Ticker Settings in the “Trading” Tab

To access and customize ticker settings within the "Trading" tab, click on the "Settings" icon located at the top of the order book.

How it works: The trading amount represents the number of instruments in lots within an order. A trader predefines the values for the working volume. When placing an order, CScalp automatically inserts the specified amount into it. This eliminates the need for manual entry of the amount for each order.

In CScalp, you can configure up to five working volumes. The values for these working volumes (in lots) are displayed in the lower-left corner of the order book. The currently active working volume is highlighted in color.

How to use: You can switch between traded amounts by clicking the mouse or using the 1-2-3-4-5 hotkeys. Select the desired traded amount and place your order. It will be entered into the order book with a volume corresponding to the selected traded amount.

How to change: Navigate to the “Trading” tab and input a new value for the traded amount in lots. The system will automatically save this value. Close the tab, and you'll see the updated traded amount at the bottom of the order book.

Read more about the configuration of the trading volume amount.

How it works: This parameter determines the distance, in price steps, at which a limit order without a specific price will be positioned relative to the current spread. Limit Orders Slipping is crucial because certain exchanges' APIs do not support market orders. In such cases, CScalp converts market limit orders into market orders.

The orders slipping is employed when closing a position using a hotkey. When closing a position, CScalp will place an order with a predefined slippage, anticipating immediate execution. If the value is set to “0,” the terminal will automatically calculate the appropriate slippage.

How to use: When CScalp closes a position at the market price, it will utilize the specified slippage value. In a highly volatile market, if the slippage is minimal, the order may not be executed in a timely manner. Instead, it will be placed in the order book, and the position will remain open.

How to change: Input a new value in the field or adjust it using the mouse. If “0” is selected for limit orders slipping, CScalp will autonomously determine the appropriate slippage. Once you set the parameter, the value will be saved automatically.

How it works: This parameter specifies the distance from the Stop-Loss or Take-Profit price at which the order will be positioned when either the Stop-Loss or Take-Profit is triggered. If the value is set to "0," the terminal will automatically calculate the range.

How to use: When the Stop-Loss or Take-Profit is triggered, CScalp utilizes the specified slippage value. For instance, if the Stop-Loss is set at 100 and the slippage range is 10, when the price drops to 100, a closing order will be placed at 100-10=90. This order is likely to be executed instantly as a market order. However, in a volatile market, if the slippage is minimal, the order may not be executed promptly. Instead, it will be added to the order book, and the position will remain open.

How to change: Input a new value in the field or adjust it using the mouse. If "0" is chosen for stop-orders slipping, CScalp will autonomously determine the appropriate slippage. Once you set the parameter, the value will be saved automatically. By default, the parameter is set to "0."

How it works: CScalp will automatically establish a Stop-Loss for an open position if the parameter value is greater than "0." The Stop-Loss will be positioned at a specified distance (in points or percentage) from the position, as determined by the parameter. If the parameter value is set to "0," the automatic Stop-Loss feature will be deactivated.

How to use: Set the desired distance value in points. Then, open a position. CScalp will automatically configure the Stop-Loss for you. For example, if you have set the parameter to 10 and bought an asset at 100, CScalp will automatically establish a Stop-Loss at 100-10=90.

How to change: Input a new value in the field or adjust it using the mouse. To deactivate the automatic Stop-Loss, input "0" as the parameter value. The default setting is "0."

How it works: CScalp will automatically establish a Take-Profit for an open position if the parameter value is greater than "0." The Take-Profit will be positioned at a specified distance (in points or percentage) from the position, as determined by the parameter. If the parameter value is set to "0," the automatic Take-Profit feature will be deactivated.

How to use: Set the desired distance value in points. Then, open a position. CScalp will automatically configure the Take-Profit for you. For example, if you have set the parameter to 10 and bought an asset at 100, CScalp will automatically establish a Take-Profit at 100+10=110.

How to change: Input a new value in the field or adjust it using the mouse. To deactivate the automatic Take-Profit, input "0" as the parameter value. The default setting is "0."

How it works: This parameter determines how Stop-Loss and Take-Profit are calculated. When you choose "In price steps," the Stop-Loss will be positioned at a specified distance in points from the entry point of a transaction. When you choose "In percent," the Stop-Loss will be set at a distance equivalent to a percentage change in price.

How to use: Select the desired value. The default setting is "In price steps."

How to change: Adjust this parameter by selecting the desired option from the drop-down list. Your selection will be automatically saved.

How it works: This parameter defines the criteria for triggering stop orders. When set to "Best prices," stop orders will be activated when the order book shifts, and the spread reaches the specified price. If the "Ticks prices" parameter is selected, stop orders will be triggered only when a trade occurs at the specified price. This parameter is especially useful when the order book moves without any trades, which is common in illiquid assets.

How to use: Set the required value. The default value is "Ticks prices."

How to change: Adjust this parameter by selecting the desired option from the drop-down list. Your selection will be automatically saved.

How it works: This parameter determines the location where Stop-Loss or Take-Profit orders will be placed, either on the CScalp side or on the exchange servers.

How to use: When set to "Application," CScalp will manage and store the Stop-Loss and Take-Profit orders internally, and it will submit them to the exchange when the specified order condition is met. The disadvantage is that if there's a connectivity issue with the exchange, the order may not trigger.

When set to "Server," CScalp will immediately send the order to the exchange server. The order will be executed independently of the terminal.

How to change: Adjust this parameter by selecting the desired option from the drop-down list. Your selection will be automatically saved.

How it works: When making multiple trades with the same instrument, you can choose how to calculate the average price: "First in first out" (FIFO), "Last in first out" (LIFO), or "According to the server." The choice of FIFO or LIFO affects how positions are closed. If you opt for "According to the server," the price and volume of the position won't impact its closure.

Example: You have a list of trades in order: 101, 102, 103.
F/L determines which trade is removed first when closing the position. If you choose FIFO, trade 101 will be the first to go, resulting in an average price of (102+103)/2=102.5

How to use: Set the required value.

How to change: You can adjust this setting either in the "Trading" tab or directly in the order book. Your selection will be automatically saved.

How it works: When this checkbox is selected, and Sound Notifications are enabled, a sound notification will be triggered each time a trade is executed.

How to use: Activate the “Trade Has Been Made” notification as well as the Sound Notifications. Your selection will be automatically saved.

How it works: This setting gives you control over how profit/loss is presented visually. There are three available options:
Points
Points * Amount
Percent

How to use: Select the preferred display type.

How to change: In the ticker settings, choose your desired profit display type from the drop-down list. Alternatively, you can click the left mouse button on the displayed profit value in the order book. Your selection will be automatically saved.