How To Place A Trade From The Chart With Visual Lines

Place trades directly from the chart and see your potential profit, loss, and R multiple displayed on the SL and TP lines in real time as you set up your position.

EdgeFlo lets you place trades directly on the chart. When you do, your stop loss and take profit levels appear as draggable lines with your potential dollar loss and dollar profit shown right on the chart. You can see your risk-reward ratio update as you drag lines before placing the order.

Step 1: Click on the chart to open the order menu

Click anywhere on the chart at the price level where you want to place your order. A small menu will appear with four options:

Alert - set a price alert at that level
Buy Limit - place a pending buy order below the current market price
Sell Stop - place a pending sell order below the current market price
× - close the menu without placing anything

Note: The available options depend on where the price level is relative to the current market price. You will see Buy Limit and Sell Stop when clicking below market price, and other order types when clicking above it. Market orders are placed through the order panel on the right.

Step 2: Select your order type

Click Buy Limit or Sell Stop to proceed. Three things happen at once:

An order line appears on the chart at the price you clicked, showing your order type and lot size
Two additional lines appear - an SL line (red, dashed) below your entry and a TP line (green, dashed) above it
The order panel opens on the right side of the screen

Step 3: Set your stop loss and take profit

Your SL and TP lines are draggable. Grab either line and move it to your intended level. As you drag, the dollar values on the labels update in real time so you can see exactly what you are risking and targeting before placing the order.

Each line label shows:

Line	Label	What it shows
TP (green dashed)	TP · +$[amount] · [R]R	Potential profit in dollars and your reward as a multiple of your risk
SL (red dashed)	SL · -$[amount]	Maximum loss in dollars if the position hits stop loss

For example, an SL label reading SL · -$196.73 means you are risking $196.73 on this trade. A TP label reading TP · +$493.27 · 2.5R means you stand to make $493.27, which is 2.5 times your risk.

Tip: You can also type your stop loss and take profit values directly in the order panel on the right instead of dragging. The chart lines update as you type, and the panel updates as you drag — they stay in sync.

Step 4: Review the order panel

The order panel on the right shows a full summary of your position before you place it:

Entry Price - the price level you clicked on the chart
Expiration - how long the pending order stays active (default: GTC, Good Till Cancelled)
Stop Loss and Take Profit - editable fields in Price or Points
Risk Per Trade - your default risk amount in dollars
Lots - auto-calculated based on your risk per trade and stop loss distance
R:R - your risk-reward ratio for this specific setup
Risk - dollar amount and percentage of account at risk
Reward - potential dollar profit and percentage of account
Estimated Costs -spread and commission estimate

Note: Lot size is auto-calculated by default. EdgeFlo uses your Risk Per Trade setting and the distance between your entry and stop loss to work out the correct position size. You can override it by typing in the Lots field directly.

Step 5: Place your order

When you are satisfied with your setup, click the Place BUY Order (or Place SELL Order) button at the bottom of the panel. The button confirms your order type, lot size, and entry price - for example, Place BUY Order · 0.22 lots @ 4,049.69.

Once placed, the pending order remains on the chart until price reaches your entry level and the order fills, or until you cancel it by clicking the × on the order line.

FAQ

What order types can I place from the chart?

Clicking the chart opens a menu with Buy Limit and Sell Stop (pending orders). Market orders are placed through the order panel on the right side of the screen. You can switch between Market, Limit, and Stop tabs in the panel.

What does the R value on the TP line mean?

The R value shows your potential reward as a multiple of your risk. If your stop loss is $100 away in dollar terms and your take profit is $250 away, your TP label shows 2.5R — meaning you are targeting 2.5 times your risk. This updates live as you drag the lines.

Why is my lot size auto-calculated?

EdgeFlo calculates your position size based on your Risk Per Trade setting and the distance between your entry and stop loss. This means your dollar risk stays consistent regardless of how wide or tight your stop is. You can override the lot size by typing directly in the Lots field.

Can I move the order line after placing it?

Pending order lines on the chart are not draggable after placement. To change the entry price, cancel the order using the × on the order line and place a new one at the correct level.

What does GTC mean for expiration?

GTC stands for Good Till Cancelled. Your pending order stays active until price hits your entry level and the order fills, or until you manually cancel it. Other expiration options may be available in the Expiration dropdown in the order panel.