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IronFXMultiTerminal_User_Guide_March19

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IronFXMultiTerminal_User_Guide_March19

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Reto cuarenten
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© © All Rights Reserved
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MultiTerminal

Multi Terminal
USER GUIDE
Table of Contents

A. Getting Started...................................................................................................................................... 3

B. Terminal Settings .................................................................................................................................. 4

C. Client Accounts ..................................................................................................................................... 8

D. Open Orders ........................................................................................................................................ 11

E. Trade History....................................................................................................................................... 12

F. Trading ................................................................................................................................................ 13

G. Trade orders ........................................................................................................................................ 15

H. Analytics .............................................................................................................................................. 21

I. User Interface ..................................................................................................................................... 23

J. Toolbar ................................................................................................................................................ 25

K. Market Watch ..................................................................................................................................... 26

L. Mailbox ............................................................................................................................................... 27

M. Journal ................................................................................................................................................. 27

MultiTerminal User Guide 2


A. Getting Started

General

MultiTerminal is a part of the MetaTrader 4 online trading system. It is intended for:

managing a set of client accounts;


performing trade operations;
controlling and handling open positions and pending orders;
Receiving quotes and news in the online mode.

MultiTerminal can operate under Microsoft Windows 98SE/ME/2000/XP/2003/Vista. Hardware


requirements are limited to software ones.

Security System

Data exchange between the Terminal and the server is performed by encryption based on 128-bit keys.
This is sufficient to ensure security of trading. However, besides this system, terminal allows to use one
more system: Advanced Security system based on digital signature algorithm of RSA. It is an asymmetric
encryption algorithm that implies presence of a public and a private key. Public key can be freely
distributed and used for checking the authenticity of a message signed with a private key. Knowing of
the public key is guaranteed not to be possible basis for decoding the private one within an acceptable
period of time. Decoding of the private key on the basis of the public one will take tens or hundreds of
years even with modern powerful computers.

Attention:

The Advanced Security system based on electronic digital signatures can be enabled on the server.
If the Advanced Security system is enabled for a trading account, for working at another computer,
it is necessary to transfer the generated RSA keys into this other computer. The keys represent files
with KEY extension and are stored in the /profiles folder.
If either key has been lost or damaged, it is necessary to refer to the brokerage company technical
support service.

Live Update

A live update system (LiveUpdate) is built into the terminal. It allows to get informed about and install
new versions of the program promptly. This system is always enabled, it is impossible to disable it.

The terminal checks for new versions of the program when it connects to the server. If a new version
has been discovered, a new window named "Live Update" will appear, the client will be offered to
download the update(s). To start downloading these updated files, the "Start" button must be pressed.
The updating process and the list of files to be downloaded can be observed in this window. After the

MultiTerminal User Guide 3


updates have been downloaded, the new version of the terminal will be automatically installed and
restarted.

Attention:

If there is no connection to the server, the live updating process will not start.
If any problems with live updating occur, the Technical Support Service should be referred to.

B. Terminal Settings

MultiTerminal is generally set up in a special window that can be called by the "Tools —
Options" menu command or using accelerating keys Ctrl+O. All settings are grouped according to
their tasks and located in the following tabs:

Server - setting up parameters of connection to the server, configuring of the used


proxy server and Data Centers, as well as other important settings;
Trade - parameters of opening new orders by default. They include: financial
instrument (symbol), the amount of lots, lots allocation mode, and deviation;
Email - setting up email parameters. If there is a necessity to send messages by email
directly from the terminal, the parameters of the mailbox to be used must be set up;
Events - setting up signals informing about system events. Signals informing about
connection unavailability, news incomes, and others, simplify the work very much.

Server

Practically, the entire work of the Terminal is based on data (news and quotes) continuously incoming
from the server. If a terminal does not receive quotes, it is impossible to trade with it. Server tab
contains settings of the server connection.

Server
It is necessary to select one of available servers from this list.

MultiTerminal does not allow switching between the servers of different companies, because it
is strongly binded to the servers of a certain company.

Data Center

Data Centers (access points) are a part of the trading platform and represent specialized proxy
servers. They allow saving common traffic: the same quotes and news are given to several
terminals at the same time. Access points are located between the server and a terminal. One
server can have several access points through which all traders will connect to it. After a

MultiTerminal User Guide 4


terminal has been installed, connection to Data Centers is set up automatically. It is highly
recommended not to change anything. Incorrect setting of connections to Data Centers can be
the reason for no connection between the terminal and the server.

If there is a necessity to change settings of Data Centers, it is recommended to contact Technical


Support Service first. All information needed to set up Data Centers correctly can be obtained
there. In the most cases, it is sufficient just to flag "Data Center auto configuration". After that,
the terminal will choose the most preferable access points automatically.

For manual setting of access points, this option must be disabled. Then, in the activated "Data
Center" field, the IP address (or domain name) and port number must be specified. The data
must have the following format: "[Data Center internet address] : [port number]". The settings
must be checked by pressing the "Test" button located to the left of this field. If settings are
correct, the corresponding message will appear. After that, it will be possible to start working. If
an error message appears, the Technical Support service must be contacted to solve the
problem.
Attention:
o It is not recommended to set up access to Data Centers manually without a special need.
Proxy Server

Connection to internet through a proxy server can be another reason for which the server
cannot be connected to. A proxy server is an intermediate between the trader's computer and
the trading server. It is mostly used by internet providers or by local networks. If a connection
problem occurs, you should turn to your systems administrator or to the internet provider. If a
proxy is used, the terminal must be set up in a corresponding way. Setting of "Enable proxy
server" checkbox will enable proxy server support and activate the "Proxy..." button. Pressing of
this button will open the window where proxy server parameters should be specified (these
data can be given by the system administrator or by internet provider):

Server — proxy server address and type (HTTP, SOCKS5, or SOCKS4);


Login — a user login for access to the proxy server. If login is not needed, this field must
remain empty;
Password — a password for access to the proxy server. If password is not needed, this
field
must remain empty.
After the parameters have been specified, it is recommended to press the "Test" button
to check how the settings work. If they have been tested successfully, the "OK" button must
be pressed in order the settings to be effective. Error message means that the proxy server was
set up incorrectly. To find out about the reasons, the system administrator or internet
provider must be contacted again.

Personal data
Terminal is intended to manage a set of client accounts. When adding accounts it is necessary to

MultiTerminal User Guide 5


specify login (account number) and password. After an account has been added and if "Keep
personal settings and data at startup" option is enabled, its password will be stored at the hard
disk. When connecting the account to the server, this password will be used to connect the
account automatically. If the option is disabled, a password must be entered manually at each
connection of the account. Also, all personal mails, received by the internal mail system, will be
deleted if option is disabled.
News
Terminal allows to receive financial news promptly. They start to income just after connection to
the server. No news issued when the terminal is disconnected will income in it. To enable news
delivering, it is necessary to flag "Enable news".

Trade

Settings used for orders opening are grouped in the Trade tab. Parameters input here facilitate opening
of orders and cannot cause critical changes in the terminal operation.

Symbol by Default

The "Symbol by default" option allows to define the symbol value when a trading operation is
performed. The "Last used" parameter means that the symbol of the latest trade operation will
be set automatically. For the same symbol to be set repeatedly, the "Default" parameter must
be enabled, and the necessary symbol must be chosen from the list.

Lots by Default

In the similar way, the initial amount of lots can be defined ("Lots by default" option): "Last
used" is a parameter used in the previous operation, and "by default" is a constant, manually set
value.

Lots Allocation

When placing new orders, it is necessary to specify the total lots allocation for all accounts. The
specified total lots will be distributed among accounts according to the specified lots allocation
method:

o Predefined volume — it will be necessary to specify manually the lots amount for each
order when placing the order, later this predefined volume will apply at placing orders.
o Total volume for each order — the total lots will apply at placing each order.
o Equal parts — the total lots will be allocated among all orders in equal parts.
o By equity ratio — the total lots will be allocated among orders based on the ratio
between equities of accounts.
o By free margin ratio — the total lots will be allocated among orders on the ratio
between free margins of accounts.

MultiTerminal User Guide 6


Attention: When the total volume is allocated between orders on accounts with
different deposit currencies based on equity ratio or free margin ratio, the equity or free
margin are adduced to the Summary Currency that can be chosen in the context menus of
the Accounts panel and of the Orders or History tabs.

The "Lots Allocation" option allows defining of the method to allocate lots among accounts
at placing orders: "the last used value" — parameter used in the preceding operation, or
"by default" — lots allocation method defined manually.

Deviation
The symbol price can change within the ordering time. As a result, the price of the prepared
order will not correspond with the market one, and position will not be opened. The "Deviation"
option helps to avoid this. Maximum permissible deviation from the value given in the order can
be specified in this field. If prices do not correspond, the program will modify the order by itself
what allows to open a new position.

Email

In the Email tab, the electronic mailbox is set up. Later on, these settings will be used to send message
by a triggered alert. To start setting up of e-mail, the "Enable" must be enabled and the following fields
must be filled out:

SMTP server - address of the SMTP server used and port. The given server will be used
for sending messages. The entry must have the following format "[internet address-
server address]:[port number]". For example, "192.168.0.1:443", where "192.168.0.1" is the
server address, and "443" is the port number;
SMTP login — login to authorize at the mail server;
SMTP password — authorization password;
From — e-mail address from which messages will be sent;
To — e-mail address to which messages will be sent.

Attention: Only one e-mail address may be specified for either of fields "From" and "To". Several e-mails
given with or without separators will not be accepted.

"Test" sends a test message using the settings specified to test their workability. If it has been tested
successfully, the "OK" button must be pressed to apply these settings. If test is unsuccessful, it is
recommended to check all settings and resend the test message.

Events

Signals of system events can be set up in the terminal (not to be mixed up with alerts). It is a very
convenient tool informing about changes in the terminal status. Signals can be set up in this tab. For this

MultiTerminal User Guide 7


to be done, the "Enable" option must be enabled first. At that, a table containing the list of system
events and corresponding actions will become active. System events are:

Connect — connection to the server. Signal of successful connection to the server;


Disconnect — no connection to the server. Signal of interrupted connection to the server;
Email Notify — notifying about an incoming mail. If this signal has triggered, it is recommended
to check the "Toolbox — Mailbox" window;
Timeout — a certain time range is predefined for performing trade operations. If this range has
been exceeded for some reason, the operation will not be performed, and this signal will trigger;
OK — trade operation has been successfully performed. No errors occurred during performing
of this operation;
News — receiving of news. If this signal has triggered, it is recommended to check the "Toolbox
— News" window;
Requote — price changed during preparation of a trade operation.

If there is a need to disable any of the signals, it is necessary to double-click on its name or icon with the
left mouse button. Another double click will activate it again. After the signal has triggered, the file
specified in the "Action" field of the corresponding event will run. A double click on the file name allows
changing the file. After double-clicking a pop-up list of available files to be assigned for the event will
appear. Selection of any file from this list and further Enter button pressing means that it is assigned to
the corresponding event. To confirm all changes made, one has to press the "OK" button.

Attention: Any file executable in the operation system can be assigned to the event.

C. Client Accounts

Adding Accounts

MultiTerminal is intended for multi-account management. Accounts that can be managed using the
terminal are listed in the "Accounts" window. If one needs to manage one more account, he or she must
add this account into the terminal. A new account to be managed can be added using the "File — New
Account" menu command, the corresponding button in the toolbar, or using the "New Account"
command of the "Accounts" window context menu.

When adding an account, it is necessary to enter login (account number) in the "New Account" window.
The account password can also be entered.

Attention: If the option of keeping personal details is enabled in the server settings, the entered
password will be stored on the hard disk and used at the next connection to the server. Otherwise, it will
be necessary to enter password manually every time when starting connection.

MultiTerminal User Guide 8


An account can be deleted from the list of managed accounts using the "Delete Account" command of
the "Accounts" context menu.

Connecting Accounts

To start managing trade accounts, it is necessary to connect them to the server. News, quotes, mail
messages start to income in the terminal after connection, one can manage trade positions and place
orders then.

One can connect all accounts to the server using the "File — Connect All" menu command, the
corresponding button in the toolbar, or the "Connect All Accounts" command of the "Accounts" window
context menu. A separate account can be connected to the server using the "Connect Account"
command of the "Accounts" window context menu.

Attention: The terminal sets limitations on the amount of demo accounts connected simultaneously.
Only 10 demo accounts from the list of managed accounts can be connected to the server
simultaneously. As for real accounts, the maximal number of simultaneously connected accounts is 128.

One can disconnect all accounts from the server using the "File — Disconnect All Accounts" menu
command, the corresponding button in the toolbar, or the "Disconnect All Accounts" command of the
"Accounts" window context menu. A separate account can be disconnected from the server using the
"Disconnect Account" command of the "Accounts" window context menu.

If there are connected accounts with different deposit currencies, an additional command "Summary
currency" appears in the context menu. It allows choosing the currency that will be used for the
representation of the total result of all accounts; also it affects the calculation of the allocation of the
total volume between orders when opening positions.

Account Details

After the account has been connected to the server, it is possible to view the account details. The
window displaying the account details appears after selection of the "Account Details" in the "Accounts"
window context menu or after a double click on the account.

The "Trade" tab of this window displays the current open positions of the account, the account balance
line and the financial results of open positions, as well as pending orders placed. All trade operations are
displayed as a table containing the following fields (from left to right):

Order — the operation ticket number. This is the unique number of the trade operation;
Time — time when the position was opened. The record appears as YYYY.MM.DD
HH:MM (year.month.day hour:minute). It is this time when the position was opened;

MultiTerminal User Guide 9


Type — type of the trade operation. There are some types of trade operations available:
"Buy" — a long position, "Sell" — a short position, and pending orders Sell Stop, Sell Limit,
Buy Stop and Buy Limit;
Symbol — this field shows the name of security used in a trade operation;
Lots — the amount of lots used in the operation. The minimum amount of lots allowed
in operations is limited by the brokerage company, the maximum — by deposit available;
Price — open price of a position (not to be confused with the current price described below).
It is this price at which the position was opened;
S/L — level of the Stop Loss order placed. If the order is not specified, zero value will be
entered in this field. If an order was closed by Stop Loss or the distance between the current
price and the Stop Loss level of an open order is equal to 1 point, this order field will be
red-colored. One can find more details about order management in the corresponding section;
T/P — level of the Take Profit order placed. If the order is not specified, zero value will
be entered in this field. If an order was closed by Take Profit or the distance between the
current price and the Take Profit level of an open order is equal to 1 point, this order field will
be green-colored.
One can find more details about order management in the corresponding section;
Time — close time of a position. The record appears as YYYY.MM.DD HH:MM (year. month.
day hour: minute). This field must be empty for open positions and pending orders placed;
Price — the current price of the security (not to be confused with the open price of the
position described above) or the close price of a position;
Commission — fees charged by the brokerage company for trading operations made are written
in this field;
Taxes — taxes charged on commission;
Swap — swaps are fixed in this field;
Profit — the financial result of the trade considering the current price is given in this field.
A positive value means that the trade was profitable, a negative value means that the trade
was losing;
Expiration — expiration time for a pending order. This field must be empty for market
orders and for those pending orders, for which the expiration time was not specified.

The profit of positions can be displayed in points, in the term currency or in the deposit currency using
the context menu commands. The account trading history can be requested using the "History"
command of the context menu or a corresponding button. The same time the window in which you
should specify one of the predefined periods or a concrete time range of the request will appear. The
"Save As" context menu command and the corresponding button allow saving a report about the
account trading as a HTML file.

Security Tab

The "Security" tab of the "Account Details" window allows changing the master or the investor's
password of the account. To change a password, it is necessary to enter the current password of the
account, its new password, then confirm the new password and press "Change".

MultiTerminal User Guide 10


D. Open Orders

Currently open positions and pending orders placed are displayed in the "Orders" tab. All trade
operations are shown as a table with the following fields (from left to right):

Order — the operation ticket number. This is the unique number of the trade operation;
Login — trade account number;
Time — time when the position was opened. The record appears as YYYY.MM.DD
HH:MM (year.month.day hour:minute). It is this time when the position was opened;
Type — type of the trade operation. There are some types of trade operations available:
"Buy" — a long position, "Sell" — a short position, and pedning orders Sell Stop, Sell Limit,
Buy Stop and Buy Limit;
Symbol — this field shows the name of a security used in a trade operation;
Lots — the amount of lots used in the operation. The minimum amount of lots allowed
in operations is limited by the brokerage company, the maximum — by deposit available;
Price — open price of a position (not to be confused with the current price described below).
It is this price at which the position was opened;
S/L — level of the Stop Loss order placed. If the order is not specified, zero value will be
entered in this field. If the distance between the current price and the Stop Loss level becomes
less than or equal to 10 points, this field of the order is colored red. If the distance shortens to
1 point, it becomes
yellow. One can find more details about order management in the corresponding section;
T/P — level of the Take Profit order placed. If the order is not specified, zero value will
be entered in this field. If the distance between the current price and the Take Profit level
becomes less than or equal to 10 points then this field of the order is colored green. If
the distance shortens to 1 point, it becomes
yellow. One can find more details about order management in the corresponding section;
Price — the current price of the security (not to be confused with the open price of a
position described above);
Commission — fees charged by the brokerage company for trading operations made are
written in this field;
Taxes — taxes charged on commission;
Swap — swaps are fixed in this field;
Profit — the financial result of the trade considering the current price is given in this field.
A positive value means that the trade was profitable, a negative value means that the trade
was losing;
Expiration — expiration time for a pending order. This field must be empty for market
orders and for those pending orders, for which the expiration time was not specified.
Comment — the order comment specified at its placing.

The profit of positions can be displayed in points, in the term currency or in the deposit currency using
the context menu commands. The account trading history can be requested using the "History"
command of the context menu or a corresponding button. The "Save" context menu command and the
corresponding button allow saving a report about the account trading as a HTML file.

MultiTerminal User Guide 11


If there are connected accounts with different deposit currencies, an additional command "Summary
currency" appears in the context menu. It allows choosing the currency that will be used for the
representation of the total result of all accounts, also it affects the calculation of the allocation of the
total volume between the orders when opening positions

E. Trade History

The "History" tab displays closed positions and canceled pending orders of the account. All trade
operations are displayed as a table with the following fields (from left to right):

Order — the operation ticket number. This is the unique number of the trade operation;
Login — trade account number;
Open Time — time when the position was opened. The record appears as YYYY.MM.DD
HH:MM (year.month.day hour:minute). It is this time when the position was opened;
Type — type of the trade operation. There are some types of trade operations available:
"Buy" — a long position, "Sell" — a short position, and pending orders Sell Stop, Sell Limit,
Buy Stop and Buy Limit;
Lots — the amount of lots used in the operation. The minimum amount of lots allowed
in operations is limited by the brokerage company, the maximum — by deposit available;
Symbol — this field shows the name of security that is used in the trade operation;
Price — open price of the position (not to be confused with the current price described
below). It is this price at which the position was opened;
S/L — level of the Stop Loss order placed. If the order is not placed, zero value will be entered
in this field. If an order was closed by Stop Loss, this field has a red
background. One can find more details about order management in the corresponding section;
T/P — level of the Take Profit order placed. If the order is not placed, zero value will be
entered in this field. If an order was closed by Take Profit, this field has a green
background. One can find more details about order management in the corresponding section;
Close Time — time of closing a position or time of pending order deletion. The record
appears as YYYY.MM.DD HH:MM (year.month.day hour:minute);
Price — close price of the position;
Commission — fees charged by the brokerage company for trading operations made are
written in this field;
Taxes — taxes charged on commission;
Swap — swaps are fixed in this field;
Profit — the financial result of the trade considering the current price is given in this field.
A positive value means that the trade was profitable, a negative value means that the trade
was losing;
Expiration — expiration time for a pending order. This field must be empty for market
orders and for those pending orders, for which the expiration time was not specified.
Comment — the order comment specified at its placing.

12
The profit of positions can be displayed in points, in the term currency or in the deposit currency using
the context menu commands. The account trading history can be requested using the "History"
command of the context menu or a corresponding button. The "Save " context menu command and the
corresponding button allow saving a report about the account trading as a HTML file. Using the
corresponding commands of the context menu, one can request for the accounts trading histories for
various periods. The chosen period also affects reports that are saved using the corresponding
command mentioned above.

If there are connected accounts with different deposit currencies, an additional command "Summary
currency" appears in the context menu. It allows choosing the currency that will be used for the
representation of the total result of all accounts; also it affects the calculation of the allocation of the
total volume between the orders when opening positions.

F. Trading

Order Types

MultiTerminal allows preparing requests and requesting the broker for execution of trading operations.
Moreover, terminal allows controlling and managing open positions. For these purposes, several types
of trading orders are used. Order is a client's commitment to Brokerage Company to perform a trade
operation. The following orders are used in the terminal: Market order, Pending order, Stop Loss and
Take Profit.

Market Order

Market order is a commitment to the brokerage company to buy or sell a security at the current
price. Execution of this order results in opening a trade position. Securities are bought at ASK price
and sold at BID price. Stop Loss and Take Profit orders (described below) can be attached to a
market order. Execution mode of market orders depends on the security traded.

Pending Order

Pending order is the client's commitment to the brokerage company to buy or sell a security at a
pre-defined price in the future. This type of orders is used for opening a trade position provided the
future quotes reach the pre-defined level. There are four types of pending orders available in the
terminal:

1. Buy Limit — buy provided the future "ASK" price is equal to the pre-defined value. The current
price level is higher than the value of the placed order. Orders of this type are usually placed in
anticipation of that the security price, having fallen to a certain level, will increase;
2. Buy Stop — buy provided the future "ASK" price is equal to the pre-defined value. The current
price level is lower than the value of the placed order. Orders of this type are usually placed in
anticipation of that the security price, having reached a certain level, will keep on increasing;

MultiTerminal User Guide 13


3. Sell Limit — sell provided the future "BID" price is equal to the pre-defined value. The current
price level is lower than the value of the placed order. Orders of this type are usually placed in
anticipation of that the security price, having increased to a certain level, will fall;
4. Sell Stop — sell provided the future "BID" price is equal to the pre-defined value. The current
price level is higher than the value of the placed order. Orders of this type are usually placed in
anticipation of that the security price, having reached a certain level, will keep on falling.

Orders of Stop Loss and Take Profit can be attached to a pending order. After a pending order has
triggered, its Stop Loss and Take Profit levels will be attached to the open position automatically.

Stop Loss

This order is used for minimizing losses if the security price has started to move in an unprofitable
direction. If the security price reaches this level, the position will be closed automatically. Such
orders are always attached to an open position or a pending order. The brokerage company can
place them only together with a market or a pending order. Terminal checks long positions with BID
price for meeting of this order provisions, and it does with ASK price for short positions.

Take Profit

Take Profit order is intended for gaining the profit when the security price has reached a certain
level. Execution of this order results in closing a position. It is always attached to an open position or
a pending order. The order can be requested only together with a market or a pending order.
Terminal checks long positions with BID price for meeting of this order provisions, and it does with
ASK price for short positions.

Attention:

execution prices for all trade operations are defined by the broker;
Stop Loss and Take Profit orders can only be executed for an open position, but not for pending
orders.

MultiTerminal User Guide 14


Types of Execution

There are three order execution modes in the MultiTerminal:

Instant Execution

In this mode, the order is executed at the price offered to the broker. At sending the order to be
executed, terminal sets the current prices in the order. If a broker accepts the prices, the order
will be executed. If not, the so-called "Requote" will occur: broker returns prices at which the
order can be executed.

Execution on Request

In this mode, the market order is executed at the price previously received from the broker.
Prices for a certain market order are requested from the broker before the order is sent. After
the prices are received, order execution at the given price can be either confirmed or rejected.

Execution by Market

In this order execution mode, a broker makes a decision about the order execution price
without any additional discussion with the trader. Sending of the order in such a mode means
advance consent to its execution at this price.

Attention: Execution mode for each security is defined by the brokerage company.

G. Trade orders

New Order

Opening of a position or entering the market is the initial buying or selling of a certain volume of the
traded security. A position will be opened both at execution of a market order and at automated
execution of a pending order.

Market Order

Positions can be opened using the "New Order" tab. Positions for all or some of the managed accounts
can be opened in this tab. Every connected account is represented as a table line. If there is no need to
open positions for an account, this account line in the table must be unchecked.

When opening positions, it is necessary to specify their details:

MultiTerminal User Guide 15


Symbol — the security, on which positions are being opened.
Stop Loss — Stop Loss order level (optional).
Take Profit — Take Profit order level (optional).

Attention: Zero values of Stop Loss and Take Profit orders mean that the orders have not
been placed at all.

Comment — non-obligatory comment. Its length may not exceed 25 characters. The
brokerage company can add to the comment its own information up to 6 characters long or
completely replace it. After the position has been opened, the comment cannot be changed.
Total Volume — total volume (total amount of lots) of trades in accounts. The total volume
is allocated among accounts according to the preset volume allocation method.
Lots Allocation — method of the total volume allocation among accounts:
o Predefined volume — the predefined volume will be used at placing orders. It will be
necessary to specify manually the lots amount for each order by double-clicking in the
"Volume" field, later this predefined volume will apply at placing orders.
o Total volume for each order — the total volume will be used at placing of every order.
o Equal parts — the total volume will be allocated among all orders in equal parts.
o On equity ratio — the total volume will be allocated among orders according to the
accounts equity ratio.
o On free margin ratio — the total volume will be allocated among orders according to the
accounts free margin ratio.

Attention: When the total volume is allocated between orders on accounts with different
deposit currencies based on equity ratio or free margin ratio, the equity or free margin are adduced
to the Summary Currency that can be chosen in the context menus of the Accounts panel and
of the Orders or History tabs.

Maximum deviation from quoted price — the maximum deviation value given in points. If
the broker requotes, the new price deviation from the previously quoted price is calculated. If
this deviation is less or equal to the preset parameter, the order will be executed at the new
price without any further notifications. Otherwise, the broker returns new prices, at which the
order can be executed.

Attention: The deviation in placing orders is only used in the Instant Execution mode.

After all necessary data have been specified, it is necessary to press "Sell" or "Buy". The order to open a
short or a long position, respectively, will be sent to the broker. If it is necessary, one can send the order
to open a position for only one account by pressing the corresponding button in the account line.

Attention: If the orders are executed by request for the selected security, it is necessary to
press "Request" before the quotes start incoming. The quotes incoming after request will be active for
only a few seconds. If no decision is made within this period of time, "Sell" and "Buy" will be blocked
again.

MultiTerminal User Guide 16


If Stop Loss and Take Profit levels were too close to the current price during opening the position, the
message of "Invalid S/L or T/P" will appear. It is necessary to move the levels from the current price and
re-request to place the order. The trade position will be opened after the brokerage company has made
a trade and placed Stop Loss and Take Profit.

Attention: If nothing happens when pressing the "Sell" or "Buy" buttons, you should check the
correctness of the Stop Loss and Take Profit orders. For example, the order will not be placed if you set
the value of the Stop Loss larger than Take Profit when trying to buy.

Pending orders

To open a position using a pending order, it is necessary to place it as described in the "Pending Order"
section. If the current prices comply with the order condition, the pending order will be executed
automatically, i.e. a new trade position will be opened. If Stop Loss and Take Profit orders were attached
to the pending order, they will be automatically attached to the newly opened position.

Close Order

Buying or selling a security opens a trade position. Then, to gain profits on bid-and-ask prices, it is
necessary to close the position. Trade operation of closing a position is an inverse operation compared
to the opening operation. For example, if the first trade operation was buying 1 lot of GOLD, one has to
sell 1 lot of the same security to close the position. Positions can be closed in three ways: close of a
single position, close of a position by an opposite position, and multiple close of all opposite positions.

Closing a Single Position

Positions can be closed manually in the "Close" tab. All or some of positions can be closed in this tab for
all or selected managed accounts. Every connected account that has open positions and every open
position are represented as a table line. If there is no need to close positions for an account, the line of
this account must be unchecked in the table. If not all positions need to be closed, the necessary
positions must be checked in the table.

When positions of a symbol are closed in the Instant Execution mode, one can preset the maximum
permissible deviation from the requested price. If the broker requotes, the deviation of the requoted
price from the initially requested one is calculated. If the deviation is less or equal to the preset
parameter, the order will be executed at the requoted price without any further notifications.
Otherwise, the broker returns new prices, at which the order can be executed.

If it is necessary, one can send an order to close positions of only one account or to close only one
position by pressing "Close" in the account line or in the position line.

MultiTerminal User Guide 17


Attention:

in the mode of Request Execution, the proposed quotes will be active for only a few seconds. If
no decision is made within this period of time, "Close" will be blocked again;
the terminal allows partial close of a position. For this, before pressing "Close", one has to
specify in the "Volume" field a smaller value than that of the open position;
broker can close positions, too. For example, this can be done if the price reaches the "Stop
Out" level set up by the broker.

A single open position will be closed automatically if prices reach levels of the Stop Loss or Take Profit
orders.

Attention: When a long position is being closed, the Bid price must reach the stop order level (Stop Loss
or Take Profit), for short positions - the Ask price should reach those levels.

Close By Order

An opposite position on the same symbol is considered as counter position to the given one. If there is
one or more counter positions among open positions, the selected position can be closed by the counter
one.

Counter positions can be closed using the "Close By" tab. In this tab, one can close a position by a
counter position for all or selected accounts managed. Each connected account, for which there are
open counter positions, is represented as a table line. If there is no need to close positions for an
account, this account must be unchecked in the table. The position to be closed must be first selected in
the account line (in its popup positions list), then check a counter position in the list of opposite
positions and press "Close".

If counter positions have different amounts of lots, only one of them remains opened. The volume (the
amount of lots) of this position will be the difference between volumes of positions just closed. The
direction (short or long) and the open price of this new position will be equal to the greater (in volume)
of positions closed.

Multiple Close By Order

Multiple close of several counter positions allows closing more than two counter positions for one
symbol simultaneously.

Several counter positions will be closed using the "Multiple Close By" tab. Counter positions for all or
some of the managed accounts can be closed in this tab. Every connected account that has open
counter positions and every open position are represented as table lines. If there is no need to close

MultiTerminal User Guide 18


positions for an account, this account line must be unchecked in the table. To close counter positions for
a symbol, it is necessary to press "Multiple Close By".

If the difference between counter positions volume sums is not equal to zero, the operation will result in
opening a new position with the volume equal to this difference. The newly opened position will further
participate in multiple close, but according to its open time (earlier orders are closed at first). And so on
until either all positions are closed or the last resulting position is opened.

Pending Order

Pending orders can be placed using the "Pending" tab. Pending orders for all or some of the managed
accounts can be placed using this tab. Every connected account is represented as a table line. If there is
no need to place a pending order for an account, this account must be unchecked in the table.

At placing pending orders, it is necessary to specify their details:

Symbol — the security, for which pending orders are placed.


Stop Loss — Stop Loss order level (optional).
Take Profit — Take Profit order level (optional).

Attention: Zero values of Stop Loss and Take Profit orders mean that the orders are not placed at all.

Comment — non-obligatory comment. Its length may not exceed 25 characters. The
brokerage company can add to the comment its own information up to 6 characters long or
completely replace it. After the position is opened, the comment cannot be changed.
Total Volume — total volume (total amount of lots) of trades in accounts. The total volume
is allocated among accounts according to the preset volume allocation method.
Lots Allocation — method of the total volume allocation among accounts:

o predefined volume — the predefined volume will be used at placing orders. It will be
necessary to specify manually the lots amount for each order by double-clicking in the
"Volume" field, later this predefined volume will apply at placing orders.
o total volume for each order — the total volume will be used at placing of every order.
o equal parts — the total volume will be allocated among all orders in equal parts.
o on equity ratio — the total volume will be allocated among orders according to the
accounts equity ratio.
o on free margin ratio — the total volume will be allocated among orders according to
the accounts free margin ratio.

Attention: When the total volume is allocated between orders on accounts with
different deposit currencies based on equity ratio or free margin ratio, the equity or free
margin are adduced to the Summary Currency that can be chosen in the context menus
of the Accounts panel and of the Orders or History tabs.

Open Price — price level, at which the order must trigger.

MultiTerminal User Guide 19


Type — type of the pending order: Buy Limit, Buy Stop, Sell Limit, or Sell Stop.
Expiry — set the time period, within which the order is valid (optional). If the order does
not trigger until this time, it will be deleted automatically.

Attention: The expiration value may not be less than 10 minutes.

After all necessary data have been entered, it is necessary to press "Place". A pending order execution is
divided into two stages. After the order has been requested, the broker places it. At the second stage, if
prices comply with the order conditions, the order will be deleted and a trade position will be opened
instead. This open position ticket will coincide with the pending order ticket. If it is necessary, the
pending order can be placed for only one account by pressing the corresponding button in the account
line in the table.

Attention:

Stop Loss and Take Profit orders trigger only on open positions and do not work on pending
orders.
If an order is not placed when pressing the "Place" button you should check the correctness of
the Stop Loss and Take Profit orders. For example, an order will not be placed if you set the
value of the Stop Loss larger than Take Profit when trying to buy.

Modify Order

Modifying of the current position is setting new stop order levels (Stop Loss or Take Profit). For pending
orders open price and expiration time can also be changed. Positions and pending orders are modified in
the "Modify" tab. All or some of positions or orders can be modified in this tab for all or some of the
managed accounts. Every connected account that has open positions or pending orders and every open
position are represented as table lines. If there is no need to modify positions and orders for an account,
the corresponding line in the table must be unchecked. If only some of positions or orders should be
modified, these positions or orders should be checked in the table.

When modifying orders, the fields to be changed must be checked and the new data must be entered:

Stop Loss — the level of a Stop Loss order.


Take Profit — the level of a Take Profit order.

Attention: Zero values of Stop Loss and Take Profit mean that these orders were not placed
at all.

Open Price — price level, at which the pending order must trigger.
Expiry — set the expiration time for a pending order. If the order does not trigger before this
time, it will be deleted automatically.

Attention: The expiration time may not be less than 10 minutes.

MultiTerminal User Guide 20


If it is necessary, positions and orders can be modified for only one account, or one can modify only one
position or order by pressing "Modify" in the account line or in the order line.

Attention: The "Modify" buttons will become active after you correctly specify the above
mentioned parameters.

If the levels of Stop Loss and Take Profit are too close to the current price during order modifying, the
message of "Invalid S/L or T/P" will appear. The stop levels must then be moved from the current price
and the repeated request for placing stop orders should be sent. A trade position will be opened after
the brokerage company has executed a trade operation and placed Stop Loss and Take Profit.

Delete Order

Should the market situation change, there can be the need to delete a pending order. Pending orders
can be deleted using the "Delete" tab. Some or all pending orders for some or all managed accounts can
be deleted in this tab. Every connected account that has pending orders and every pending order are
represented as table lines. If there is no need to delete pending orders for an account, the line of this
account in the table must be unchecked. If there is a need to delete only some of pending orders, they
must be checked in the table.

If it is necessary, pending orders can be deleted for only one account or one can delete only one pending
order by pressing "Delete" in the account line or the order line, respectively.

H. Analytics

Alerts

Alerts tab contains information about created alerts. The alerts are intended for signaling about events
in the market. Having created alerts, one may leave the monitor as the multiterminal will automatically
inform about the server events.

All alerts in this tab are represented as a table with the following fields:

Symbol — security, the data on which are used to check for the condition specified. If the
"Time=" parameter (alert triggering at the pre-defined time) was selected as a condition, the
symbol does not matter;
Condition — condition under which the alert will trigger. The following can be used as such
a condition:
1. Bid> — the Bid price is higher than the specified value. If the current Bid price exceeds the
given value, the alert will trigger;
2. Bid< — the Bid price is lower than the specified value. If the current Bid price goes under the
given value, the alert will trigger;

MultiTerminal User Guide 21


3. Ask> — the Ask price is higher than the specified value. If the current Ask price exceeds the
given value, the alert will trigger;
4. Ask< — the Ask price is lower than the specified value. If the current Ask price goes under
the given value, the alert will trigger;
5. Time= — time is equal to the given value. As soon as this time comes, the alert will trigger.
Counter — the amount of alert triggerings;
Limit — maximum permissible amount of the alert triggerings. Having triggered this given amount
of times, the alert will stop triggering;
Timeout — the period of time between alert triggerings;
Event — the action to be performed. This can be an audio signal, a file executable in
operational environment, or a message sent by email.

Alerts Management

The following context menu commands are intended for managing alerts:

Create — create a new alert. The same action can be performed by pressing the Insert key;
Modify — edit the alert. The same action can be performed by double-clicking on the alert
name in the table or by pressing the Enter key;
Delete — delete the alert. This action can also be performed by pressing the Delete key;
Enable / Disable — enable/disable the alert. The alert will not be deleted when disabled, but
it stops to trigger. It can be enabled later. The same action can be performed by pressing the
Space key or enabling in the alert setup window (described below).

Attention: To manage alerts with the keyboard, one should activate this window first. To do so, it is
necessary to click with the left mouse button in the window.

One can start modifying an alert by double-clicking of the left mouse button in the alert information line.
In this case, as well as at execution of the "Modify" and "Create" context menu commands, the alert
editor window will appear:

Enable — alert on/off. When the alert is off, it is not deleted, but it will stop functioning.
This option is similar to the "Enable On/Off" context menu command and pressing of the Space
key;
Action — assign an action to be performed when an event happens: play a sound, run a file,
or send an email. When playing a sound or running a file, one should specify the corresponding
files. At sending a message, one should specify the topic and text of the message;
Symbol — security, the values of which will be used to check the condition;
Condition — condition ("Time=", "Bid<", "Bid>", "Ask<", "Ask>") under which the alert
will trigger;
Value — check the value of the condition. If the symbol price is equal to this value, the alert
will trigger;

MultiTerminal User Guide 22


Source — the alert. When a sound is played or a file is run, one should specify the path to
the corresponding file. When a message is sent by email, one should input the message. It
must be noted that one should set up email parameters for sending message;
Timeout — the time period between alert triggerings;
Maximum iterations — maximum amount of times the alert triggering repeats.

The "Test" button allows to check the usability of the selected alert. For changes to come into effect,
one must press the "OK" button.

Attention: To send messages about events happened, one has to set up mailbox parameters in
the program settings.

I. User Interface

Main Menu

File Menu

The File menu contains commands for managing accounts, and for printing and saving reports. The
following commands are available in the menu:

Connect All — connect all account to the server;


Disconnect All — disconnect all accounts from the server;
New Account — add new account to the list of managed accounts;
Save — save the list of orders or accounts history;
Print — print the list of orders or accounts history;
Print Preview — preview before printing;
Print Setup — common print setup;
Exit — close the program.

Edit Menu

The Edit menu contains find and copy commands. The following commands are available in the menu:

Copy — copy selected data into clipboard;


Find — finding a list element according to the given criterion;
Find Next — continue the search and find the next list element.

MultiTerminal User Guide 23


View Menu

The View menu contains commands for managing signal windows, toolbar, and the program interface
language. Some of these commands are duplicated in the toolbar. The following commands are
available in the menu:

Languages — call the sub-menu managing languages of the terminal. Having selected a
desired language, one can switch the terminal interface to this language. For the changes to take
effect, the program must be restarted.

Toolbar — show or hide the toolbar of the terminal.

Status Bar — show or hide a status bar located in the lower part of the terminal window.

Market Watch — open/close the "Market Watch" signal window where the current quotes
are published. The same action can be performed by accelerating buttons of Ctrl+M or by pressing
the corresponding button of the toolbar.

Accounts — open/close the "Accounts" window where the list of managed accounts is located.
The same action can be performed by accelerating buttons of Ctrl+A or by pressing the
corresponding button of the toolbar.

Toolbox — open/close the "Toolbox" window. One can manage signals in this window, look through
the news, emails, and journal. The same action can be performed by accelerating buttons of Ctrl+T or by
the corresponding button of the toolbar.

Full Screen — enable/disable the full screen mode. As soon as this option is enabled, toolbar and
status bar will be disabled and all signal windows will be closed. The terminal heading, main menu,
workspace remain on the screen. The repeated execution of the command returns the terminal
to the initial appearance.
The same action can be performed by F11 button or by the corresponding button of the toolbar.

Tools Menu

The Tools menu contains the only command to open terminal settings window.

Options — open the terminal setting window. One can set up parameters for connection, trades,
emails, and events in this window. More details can be found in the "Terminal Settings" section. The
Options window can also be called by accelerating keys of Ctrl+O or by a corresponding button of the
toolbar.

MultiTerminal User Guide 24


Window Menu

The Window menu contains commands for switching between order and trade windows.

Orders — switch to open orders window;


History — switch to trade history window;
New Order — switch to new orders window;
Close Order — switch to close orders window;
Close By — switch to close by orders window;
Multiple Close By — switch to multiple close by orders window;
Pending Order — switch to placing pending orders window;
Modify Order — switch to modifying orders window;
Delete Order — switch to deleting pending orders window;

Help Menu

The Help menu is auxiliary. Execution of the menu commands does not influence the terminal operation
in any way. One can do the following from this menu:

Help Topics — open the built-in help files containing this present User Guide. All settings and
functions of the MultiTerminal are described in it. F1 button performs the same action.
About... — open the "About..." window where one can find information about the company, its
contact details, and the terminal version, as well.

J. Toolbar

The main commands used in the terminal are duplicated in the toolbar in the form of buttons. Normally,
the toolbar is placed under the main menu, but it can easily be moved to any program window area.
Toolbar can be shown or hidden by the "View — Toolbar" menu command. Toolbar is customizable,
what allows placing only necessary, often used commands in it. To set up a toolbar, one has to open its
context menu (right mouse-button click) and execute the "Customize..." command.

The following commands are available in the toolbar:

Connect All — connect all accounts to the server;


Disconnect All — disconnect all accounts from the server;
New Account — add a new account to the list of managed accounts;
Save — save the list of orders or accounts history;
Print — print the list of orders or accounts history;
Print Preview — preview before printing;
Find — finding a list element according to the given criterion;
Find Next — continue the search and find the next list element.

MultiTerminal User Guide 25


Market Watch — open/close the "Market Watch" signal window.
Accounts — open/close the "Accounts" window.
Toolbox — open/close the "Toolbox" window.
Full Screen — enable/disable the full screen mode.
Options — open the terminal setting window.
Help Topics — open the built-in help files containing this present "User Guide".

K. Market Watch

The securities (symbols), for which the terminal gets quotes from the server, are listed in the "Market
Watch" window. The data are represented in this window as a table having several fields. The "Symbol"
field contains the security name, the fields of "Bid", "Ask", and "Time" show the corresponding prices
and time of their income from the server. Values of the "Maximum" and "Minimum" fields are
calculated on the basis of price changes within a day. The "Market Watch" window can be
opened/closed by pressing accelerating keys of Ctrl+M, by the "View — Market Watch" menu
command, or by pressing the corresponding button of the toolbar.

At the right mouse button click in the "Market Watch" window, the context menu will appear where the
following commands are available:

Tick Chart — open the tick chart of the symbol selected. The tick chart is located directly in the
"Market Watch" window. The tick chart of the selected symbol can also be viewed by switching
to the tab of the same name in the same window.
Hide — delete (hide) the symbol from the list. To minimize the traffic, it is recommended to
hide unused securities from the quotes window by this command or by pressing of the Delete
button.

Attention: If there are open positions or pending orders for the symbol, the symbol cannot be
deleted.

Hide All — delete all symbols from the list. This command does not apply to securities for
which there are open positions.
Show All — show the list of all available securities. After this command has been
executed, quotes will income for all these symbols.
Symbols — open the window of the same name with a list of all available symbols. Symbols
are grouped in the window according to their types. The "Show Symbol" command allows to
add necessary symbols to the quotes window, and that of "Hide Symbol" — to delete a symbol
from it. The "Properties" window command allows to view the symbol parameters (spread,
digits, stops level, etc.).
High/Low — add the highest and the lowest values of the daily price to the quotes displayed.
Time — show time of incoming quotes.
Auto Arrange — automatic arranging of columns when changing the window size. Auto
Arrange can also be enabled by pressing A button;

MultiTerminal User Guide 26


Grid — show/hide the grid separating columns. The grid can also be shown by pressing
G button;
Popup Prices — open an additional quotes window. The list of symbols in this window is
the same as that in the "Market Watch" window at the moment of the command execution.
This means that changes in the symbol list in the "Market Watch" window do not influence
that in the "Popup Prices". In the context menu of this window, there are commands allowing
to set up data displaying parameters, enable the full screen mode, or locate the window over all
others.

L. Mailbox

The "Mailbox" is intended for working with the internal mailing system. It is in this window of the
"Toolbox" where all messages that income to the terminal are stored. They are represented as a table
with the following fields:

Time — the time of the news incoming;


To — the login of recipient;
From — the sender name;
Subject — the subject of the message.

Using a double-click of the left mouse button on the necessary message or the "View" context menu
command, one can view the content of the selected message, and one can delete a message using the
"Delete" command. Besides, if the brokerage company permits it, one can send messages to the system
administrator or to technical support service from this tab. To do so, one has to execute the "Create"
context menu command, then select a receiver in the appearing window, head the message, write its
text, and press the "Send" button.

Attention: All messages are sent by internal mailing system and do not require any additional settings. If
any problems occur when using the mailbox, it is recommended to refer to the technical support
service.

M. Journal

All operations and events performed are written to special statistics journals that are represented as
text files. The "Journal" section of the "Toolbox" window allows viewing these entries. The information
is represented in the form of the table containing the following fields:

Time — the date and time of an event;

Message — the description of an occurred event.

Only the current day entries are represented in the journal. In order to view earlier entries you should
execute the "Open" command of the context menu. At the same time the folder containing the text files

MultiTerminal User Guide 27


of the journal will be opened. You can copy the selected entry of the journal to the clipboard using the
"Copy" command in the context menu. Also the context menu allows enabling the auto scrolling of
messages (it returns you to the first message if the journal is updated), to enable the automatic sizing of
columns and the displaying of the grid.

MultiTerminal User Guide 28

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