The maximize button in the middle expands the window to fill the CyberTrader Pro window. Enter the name of the company (or symbol, to display the name of the company).
Logon & Logoff
To switch between trading accounts, choose the correct account in the Account field in the Statistics Panel. Be extremely careful when trading on multiple accounts to avoid placing trades on the wrong account.
Layouts
This will minimize the window to the bottom of the CyberTrader Pro window (just above the Windows taskbar). Click on the icon in the upper left corner of the window and select Close.
Configuration & Troubleshooting
You can also view the connection status of certain routing locations in the status bar. Status bar in the main menu and check the routes for which you want to see the connection status.
TRADING TOOLS
Stock Box
Shift + Up/Down arrows on your keyboard to increase or decrease the price by 0.005. Shift + Left/Right arrows on your keyboard to increase or decrease the price by 0.001.
Tips
To access the up and down scrollbar, right-click and select Show Scrollbar in Level II or Time and Sales fields. You can click on any price level within Tier II to set the order price.
VIEWS
Subsequent stocks entered in the Stock Box will replace the stocks in the Dynamic Ticker. When checked, additional order type and condition options are displayed in the Stock Box window (if available for the selected routing location).
Basket Orders
Click the order in the Cart Orders window, then right-click and select Edit (selected) or Orders > Edit (selected) from the menu. Click on the order in the Cart Orders window, then right-click and select Remove.
Execution Control Panel
Specify the location on your computer where you want to save the basket (the default is the CyberTrader/Baskets folder). NOTE For limit orders placed from the execution dashboard, the limit price in the stock field is used, not the internal prices displayed on the panel.
ECN Book
Symbol Lookup
Crossed/Locked Alerts
DECISION SUPPORT TOOLS
CyberCharts/Studies
This study has the option to change the period used in the calculation (14 is the default). This study has the ability to change the periods used in the calculation (the first period is %K(fast), the second is %D(fast), the bottom is This study has the ability to change the periods used in the calculation (14 is the default.).
CyberQuant Screener
Month Opening Difference between the opening price of the month at the beginning of the month and the current price, expressed as a point value. Year opening Difference between the opening price at the beginning of the year and the current price, expressed as a point value. Determined by calculating the ratio of the average up-closes for the last 9 days (using today's current price for the 10th day) divided by the sum of the average up-closes and the average down-closes for the same period .
Tickers
Now stocks entered into the Stock Box inventory will also load into the Dynamic Ticker. There are three types of graphs that can be displayed in the graph ticker: the activity rate, the net value and the rate adjusted value (or score). The numeric portion of the graphs displays the actual number of signals printed in the data window.
Top Ten/Highs & Lows
Colors Through the Color option you can change the entire color scheme of the Top Ten window. General Clicking on Layout will open the window that allows you to design the Top Ten layout. In Class Top Ten you can enter up to 5 symbols to exclude from your top ten window.
Trade Alerts
The price level filter allows you to set the price level below and above which the stock will be ignored. The five-day average range filter allows you to set a five-day average range below which the stock will be ignored. The price level filter allows you to set the price level below and above which the stock will be ignored.
Order Flow Tools
Executions Clicking this option displays all executions on the New York Stock Exchange in the brokerage. Typing a stock into the Stock Box field will update The Hammer immediately if the Stock Box is connected (Settings > Connections) to the Hammer. Use the arrows inside this option to increase/decrease the number of fields or enter a number.
Sectors Tool
Select whether you want to view the long names or abbreviations for the industries, industries, and subsectors. Right-click on any of the column headings (except Name, which is a fixed column) and select another field from the drop-down menu, OR. A blue line appears between the column headings, indicating where the column will be inserted.
ALERTS
About Alerts
Due to this change, any alert, stop loss and conditional order may be activated after business hours. Default orders with "Trade Price" as criteria may be activated based on prints posted after business hours. Alerts and conditional orders placed on NYSE securities during pre- or post-market hours will only be able to be activated after the market opens, even if the security is traded through an ECN.
Adding an Alert
This means they update Level I data up to 2.5 hours after the market closes. NYSE alerts are based on Level I bid and ask prices, which come only from the exchange and never from third-party sources such as ISLD.
Setting Alert Conditions
Bid Bases your alert on the inside bid price at the time you set the alert. Ask Bases your alert on the inside ask price at the time you set the alert. Volume Bases your alert on the cumulative intraday volume at the time you set the alert.
Trailing Stop Loss
Trailing Stop only applies to the winning and losing operators, but can be applied to a point value or a percentage. Where a regular stop loss is based on the change between the current market price and the value you specify, the trailing stop compares the highest or lowest point the stock has reached since the alert went in with the value you specified. EXAMPLE Bob placed a trailing stop to close his long position (which was at $20 when the alert was triggered) when it lost $.05.
Setting Alert Actions
Box If the alert is lit, the symbol you specify here will load into the selected inventory box. In some cases, if you are entering an order and your alert lights up for a different symbol, you may be sending the order for the alert symbol rather than the one you intended to place an order for. NOTE Because this action will send an order, make sure you have completed all fields correctly before triggering the alert.
Setting Advanced Alert Options
The order will not be placed unless you are logged in and confirm the order. TIP Find sounds to play: You'll need to use .wav files, which are a common type of audio file. Some .wav files can be downloaded from the web and several are included with the Windows operating system software.
Applying Alert Templates
To activate an alert template that does not require an open position, click Finish in the Alert Templates window and fill in any blank fields. Select the alert template to apply to the symbol, or you can create a new alert. You will be prompted to fill in any remaining variables for the alert and then the alert can be set.
Editing Templates
Sample Templates
ACCOUNT MANAGEMENT & STATISTICS
Statistics Panel
Account Manager
- trades not allowed with start
- or greater trades not allowed with start of day equity less than
- Approval
- Approval
- Approval
This message is sent if CyberTrader was unable to send the order to the router. Market orders are not allowed outside This message is sent if you try to place a smart. This message is sent if you try to place an order and the account is blocked from trading.
Portfolio Manager
Shows the total profit or loss (excluding commissions) of all short trades completed on that day. Shows the total profit or loss of all overnight positions closed on that day, excluding commissions. Shows the net profit or loss of all overnight positions closed on that day.
ORDER ROUTING
About Order Routing
How to Route an Order
If order confirmation is enabled in the Storage Box Settings > General window, you will be asked to confirm the details of your order before it is shipped. Depending on the routing location you use, a window may appear allowing you to make changes to the order before it is shipped.
Shorting
Keyboard Settings
Index Symbols Available with CyberTrader
Trading Hours
Pre and Post Market Trading
Order/Position Management
Any given position can be closed on the Open Account Manager page or in the Open Positions window. Right-click the order on the Open Account Manager page or in the Open Positions window. Understanding the policy guidelines will allow you to determine when a single fee is assessed for multiple orders or partial fills of the same inventory.
Order Routing Venues
Smart orders work from a "snapshot" of the market at the time you enter the order. IOC (Immediate or Cancel): Any part of the order that is not executed immediately will be cancelled. Routes orders based on best available price and order stock size.
Options Trading
AON All or nothing; All contracts must be fulfilled or the order will be cancelled. MKT CLO (Market on Close): A market order that can be filled at the close of the market. If the full number of contracts is not available, the order will be canceled immediately.
Futures Trading
The Sum and Average columns can be shown or hidden by checking Show future sum and/or Show future average in the Settings > General menu of the stock box. Limit: Order that can only be executed at or better than the limit price you specify. It can be entered at any time during CyberTrader Futures trading hours and expires at the end of the trading day (4:15 PM ET).
GLOSSARY
The color of the candlestick is determined by the ratio of open to close. Daily (Only) Order: An order condition that causes your order to be canceled at the end of the current day's trading if specified limits are not met. Ex-Dividend Date: The date when the stock split or dividend is reflected in the price of the security (if you buy the stock on the ex-dividend date, you are not entitled to the dividend); for splits, this is the trading day following the split.
Displays the current best Bid and Ask prices, volume, close price from the previous trading day, open price, high and low price for the day, and perhaps the ratio of shares or market participants
Last Split Date: The last date on which the shares of a security were increased or decreased by splitting. Last Trade: The price at which the last trade was executed; after the market closes, this is the closing price.
Level II provides a view of all Market Makers and ECNs making a market in a particular security
Consists of Level II Service plus the ability to enter quotations, direct/execute orders, and send information; this service is restricted to NASD member firms that function as registered Market
Puts can also be bought to protect an investment in case the price of the stock falls. If the price moves to or above the stop price, the order becomes a market order and will be executed at the current market price. If the price moves to or below the stop price, the order becomes a market order and will be executed at the current market price.
