Trade settlement timelines, meaning "trade date plus X days."
T+2: Standard for most equities.
T+1: Becoming the norm in many markets (e.g., U.S. in 2024).
T+0: Same-day settlement (common in crypto and spot FX).
An order designed to close a position at a predetermined profit level.
Analysis of securities through statistics, charts, and indicators rather than fundamental data.
Use proven indicators and chart studies to enhance your options game.
A calculated value, based on historical price or volume data, used by traders to analyse trends, momentum, volatility, or other aspects of market behaviour. HAMMER Pro supports over 100 technical indicators that can be used in chart analysis and custom scanning setups. Examples: Moving averages, Bollinger Bands, Relative Strength Index (RSI). Related terms: charting, technical analysis, real-time scanning.
A price-action trading method that classifies candlesticks into simple patterns (inside, outside, directional bars) for quick, objective decisions.
The smallest possible price movement of a security.
Example: A tick for a futures contract might be 0.25 points.
The minimum price increment in which a security can move or be quoted.
Regulated by: Exchange rules (e.g., NYSE, CME)
A condition on an order specifying how long it remains active.
Types:
Manage risk, compliance, and execution — all in one place.
Any method that helps you decide when to buy or sell. Hammer Pro helps you build, scan, and test any strategy — from simple to advanced.
Automated or manual rule-sets for consistent trade execution. Design your own system in Hammer Pro for any market.
A dynamic stop-loss that adjusts with price movement, locking in profits while allowing room for trend continuation.
Example: Set 10% below market price, and it rises with the price but never goes backward.