Add trade is used to add a trade to your dashboard. You can add new, open and closed trades.
The function “add new trade” is for unfilled limit orders. When you have placed a limit order that is not filled yet, you can add it into the system. This is important to track your hit-rate. When the trade is filled, you can move the trade to the open trades list.
The function “add open trade” is for filled orders. When your order is filled but did not hit its final target or stoploss, you can use add open trade. When the trade does hit its final target or stoploss, you can move the trade to the closed trades list.
The function “add closed trade” is for orders that were filled and already hit its final target or stoploss. After submitting a closed trade, you can always edit or remove it in the trades tab.