What is an order ticket

The order ticket is part of the trading interface that lets you place and modify different types of orders. It appears on the right-hand side of Supercharts after you connect to your broker or paper trading.

Note: The order types you can place via the order ticket depend on the broker. This article covers the order ticket for TradingView paper trading.

Market: Requires only the number of units you want to buy or sell. Market orders are executed immediately at the best available market price, but the execution price may differ from the expected price.
Limit: Requires both the number of units and the limit price at which you want to buy or sell the asset. Limit orders may not be filled if there is not enough liquidity or if the market does not reach the specified price.
Stop: Also called stop-market orders. These orders remain pending until the asset’s price reaches the stop price. Once the stop price is reached, the order becomes a market order and is executed at the best available market price. Stop orders may not be executed if the price does not reach the specified level.

The interface allows you to select the following parameters:

Trade entry can be set in:
- Price: The exact price at which to execute a trade
- Price offset (bid): The number of ticks away from the current price for sell orders
- Price offset (ask): The number of ticks away from the current price for buy orders
Order quantity can be set in:
- Units: The number of shares, contracts, coins, tokens, or other tradable units you want to buy or sell
- Currency: The absolute cash amount you want to use for the trade
- % of balance: The percentage of your account balance you want to use for the trade
- Risk, currency: The absolute cash amount you’re willing to risk, based on the stop-loss
- Risk, % balance: The percentage of your account balance you’re willing to risk, based on the stop-loss
Take-profit and stop-loss orders can be set in:
- Price: The exact price at which to close a trade
- Ticks: The number of ticks away from the entry price at which to close a trade
- % of price: The percentage away from the entry price at which to close a trade
- Reward/risk, currency: The absolute cash amount to gain or lose
- Reward/risk, % balance: The percentage of your account balance to gain or lose

Tip: For different strategies and asset types, you may want to place different types of orders. To quickly switch between them, configure an order once and save it as an order preset.

Another feature is multiple exits. Click "Add level" and enter additional parameters to lock in profits and limit losses in stages.

Extra settings include time in force — the amount of time an order remains active or pending. If the order is not submitted or filled before this time expires, it will be canceled.

In the order info section, you can see details about your order. When an order is executed, this section becomes Position info and shows information about your trade.

For both orders and trades, this information section includes:

Leverage
Value in ticks or pips
Trade value
Risk/reward
And more

The order ticket in a nutshell

The order ticket is one of the most important parts of trading. Using it properly allows you to enter and exit trades with better precision, avoid overpaying, limit losses, and manage gains. Its interface provides trade details before you send an order to your broker and gives you an overview of active trades.