The Open Orders view of the Alerts and Orders Window displays all the currently unfilled trading orders that have been placed for active trading strategies. Once an order is filled or canceled, it will be removed from this view and moved to the appropriate Filled or Canceled orders view.
In general, Market orders will be filled almost immediately during market hours. Order types like Stops and Limits will remain open until their target price is reached or the trading strategy cancels them.
The following is a description of each column in the Open Orders view:
Action ‘ The action of the order. Possible actions include Buy Long, Sell Long, Sell Short, or Cover Short.
Shares ‘ The number of shares/contracts being bought or sold.
Symbol ‘ The ticker symbol being traded.
Order ‘ The order type. Possible order types include Market, Stop XX, Limit XX, Stop XX Limit XX, and Market Close (where XX represents the stop or limit price).
Last Price ‘ The last price of the symbol.
Time Placed ‘ The time the order was generated by the trading strategy.
Strategy ‘ The name of the trading strategy that generated the order.
Chart ‘ The chart name on which the trading strategy resides.
To hide the Alerts and Orders Window deselect the Alerts and Orders Window menu item from the View menu.