Download User Guide - Berkeley Futures Limited

Trading With J-Trader
Field
+2 Profit
+3 Profit
Pull & Flatten
Widen
Tighten
Enter or select
i Tick the checkbox.
ii In Steps (Ticks), enter the number of ticks away from the filled price at which the
limit order will be placed.
iii In Quantity, enter the maximum number of lots to be entered for this protection
order.
Once the +1 Profit target is met, any subsequent profit targets are activated.
Pull all working orders, and place an order to flatten the current position. The flatten
order will be for the current total position. When flattened, the position = zero, e.g.
bought 70 sold 70. The flatten order submitted is a market order by default but can be a
limit order type.
To enable this button, tick the Reflector setting (page 21) Enable Flatten (Order Type).
Pull all working orders and place an order to reverse the current position. For example, if
the position in a contract is ‘bought 23, sold 18’ (ie, long 5 lots), J-Trader pulls all
working orders for the contract and places an order to sell 10 lots to produce the reverse
position of short 5 (bought 23, sold 28).
To enable this button, tick the Reflector settings (page 21) Enable Reverse (Order Type).
Move all protection orders (stop, trailing stop, +1 profit, +2 profit, and +3 profit) one
tick:
further from the filled price
closer to the filled price.
1 To activate the orders, tick Protection Enabled.
The protection order volumes are displayed in Reflector in brackets e.g. (W 12).
As the target profit levels are filled, the stop order quantity is amended down equally (as in One
Cancels Other, OCO).
2 The working order group moves from the Working to the Completed section of the Status screen
once all of the protection orders are filled, cancelled or balance cancelled.
Use the Status screen to amend/cancel the orders:
Order type
Parent order
Protection
Limit orders
Protection stop
order
What you can amend/cancel
Volume and price cannot be amended.
Pulling the parent order cancels all related protection orders.
Price can be amended.
Limit order volumes can be amended.
Pulling a protection limit order cancels that order only.
Price can be amended. All additional volume is added to the stop order at the new
price.
The volume cannot be amended.
(Trailing) stop component of the bracket order cannot be cancelled.
© Patsystems Ltd 31/05/2011 15:19:00 39