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Version: v25

Glossary

This article contains terms that are used in the Advanced Charts documentation.

Trading terms

Execution

The completion of a buy or sell order for a financial instrument. An execution involves matching a buyer and a seller and transferring ownership of the financial instrument.

Limit price

The maximum price a buyer is willing to pay or the minimum price a seller is willing to accept.

Order

A request made by a trader to buy or sell a financial instrument at a specified price and quantity. An order can have various attributes, such as a limit price, stop price, and duration. Depending on whether an order has been executed or not, it can be in various statuses such as canceled, filled, placing, or rejected.

Order duration

The time during which an order remains active.

Pip

The minimum price movement for Forex symbols. For more information on how to display pips, refer to the Price format section.

Position

The amount of a financial instrument held by an investor.

Stop price

A trigger price at which an order becomes a market or limit order.

Tick

The minimum price movement.

Trade

An individual position on Forex.

Technical terms

Datafeed

A middleware that requests data from a server and sends it to the library. Refer to the Connecting data article for more information.

Date range

A period of time that is currently visible on the chart canvas. This range changes when users scale the chart. Refer to Time Frames for more information.

Featureset

A toggle that allows you to enable or disable a certain feature. Refer to the Featuresets article for more information.

Series

A collection of data points that represents a specific metric over time. A series can be of different styles that affect how data is displayed on the chart. Refer to Chart styles for more information.