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Chart Trader And Manual Trading

Chart Trader is the order-entry panel attached to a chart. This page covers account and order safety. For chart creation, data series, tabs, drawings, options, Data Box, and exports, use Charts And Drawings.

Orders can be submitted immediately

After its local validation succeeds, Chart Trader sends an action to the selected account without a general manual-order confirmation dialog. A selected Broker account can affect real capital.

Before Opening Chart Trader​

  1. Confirm the chart's connection, instrument, and live-data state.
  2. Read Accounts And Trading Environments.
  3. Select LocalPaper explicitly for simulation.
  4. Open Accounts, Orders, Positions, and Executions in the main window so you can compare state.
  5. Test the intended order type and bracket in simulation before using an external account.

The chart connection supplies market data; the account selector determines where an order goes. Those choices can differ. Playback changes the data clock and does not automatically select LocalPaper. In the current release-candidate build, Broker and Server Paper submissions, changes, and cancellations are rejected while Playback is active. Select LocalPaper rather than relying on the rejection guard.

Open And Verify Chart Trader​

Use the Chart Trader control on the chart toolbar. Before every action, read the visible:

  • account;
  • instrument;
  • Buy/Sell side;
  • order type;
  • quantity or USD sizing mode;
  • order value;
  • limit or stop price where required;
  • time in force;
  • leverage where supported;
  • reduce-only state where exposed;
  • OCO/bracket preset.

Chart Trader also displays available balance, estimated fees, required margin, position, entry, and PnL context where the selected route supplies them. Those displays are informational; the provider's account and order state remain authoritative.

Supported Order Entry Controls​

The current Chart Trader selector exposes Market, Limit, and Stop Limit workflows, plus bid, ask, and stop actions available from the panel.

Provider support can be narrower than the visible selector. An adapter may reject an order because of price bands, precision, minimum quantity, account permission, environment, or unsupported change/cancel behavior.

HyperionX does not provide a universal user-configurable manual maximum-order or daily-loss guard. Provider validation is not a substitute for a personal risk policy.

Quantity And USD Sizing​

ModeMeaning
QtyThe value is direct instrument quantity.
USDThe value is notional order value; HyperionX converts it using current price, multiplier, and instrument metadata.

USD mode is not a loss limit. Before using either mode, verify tick size, minimum lot, multiplier, price, and resulting quantity. See Instruments And Lists for local contract metadata.

LocalPaper uses a simplified full-fill model. It does not model order-book queue position, partial fills, configurable slippage, buying-power rejection, margin calls, or liquidation. Estimated fee and margin values do not make a simulated fill equivalent to provider execution.

OCO And Bracket Presets​

An OCO preset defines protective exits for a filled entry. Entry size comes from the main Chart Trader order value; the preset defines exit behavior such as:

  • take-profit distance;
  • stop-loss distance;
  • ticks or quote-price/USD distance mode;
  • target-size percentages;
  • stop behavior, including breakeven behavior where configured;
  • time in force.

A single-target preset protects and exits the configured filled quantity. A multi-target preset divides that quantity by its target percentages.

Bracket implementation depends on the account route. Rithmic has a native bracket path for supported presets. Other routes can submit protective orders after an entry fills. A selected preset in the UI is not proof that protective orders are working at the provider.

Verify A Bracket​

  1. Submit the smallest practical test in a non-live environment.
  2. Confirm the entry acknowledgement and fill.
  3. Confirm every intended stop and target at the authoritative provider/account layer.
  4. Test target fill and sibling cancellation.
  5. Test manual cancel and close behavior.
  6. Disconnect and reconnect in a controlled test, then reconcile again.

Do not continue if a stop, target, quantity, or OCO relationship differs from the intended protection.

Orders, Positions, And Chart Banners​

The chart can display active order lines and position context, but it is one view of state. Provider adapters can report active orders as Accepted, AcceptedByRisk, Initialized, Submitted, TriggerPending, PartFilled, or Working.

If a chart line disappears or conflicts with the main account views:

  1. Stop new submissions.
  2. Check Orders, Positions, and Executions.
  3. Check the provider's own interface or authoritative account channel.
  4. Cancel or flatten only after the real state is known.
  5. Follow Connection Recovery.

Never infer that an external order was cancelled merely because HyperionX disconnected or a local banner disappeared.

Strategies On A Chart​

An enabled strategy is account-affecting code. Confirm its account, connection, instrument, parameters, and protection before enabling it.

Changing the chart instrument or timeframe can detach the enabled strategy session from the visual chart while the strategy continues on its original data series. Use the main Strategies tab to inspect or stop the detached session. See Charts And Drawings and Strategy Development.

After a Code Lab build, remove and add the strategy again—or reload its owning host—to create an instance from the new assembly. Toggling an existing instance off and on can reuse its old assembly.

Multi-Chart Trading​

In a multi-chart layout, select the intended chart before using chart-scoped tools. Each pane can use a different instrument and timeframe, while order entry still uses the account visible in its Chart Trader panel.

Before submitting:

  1. Identify the active pane.
  2. Read its full instrument and connection.
  3. Read its Chart Trader account.
  4. Confirm no floating tool or restored window is showing another instrument.

Manual-Order Checklist​

  • Provider capability is supported for the intended route.
  • Account type and environment are correct.
  • Instrument identity and contract metadata are correct.
  • Qty/USD mode and resulting size are correct.
  • Order type, price, time in force, and leverage are correct.
  • Stop and target behavior was tested outside a live account.
  • Orders, positions, and executions are visible for reconciliation.
  • A disconnect/unknown-outcome procedure is understood.