TradeStation Help

Matrix Positions

In addition to providing at-a-glance market depth information, the Matrix window allows TradeStation clients to display the average position price with associated P/L for open positions for the current symbol along with the symbol's VWAP (Volume Weighted Average Price) for the session. The Quote Bar is used to view general order settings while the P/L, Orders, and Price columns display position information and open order status. For information about price and volume values, see Matrix Price and Volume.

Field Name	Description
Quote Bar	The Quote Bar displays a summary of position and order values for the current symbol. By default, the first several columns display the symbol name, bid tick direction, net change in position, open position shares/contracts, and open position P/L (profit/loss for the open position). The two columns on the right side of the Quote Bar are editable fields that specify the order Quantity and Account number to use for placing next Matrix order. Additional fields may be added or removed from the Quote bar using the Format > Columns > Quote Bar menu sequence.
Open Orders	All Open Orders will be displayed in the Orders column. Buy orders will be preceded by a B and sell order by an S. A second S will indicate that the order is a Stop order. Each open order cell displays two numbers: the first represents the number of shares/contracts actually filled and the second the number of shares/contracts remaining to complete the order.
Position P/L	If the client has an open position, then the P/L column will display a scale consisting of the position's break-even point with position (profit) values above and negative (loss) values below. P/L Account Currency (default column) - Displays the position profit/loss for each price level above and below the break-even point based on the currency of your TradeStation account. P/L Account Currency % (optional column) - Displays the position profit/loss in percentage terms for each price level above and below the break-even point based on the currency of your TradeStation account. P/L Symbol Currency (default column) - Displays the position profit/loss for each price level above and below the break-even point based on the currency of the Matrix symbol. P/L Symbol Currency % (optional column) - Displays the position profit/loss in percentage terms for each price level above and below the break-even point based on the currency of the Matrix symbol.
Position (Avg Cost)	The average price of a client's open position for the current symbol is identified by changing the color of the price cell at the average price level. As the client adds or removes from the position, the location of the Position (Avg Cost) cell will change. If the average price of the position is the same as the Last price, then the Last price cell coloring will take precedence. However, you'll still be able to determine the location of the average price by matching it to the zero point in the P/L column.
Potential Order Type	The order type and price of a potential order are highlighted whenever the cursor moves over a bid or ask price. Buy orders are initiated from the Bid column and sell orders from the Ask column. The type of order matches the LMT / STP / STL selection from the Trade Order bar.
VWAP	The VWAP (Volume Weighted Average Price) consists of a marker to the left of the price at which the majority of a given day's trading in a given security took place. VWAP is calculated by adding the dollars traded for the average price of the bar throughout the day ("avgprice" x "number of shares traded" per bar) and dividing the total shares traded for the day.