User Guide: Magic Terminal Shared Setup
Manual Trade Retry Guide

Introduction

The Magic Terminal is designed to enhance the SFX by enabling users to place manual orders alongside automated trading options. This guide provides an overview of its features, functionalities, and step-by-step instructions for traders to maximize its capabilities.

Key Features

• Order Placement: Users can place Market and Limit orders.

• Order Modification: Allows updating take profit, stop loss, breakeven, partial close, and trailing stop settings.

• Integration: Interacts with MT4/MT5 APIs for seamless order routing.

• Trading Block: Displays manually created trades on the Magic Terminal while showing all trades on the main dashboard.

Getting Started

1. Access Magic Terminal:

   • Navigate to the Magic Terminal page.

   • View the TradingView chart and trade creation form.

   

2. Integration:

   • Ensure your account is linked with MT4/MT5 for order routing.

Order Placement

Market Order

• Steps:

  1. Choose "Buy" or "Sell" (default: Buy).

  2. Select a trading pair (e.g., EUR/USD).

  3. Select "Market" as the order type (default: Market).

  4. Set money management options (e.g., fixed lot size).

  5. Set Take Profit (TP) and Stop Loss (SL) levels.

  6. Optionally set advanced settings.a

  7. Submit the order.

• Outcome: The order routes as per market conditions and system availability

  

Limit Order

• Steps:

  1. Choose "Buy" or "Sell".

  2. Select a trading pair.

  3. Select "Limit" as the order type.

  4. Enter a custom price (default: current price).

  5. Set Take Profit (TP) and Stop Loss (SL) levels.

  6. Optionally set advanced settings.

  7. Submit the order.

• Outcome: The order is placed as pending and activates once the market reaches the specified price.

  
  

Order Modifications

Available Options:

• Close open trades.

• Delete pending trades.

• Update TP, SL, breakeven, partial close and trailing stop settings.

  

Steps to Modify Orders:

1. Navigate to the three dots option for the active trade.

2. Choose the “Update TP/SL” or “Edit Trade”.

   
   

3. Confirm the changes.

• Outcome: The trade's settings are updated

Special Features

Share Trade Results

• Steps:

  1. Go to the "Active Trades" tab.

  2. Click on the "Share" icon for the desired trade.

  3. Generate a trade summary flier with key details like trading pair, entry/exit prices, and profit/loss percentage. These summaries are for informational purposes and do not constitute investment advice.

  4. Download or share the flier on social media.

• Outcome: Share visually appealing trade summaries with ease.

  

Conclusion

Magic Terminal streamlines manual trading by combining tools to assist in manual trading, integration, and user-friendly features. Whether you're a trader looking to manage risk effectively or an educator seeking seamless tools, Magic Terminal offers a complete solution.s

For additional assistance, consult the in-app help or reach out to the support team.