Bonus Trading Manual – MetaxPro

This manual covers how to trade with Bonus Trading, including the selection of currency pairs, leverage, and various other features.

The three main features offered by Bonus Trading

We have created an environment that is easy to use for all users and plan to further improve and enhance the functionality.

1.Currency Pair Settings

Under "Markets" on the left side of the screen, you will find items for Pair, Price, and Change. You can select the currency pair you wish to trade. When a currency pair is selected, the graph in the center (TradingView) will automatically change according to the selected pair.

2.Graphs (TradingView) and Entry, Position Details

By integrating the globally popular service TradingView into MetaxPro, we have created an even more user-friendly environment for trading. A brief explanation of each technical term is summarized at the bottom of the graph for your reference.

--- Open Order ---

Created Time: The time you entered the trade.
Symbol: The currency pair you entered.
Direction: The direction of your trade (Buy, Sell).
Leverage: You can select the leverage (5x, 10x, 20x, 50x, 100x) based on the margin.
Margin: Your capital for trading.
Entry Price: The price of the currency when you entered the trade.
Take Profit: Commonly referred to as TP, it is the position at which you want to take profit, set before entering the trade.
Stop Loss: Commonly referred to as SL, it is the position where you will stop your losses, set before entering the trade.
Unrealized PnL: The current profit or loss.
Unrealized PnL Ratio: The percentage of your margin currently shown.
Operation
- Close：Close your current position.
- Partial liquidation：Partially close your position.
- Add margin：Add more margin.
- Reverse Open：Reverse stop-order placement.

3.Detailed Trading Conditions and Actual Entry

Let’s go through the buttons used in actual trading and how to hold positions together.

Procedure ①

Decide whether you want to take a BUY or SELL position by selecting it from the red frame.

Procedure ②

Choose whether you want to place a market order or a conditional order.

※Market Order：An order placed without specifying the price when buying or selling.

※Conditional Order：An order placed by specifying execution conditions in advance.

Procedure ③

Leverage in the financial industry refers to using borrowed capital to potentially increase returns. Choose based on your margin.

※On MetaxPro, you can select leverage from 5x to a maximum of 20x against your margin.

Procedure ④

Set how much of your capital to use as margin here. The more margin you put in, the higher the risk.

※Aside from manually entering values, you can also use the blue bar below to set it.

Procedure ⑤

You should adjust the TP (Take Profit) position depending on the time frame analyzed using candlestick charts. TP allows you to decide when to take profits. You can set a percentage based on your margin, or input specific values.

※The position of the TP should be changed depending on which candlestick time period is analyzed.

Procedure ⑥

You should also adjust the SL (Stop Loss) position based on the candlestick analysis. SL allows you to set a position for cutting losses. You can set a percentage based on your margin or input specific values.

※You need to adjust the SL (Stop Loss) position depending on the time frame analyzed using candlestick charts.

※An RR ratio of 1:2 or higher is generally preferred.(RR stands for Risk to Reward ratio)