Control Center As the name indicates, Control Center is the core of the NinjaTrader platform. It enables a trader to view account details, past and pending orders, outstanding positions, and historical log information. Other global commands and features are also enabled or disabled by the Control Center while allowing access to other windows in the NinjaTrader platform. Order window NinjaTrader allows placing orders in the Forex and other markets using five different windows: Basic Entry FX Pro Order Ticket Dynamic SuperDOM Static SuperDOM Each of these windows has some unique characteristics. Apart from the usual limit and market entries, the Basic Entry window enables a trader to choose the current best ask or bid rate. This could be useful during calm periods. Once a trade moves in favor of a trader, the BE function can be enabled. This adjusts all stop-loss orders to break even. Likewise, the Rev menu enables a trader to close their pending long or short positions and open a reverse position with a single click. It would be useful to traders when there is unexpected news that causes a price reversal. NinjaTrader - Basic Entry Quite often, a trader would wish to enter only when a level is breached. For this, NinjaTrader has provided a separate button, known as MIT (Market If Touched). The MIT order changes into a market order when a particular level is hit. Different brokers support MIT in a different manner. Some Forex brokers’ servers do not act on it after a user shuts down the NinjaTrader terminal. So, it would be wise to check a Forex broker’s approach towards MIT orders before using the facility. NinjaTrader also facilitates GTC (Good-Till-Canceled) and GTD (Good-Till-Day) orders. Furthermore, using the ATM (Advanced Trade Management) button, custom entry and exits (specific number of pips for stop-loss and take-profit) can be created. It can be even saved as a template, which can be later applied while placing orders. The platform also supports OCO (One-Cancels-Other) orders. This would be useful for channel traders - to sell at resistance or buy at support, whichever comes first. While placing the order, NinjaTrader also shows the liquidity available at a specific price level. This facility could be useful to high volume traders. The FX Pro order window is specifically provided for Forex traders to quickly place orders.