Charts and Orders
Chart Types and Timeframes:
The platform supports various chart types (Candlestick, Line, OHLC, Renko, Heikin-Ashi) and timeframes ranging from 1 minute to 5 years, allowing for trend analysis across different durations.
Advanced Order Types Available
- OCO (One Cancels Other): Automatically cancels the second order when one is executed.
- Bracket Orders: Includes stop-loss and target levels for risk management.
- Iceberg Orders: Breaks large orders into smaller parts for discreet execution.
What is Market Protection?
Market protection tools help limit losses and slippage, especially in volatile markets. These include stop-loss, limit orders, and controlled execution rules.
How to Enable Market Protection on Firstock
Set preferences in your order settings, using features like price protection range and max slippage to control trade execution.
Importance in Options & Volatile Markets
In fast-moving markets, prices can shift quickly. Market protection ensures orders execute near expected prices, preventing unfavorable outcomes.