Create or draw a "draft" order

Created at 02 Sep 2021, 00:10
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simongoldstone

Joined 13.08.2020

Create or draw a "draft" order
02 Sep 2021, 00:10


It would be great to be able to draw a draft order on a chart. This would work in a similar way to dragging a buy or sell limit position, and then setting TP and SL targets.

 

However a 'draft' order will not execute. But it allows you to simulate and assess a potential order without actually placing the order for real.

 

You could then drag the order around, play with different stops, etc.

 

If you are happy with your order, you could then execute it or if you prefer you can delete it.

 

A final feature would be to estimate the margin, profit and loss of the draft order should you execute it and should it hit one of the stops. 

 

This would be a great feature because you can simulate trades, assess positions, make informed decisions and understand what affect it would have on your account without the risk of actually executing the order.


@simongoldstone