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New Features in TransAct AT: 07/21/2006
LIT# order type
Limit if Touched. This order type will allow you to enter an order that will work similar to a stop order. When a trade occurs at the stop price a limit order is entered. At the specified number of ticks away from the stop price. This limit price can be above or below the stop price. In order to use this order type the user must set his button actions for the bid and ask quantity columns to “use input.”
Stop column shows on DOM by default
The stop column shows on the Depth of Market screen by default stop orders entered will show in this column.
Drag and Drop
On the Depth of Market screen. By left clicking and holding the left button down on the order quantity in the My column or the Stop column you can drag an order and release it at a new price to modify the order to the new price level.
Brackets/OCO
We now have support for simple bracket orders and trailing stops. You must populate the Target and StopLoss values for a simple bracket. You must choose simple bracket. If Auto is checked, the bracket will be entered automatically upon creation of a position. The bracket can be adjusted by left clicking and holding down on the bracket quantity and dragging and dropping(for both the target and stop.) If auto is unchecked simply clicking Send Bracket Ord will enter the bracket.
Trailing Stops
For a trailing stop, you must choose trailing stop and you must populate target, stop loss and distance. Simply put, if you have a target of 5 tics and a distance of 3 tics, the stop will adjust to 3 tics from the trading price once the 5 tic target is reached.
Flatten Feature
By double-clicking on the position quantity on the Depth of Market screen or in the position column of the Main display you can cancel all orders and flatten you position in a contract.
New Button Action Defaults
From the Trading Ladder Grid:
In Bid Quantity Column:
Left click for buy limits
Right click for buy stops
In Ask Quantity Column:
Left click for sell limits
Right click for sell stops
Left click in My column for click and drag modification Right click in My column for cancel individual price order
Left click in Stop column for click and drag modification Right click in Stop column for cancel individual stop price
Sierra Chart installs and bringing Chart from TransActAT
Sierra Charts can be installed as an option. There is also the ability to launch Sierra Charts from the Main window.
New PNL Realized PNL check
When the Display Realize PNL option is selected from the properties page of the Main window. The Depth of Market screen will show two P&L amounts the box on the left will show the P&L of the current position in real time. The box on the right will show the P&L of any closed positions. These P&L amounts will remain on the screen without the need of double clicking to refresh them.
Optional :One Click Bracket order move from the clicking Price Column
When the One Click Bracket Move option is selected from the properties page of the Main window. Users can move either the stop or the limit order of a bracket by clicking on the Price column of the Depth of Market window. For example if you have a long position and a bracket working to exit. You can move the stop order to a new price level immediately by clicking on the new price in the Price column. You can move the limit order by clicking above the current price.
Optional: Retain Default Qty or Order Qty after Flatten is Send
When the Retain Default Quantity option is selected from the Properties page of the Main window. The quantity field of the Depth of Market screen will be reset to the default quantity for that contract when the flatten feature is used. The default quantity per contract can be set by double clicking in the Default column on the Main window.
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