What is a Bracket Order?
A Bracket Order is an order setup that can include:
Entry direction
Quantity
Stop loss
Take profit
Bracket Orders are useful when you want to enter a trade with preset exit levels already prepared.
What are Bracket Templates?
Bracket Templates allow you to save common bracket setups so you can reuse them later.
Instead of entering the same stop loss, take profit, and quantity every time, you can create a template and select it from the Trade Shell.
Examples:
Scalp setup
Small risk setup
Larger target setup
Fixed tick stop and target
Fixed dollar stop and target
How to Create a Bracket Template
To create a new Bracket Template:
Click Bracket Templates at the top of the chart.
Under New Bracket, enter a template name.
Enter the Quantity.
Choose whether the bracket should be based on:
Dollars
Ticks
Enter the Stop Loss amount.
Enter the Take Profit amount.
Click Save Bracket.
Once saved, the bracket will appear in your list of available templates.
What Information Do I Need to Enter?
When creating a bracket, you will need to fill out:
Name
The name of your bracket template.
Example:
Scalp
Quantity
The number of lots/contracts for the trade.
Example:
1,2, or5
Dollars or Ticks
Choose whether your stop loss and take profit should be calculated by dollar amount or tick amount.
Stop Loss
The amount or tick distance used for the stop loss.
Take Profit
The amount or tick distance used for the take profit.
Can I Create a Bracket With Only a Stop Loss or Only a Take Profit?
Yes.
You can leave one side blank if you only want a single exit leg.
For example:
Stop Loss only
Take Profit only
If you set both a Stop Loss and Take Profit, they will be linked as a bracket/OCO-style setup.
How to Use a Saved Bracket Template
To use a bracket you already created:
Click Trade Shell at the top of the chart.
Open the Brackets tab.
Select one of your saved bracket templates.
Choose Buy or Sell.
The selected bracket setup will be used for the trade.
Where Do My Saved Brackets Appear?
Saved bracket templates appear inside the Brackets tab in the Trade Shell.
You will see the bracket name and its saved settings, such as:
Quantity
Stop Loss
Take Profit
Example:
Scalp1 lots • SL 12t • TP 12t
Can I Edit or Delete a Bracket Template?
Yes.
From the Bracket Templates window, you can manage your saved brackets.
You may see options to:
Edit an existing bracket
Delete a bracket
Create a new bracket
Important Notes
Please keep the following in mind:
Always confirm the correct account is selected before placing a trade.
Always confirm the correct symbol is selected.
Review the selected bracket before clicking Buy or Sell.
Make sure the quantity matches your intended trade size.
Stop loss and take profit values should match your risk plan.
If you use both Stop Loss and Take Profit, they are designed to work together as a bracket/OCO-style setup.
Best Practices
Before using a Bracket Template:
Create simple templates you can easily recognize.
Use clear names like
Scalp,Small Risk, orRunner.Double-check whether the bracket is set in Dollars or Ticks.
Confirm the stop loss and take profit values before trading.
Test with smaller size before using larger quantities.
Review your open orders after placing the trade.
Summary
Bracket Templates in Onyx help traders save and reuse preset trade setups.
To create one:
Click Bracket Templates
Fill out the bracket details
Click Save Bracket
To use one:
Click Trade Shell
Open Brackets
Select your saved template
Click Buy or Sell