Terminal tour

Why this lesson exists

Before your first evaluation trade, you need to know which pane does what. The xtree terminal at /trade has five working areas, and every one of them feeds into a decision you'll make in the next sixty seconds.

This lesson is a walk-through, not a deep-dive. After reading it with the terminal open in another tab, you should be able to point at any region of the screen and say what it does.

The five panes at a glance

1. TerminalTopBar — the strip across the top with the market selector and your balance chip.
2. TradingChart — the big candle chart on the left, with TP/SL lines drawn directly on price.
3. BookAndTrades — the tabbed panel on the right showing the orderbook and recent trades.
4. OrderPanel — the order-entry panel below BookAndTrades on the right, where you actually place a trade.
5. TradeBottomTabs — the table strip across the bottom with Positions, Orders, and History tabs.

Open /trade in another tab and we'll walk through each in order.

TerminalTopBar — top strip

The bar across the top carries the market pill on the left (e.g. xBTC, xETH, xSOL, xGOLD, xSILVER, xOIL — the six markets xtree offers) and your balance and P&L chip on the right.

Click the market pill to switch markets. The chart, orderbook, and order panel all re-load to the new market instantly.

The balance chip shows your equity computed from mid-mark, not last-trade price. If you're wondering why your equity ticks every second even when no trade has printed — that's why.

TradingChart — the candle view

The chart fills most of the left side. It's a candlestick chart with timeframe buttons (5m, 15m, 1h, 4h, 1D) above the candles.

Three overlays you'll see once you have a position open:

• Entry line — a horizontal line at your fill price.
• TP line — green, drawn at your take-profit price (if set).
• SL line — red, drawn at your stop-loss price (if set).

You can drag the TP and SL lines on the chart to update them — the change writes back to the position. The Positions table at the bottom will reflect the new values within a second.

Mid-mark is the line the equity number tracks. It sits roughly between bid and ask in the BookAndTrades panel; we'll see that next.

If you've never read candles before, do lesson Reading a candlestick chart first.

BookAndTrades — orderbook and trade tape

The right-side panel has two tabs: Order Book and Trades.

Order Book shows asks (sells) on top in red, bids (buys) below in green, and the mid-mark in the middle. Each row is a price level with the size resting at that price. The further down the book a level is from the mid, the worse your fill if you market-order through it.

Trades shows the tape — every trade that printed on Lighter for this market, newest at the top. Green = buyer-initiated, red = seller-initiated. Watch it during news events: a tape full of green prints with thinning asks is the classic precursor to a leg up.

The orderbook lesson (Reading the orderbook) covers what the depth shape actually tells you.

OrderPanel — where orders are placed

Below the BookAndTrades panel sits the OrderPanel. Top to bottom:

1. Buy / Long and Sell / Short tabs. The destructive action stays at the top so you can always see which side you're committing to. Green for long, red for short — this colour convention is consistent across the whole terminal.
2. Margin mode pill — Cross or Isolated. Tap to switch. (See lesson Cross vs isolated margin.)
3. Leverage pill — capped per tier. On Standard ₹5L, the cap is the tier maximum.
4. Order type — Market or Limit.
5. Price — only editable on Limit orders; greyed out for Market.
6. Quantity field plus a percent slider (0–100% of available balance).
7. Value (notional in INR) and Cost (margin required) summary rows.
8. TP / SL fields — optional, but recommended for every trade.
9. The big coloured button at the bottom — green "Buy / Long" or red "Sell / Short".

Hitting submit pops a confirmation modal that shows Size, Price, Leverage, Margin mode, Notional, Margin required, Est. fee, TP, and SL. You can tick "Don't ask again" to skip this on future orders — don't, while you're still learning.

TradeBottomTabs — positions, orders, history

The strip across the bottom has three tabs:

• Positions — every open position. Columns include market, side, size, entry, mark, P&L, margin, leverage, TP, SL, liquidation price. The TP and SL columns are editable inline.
• Orders — limit orders that haven't filled yet. Cancel any of them from this tab.
• History — closed trades, with realised P&L per trade and a summary row at the top.

The Positions table is where you'll spend most of your time once a trade is on. Closing a position is a one-click action from this row — the close button respects partial closes too (25%, 50%, 100%).

Recap

• The terminal has five panes: TerminalTopBar, TradingChart, BookAndTrades, OrderPanel, TradeBottomTabs.
• Equity and rule checks run off mid-mark, not last-trade.
• Long is green, short is red, consistently across every pane.
• TP and SL lines on the chart are draggable and write back to the position.
• The confirmation modal is your last gate before commit — read it.

Next up: actually placing the order, field by field.

Test yourself

Next lesson: Placing your first order — step-by-step from market selection to fill.