Conditional Order Templates

The Conditional Orders tab of the Trade tool or Symbol Hub, is where you can tell the software to automatically send an order if certain market conditions you specify are met.

To make it easier to set up conditional orders, especially if you tend to use the same rules or conditions when placing orders, StreetSmart Edge® provides Conditional Order Templates.

• The software comes with several standard templates for commonly used trading strategies, all of which can be customized.
• Or you can save your favorite conditional order settings as a template and save a few steps the next time you use that order.
• Note that you cannot use Alert templates when setting up Conditional Orders, and vice versa.

Using a Conditional Order Template

When creating a conditional order, select the built-in or saved template you wish to use from the Templates drop-down at the top of the Trade tool or Symbol Hub and click Load. This will populate several fields in the Conditions and Order panels and then you can fill in the rest and activate the conditional order.

Creating a Conditional Order Template

To create a conditional order template, you can either create it from scratch or use one of the built-in templates as a starting point.  Note that you cannot use Alert templates when setting up Conditional Orders, and vice versa.

From scratch:

1. Click the Conditional Orders tab in the Trade tool or Symbol Hub.
2. Fill in the fields of the Conditions and Order panels with the values you want to automatically populate when you load the template.
3. In your template, leave one or more fields blank that will likely change each time you use the conditional order, like Symbol or Limit Price. To leave a field blank, select <template> from the bottom of the drop-down.
4. Click Save as Template.
5. Next time you create a conditional order, your new template will display in the Templates drop-down.

From built-in template: 

1. Click the Conditional Orders tab in the Trade tool or Symbol Hub.
2. Choose the template you want to base your new template on from the Templates drop-down and click Load.
3. Make any changes you want to the template, including entering the Order instructions, as only conditions are included in the built-in templates.
4. Change the Conditional Order Name (you cannot save over the built-in templates).
5. Click Save as Template.
6. Next time you create a conditional order, your new template will display in the Templates drop-down.

TIP: In both cases, be sure to give your template a name in the Conditional Order Name field that gives an indication of the purpose of the behavior of the conditional order. This will make it easier to find the correct template later on when you want to use it again. Otherwise, unnamed conditional orders are given a system-generated name using the current date and a sequential number.

Saving a Template to File

In addition to saving templates into the software, you can save them to a location other than the default template folder. This enables you to share the file with other StreetSmart Edge® users or save to an external resource, like a CD or USB drive or external hard drive.

 If you only save a template to a file instead of using the Save as Template button, it will not display the template in your Templates drop-down menu. To save as a file AND still see it in your software, do both actions. But remember that they are saved in two separate places, so changes to the template must also be saved to both places if you want to keep them in sync.

To save as a file, once your template is complete, click the disk icon at the top of the Conditional Orders tab. You will be able to select a location to save the file on your computer, name the template file, and click Save.

Open Conditional Order Template from File

If you have saved a conditional order template to file, you can open it by clicking Templates drop-down menu and choosing Open Template from File... Find the file on your computer, click it, and select Open.

Renaming a Template

1. Click the Templates drop-down and select Manage Templates.
2. Click the template you want to rename, and then click the pencil icon.
3. The name of the template will become an editable field. Change the name and press Enter to set it.

Deleting a Template

1. Click the Templates drop-down and select Manage Templates.
2. Click the template you want to delete, and then click the X next to it.
3. Confirm your wish to delete the template by clicking OK. If you don't want to be asked to confirm the deletion next time, check Do Not Show Again.