The cTrader QuickFx trading terminal allows you to execute fast trades while at the same time easily switch between tabs to manage them. You can also create complete order types using such features as swing high, low, last bar high, low and even preview the order before you submit.
"What the Customers are Saying"
Without doubt the best ordering terminal I have come across on the market, due to the simplistic nature and speed of the terminal my daytrading has become alot more profitable due to the easy of ordering as well as closing positions. The advanced features make it alot easier to place orders with specific criteria based on the chosen timeframe the user selects.
I would highly recommend this to all traders regardless of experience but would recommend to beginners especially as this tool can stop the small mistakes that can make a good strategy/trader look bad and can seriously enhance the bottom line of your trading profits.
HOW TO INSTALL
- Download the application file from the link below and unzip it
- Double click on the file you unzipped and it will automatically install onto cTrader
- Open cTrader and press F11 to show cBots and drag the cTrader QuickFx Terminal onto a chart
- Press play and the registration screen will be shown
- Send us the unique key via email and we will give you a trial license.
"The Free Trial is for 15 days"
Quick Trading with cTrader
The quick tab is perfect for fast execution of trades where you have all the information you need to execute your trades.
Download the PDF User Manual for the FULL Information
THE SOFTWARE WILL RUN ON CTRADER AND NOT CALGO
The terminal has many useful features that will not be obvious at first glance, this section should help you understand how it will help your trading.
- Easily change to another symbol while looking at same chart
- Minimise the application to view as a widget
- Risk is automatically calculated based on lots and stop loss
- Adjusting stop loss automatically adjusts lots based on risk
- Option to use Pips or fixed price for stop loss and take profit
- Spread is shown which changes colour when below 0.5 pips
- Option to view Digital clock or depth of market
- Current Volatility showed for the symbol
- When you close the terminal all the settings are automatically saved
- The Depth of Market (DOM) may not work with some brokers, please check on the cTrader platform first to make sure you have this feature.
It is very important to see all your open positions at a glance, especially if you are not a full-time trader and have other work to do. The positions screen can manage all your trades very easily as well as minimise to a widget view.
- Reverse Position – closes position and opens a new one opposite direction
- Double Position – doubles the open position, same direction double volume
- Close 50% - closes 50% of the volume and lets the remainder run, this can be done multiple times
- Close – simply closes a position
- Close Buyers – closes all buying positions
- Close Sellers – closes all selling positions
- Close Winners – closes all positions that have profit
- Close Losers – closes all positions that are losing
Advanced Protection of Orders
The terminal provides protection in the form of a break-even with extra pips and a trailing stop which trails behind the current price by a number of pips you set. You can apply the protection to a Market or Pending Order.
When you create a Market or Pending order you can set the protection before the order is submitted. You can have both Break-even and trailing stop set at same time.
Typical Example would be a position breaks even after 10 pips with an extra 2 pips to cover set-up costs, then when the position is 20 pips in profit it will trail 5 pips behind the current symbol price and will continue to trail until the price reverses 5 pips and hits the stop loss leaving you in profit.
Protection Key Points
- Break-even with extra pips
- Trailing stop with pip step
- Add, remove or modify protection on open positions
- Add, remove or modify protection on pending orders
- Protection stored on local drive for redundancy
- More protection features to be added in next release
- Terminal needs to be running for protection to work
Trading with voice alerts can be very useful when you are multitasking, sometimes having a friendly voice telling you a pending limit order has just been filled can be very useful.
The cTrader QuickFx terminal uses voice alerts in all trade activity, this can also be turned on or off.
Read more about voice alerts with cTrader
Adding Protection to Pending Orders
Adding the advanced protection to a pending order is the same process as for an open position, you just select the order and click on the protection button, you can read more about how to manage pending orders I the next section.
Multi-Terminal & Widget's
The QuickFx terminal allows multiple windows open at the same time while using very little of your computer’s precious memory, this can be helpful when you are trading many currency pairs at the same time or wish to maximise chart space while managing open trades.
Advanced Risk Management Features
The advanced tab allows you to create complex order types, the screen dynamically changes depending on what you want to do, the next page shows a typical complex Buy Limit order type.
- Covers all order types both Market and Pending Orders
- Risk Stake, choose % of balance, bet per Point or Fixed cash risk
- Option to choose pips, fixed price
- Set entry price with previous bar high or previous bar low
- Set entry price with last swing high or last swing low
- Set expiry date-time for order
- Set expiry date of order as End of Bar (EOB)
- Option to choose (None), Pips, Fixed price
- Set stop-loss with previous bar high or previous bar low
- Set stop-loss with last swing high or last swing low
- Option to choose time-frame for high, Low points
- Set plus or minus pips to the high, low points
The color of the confirmation caption is red or green depending if it is Buy or Sell. You are shown what your estimated Loss and Winnings are so that you are sure of the order before you submit it. Market order confirmations are simple, but the advanced order confirmations are much more detailed. A voice will also tell you a market order has been filled correctly, this too can be turned off, please read the section about the voice pack.
Advanced Protection (add, remove or modify)
- Option to add Break-even stop loss
- To be triggered after so many pips gain
- Add extra pips to cover spread & commissions
- Option to add Trailing Stop loss
- To be triggered after so many pips gain
- Trail behind price a set number of pips
- Add protection to Pending Orders
- Option to choose (None), Pips, Fixed price or risk/reward
- Set take profit with previous bar high or previous bar low
- Set take profit with last swing high or last swing low
Advanced Order Detailed Explanation
This section explains in more detail the options that you have in the advanced order tab that may not be obvious at first glance.
Buy, Sell, Buy Limit, Buy Stop, Sell Limit and Sell Stop are all standard order types, you can read more about these types of orders by visiting Investopedia which is a very good source of information.
There are 4 different types of risk stakes per trade.
- % of balance – It allows the ability to specify the % of your account you wish to allocate to a trade and then cTrader automatically gives you the relevant lot size/volume, this also takes into account your stop loss.
- Bet per point - The cost of 1 pip (point) that you would like to risk, so if you choose 10p per pip and you had a stop loss of 50, the risk would be £5.00
- Fixed cash risk - How much in cash do you wish to bet if you set this to £10.00 then whatever stop loss you set the actual risk will always be £10.00
- Entry Price, Stop Loss & Take Profit Options - All of the above have the same settings, the take profit has some extra options that are explained below.
Risk to Reward
this is only for taking profit and allows you to specify a multiplier of profit from a loss, so if you stop loss was 10 pips and you set the multiple 2.00, it will be 1:2, so twice the profit. You also have the option to use decimal values, so if you set the multiple to 2.5, you will get 1:2.5, so 2 ½ times the loss as profit and with a 10 pip stop loss it would be 25 pips profit.
Entry Price Expiry
As standard, you can set the expiry date and time, but we have added some extra logic to allow you to set the expiry of an order at the end of a set number of bars (candles) together with a custom time-frame. In the image below, this would expire the order after 4 hours, which is 4 bars at 1 hr. each, you can set any time-frame and up to 10 bars including current.
Using Price Action for Orders
You may want to set your entry price, stop loss or take profit above or below the previous bars highest or lowest price. An example would be to set the time-frame to Daily and the take profit to the previous days highest value plus some extra pips for a buffer.
Previous Bar High & Previous Bar Low
- The Previous bar high – the last bar (candle) highest price
- The previous bar low – the last bar (candle) lowest price
- Time Frame for bar - you can choose any time-frame
- Plus or minus pips - you can also adjust the stop loss or take profit from the highest or lowest bar price
Using Swing Trading for Orders
The classic definition of a swing low is a low on a candle or a bar chart that has a higher low on either side. A swing high is one that has a lower high on either side. you can use this for the entry price, stop loss or take profit
Last Swing High & Last Swing Low
- Last swing high – A swing high is formed when the high of a price is greater than a given number of highs positioned around it.
- Last swing low – A swing low is created when a low is lower than any other point over a given time period
- Time Frame for swing - you can choose any time-frame
- Plus or minus pips - you can also adjust the stop loss or take profit from the highest or lowest swing price
We have given you some control over the terminal so that you can turn on or off features you do not like, for example when you run the application for the first time you have help pop-ups on all controls explaining how to use them, this can irritate some people.
Order Confirmation Dialogs
If you are a very cautious trader and want to make sure your settings for the trade are correct before you pull the trigger, then you would want this turned on. If on the other hand you are a scalper or want fast decisions when you enter a trade you would not want this feature to delay the execution.
Turn of Voice Messages
If you find the voice notifications irritating, you can turn all of them completely off by deselecting the checkbox.
"To watch the videos full screen, just start playing the video and click on the bottom right icon"
Watch the cTrader QuickFx Trading Terminal Video
The video has been uploaded to 1080p High Quality, so do not forget to set your U-Tube video quality to 1080p HD.
cTrader Alarm Manager Dashboard
Use the terminal with the Alarm Manager for a complete solution.
The Alarm Manager dashboard is a personal trading assistant that carry out any number of automated actions such as opening, closing positions, sending an email or an SMS message, voice and pop up message alerts. Traders can create rule-based alarms which trigger any number of actions. The software can notify the trader about events, carry out trading actions such as placing new orders or closing existing positions.
You can use the customer forum for tips & help, report bugs and request extra features for the next release to get the most out of the application. The forum is open to all users who have registered with the store.
Visit the QuickFx Terminal Forum