibonacci Retracements Time Expansions Arcs and Fans or to add a geometric shape or a symbol select them from the Drawing Tools menu click on the chart and drag to expand the object To add a comment select Comment from the Drawing Tools menu click on the chart and drag to expand the comment box A form will appear containing a field for the comment a menu for the text color and a field for the text size You can move the objects you ve drawn at any time by clicking them and dragging them around 2010 2013 IronFX Group All Rights Reserved x THE GLOBAL LEADER Ironr X IN ONLINE TRADING To delete an object select it by clicking on it The points used for modifying the object will turn from yellow to red Then click t
11. fference between the current Buy and Sell price One click trade lets you activate one lick mode It means that every time you buy or sell you will not receive confirmation window You can set amount you want to trade before clicking on the price Accounts One Click Trade On AUDCAD L 097712 H 0 97 765 To open a buy or sell position simply click on the Buy or Sell price for the currency pair you want You can set the number of lots you want to trade in the dealing rates box before clicking on the price To switch One Click Trade off just press on its button again How to add or remove instruments look at paragraph Instruments in Main Menu You can expand the Quota View to contain two or more columns of quotes For more detailed description look at Paragraph Drag and Drop 2010 2013 IronFX Group All Rights Reserved ironF X SOLID TRADING Advanced View Dealing Rates THE GLOBAL LEADER IN ONLINE TRADING EE AUDCAD AUDCHF EURNZD AUDIPY AUDDKK Dealing Rates 1 03747 0 98081 1 56250 o4 650 6 0767 s a e e e e se You can view dealing rates in the Advanced View Here you can see Instruments Sell and Buy rates and time Instrument Chosen currency Sell Current price for selling Buy Current price for buying Time Current time Accounts View Accounts 91331 Bobby Test Apple USD 06776764 967887 11 1768 63 96611847 0 Accounts All necessary informat
12. ged for buying and selling lots in this position Swap A type of foreign exchange swap consisting of two parts completed at the same time One part is a foreign exchange spot trade and the other is a foreign exchange forward transaction Profit The final profit of the position Alerts View Alert View allows you to set the Web Trader alert It will inform you when a currency pair reaches a certain price For more detailed information look paragraph Alerts Alerts 8807 AUDDKK 6 3547 Buy 0713172012 23 10 Alerts The Alerts number Instrument The Instrument that you want Web Trader to alert you about Price The Price at which you want the Web Trader to send the alert Type The Buy or Sell type Time The time at which this Alert was set Charts View The Web Trader provides different types of charts and graphical tools to assist with technical analysis A chart graphically presents a currency pair s price history Here is an example of a chart 2010 2013 IronFX Group All Rights Reserved x THE GLOBAL LEADER Ironr X IN ONLINE TRADING AUDCAD 30 Min Date 11 15 2012 20 00 O 1 03395 C 1 03394 H 1 034 L 1 03342 a 1 04626 1 f we st 1 04547 1 04468 1 04388 1 04309 1 04230 1 04150 1 04071 1 03992 1 03912 1 03833 1 03753 1 03674 1 03595 1 03515 phth 40 KESEN 1100 1400 17 00 20 00 2300 02 00 05 00 nano 1100 1400 17 00 2000 23 00 02 00 05 00 nano 1100 14
13. he cross button on the Chart Menu You can edit objects by using instrumental panel which appears after you select your Drawing It allows you to Change lines width change the colors of Color d Thickness Label fy Fibonacci the percentage drawings lines and choose to hide or display the label Gann lines trend lines Color Thickness fm Label i and Change the color and horizontal line width vertical lines Geometric Change color and shapes transparency Change the Comments comment and the text color and size Indicators Indicators are various ways of representing the raw data of a currency pair s price history In Web Trader you can open various types of indicators such as e Simple Moving Average e Exponential Moving Average e Momentum e Bolinger Band To add an indicator to the chart click the Indicators button from the Chart Menu A drop down menu listing all the available indicators will appear Select the indicator you want from the menu and it will either appear on your graph or the chart will be divided with the selected indicator appearing in a new graph Above each graph you will see buttons for all the indicators that the graph includes You can click a button with an indicator s name on it to either Edit or Delete the indicator 2010 2013 IronFX Group All Rights Reserved x THE GLOBAL LEADER lronrX IN ONLINE TRADING Clicking Edit will allo
14. ion about your account s can be found in the Account View The View allows you to view Account number Trader s name Base instrument Balance Equity Margin and Free Margin Commission Swap and Profit Account unique number ID assigned to each account Trader The name of the person trading Base Instrument The currency in which all the information above is displayed Balance The total amount of funds in the account without taking into consideration equity or margin Equity Equity is the balance plus the Gross Profit or Loss This is the same as the Balance if there are no open positions Margin The used margin This represents the amount of funds currently used on the lots of all open positions If the equity falls below this number a margin 2010 2013 IronFX Group All Rights Reserved x THE GLOBAL LEADER lronrX IN ONLINE TRADING call will be issued In this situation you will either need to add to your funds or liquidate your positions Free Margin The amount of money available to open and maintain your positions Commision The total money charged for buying and selling lots in all of the account s open positions Swap A type of foreign exchange swap consisting of two parts completed at the same time One part is a foreign exchange spot trade and the other is a foreign exchange forward transaction Profit The gross profit loss of the account s positions Position View Positions x Positi
15. iption of each of its columns you can find in the paragraph Main Menu View Orders Placing an order To place an order on a currency pair double click on the corresponding instrument panel You will see a New Order Window Press Place to place an order Account 91331 Symbol AUDCAD Volume H ag Stop Loss Lx 1 03358 E lt 1 03358 _ Take Profit gt 1 03660 _ Type 1 03358 SRE Entery Stop Bu Entery Limit L Entery stop Your price has to be more than or equals to 1 03509 Bell Limit Type Account This allows you to select the account under which to place the order Symbol Here you can select the instrument you want to trade Volume Enter the number of lots you want to trade Stop Loss Enter the target price at which the position will be closed if the Stop loss level is hit Take profit Enter the target price at which the position will be closed if the Take profit level is hit Buy Stop An order to buy the currency pair at a specified price that is above the current market price Sell Stop An order to sell the currency pair at a specified price that is below the current market price Buy Limit An order to buy the currency pair at a specified price that is below the current market price Sell Limit An order to sell the currency pair at a specified price that is above the current market price Open Price The price at which you w
16. ke up the Chart Menu Here is a list of their names and brief descriptions s i Graph Type A menu for selecting the type of graph displayed on the j chart Contains line bar and candle graphs i nia Crosshair Toggles the display of a crosshair beneath the cursor gt Toggle Grid Toggles the grid behind the graph a Draw Tools A menu containing various tools for drawing and placing comments onto the chart 2010 2013 IronFX Group All Rights Reserved ironF X SOLID TRADING Bl A a EI 5 Indicators Zoomin Zoom Out Save Print Database THE GLOBAL LEADER IN ONLINE TRADING Opens a list of indicators allowing you to customize use and remove them Makes the time interval displayed on the chart shorter horizontally Zooming into it Makes the time interval displayed on the chart longer horizontally Zooming out of it Saves a PNG image of the chart in its current state to your computer Prints a picture of the chart in its current state Opens a table with information about the currency pair s price history Customizing the Chart You can change the way the chart looks and reacts to your cursor using the first four items on the Chart Menu From the Graph Type menu you can select whether the line bar or candle graph will be displayed on the chart The Crosshair button toggles the crosshair This will cause a vertical and a horizontal line to appear und
17. ll open that View If the view is already open the new second third ect view will be open 2010 2013 IronFX Group All Rights Reserved x THE GLOBAL LEADER ronf X IN ONLINE TRADING Quotes View L 1 56705 The Quotes tab of the Quota View contains various instrument panels which can be added to or removed from the board at the user s discretion Quotes One Click Trade OF amp AUDCAD Sell 1 03404 L 1 03317 1 56705 2010 2013 IronFX Group All Rights Reserved x THE GLOBAL LEADER Ironr X IN ONLINE TRADING About Currency Pairs A Currency Pair is a quotation describing two currencies valued relative to one another One is called the base currency and the other is called the quotation or counter currency When buying a currency pair a trader buys the base currency and sells the counter currency When selling a currency pair a trader sells the base currency and buys the counter currency The prices or exchange rates you see are amounts of counter currency needed to buy one unit of the base currency An instrument panel represents one currency pair providing some basic information about it The number s appearing directly below Buy and Sell are the quotations of the current price of buying and selling the currency pair respectively Low The lowest Sell price that the currency attained during the day High The highest Buy price that the currency attained during the day Spread The di
18. m the context menu Here enter the new price into the Your Price field and press Ok You can also cancel or remove and order by right clicking it and selecting Remove Order History View History x Position Account Instrument Lot BIS Open Time Close Time Stop Loss Take Profit Com Swap Profit 11252008 91331 EURNZD 1 Buy 1 5647 11 08 12 21 47 1 5622 11 08 12 22 18 1 56220 1 56790 0 0 0 0 205 45 History View lists all the already closed positions under the accounts listed in Accounts Here is a description of each of its columns Position The unique ID assigned to the position Account The account under which the position is open Instrument The Instrument representing the currency pair of the position Lot The number of lots involved in the position B S Identifies the position as a Buy B or a Sell S position Open The price at which the position was opened Time The time at which t his position was opened 2010 2013 IronFX Group All Rights Reserved x THE GLOBAL LEADER lronrX IN ONLINE TRADING Close The current price of the instrument or the price at which the position can be closed currently Time The time at which t his position was closed Stop Loss As the name says It is a price level at which you should stop or limit your loss in a position Take profit price at which Web Trader will close your position to lock in your profit Commision The total money char
19. nt information in order not to enter it again next time you log in 2010 2013 IronFX Group All Rights Reserved x THE GLOBAL LEADER lronrX IN ONLINE TRADING THE WORKSPACE The application gives you wide possibilities of customization for your convenience and getting the most of your online trading You can use default application settings or you can customize it the way you prefer Customizable interface of Web Trader allows the trader to adjust the look of the application By modifying the look of the application you can adjust windows charts and toolbars the way it is convenient for you You can customize application color Views sizes chart type and period according to your personal requirements You can also arrange the Views of application as you like by drag and drop customize their locations place View near each other or in a tabbed View or even hide the ones you don t need After you customized the application the way you like you can save a Workspace and open it the same way on the different computer If all open Views do not fit in the application window you can open a new Tab by pressing the button Write the name of a new Tab In case you save your workspace all tabs will be saved 2010 2013 IronFX Group All Rights Reserved x THE GLOBAL LEADER Ironr X IN ONLINE TRADING MAIN MENU The Main Menu contains the most commonly used actions These include creating orders positions opening a new char
20. on Time Instrument Open Close Stop Loss Take Profit Commission Profit 11371942 2012 11 14 2 18 AUDDKK 6 1305 6 0416 1519 54 11253260 2012 11 08 21 44 y EURNZD 1 56402 1 57183 636 08 11241179 2012 11 08 2 31 y AUDCAD 1 0389 1 03438 453 22 11348515 2012 11 13 3 52 y AUDJPY 82 825 84 752 2358 64 11348511 2012 11 13 12 00 y AUDCHF 0 99082 0 97558 33 15 1616 87 0 0 0 11251448 2012 11 08 4 09 AUDCAD 1 03815 1 03495 0 320 8 0 0 0 11153081 2012 11 07 13 48 EURNZD 1 54494 1 57308 94 55 2292 62 Positions View lists all the open positions under the accounts listed in Accounts Here is a description of each of its columns Position The unique ID assigned to the position Time The time at which t his position was opened B S Identifies the position as a Buy B or a Sell S position Account The account under which the position is open Instrument The Instrument representing the currency pair of the position Lot The number of lots involved in the position Open The price at which the position was opened Close The current price of the instrument or the price at which the position can be closed currently Stop Loss As the name says It is a price level at which you should stop or limit your loss in a position Take profit price at which Web Trader will close your position to lock in your profit Commision The total money charged for buying and selling lots in this position Swap ty
21. ould like the order to be executed 2010 2013 IronFX Group All Rights Reserved x THE GLOBAL LEADER Ironr X IN ONLINE TRADING Modifying and Deleting an order You can modify the Stop Loss Stop Order price by double clicking the order selecting Stop Loss Stop Profit and entering the new price at any time To modify a orders s limit price just like for stop loss double click the order again select Take Profit Limit Order and enter the new price In the same window you can change the price at which the order will be executed Press OK to apply Modifying To Delete an Order Press Delete Order peaa Account This allows you to select the account under which to place the order Symbol Here you can select the instrument you want to trade Account 91331 Symbol AUDCAD wa e Volume Enter the number of lots you want to Volume 1 trade LS 5 Stop Loss Enter the target price at which the 1 03315 1 03404 will be closed if the Stop loss level is ie i x o gt 103704 Take profit Enter the target price at which the Take Profit x of lt 1 03403 position will be closed if the Take profit level is hit Delete Order 2010 2013 IronFX Group All Rights Reserved x THE GLOBAL LEADER Ironr X IN ONLINE TRADING MANAGING ALERTS You can have the Web Trader alert you when a currency pair reaches a certain price Setting an alert To set an alert go to the Quotes View and double click the but
22. pe of foreign exchange swap consisting of two parts completed at the same time One part is a foreign exchange spot trade and the otheris a foreign exchange forward transaction Profit The gross profit loss of the position 2010 2013 IronFX Group All Rights Reserved x THE GLOBAL LEADER Ironr X IN ONLINE TRADING Orders View Order View lists all the orders placed under the accounts listed in Accounts Orders x Order Instrument Open Stop Loss Take Profit Time 11371955 AUDCAD 1 04689 1 04840 1 04538 11 13 12 18 03 11372007 AUDDKK 6 1444 11 13 12 18 05 11371961 AUDCAD 1 04999 11 13 12 18 03 Here is a description of each of its columns Order A unique ID assigned to each order Account The account under which the order is issued Instrument The instrument representing the ordered currency pair Type The type of order ES Entry Stop Order or EL Entry Limit order Lot The number of lots involved in the order B S Identifies whether the order is to Buy B or to Sell S Open The price of the currency pair at the time the order was placed Stop Loss As the name says It is a price level at which you should stop or limit your loss in a position Take profit price at which Web Trader will close your position to lock in your profit Time The time and date in which the order was confirmed You can change the order price by right clicking on an order and selecting Change Order Rate fro
23. rizontally In such a case divergence takes place Methods of use 1 When the indicator reaches the bottom of a downward curve and begins to grow it is a signal to buy 2 When the indicator reaches the top of an upward curve it is a signal to sell Bolinger Band Bollinger Bands BB is an indicator that compares volatility and relative price levels over a period of time Bollinger Bands adjust to the market conditions As soon as the market becomes more volatile the bands widen they contract during less volatile times The use of Bollinger Bands is based on the fact that prices usually remain within the limits of upper and lower borders BB are mostly used for determining if the current value of a data field is behaving normally or breaking out in another direction BB can also be used for identifying when trend reversals should be expected The variable width of BB is caused by the volatility of prices Methods of use 1 Sharp changes in price take place after the channel narrows 2 If prices cross the border it is a signal that the current trend will continue A 3 A price move that originates at one border tends to go all the way to the other border B Adding and Closing To open a new chart go to Main Menu and choose Charts This will allow you to select the Instrument and Interval of your chart and create a new chart with a bar graph You can open more than one chart at a time All your charts will be accessible either
24. t subscribing to instruments loading a desktop profile File Using File menu you can Reset Workspace Save Workspace and Logout Workspace is a great tool for organizing your trading application It allows you to display and arrange application view according to your needs and preferences Customize your application appearance and choose Save Workspace It allows you to have your saved Workspace on any other computer Reset workspace deletes your saved configurations and takes you to default company s Workspace File Instruments View Themes Window Help Reset Workspace save Workspace Logout 2010 2013 IronFX Group All Rights Reserved x THE GLOBAL LEADER lronrX IN ONLINE TRADING Instruments View Themes Window Help Add Instruments Menu Instruments allows you to Add or Remove Instruments Choose Add Instruments and a window will appear where you can choose which instruments are visible in your application AUDCAD AUDCHF AUDDKK AUDIPY AUDNZD AUDPLN MUU A AB AUDSGD Cancel Save View The View menu contains commands related to views in the application From this menu you can open Quote View Advanced View Accounts View Position View Orders View History View Alerts View and Charts View File Instruments Themes Window Help Quote Advanced Accounts Positions Orders History Alerts Charts Note Clicking any of context popup View menu wi
25. t Execution tab select your account number Instrument Symbol Volume Stop Loss and Take Profit prices and click Buy or Sell Account This allows you to select the account under which to place the order Symbol Here you can select the instrument you want to trade Volume Enter the number of lots you want to trade Stop Loss Enter the target price at which the position will be closed if the Stop loss level is hit Take profit Enter the target price at which the position will be closed if the Take profit level is hit Modifying the position You can modify the Stop Loss Stop Order price by double clicking the position selecting Modify Position and entering the new price for Stop Loss Stop Profit at any time To modify a position s limit price just like for stop loss double click the position again select Modify Position and enter the new price for Take Profit Limit Order 2010 2013 IronFX Group All Rights Reserved THE GLOBAL LEADER IN ONLINE TRADING ironF X SOLID TRADING Position 11347525 x Close position Modify position Account 91331 Symbol AUDCHF Open 0 98878 Type Buy Volume 1 04 0 97299 0 97363 Stop Loss 0 97148 H lt 0 97148 Take Profit 3 0 9745 gt 0 97450 Closing the position Account The account under which your position is placed Symbol The instrument you trade Open The price at which the position was opened Type Type of th
26. them e Synchronize the web trader with our Mobile Trader and trade on the go Here you will find a guide on the use and customization of the Web Trader The trader s GUI is covered in detail along with some fundamental concepts of forex trading such as currency pairs This guide can be used as an introduction to the web trader s interface as well as a reference for users that are already familiar with its basic functionality 2010 2013 IronFX Group All Rights Reserved x THE GLOBAL LEADER Ironr X IN ONLINE TRADING GETTING STARTED Before using a Live account you can become comfortable with the web trader s interface while trying out your strategies on a Demo account A Demo account allows the user to experience Forex trading without any real investment or risk Login Fanel semer mn si Languages English M Save account information Once you feel confident with your knowledge of the web trader s interface and your trading experience you can open a Live account 2010 2013 IronFX Group All Rights Reserved x THE GLOBAL LEADER Ironr X IN ONLINE TRADING LOGGING IN Once you have an account you can log in and start trading Login Panel Server Reali Languages English WI Save account information Username and Password Enter your username and password here Dealing Desk You can select a live or a demo dealing desk for which you ve registered here You can also save your accou
27. ton with the price Quotes One Click Trade OF amp AUDCAD 19 44 Instant Execution Pending Order symbol AUDDKK Price 6 0213 gt Sell Place Go to Alert tab to set a new alert Symbol Instrument The Instrument that you want Web Trader to alert you about Price The Buy or Sell price at which you want the Web Trader to send the alert Modifying and deleting an alert You can edit the alert by double clicking on the Alert in Alert View and changing the Alert Price to the desired After you are satisfied with the alert s parameters press Ok To remove an alert double click on the Alert in Alert View and press Delete Symbol Instrument The Instrument that you want Web Symbol AUDDKK Trader to alert you about Price The Buy or Sell price at Price which you want the Web Trader to send the alert Delete OK 2010 2013 IronFX Group All Rights Reserved x THE GLOBAL LEADER Ironr X IN ONLINE TRADING CHARTS The Web Trader provides different types of charts and graphical tools to assist with technical analysis A chart graphically presents a currency pair s price history Here is an example of a chart AUDCAD 30 Min 1100 1400 17 00 2000 23 00 02 00 05 00 08 00 1100 1400 17 00 2000 23 00 02 00 05 00 08 00 1100 14 00 17 00 2000 AUDCAD 30 Min Chart Menu The buttons located above the graph ma
28. truments of the Main Menu then select Add Instruments of the context popup menu In the opened window tick the boxes of the instruments you would like to add to your Quotes View Once selected the instruments click on the Save button E File j View Themes Window Help Logout CNT CU Accounts Eee oon CAD 4 Hour x x D it ne AA 4 lt gt ae S i Date 1121 2012 20 00 O 103181 C 1032 ji 1 28239 AUDCHF E tie be pees LL s CRE Thi sie AUDDKK panier EURNZD 128213 AUDJPY 128198 157772 F 128183 AUDNZD peter s AUDPLN 5 Accounts AUDCAD 4 Hour z DRE Lil AUDSGD Accounts x Account Trader Base Instrument Balance Commission Swap Protit 91331 Bobby Test Apple USD 26756509 0 2512 4ccounts Positions Orders History Alens 2010 2013 IronFX Group All Rights Reserved x THE GLOBAL LEADER Ironr X IN ONLINE TRADING MANAGING POSITIONS Positions lists all the open positions under the accounts listed in Accounts A description of each of its columns you can find in the paragraph Main Menu View Positions Opening a position To open a position from the Quote View double click on a buy or sell rate this will open the New Order dialog Account 91331 Symbol AUDCHF Volume EH ii Stop Loss Lx 0 9731 2 lt 0 97309 Take Profit x 0 97309 H gt 0 97309 0 97277 0 97342 Sell Buy Choose Instan
29. w you to customize the appearance of the indicator graph Delete will remove the indicator Simple Moving Average Moving Average is an indicator that shows the average price within a defined time period There are two types of Moving Averages Simple MA Exponential MA They differ from each other only in terms of the weight coefficients that are assigned to the latest data A simple or arithmetic moving average that is calculated by adding the closing price of the security for a number of time periods and then dividing this total by the number of time periods Short term averages respond quickly to changes in the price of the underlying while long term averages are slow to react Methods of use Moving Average Indicator 1 When the instrument price rises above its MA it is a signal to buy 2 When the price falls below its MA it is a signal to sell 3 The direction of MA gives an idea of whether there is a bearish or bullish trend on the market Exponential Moving Average Moving Average is an indicator that shows the average price within a defined time period There are two types of Moving Averages Simple MA Exponential MA They differ from each other only in terms of the weight coefficients that are assigned to the latest data A type of moving average that is similar to a simple moving average except that more weight is given to the latest data The exponential moving average is also Known as exponentially weighted moving average
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