Placing a trade in TradeLocker starts with the instrument you want to trade. Open the Markets list, select a symbol, and the chart will load for that instrument.
To place an order, open the Order Panel (trade ticket). You can toggle the Order Panel quickly with the hotkey O.
In the ticket, choose the order type: a market order executes immediately at the current price, while a pending order waits until price reaches the level you set. Next, set your position size. You can enter lots directly, or use the risk sizing fields if you prefer to size the trade based on a specific dollar amount or percentage risk.
Before submitting, add a Stop Loss and Take Profit so the trade has clear risk and exit targets. Review the margin and order details, then confirm Buy or Sell.
After the order is placed, use the Trades panel to monitor and manage it.
You can toggle the Trades panel with the hotkey T. The Trades panel shows open positions, pending orders, and history. From there you can modify SL/TP, close a position, or cancel a pending order.
In the order ticket, you can choose how you size your trade. The field on the right of the size box (it currently shows “lots”) is a dropdown. Click it to switch the sizing mode.
If you leave it on “lots,” you’re placing the order by lot size (e.g., 0.01 lots). If you switch it to dollars, you can enter the amount you want the position size to represent in your account currency, and the platform will calculate the equivalent lot size for that instrument.
In short: the Order Panel is for creating new orders, while the Trades panel is for managing existing ones.
How to set price alerts on TradeLocker
Price alerts allow you to get notified when the market reaches a specific level.
To set a price alert, open the chart of the instrument you want to track. Click directly on the price level where you want the alert to be placed, then select the Alert option.
Once created, your alert will be visible on the chart. You can manage all alerts from the Alerts tab in the bottom panel, where you can view or remove them. Alerts can also be removed directly from the chart using the X next to the alert line.
To receive alerts in real time, make sure notifications are enabled on your device and for the TradeLocker app.
For a visual walkthrough, refer to: