Fig.2. Possible configuration option Transaq
Let’s consider how to independently configure Transaq to the view shown in Fig.2.
1. Launch Transaq.
2. Enter your logins and password. Wait for the download.
3. Click “File” à “Save Configuration”. Specify the file name under which you want to save the default window configuration. Click “Save”.
4. Let’s set up the window. First, let’s set up the tools window. The Tools window is used to quickly select the necessary tools and display the current market information on the instrument. Click “Tables” à “Financial Instruments” in the Transaq menu. Set the window as shown in Figure 2.5.
5. Hover the mouse pointer inside the white area of the Financial Instruments window and right-click. Click “Select Tools”.
6. Click on the “+” image next to the inscription “Stock market of the Russian Federation”, then “Shares, units, funds”. Scroll through the list before listing the shares of Russian companies.
7. Double-click the left mouse button to start selecting the desired stocks (stocks will appear in the right window “Selected tools”). Let’s choose the shares of GAZPROM JSC, GMKNorNik, LUKOIL, Mosbirzha, Sberbank. Choose the USD/RUB and EUR/RUB currency pairs yourself. To do this, select the “Currency Market of the Russian Federation” à ETS Contracts à EURRUB_TOD and USDRUB_TOD in the “Choice of instruments” window. Using the buttons with the image of long black arrows, set USDRUB_TOD as the penultimate tool, and EURRUB_TOD as the last. Click “Apply”.
8. Manually set the columns in the “Financial Instruments” window, as shown in Fig.2, i.e. “Instrument code”, “Instrument”, “Last transaction”, “Lot”, “Opening”.
9. Next, we will set the chart window. The chart displays historical data on price movement, the predominance of purchase orders or including the current trading day. This window displays information about current applications (if you click the “Show applications” button in the Transaq toolbar (colored buttons under the menu)). Click “Charts” à “New Chart” in the Transaq menu. Manually set the window as shown in Fig.2.
10. Move the mouse pointer inside the white area of the window with the graph “GAZPROM AO – TQBR – Tick”. Click the right mouse button. Select “Period” à “1 day”. A Gazprom stock chart will appear, on which each bar displays the price movement for 1 day of trading.
11. Hover the mouse pointer over the graph and move the mouse wheel to zoom in, while holding down the left mouse button, move to move to the desired part of the graph. Do not forget to shift the chart before trading so that the information of the current trading day is displayed.
12. By default, the chart is displayed in colored bars. Hover the mouse pointer over any colored bar and right-click. Select “Chart Type” à “Colored Candles”.
13. Let’s add a couple of indicators (about them below). Hover the mouse pointer over the white space and select “Add Indicator”. Click the “Full list” checkbox. In the list, select Volume, click OK. Click the “Design” sub-window. Select “Color histogram”, click OK.
14. Add the AO indicator (the wonderful Larry Williams indicator) by selecting “Color histogram”.
15. Reduce the added indicator subwindows in height to an acceptable level by hovering the mouse over the upper border of the desired subwindow and dragging it down or up with the left mouse button pressed.
16. To switch the chart when selecting a tool in the “Financial Instruments” window, hover the mouse pointer over the white space inside the “Chart” window and select “Linked tables” à “Link table to”. Select the single line “Financial Instruments” and click Select. Now try to select the desired instrument in the “Financial Instruments” window. The schedule will change to the desired one.
17. Add A Glass. In the Transaq menu, select “Tables” à “Quotes”. Set the parameters of this window as in Fig.2.
18. Hover the mouse pointer over the white space inside the Quotes window and select “Linked tables” à “Link table to …”. Select the single line “Financial Instruments” and click “Select”. Now try to select the desired instrument in the “Financial Instruments” window. Set the width and position of the columns of the Quotes window as in Fig.2.
19. Connect the Briefcase window. In the Transaq menu, select “Tables” à “Portfolio T+/MMA/EP”. Set the window manually as in Fig.2. Click the right button on the white space of the window and select Column Settings. Double-click to remove the checkboxes “Currency”, “Asset type”, “Market”, “Register”. Click OK. Manually move the columns as shown in Fig.2. It should turn out like this: Instrument, Current price, Position, N/A unrealized, Balance price, Valuation. By clicking on the colored lines, remove redundant information. Leave a line with the current price!!! The portfolio reflects the situation of your transactions. The key information is the current price (in Figure 2, 131.12 rubles), the volume of lots in the Position column (in Figure 2, 1760 shares or 176 lots (1 lot of Sberbank = 10 shares, which is displayed in the Financial Instruments window, Lot column)), your current profit/loss (if you have a profit, then the numbers are colored black, if a loss, then red), the book value (reflects the average price of the purchased shares for this instrument, because you could buy 176 lots, for example, as 100 lots at a price of 120 rubles and 76 lots at a price of 125 rubles). The rating column shows the size of your account in dynamics, the second line shows the amount of available funds on the account. You should leave free money to pay for the broker’s services (at least 500 rubles approximately). By right-clicking the line that displays the current price for the desired instrument, you can close this position or all positions in the portfolio. The portfolio may contain information, for example, on the dollars, euros, stocks, bonds you bought. According to the portfolio, you can make management decisions on the purchase of individual instruments or vice versa on the reduction of positions or their closure.
20. Add a transaction window that reflects information about your transactions. In the Transaq menu, select “Tables” “Deals”. Set the window manually so that it covers the Briefcase window without closing the header, and then collapse it. Using the vertical scroll bar Transaq find the minimized window and pull it up as in Fig.2. Now you can view information about your transactions by expanding and minimizing this window. This is a very useful window that displays the status of transactions and their number, how many lots and at what price passed for each transaction. With the right mouse button, you can enter applications or remove applications / a group of applications. But this is not the main way. More on this below.
21. Add a transaction window that reflects information about your transactions. In the Transaq menu, select “Tables” “Applications”. Set the window manually so that it covers the Briefcase window without closing the header and then collapse it. Using the vertical scroll bar Transaq find the minimized window and pull it up as in Fig.2. Now you can view information about your applications by expanding and minimizing this window. This is a very useful window in which you can monitor the status of conditional orders (Active, Rejected by the broker, Withdrawn).
22. The result is shown in Fig. 3.
Fig.3. The Transaq window after the above actions.
23. Add money to the account through the broker’s cashier, in the mobile application or through the website, let’s say 3000 rubles.
24. We will make a deal to buy 1 lot of shares of the Moscow Stock Exchange.
25. Check that the Portfolio window displays the amount of 3000 rubles on your account. In the “Financial Instruments” window, select the “MOEX” (Moscow Exchange) tool. There are several ways to initiate the entry of an application. You can right-click on the “Mosbirzha” line of the “Financial Instruments” window and select “Enter an application”, you can also press the Ins key. You can left-click on the white area of the Graph window and press the Ins key. You can hover the mouse over the desired price in the area with red price tags (sellers) or with green price tags, right-click and select “Enter a request”. Or just press the Ins button. The application entry window will appear. Fill it in as shown in Figure 4.
Fig.4. Entering an application into Transaq software.
Let’s look at the application input parameters in more detail. For the graph of the change in the price of the Mosbirzhi stock shown in Fig.4, the current price is 92.54 rubles. If you want to buy 1 lot (note that one lot of the Mosbirzhi stock contains 10 shares, respectively, to buy 1 lot at the market price of 92.54 you need to have 925.4 rubles on your account + money to pay the broker’s commissions and to pay the subscription fee) at the current market price, then click “Buy” enter the number of lots and activate the “Market” checkbox. In our case, we expect that the price will fall to or below the level of 80 rubles per share, so we will uncheck the “Market” box, indicate the price of 80 rubles and set the condition “Best buy or deal”. Let’s pay attention to the deadline condition of the application – “until cancellation”. If you select “before cancellation”, the request will be postponed to the next day if it is not executed on the current day.
After clicking the “Execute” button, our application with the status “Active” will be displayed in the “Applications” window. Further, if the “Market” checkbox was selected, then the desired number of lots will be automatically purchased at the nearest market price displayed in the red zone (Sellers) of the Glass. If you specified a price lower than the current one, a purchase order will be issued. A green marker will appear on the chart indicating your price, and the application will wait for the condition to be fulfilled. Please note that if you wanted to buy 1 lot at a price of 120, for example, when planning a further price increase, then using a regular application, your application will be executed immediately, and you will purchase 1 lot at a price of 120 rubles or higher, depending on the offer. Be careful not to make such an oversight. There are conditional applications for such tasks, which we will discuss below.
Suppose you bought 1 lot of Mosbirzha shares at a price of 80 rubles, and it is displayed in your Portfolio window. Then the price starts to rise and reaches the level of 100 rubles. You have a desire to sell your shares as soon as possible. Activate the application entry window again, select the “Sell” button, enter the number of lots 1 for our example, specify the price “Market” or say 99.5 rubles or 101 rubles, depending on your calculations of the expected price, select the condition “Best sale or transaction” and click “Execute”. If the “Market” checkbox was checked, an immediate sale will occur at the market price, say 99.69 rubles or 100.32 rubles, i.e. at the price the offer for which was available at the moment.
Please note that the situation regarding the number of transactions, and, consequently, the amount of the commission charged, significantly depends on how exactly you enter the data in the application. Suppose that you want to buy already 100 shares of the Moscow Stock Exchange, i.e. 10 lots at the market price. In the glass in the red zone (Supply, the green part is called Demand) at the moment we see the situation as in Table 5.
Table 5. Example of an offer of a Glass of shares of the Moscow Stock Exchange.
|Transaction No.||Price, rub.||Volume in lots||The volume of lots in transactions|
When you click the “Execute” button, the broker will buy 10 lots for you with four deals as shown in Table 5. You probably won’t be satisfied that instead of 1 transaction you made 4 and paid an increased commission to the broker. Therefore, usually an experienced trader looks into a Glass and puts out an application so that it is executed for 1 transaction, i.e. indicates for our case the price of 100.15 rubles and the number of lots 10. Then the broker will buy 10 years with one transaction if at the time of the transaction someone else from the clients did not place an application for, say, 3 lots at the price of 100.15. In this case, the queue of applications is valid and the first one to process is the previously issued or larger application, i.e. what is more profitable for the broker. Alternatively, in the application entry window, you can set the condition “Completely or reject” or “Withdraw the remainder” in the “Additional parameters” block.
To study in more detail the features of entering applications, you can in the TRANSAQ documentation, also later in this book a separate chapter will be devoted to this issue.