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DAS Replay
Updated

Long and short positions

Plan a trade on the chart — entry, stop and target with P&L, size and risk:reward worked out from the real bars.

Long position and Short position are in the rail’s Forecasting and measurement group. They’re planning drawings: nothing is sent to the market. To trade from the chart, see Trade from the chart.

Place one

Arm the tool and click once where you’d enter. The position appears with a stop and a target at 1:1, sized to what’s on screen: a red stop zone and a green target zone on either side of the entry.

A long position on the chart with its target label, P&L and risk:reward label, and stop label highlighted
  1. Target: move, %, ticks, amount
  2. Open P&L, size, risk:reward
  3. Stop: move, %, ticks, amount

Adjust it

Select it and drag one of its four handles:

HandleMoves
EntryThe entry price — the stop and target come with it
StopThe stop level
TargetThe target level
Right edgeHow far forward in time the trade runs

Grab the body to move the whole position.

What it tells you

  • On each level: price, percent, ticks and amount.
  • Open P&L while the trade is live, Closed P&L once it hits the stop or target.
  • Qty and the risk/reward ratio.

P&L is read from the bars actually on the chart. The trade is entered when a bar trades through the entry. After that, the first bar that reaches the stop or the target closes it — and a bar that reaches both counts as a stop-out, because from a bar alone you can’t rule the loss out.

Reverse

Right-click the position and choose Reverse. A long becomes a short on the same entry, with the stop and target mirrored.

The position's right-click menu with Reverse highlighted
Flip long ↔ short on the same levels

Settings

Double-click the position, or click Settings on the toolbar that appears when it’s selected.

The position's Inputs tab with account size, risk and the profit and stop levels highlighted
  1. Account size
  2. Risk per trade
  3. Target distance
  4. Stop distance
TabWhat’s there
InputsAccount size, Lot size, Risk (% or cash), Entry price, Leverage, Profit level and Stop level in ticks, Qty precision
StyleLine, stop and target colors, text, price labels, which stats the label prints, compact stats
VisibilityWhich timeframes it shows on

Qty is the size that risks your Risk setting between entry and stop, capped by Leverage × account size. The defaults are an account of 1,000 risking 25%, so set your own.