About ScaleTrader

ScaleTrader is a flexible trading tool that implements a sophisticated trading algorithm, allowing you to scale into a large position without being subject to increasingly deteriorating prices, or to trade continually over a specified price range to capture a user-defined profit offset amount. ScaleTrader supports all available products except Mutual Funds.

1 - Use tabs to help define the structure of the scale order. You may select Edit Combo to edit this order.

2 - Enter the total order size, and define the size of the order components.

3 - Set prices using the price fields, or the price lines in the Scale Chart.

4 - Use profit orders to have ScaleTrader submit opposite side orders at a user-defined profit as the component at each price level fills.

ScaleTrader Summary and Status

Below the Scale chart, the Summary and Status sections give you more information on the current scale order.

  • The Summary shows the number of price levels in your scale, the average price of the total order, the amount, and the range of the scale between the top and bottom prices.

  • The Status displays the displays the size of your filled position, and shows the latest Buy price and Sell price working for the active scale order.

  • Use the Start and Stop buttons to start and stop the algo. Use Dismiss to close the ScaleTrader.