![]() ![]() When an order on Futures is executed, the position is opened, and it is also shown as a horizontal line on the chart. By default, the colors are the same as in MetaTrader, so they will look native. It is also possible to cancel an order by clicking the red cross at the right of the line. ![]() Another indication of an executed order is the horizontal line with the symbol name, direction, and order type displayed on the chart. ![]() It transfers the message from the exchange, allowing the user to easily see if the order has been executed or not. When the order is sent, the first indication of its status is the bar at the bottom of the panel. For pending orders, options such as order open price, take-profit, stop-loss, etc. ![]() In the case of a Market order, the only remaining step is to click either the Buy or Sell button. The next steps depend on the selected order type. The trader can either enter the lots directly or change the lots using the scroll bar, just like on the Binance exchange. The next step is to define the order size, which can be done in two ways. Once a trading pair is selected, the next step is to define the parameters for the order.Īs previously mentioned, there are three available order types, and the trader can select any of them directly on the trading panel. When using the trading panel, the process is very intuitive as it is designed in the same style as the Binance exchange itself. After the restart of the MetaTrader 5 the trading panel just downloads the remaining data so the charts are always kept in the actual state. The important feature of the trading panel is that downloads the desired length of history (in days) and keeps updating the charts in real-time. Current groups have their own postfix so this will eliminate any confusion as well.įor the selected symbol of the active chart, in the Market Watch, there is implemented automated updating of Ask, Bid, and last quote time so the instrument looks organic in the overall list of instruments. All the instruments there are divided into 3 groups of Spot, Futures, and COIN-M Futures that will allow the easier selection of symbols for trading. In the trading panel, there is implemented the standard for MetaTrader behavior when the symbols are selected via Market Watch widget – users can add them there using the View – Symbols menu where the special category of Custom symbols is created. However, many experienced traders who have been active in the industry for years are familiar with the MetaTrader platform and prefer to use it.Īn important part is instrument selection. These are just a couple of examples, as there are numerous other platforms available for trading cryptocurrencies on Binance. However, its interface is quite simple and doesn’t offer much additional functionality compared to the Binance native application. While it is only suitable for manual trading and designed mainly for scalpers, it is also free to use.Īnother option is Atani, available for both macOS and Windows. One such terminal is Tiger.Trade, a feature-rich desktop application that has been constantly updated since 2015 and supports multiple exchanges in addition to Binance. Luckily, there are several alternative trading terminals that offer direct connections to Binance. Unfortunately, the native desktop application provided by Binance has almost the same capabilities as the web version, rendering it nearly useless. However, for those looking for more advanced functionality and active trading, an extra solution may be needed. For most traders, the web-based platform offered by Binance is sufficient. ![]()
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