Trade Futures on Charts: Place and Manage Futures Orders Directly on the Chart with Mudrex

Trade Futures on Charts: Place and Manage Futures Orders Directly on the Chart with Mudrex

You can now place and manage Futures orders directly from the Mudrex trading chart. Select market and limit prices by tapping or dragging on the chart, adjust stop-loss and take-profit levels by moving their respective lines, and view your open positions, pending orders, and liquidation level in the same view.

You can also modify or cancel orders directly through their chart lines. This means fewer switches between the chart and order form when placing or adjusting a trade. You can work with the price levels you are tracking and manage your orders in the same view.

A More Direct Way to Trade Futures

Until now, placing a Futures order meant using the order form to enter the required price levels. Trade on Charts adds another way to do this. You can select prices directly on the chart and manage orders through the lines displayed against the price movement.

The feature brings three key parts of the trading process together:

• Visual order placement: Tap or drag on the chart to select entry and limit prices.
• Visual risk management: Drag stop-loss and take-profit lines to set or adjust your preferred price levels.
• On-chart order management: View open positions, pending orders, and liquidation levels, and modify or cancel orders directly from their lines.

Instead of treating the chart and order management as separate parts of the trading experience, you can now use the chart as an interactive space to work with your orders.

Mudrex has also partnered with TradingView, using its trading platform charting library to bring advanced execution capabilities directly to the charts. Traders can analyse the live Bitcoin chart with professional tools and act on their trading ideas without leaving the chart.

Place Entry and Limit Orders at Your Chosen Price

Trade on Charts lets you select entry and limit prices directly from the chart.

Tap or drag on the chart to choose the price level for your order. You can use the visible price movement to identify the level you want, rather than relying only on manually entering a price in the order form.

This is particularly useful when you are watching a specific price level and want to place an order around it. You can make your selection in the same view where you are analysing the market.

Set Stop-Loss and Take-Profit Levels on the Chart

With Trade on Charts, you can set stop-loss and take-profit levels by dragging their respective lines to your chosen prices.

As you adjust these lines, you can see their position in relation to the market price and your trade. This gives you a visual way to set and review your risk and profit targets.

You can also adjust these levels directly on the chart as your trading plan changes, without having to rely solely on the order form.

View Your Positions, Orders and Liquidation Level Together

Your open positions, pending orders, and liquidation level now appear as lines on the chart. This brings key information about your Futures activity into one view.

Having these levels on the same chart makes it easier to assess where your orders and positions stand in relation to the current market price.

You can also monitor how close your position is to its liquidation level while tracking market movements. This is particularly relevant when trading with leverage.

Modify or Cancel Orders Without Leaving the Chart

You can manage orders directly through the lines displayed on the chart. Drag an order line to modify its price, or interact with it to access the available actions, including cancellation.

This is useful when you want to adjust a pending order or change a price level without returning to the order form. The chart remains your primary view while you make these changes.

Manage Futures Trades with More Context

Trade on Charts brings order placement, position visibility, and price-level adjustments into one view. You can select entry and limit prices, set stop-loss and take-profit levels, and see how your open positions and pending orders relate to the market.

The feature also gives you a clear view of your liquidation level, which is especially relevant when trading leveraged contracts.

Chart trading does not remove the risks associated with Futures. Leverage can amplify both gains and losses, and liquidation can occur when the market moves against your position. Stop-loss orders can help manage risk, but they do not guarantee that a position will close at the exact price selected. Review your position size, leverage, and risk exposure before placing a trade.

Start Trading Directly from the Chart

Trade on Charts is now available on Mudrex Futures. Select a contract, open its chart, and use the new controls to place, adjust, and manage your orders directly from the chart.