Overview
Magic Terminal Overview
11 min
disclaimer before making any trading or investment decisions, we strongly recommend consulting with a licensed financial advisor or professional who can offer personalized advice based on your financial situation and goals you are solely responsible for your investment decisions, and neither the company, its affiliates, employees, nor any third party providers are liable for any losses or damages arising from the use of the information provided 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 execution trading block displays manually created trades on the magic terminal while showing all trades on the main dashboard getting started access magic terminal navigate to the magic terminal page view the tradingview chart and trade creation form integration ensure your account is linked with mt4/mt5 for order execution order placement market order steps choose "buy" or "sell" (default buy) select a trading pair (e g , eur/usd) select "market" as the order type (default market) set money management options (e g , fixed lot size) set take profit (tp) and stop loss (sl) levels optionally set advanced settings submit the order outcome the order executes as per market conditions and system availability limit order steps choose "buy" or "sell" select a trading pair select "limit" as the order type enter a custom price (default current price) set take profit (tp) and stop loss (sl) levels optionally set advanced settings 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 navigate to the three dots option for the active trade choose the “update tp/sl” or “edit trade” confirm the changes outcome the trade's settings are updated special features share trade results steps go to the "active trades" tab click on the "share" icon for the desired trade 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 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 for additional assistance, consult the in app help or reach out to the support team
