Working with the trading terminal of "Momentum  Dealing Software"                             
                                                   
2.1.3 Quotations window
The quotations window (picture 8) is used for showing current levels for buying (ASK) and selling
 (BID) a certain lot of any of 11available financial instruments, placing orders for making deals choosing the time
 interval and outputting charts for different currencies.
Picture 8.

2.1.4. Sound alerts window

This window is used for placing sound alerts (picture 8.1.). Sound alerts inform the trader of reaching a
 certain price level by the rate of a chosen financial instrument.
Picture 8.1.

For editing the list of alerts in the window "Alerts" (picture 8.2.) click by the right mouse key on the
window (for adding new alert) or on an existing alert (for editing). For activating/deactivating a certain alert put/remove
a mark against this alert.
Picture 8.2.

When adding/editing the alert condition one should fill in all necessary parameters in the opening
window (Instrument, Condition,Value, Sound) - picture 8.3.
Picture 8.3.

2.1.5. Messages window

This window is used for informing the user of the process of placing his orders, making deals,
connection/disconnection etc. (picture 9).
Picture 9.

2.1.6. Status line

The status line is used as an indicator of the state of the trading session, system time and connection
"terminal-server" (picture 10).
Picture 10.

1) The state of the trading session and the connection "terminal-server". This indicator has four possible
positions: ACTIVE (trading session is opened), PAUSED (trading session is paused), CLOSED (trading session is closed), DISCONNECTED (connection withthe server is broken).
The Active status is possible only when the user is connected to the Internet. On very rare occasions the
 trading session may be paused (for example, for conducting some works on the server) - as a rule we inform our
clients  beforehand. When the trading session is closed or paused, deals cannot be made.
2) System time and date. Here you can see the time of the trading system.

2.1.7. The window of open positions

This window is used for showing the open positions for the current trading session. The appearance of this
 window you can see in picture 11:
Picture 11.

(a) the column "Instrument" shows the financial instrument with open positions
(b) the column "Volume" shows the aggregate volume of lots for this financial instrument. If the volume is
positive, it means that there is "long" position (buying). If the volume is negative, it means that there is "short" position
(selling).
(c) the column "Price" shows the average price for the lots of this financial instrument. For example, if one
bought 100.000 EUR/USD at the price 0,99 and 300.000 at the price 0,98, the average price will be 0,9825
(d) the column F.P/L shows the amount of floating profit/loss for the client's open positions. This amount is
recalculated after every change in the quotes. In other words, it shows the current profit/loss for open positions in
case of their closing at current exchange rates. Attention: in this window the floating profit/loss are shown in the
quotation currency.
 For example, if a position of USD/CHF is opened, floating profit/loss will be shown in Swiss francs. After closing this
position this financial result will be recalculated into dollars at the exchange rate at the moment of closing the position.
(e) the column A.P/L shows the amount of profit/loss for closed positions (i.e. the amount of received
profit/incurred loss for already closed positions)
(f) the column E.P/L shows the sum F.P/L+ A.P/L
(g) the column TS shows the step of trailing stop if trailing stop is placed for this position. Step - is the
number of points for price movement when the trailing stop will move following the price.
(h) the column TSValue shows the original price of placing trailing stop.
(i) the column TSExec shows the price at which the trailing stop will be executed and the position will
be closed.
(j) and (k) these columns show the values of stop-loss and take-profit orders, connected to this open position
Placing trailing stop orders
Trailing stop order is a type a limit order, where the price automatically changes in accordance with a
certain condition after changes in exchange rate of the financial instrument. Trailing stop orders are designated in the
 terminal with symbol "TS" (trailing stop)
For placing trailing stop order:
1. Open the bookmark "Positions"
2. Click with the right mouse key on an open position and in the window that appears choose Trailing stop
and conditions for executing and changing the order.

For example, let's take 20 points. The result you can see in the picture.

The column TS shows 20, the columns TSValue and TSExec contain the prices.
TSValue shows the price when this order was placed. In this case the order was placed at the price of 1,8433.
The column TSExec shows the price when this order will be executed and the position will be closed. In this
case the position will be executed at
ASK=1,8453. If the price goes down and ASK becomes less than 1,8413 the values of TSValue and
TSExec change in accordance with the price movement with the step of 20 points. If the price goes up the values
don't change.
For canceling the trailing stop click on the open position with the right mouse key, choose in the menu that
appears "trailing stop" and put the mark against "None". The advantage of these orders is that they fix the level of
losses (as a client fixes the maximum level of losses in points when placing this order) and profits increase
(when the price goes in favorable direction, the price of this order moves for increasing the profitable level of closing
the position). And if the price reverses and goes back a client won't loose his profit since trailing stop will
fix the profit.
Attention: this type of limit order will completely close the open position.
Binding Stop-Loss and Take-Profit orders to the open position
For binding SL and TP orders to the open position you should do the following:
1. Click on the open position with the right mouse key and choose SLTPorder in the menu that appears

2. In corresponding lines enter necessary price levels

Order Stop-Loss fixes losses and order Take-Profit fixes profits, so when you have long position (buying), the price
of stop-loss should be lower than the price of opening the position, and the level of Take-Profit should be higher than
the priceof opening the position.
For short position (selling) the other way round.
For modifying the SL and TP orders repeat steps 1 and 2

2.1.8. The window of orders for the current session

Picture 12.

(а) the column "Order" shows the number of each order, awarded by the trading system.
(b) the column "Instrument" shows the financial instrument, for which the order was placed.
(c) the column "Order time" shows the date and time of placing the order in the trading system.
(d) the column "Execution time" shows the time of execution of placed orders, i.e. the time of making deals.
 If this column shows the time of execution "01.01.0001", it means that the order hasn't been executed.
(e) the column "Volume" shows the number of lots of the financial instrument in the order
(f) the column "Price" shows the price of the financial instrument in the placed orders
(g) the column "Mode" shows the mode for limit-orders (market orders have dash instead of it). "GTC"
mode - these orders stay active till the moment of their execution or cancellation. "Day" mode - these orders stay active
 till the end of the trading session nd then automatically canceled.
(h) the column "Kind" shows the type of the order: MKT (market) or LIM (limit)
(i) the column "Status" shows the status of each order: ACTIVE (active limit-order), EXECUTED
 (executed order), CANCELLED
(cancelled order).
(j) the columns SLPrice and TPPrice show the prices of orders SL and TP, bound to the active limit-order.
For more illustrative representation of order status the trading terminal has the following color scheme: executed
orders are blue, active
 (limit) orders are green, cancelled orders are red.
Cancellation of an active limit-order-The process of cancellation is shown in picture 13:
Picture 13.

For canceling the limit order click on this order in "Orders window" with the left mouse key. All the line
of this order will be marked out (a).After it click the right mouse and a menu with option "Cancel order" will appear (b).
For cancellation click on it with the left mouse key and the order will be cancelled and shown in red.
Binding Stop-Loss and Take-Profit orders to active limit-orders
This version of the software provides you the possibility of binding stop-loss and take profit orders to active limit orders.
The procedure is the following:
1) Click on the active limit-order with the right mouse key and choose SLTPorder from the menu that
appears
2) Enter necessary levels in corresponding lines (picture 14)
Picture 14.

Order Stop-Loss fixes losses and order Take-Profit fixes profits, so when you have long position
(buying),
the price of stop-loss should be lower than the price of opening the position, and the level of
Take-Profit should be higher than the price of opening the position. For short position (selling) the
other
way round.
For modifying the SL and TP orders repeat steps 1 and 2 You should also remember the following: