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How to trade using the DOM & Chart in Tradovate?

Updated over 5 months ago

Whether you're just getting started with FundedNext Futures or looking to optimize your trading strategy, here's how you can trade effectively using the DOM and Chart in Tradovate.

Windows/Mac:

Setting Up the DOM & Chart for Trading

  1. Open the Tradovate Desktop App and log in.

  2. Open both the DOM (Depth of Market) and Chart panels.

  3. Select the same trading instrument for both.

  4. Arrange the windows side by side for real-time market tracking.

Trading Using the DOM & Chart

  1. Analyze market trends on the chart before executing a trade.

  2. Use the DOM for quick and precise order placement.

  3. Click directly on the DOM price ladder to place Market, Limit, or Stop orders.

  4. Monitor open trades and modify orders directly from the Chart panel.

Web Platform:

Using the DOM & Chart for Trading

  1. Log in to Tradovate Web.

  2. Open both the Chart Panel and DOM in your workspace.

  3. Ensure both are set to the same trading instrument.

  4. Analyze price action on the chart, then place and manage trades using the DOM.

Mobile App:

  1. Open the Tradovate Mobile App and log in.

  2. Select your trading instrument.

  3. Use either

    • Chart Trading: Tap price levels directly on the chart to place Market, Limit, or Stop orders.

    • DOM: Access the Depth of Market view to see real-time order flow and place/manage trades with precision.

  4. Monitor your entry/exit points, SL/TP, and order book directly from the app.

By combining DOM trading and Chart panels, you can execute trades with precision across all platforms in Tradovate! Whether you're using Depth of Market in futures, analyzing market depth, or exploring what is DOM in trading, this powerful combination ensures effective and informed trading decisions.

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