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Guide to the UTEX Nova Terminal

In this guide you'll learn how to install UTEX Nova, customize the terminal, place and manage orders, and use hotkeys.

Written by Sergei (CPO at UTEX.io)

What is UTEX Nova

UTEX Nova is a desktop trading terminal for Windows and macOS, built for active traders. Nova supports:

  • Multiple windows and tabs

  • Multi-monitor layouts.

  • Workspace restore on restart.

  • Up to 6 charts in a single window.

  • Hotkeys for instant order entry and execution.

How to install UTEX Nova

Windows

Download the installer: UTEX Nova for Windows

  1. Run the file and follow the on-screen instructions.

  2. Open Nova from your desktop or the Start menu.

MacOS

Download the build for your Mac:

Macs with M1, M2, M3, M4 chips and newer

Macs with Intel processors

Open the file you downloaded and drag UTEX Nova into your Applications folder.

How UTEX Nova works

You can have as many windows open in Nova as you want. To open a new window, press Ctrl + N (⌘ + N on macOS) and choose a section:

  • Exchange

  • Portfolio

  • History

  • Reports

This comes in handy when you trade on several monitors. For example, you can place:

  1. The chart and order form for your main instrument on the first monitor.

  2. The order book and positions — on the second.

💡 The layout is saved automatically. The next time you launch Nova, it will put all your windows back where they were.

Charts

The exchange window can show several charts at once. Choose the layout in the terminal menu:

  • 1 chart

  • 2 vertical charts

  • 2 horizontal charts

  • 4 charts

  • 6 charts

Trading

How to find an instrument

Nova has over 10,000 instruments — US stocks and ETFs, commodities and macro assets, as well as cryptocurrencies. There are three ways to find an instrument:

Via search

Press Ctrl + F (⌘ + F) to bring up the search bar or start typing a ticker or company name. Pick one from the results and it opens in the current tab.

In Favorites

Favorites is your working list of instruments. Open it with Ctrl + Shift + F (⌘ + Shift + F). The list syncs with your account, so it's the same in Nova, the browser, and the mobile app.

With favorites, you can:

  • Organize stocks into groups — for example, by strategy, sector, or watch priority.

  • Reorder tickers and entire groups by dragging them.

  • Turn on auto-sorting — by price or by price change.

To add an instrument to favorites, find it in search and tap the star.

💡 You can easily move a watchlist over from another terminal. Copy the list of tickers, each on a new line, and paste it straight into favorites. Nova will parse the list and add the tickers you don't have yet.

In “Top”

Press Ctrl + Alt + F (⌘ + Alt + F) to open ready-made lists the UTEX team puts together and keeps updated: top stocks by volume, themed stock collections, «Radchenko Top», «Starter stocks», and more.

How to work with orders

UTEX Nova supports three order types.

  1. Market. Fills immediately at the best available price.

  2. Limit. Fills at the price you set or better. A buy order is placed below the quote, a sell order — above.

  3. Stop. Triggers when a trade prints at the stop price or worse. A buy order is placed above the quote, a sell order — below.

💡 How long an order stays active depends on the market. On Crypto and Goods+, orders stay active until they fill or until you cancel them. On the stock market, orders are day orders — Nova cancels them automatically 5 minutes before the close. After that comes the after-market session, 1 hour and 5 minutes long, where you can only place limit orders to close positions.

How to place an order on the chart

To place an order on the chart, click a price level. Nova picks the order type for you, based on where that level sits relative to the market:

Level position

Buy

Sell

Below the current price

Limit

Stop

Above the current price

Stop

Limit

To place an order:

  1. Press Ctrl + F (⌘ + F) and enter the ticker — the instrument search will open.

  2. Hover over the price level you want on the chart. A + button will appear.

  3. Click + and choose Buy or Sell. The price goes straight into the order form.

  4. Set the volume and send the order.

  5. Your order shows up on the chart as a horizontal line with a label, the price, and how much volume is left.

How to place an order through the form

The order form is where you'll place most of your orders. It has three tabs, one per order type.

Form fields:

  • Order type — Mark price, Limit, or Stop.

  • Price — for a limit order.

  • Stop price — for a stop order.

  • Volume — manually or with the slider.

  • Total Buy Max and Total Sell Max — the maximum volume available, factoring in leverage.

  • Price step — the minimum price increment for this instrument.

If your order price is far off the market price, Nova asks you to confirm. You can change this with the Ask me to double confirm my orders when the price is not optimal option.

How to place an order from the order book

The order book opens in the Order Book & Trades tab. On the left is the queue of buy orders, on the right — sell orders, with the real-time trade feed next to them.

Click any level in the order book and its price goes into the order form as a limit order. Then just pick the side, set the volume, and send it.

If the spread gets unusually wide, Nova shows a warning in the middle of the order book — a sign that a market order could fill much worse than you expect.

Where to view orders and positions

Your active orders live in the bottom panel of the terminal, across three tabs:

  • Positions — open positions, average price, volume, and profit. The Show closed toggle adds the ones closed during the day.

  • Open Orders — all active orders.

  • Closed — filled, canceled, and rejected orders.

How to cancel an order

  • On the chart — click the cross on the order line and confirm the cancellation.

  • In the table — the Open Orders tab, the Cancel button in the order's row.

How to close a position

Below the order form there's a quick-close block. It shows how big your position is right now and a button to close it.

Press and hold the button until the countdown finishes. Nova closes the whole position with a market order.

💡 The long press protects you from an accidental click. If you release the button early, nothing happens.

You can also close a position from the chart: click the position line and confirm the close.

Hotkeys

Nova has hotkeys for quick actions. Here are all the shortcuts and how to set them up.

Window managment

Action

Windows

macOS

Open new window

Ctrl + N

⌘ + N

Close current window

Alt + F4

⌘ + Shift + W

Quit UTEX

Ctrl + Q

⌘ + Q

Tabs

Action

Windows

macOS

Open new tab

Ctrl + T

⌘ + T

Close current tab

Ctrl + W

⌘ + W

Refresh tab

Ctrl + R

⌘ + R

Current tab menu

Ctrl + L

⌘ + L

Go to tab 1–9

Ctrl + 1…9

⌘ + 1…9

Next tab

Ctrl + Tab

Ctrl + Tab

Previous tab

Ctrl + Shift + Tab

Ctrl + Shift + Tab

Navigation

Action

Windows

macOS

Back

Alt + ←

⌘ + ←

Forward

Alt + →

⌘ + →

Instrument selection

Action

Windows

macOS

Ticker search

Ctrl + F

⌘ + F

Open favorites

Ctrl + Shift + F

⌘ + Shift + F

Open top tickers

Ctrl + Alt + F

⌘ + Alt + F

Orders

You can set the order hotkeys in the terminal menu •••Hotkey settings. Six actions are available:

Buy limit at

Limit buy order

Sell limit at

Limit sell order

Buy stop at

Stop buy order

Sell stop at

Stop sell order

Buy market at

Market buy order

Sell market at

Market sell order

To set a hotkey:

  1. Open the terminal menu → ToolsHotkey settings and create a new shortcut.

  2. Choose an action from the table above.

  3. Set the volume. Leave the field empty if you want to enter the volume manually each time.

  4. Choose the price the order is based on: Best bid, Best ask, or Mark price.

  5. Set the price offset as a percentage. Nova adds it to the price you picked, or subtracts it, and uses the result in the order.

  6. Choose the submission mode — with confirmation or without confirmation.

  7. Click the Press a key… field and press the shortcut you want.

  8. Save.

💡 The shortcut must include a modifier — Ctrl, Shift, Alt, or ⌘. Without a modifier, only the F1–F12 keys work. If the shortcut is already taken by a terminal action, Nova will warn you.

Layout examples

For scalping

Key

Action

Price

Offset

Volume

Submission

F1

Buy limit at

Best bid

0%

100

without confirmation

F2

Sell limit at

Best ask

0%

100

without confirmation

F3

Buy limit at

Best bid

−0.05%

100

without confirmation

F4

Sell limit at

Best ask

+0.05%

100

without confirmation

F9

Buy market at

100

With confirmation

F10

Sell market at

100

With confirmation

For swing trading

Key

Action

Price

Offset

Volume

Submission

Shift + F1

Buy limit at

Best bid

−0.5%

50

With confirmation

Shift + F2

Sell limit at

Best ask

+0.5%

50

With confirmation

Shift + F3

Buy stop at

Mark price

+0.3%

50

With confirmation

Shift + F4

Sell stop at

Mark price

−0.3%

50

With confirmation

Still have questions?

Message support right from the terminal or at help@utex.io — the UTEX support team will help you out. You can follow Nova updates in the UTEX Telegram channel.

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