Xena Exchange has two different customized terminals for active traders and portfolio managers. Today we will explain to you our Trading terminal.

The Xena Exchange trading terminal is set to deliver unprecedented functions for traders that will ease the process of profit extraction from the crypto-asset market. Such functions include: real-time market tracking, advanced order types, proprietary signals, positions, and P&L tracking.

Proprietary signals and studies

Proprietary signals and studies

The trading community has created massive databases of indicators and analytical studies. After viewing almost all of these indicators we have determined that very few of these are actually useful. We know that analytics are not just about the quantity, but also the quality of the methods used. Therefore we have only used the best practices from the world’s top-notch trading desks and combined them into just a few unique signals for easier profit extraction.

Corrected average

Averaging indicators are used to reduce noise in price movements and better understand trends. As with other averages, a buy signal is when the corrected average crosses the price line and goes under it; a sell signal is when the average crosses the price and goes above it.

Planimetry

The planimetry indicator consists of multiple simple moving averages calculated over different lengths of time, starting from 2 and up to 1200.

As with other averaging indicators, a trend is detected when the price crosses the average. Averages showing the breakthrough of a support or resistance level simultaneously decrease the probability of error in the trend detection.

Ribbons

A set of Ribbons combines powerful oscillators such as range, channel, or strength. Each ribbon calculates the number of oscillations with different input parameters and then aggregates and smoothens the result.

Trend switcher

Trend switcher is an oscillator similar to the classic relative strength index (RSI), but using an additional Laguerre filter to enhance the responsiveness of the indicator to the last price. As with other oscillators, the signal to buy occurs when the indicator falls below the “oversold” threshold, and the sell signal occurs when the indicator rises above the “overbought” threshold.

Trend Analytics

To generate new trading ideas quickly you can use our Trend Analytics widget. Trend Analytics utilizes 3 technical indicators: Commodity Channel Index, Exponential Moving Average, and Relative Strength Index. All indicators are calculated in 5 different timeframe options: 5 minutes, 15 minutes, 1 hour, 2 hours, and 1 day.

Advanced order types

Advanced order types

Additional trade order types will allow users to create their own tailor-made transactions on the Exchange depending on the required deal. Such customization becomes especially important for large volume trades to prevent slippage on the market, or, when all orders should be made in a single transaction or not made at all. These trade order types help reduce transaction risks, particularly in cases of large volume trades.

Market orders

A market order is a request to buy or sell a currency at the current market price.

All market orders on Xena Exchange are Immediate-or-Cancel. If there is not enough liquidity on the market to fill your order completely, it will be filled partially, and the remaining portion of the order will be cancelled automatically. This is done to protect traders from unexpected price fluctuations when trading on low liquidity.

Limit orders

A limit order is a request to buy or sell an asset at the certain or better price. If the other side of the order book doesn’t contain orders with a suitable price, the limit order will rest in the book until it is hit by some other market participant, or cancelled without being filled.

Stop and Market-If-Touched (MIT) orders

Stop orders are pending orders that are automatically converted and executed as market orders once the last trade price on the market touches a stop price. Usually stop and MIT orders are used to close your position when the price reaches the certain level (stop loss and take profit orders).

Stop Loss and Take Profit orders

Stop Loss and Take Profit orders

Stop loss and take profit orders provide a convenient way to manage your risk and automate trading.

Trailing Stop loss

A trailing stop is a stop order set at a certain percentage away from the current asset price. The stop price changes automatically to keep the defined distance from the current market price. If the trend breaks and turns around, the trailing stop will automatically close the position.

Attempt zero loss

An attempt zero loss order is a type of trailing stop order that stops moving with the changing price of the asset once the position open price is reached. This type of order has one goal: to reduce your losses and try to exit the position at or near the original price of the transaction.

Specialist Trading Orders

Specialist Trading Orders

Good Till Cancelled is a trading order that remains active until completely filled or cancelled by the trader.

Immediate-or-Cancel (IoC) is a trading order that must be filled immediately at the limit price or better. This order type allows partial filling. The unfilled part of the order gets cancelled automatically.

Fill-or-Kill (FoK) is a trading order that must be filled immediately in its entirety at the limit price or better, or it will be completely cancelled. There is no partial execution with this order type.

Programmatic orders like One-Cancels-Other, One-Updates-Other, and One-Triggers-Other are coming soon. Stay tuned!

Positions tracking

Positions tracking

With multiple assets in your portfolio, sometimes you may be unsure of whether your trading is profitable at all. We have developed positions tracking to provide traders with real-time information about their trading performance. By utilizing this tool you will better understand whether a cryptocurrency trade was profitable or not.

Whenever you purchase or deposit cryptocurrency into your account at Xena Exchange, we remember the price of that currency. As the price grows or falls with time, we calculate your floating profit or loss and display it in the trading terminal.

Trading at the tips of your fingers

We have added some additional features for easier trading.

Market watch

Market watch

Market watch shows all the instruments traded on Xena Exchange. Click on the instrument name to reveal related details such as its chart, order book, etc. Go to the tab with the star to see your favorite instruments in the list.

Order book

Order book

Use the Order Book to assess the impact of your orders on liquidity: each row in the table shows the volume available for buying (red lines) or selling (green lines) at a given price.

Hotkeys

Hotkeys

Hotkeys allow you to switch order types, enter prices, and send orders without using a mouse or trackpad. Use hotkeys to quickly change the price and quantity of your order!

Virtual trading terminal tour

Explore how your trading can become more convenient and profitable with our online Trading terminal tour.

Needless to say, Xena Exchange is a completely new concept, different from anything that currently exists on the market. The competitive advantage of Xena lies in its instruments for profit extraction for all traders. Xena is already a great place for cryptocurrency trading, and we will be bringing even more advanced tools and functions to the exchange in the future.

Click here to open your account right now!

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