Orders templates are ONLY suitable for trading in standard mode (without AgenaTrader++).
You can manually place orders on the chart and link them to each other and then apply the saved manual (discretionary) setup to other trades.
The easiest way to demonstrate how this works is with the help of several examples.
Example 1. SimpleLong
To create an orders template, complete the following steps:
1. Manually place 3 orders on the chart:
- Target = Sell Limit Order
- Entry = Buy Stop Order
- Stop = Sell Stop Order
2. Create an IfDone group consisting of the EntryOrder linked to the TargetOrder and StopOrder (Alt + left click)
3. Create an OCO group consisting of the TargetOrder and StopOrder (CTRL + left click)
4. Save the orders template in order to use it again for other trades by doing the following:
- Right click in the charting area to bring up the context menu;
- Select Settings and then Orders Templates;
- Left click on the Create Template from Chart option.
Note! The orders template will only be ACTIVATED if you check the
checkbox for the entry order!!
Example 2. SimpleShort
To create an orders template, complete the following steps:
1. Manually place 3 orders on the chart:
- Target = Buy Limit Order
- Entry = Sell Stop Order
- Stop = Buy Stop Order
2. Create an IfDone group consisting of the EntryOrder linked to the TargetOrder and StopOrder (Alt + left click)
3. Create an OCO group consisting of the TargetOrder and StopOrder (CTRL + left click)
4. Save the orders template in order to use it again for other trades by doing the following:
- Right click in the charting area to bring up the context menu;
- Select Settings and then Orders Templates;
- Left click on the Create Template from Chart option.
Note! The orders template will only be ACTIVATED if you check the
checkbox for the entry order!!
Example 3. Channel Breakout (combines examples 1 and 2)
To create an orders template, complete the following steps:
1. Apply both templates (in this example SimpleLong and SimpleShort) to the chart.
2. Create an OCO group consisting of the entry orders from both templates (CTRL + left click)
3. Save the orders template in order to use it again for other trades by doing the following:
- Right click in the charting area to bring up the context menu;
- Select Settings and then Orders Templates;
- Left click on the Create Template from Chart option.
Note! The orders template will only be ACTIVATED if you check the
checkbox for BOTH entry orders!!
See the Order groups (connections) section for further information.