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Order modifying

Order modifying



Order modification is changing of levels of stop loss and take profit.
You can modify the deal in a similar way to the closing of the deal, but with some differences. You can modify the deal in the bottom menu of the trading terminal. It identifies your balance, funds and free funds that you can open the deal. If a deal is open, it will be visible in the trading window.

An open deal can be modified by calling the window to modify the deal. You can do this by clicking on it once the right mouse button or selecting "Modify or Delete Order".

After clicking on the menu item "Modify or Delete Order" you'll see the following window:

In this the trading window you can enter new values for the stop loss or take profit:

You can enter new values there. For example we want to increase the stop loss and take profit by 10 points:
You can modify the deal in the case that the new values of the stop loss and take profit will not be too close to the current value of course (no closer than 6 pips), otherwise the modification button will be inactive.
Please note - the "Change #....» button is active. Now if you click on it once, the levels of stop loss or take profit will change their value and their position on the chart.
Here presented schedules of change of exchange rates before and after modification.
The first schedule displays levels of stop loss and take profit before modification:

The second schedule displays levels of stop loss and take profit after modification:
Please note that the Stop Loss and Take Profit levels have changed their position relative to the opening level of the position. In this case, they were relegated from the opening level of the position. This means that we have increased the expected profit and raised the possible loss at the close of the deal when the rate will reach these levels.


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