Using our mobile app or OANDA Web Trading? Please see our OANDA Mobile Trading user guide or OANDA Web Trading user guide. To set up user preferences for your OANDA Desktop Trading program, click on ‘Tools’ and then click on ‘User Preferences’. The window has seven tabs:


You can return all preferences to their default size/settings by clicking the ‘Restore Defaults’ button. This feature is available on every tab. If you click this button and want to return to your customized settings, restart the program.

Back to OANDA Desktop Trading user guide


Chart Tab back to top

The Chart tab lets you customize your chart features. Below are some of the things you are able to customize. Follow the numbered chart and corresponding image below to locate your desired feature.

1. Check the ‘Draw Horizontal Graph Line’ box to show a horizontal crosshair running across the chart area at the cursor location.

2. Check the ‘Draw Vertical Graph Line’ box to show a vertical crosshair running across the chart area at the cursor location.
 
3. Check the ‘Draw Graph Information’ box to show detailed rate information in the bottom-left corner of the graph for the time at the cursor location. This information varies with the type of graph you've selected.

4. Check the ‘Auto-extend Trendlines Left’ box to extend trendlines from the beginning of the graph to the left of the graph. For information on trendlines, see drawing trendlines.

5. Check the ‘Auto-extend Trendlines Right’ box to extend trendlines from the beginning to the right of the graph. For information on trendlines, see drawing trendlines.

6. Check the ‘Magnetic Trendlines’ box to automatically snap trendlines to the exchange rate curve in the graph.

7. Click on the drop-down menu next to ‘Default Trendline Colour’ to set the style(s) of your trendline (i.e. dotted line, solid line, etc.).

8. Click on the drop-down menu next to ‘Choose Trendline Style’ to show detailed rate information in the bottom-left corner of the graph for the time at the cursor location. This information will vary based on the type of graph you've selected.

9. Check the ‘Hide Empty Candles’ box to ignore empty candlesticks when calculating overlay/indicator data.

10. Click on the drop-down menu next to ‘Daily Candle Start/End Time’ to choose the daily time of day at which candlesticks start and end.
 
User-added image

Rates Tab back to top

The rates tab lets you specify which currency pairs and commodities are visible on your fxTrade interface.

The pairs and pair order shown in the ‘quote list’ on the right side reflect what will appear in the fxTrade interface.

1. To add currencies to the fxTrade interface, select the currency from the list on the left. Click on ‘Add’ to bring the currency to the ‘quotes list’ on the right.

2. To add all currencies, click ‘Add All’.

3. To remove currencies from the fxTrade interface, select the currency from the ‘quote list’ on the right and click ‘Remove’.

4. To remove all currencies and start again, click ‘Remove all’.

5. To add or remove commodities or CFDs (not available in the United States), change the pulldown menu located above the list on the left from 'All' to 'CFD'.

6. To change the order in which currency pairs are displayed on the ‘Quote list’, select each currency pair you want to move, for example ‘EUR/USD’, and then click the arrows next to ‘Move Up’ or ‘Move Down’ to change their position on the list.

 

User-added image

Periods Tab back to top

The Periods tab lets you set the desired timeframes available on the program. For example, if you wish to trade on daily charts, you can add the ‘1 day’ option to the ‘Selected Time Periods’ list.

1. To set your selected time periods, choose your desired time periods from the list of ‘All Time Periods’ located on the left and click ‘Add’ to add them to your ‘selected periods list’.


2. To add all time periods, click ‘Add All’.


3. To remove time periods from your ‘selected time periods’ list on the right, select your desired length of time and click ‘Remove’.

4. To remove all time periods and start again, click ‘Remove All’.

 
User-added image

Trading Tab back to top

The trading tab lets you change the default parameters that appear when you're making a trade.

Change trading settings for individual instruments

The following settings can be applied to individual instruments (if you select an instrument and click the ‘Use Custom Settings’ box) or all instruments:


1. ‘Market’: choose an instrument from this list box if you want to use custom settings for that specific instrument. Leave "DEFAULT" selected if you want the settings to apply to all instruments.

2. Use Custom Settings: check this box if you want the settings to apply to the instrument that you selected from the Market list box (this box is greyed out if the DEFAULT market is selected). After you customize settings for a particular  instrument, you can toggle between those settings and the default settings by clicking this check box on and off.

3. Default Order Size: this feature allows you to set the default order size used in any "Units" field (when placing a market order for example). Use the pulldown menu beside this field to set the default number of units or the amount of account currency, or the percentage of units available to trade.

4. Default bounds: the default value that appears in the bounds fields of the Buy/Sell window. Choose from pips, a percentage, or a monetary amount.

5. Default stop loss: the default value that appears in the Stop Loss field. Choose from pips, a percentage, or a monetary amount.

6. Default take profit: the default value that appears in the Take Profit field. Choose from pips, a percentage, or a monetary amount.

7. Default trailing stop: determines the default amount and units (pips, price, a set amount of the home currency, or a percentage of price, balance, or NAV) for trailing stops.

8. Default limit order duration: by default, entry order expires after one week. Instead, you can set the default expiry period to a selected number of hours, days, or even a month.

Global trading settings - the following settings apply to all currency pairs:

9. Enable bounds by default: automatically enables and populates the bounds fields in the order window with the default bounds.

10. Enable stop loss by default: automatically enables and populates the stop loss field in the order window with the default stop loss.

11. Enable take profit by default: automatically enables and populates the take profit field in the order window with the default take profit.

12. Enable trailing stop by default: enables the trailing stop and uses the default trailing stop values every time the entry order and market order windows are opened, or for any one-click trades.

13. Show confirmation windows: click if you want to see windows asking you to confirm your action after you buy, sell, close, or modify a trade order.

14. Confirm position reversal: notifies you if a position is being reduced, closed, or reversed by a new trade. This notification will be issued even if confirmation windows are disabled.

15. Confirm one-click trades: when checked, provides a confirmation window for one-click trades that you make from the quote panel.

16. Show one-click trades tooltips: when checked, displays a tooltip window of trade details when you hover the mouse over any quote panel.
 

User-added image

Locale Tab back to top

The Locale tab lets you choose settings related to your language and geographic location.

1. Select your desired ‘Language’ from the drop-down list to change the text on your fxTrade account to a different language.

2. To set your time zone, click on the drop-down ‘Time Zone’ menu. By default, the time zone matches the one set in your computer's operating system. Please note, because some regions use daylight saving time at different times of the year, you also need to select your geographic area to ensure the system tracks these time changes.

3. Numbers are written in varying formats around the world. To change the number format shown in the fxTrade interface, choose your country from the drop-down list right of ‘Country’. Next select the language the numbers will be written in, by selecting the drop-down menu right of ‘Written In’. Please note: only official and most commonly used languages spoken in the country are shown.

4. A ‘Sample’ number will appear that will show you the specific format of the numbers.

5. Click ‘Save’ when you are done setting your local preferences.
 

User-added image

Sounds Tab back to top

The Sounds tab lets you add your own sound alerts for various events.

1. To do this, first check the box beside the event to which you wish to add a sound alert, such as ‘Buy Market Filled’.

2. Next click ‘Browse’ to locate a sound file to associate with that event on your computer. You can use any AIFF, Au, MIDI, or WAV file located on your computer.

3. Finally click ‘Save’ to set your sound preferences.

4. You can also ‘Restore Defaults’ and start again if you want to revert it to the original settings. The restore default button is located in the bottom left hand corner.

 

User-added image

MISC Tab back to top

The MISC tab lets you choose various miscellaneous settings.

1. Clicking ‘Show Dual Bid/Ask Columns’ shows the bid and ask prices in separate columns in the rates list. When not checked, the last three digits of the ask price are shown after the bid price in the same column (for example 1.56950/959).

2. Clicking the ‘Colour Coded Tables shows pipettes or "fractional pips" in the tables, graphs, and current rate displays. If pipettes are hidden, the rates are rounded to the nearest pip for display purposes.

3. Clicking ‘Full Word Filter sets the table filter to search for whole words only.

4. Clicking ‘Auto Save Profile’ allows the system to save profile changes automatically.

5. Clicking ‘Show Pipettes displays the full price rates to the pipette (5th decimal place) level if enabled or rounds to pip (4th decimal place) level if disabled.

6. Clicking ‘Sort Sub Accounts’ orders sub-accounts alphabetically. When not checked, sub-accounts are typically ordered by creation date. Please note, this order appears in both menus and the sub-account switcher.

7. You can set which sub-account is set as your ‘Default Account’ by using the drop-down menu right of ‘Default Account’.

8. You can lock your OANDA Desktop Trading screen after a certain number of minutes by entering a value into the field right of ‘Lock Screen After’. Use a value of zero ‘0’ if you want to disable screen locking.

9. Click ‘Save’ once you are ready to save your preferences.
 

User-added image

Get more help