MC for Interactive Brokers (fully automated trading of portfolio)?
I would like to fully autotrade a portfolio of 130 seasonal stocks using custom c++ algo's and purchased indicators.
Has anyone had experience positive or negative using MC?
Please help me. Quantum777
MC for Interactive Brokers (automated trading of portfolio)?
-
- Posts: 38
- Joined: 18 Dec 2014
- Has thanked: 6 times
- Been thanked: 1 time
- fbertram
- Posts: 166
- Joined: 16 Oct 2014
- Location: Seattle, USA
- Has thanked: 36 times
- Been thanked: 76 times
- Contact:
Re: MC for Interactive Brokers (automated trading of portfol
Hi Quantum,
I am actually using MultiCharts's Portfolio Trader for an algorithm that trades 5-10 stocks out of a pool of about 180 stocks. I find the Portfolio Trader extremely well done, supporting everything that's required to develop, backtest, analyze and automate such a trading scheme. Regarding documentation, MultiCharts is a bit lean. I can deal with that when using PowerLanguage, but I found the .Net APIs messy and co fusing. Integration of C++ code might not be fun, as PowerLanguage is not object-oriented. There is an interface to call DLLs, but you would need to work with mangled names and such... unless your C++ code ultimately has a standard-C interface. Interactive Brokers seems to work... but I am personally still working out some kinks.
Only other tool I can compare to is NT7. While I have been able to implement the same algorithm with it, it was very cludgey. Analysis on a portfolio level was not easily possible and would have required the development of additional tools. Programming in .Net was a breeze, thanks to good documentation and very clean APIs. Responses in the forum were less helpful than MultiCharts. Often, references to NT8 where made, which keeps getting pushed out.
Not sure this answers your questions.
Cheers, Felix
I am actually using MultiCharts's Portfolio Trader for an algorithm that trades 5-10 stocks out of a pool of about 180 stocks. I find the Portfolio Trader extremely well done, supporting everything that's required to develop, backtest, analyze and automate such a trading scheme. Regarding documentation, MultiCharts is a bit lean. I can deal with that when using PowerLanguage, but I found the .Net APIs messy and co fusing. Integration of C++ code might not be fun, as PowerLanguage is not object-oriented. There is an interface to call DLLs, but you would need to work with mangled names and such... unless your C++ code ultimately has a standard-C interface. Interactive Brokers seems to work... but I am personally still working out some kinks.
Only other tool I can compare to is NT7. While I have been able to implement the same algorithm with it, it was very cludgey. Analysis on a portfolio level was not easily possible and would have required the development of additional tools. Programming in .Net was a breeze, thanks to good documentation and very clean APIs. Responses in the forum were less helpful than MultiCharts. Often, references to NT8 where made, which keeps getting pushed out.
Not sure this answers your questions.
Cheers, Felix
- Henry MultiСharts
- Posts: 9165
- Joined: 25 Aug 2011
- Has thanked: 1264 times
- Been thanked: 2957 times
Re: MC for Interactive Brokers (automated trading of portfol
Hello Quantum777,
MultiCharts for TWS does not have Portfolio Trader. In order to use Portfolio Trader - you need to be running the full version of MultiCharts.
MultiCharts for TWS does not have Portfolio Trader. In order to use Portfolio Trader - you need to be running the full version of MultiCharts.
-
- Posts: 38
- Joined: 18 Dec 2014
- Has thanked: 6 times
- Been thanked: 1 time
Re: MC for Interactive Brokers (automated trading of portfol
I should have put in my comments that I would be only investing on End of Day Data and not intra-day trading for 130 seasonal stocks. Does this change your kind answer to my post? Quantum777
- fbertram
- Posts: 166
- Joined: 16 Oct 2014
- Location: Seattle, USA
- Has thanked: 36 times
- Been thanked: 76 times
- Contact:
Re: MC for Interactive Brokers (automated trading of portfol
Hi Quantum,
no, it doesn't. That's exactly what I am doing with end-of-day data coming from MB Trading. In case your data come from a different source than your broker itself (like they do for me), you would need to set up symbol mapping - which is easily done.
Regarding Henry's comment: Please notice that I am running a full version of MultiCharts, not MultiCharts for TWS.
Cheers, Felix
no, it doesn't. That's exactly what I am doing with end-of-day data coming from MB Trading. In case your data come from a different source than your broker itself (like they do for me), you would need to set up symbol mapping - which is easily done.
Regarding Henry's comment: Please notice that I am running a full version of MultiCharts, not MultiCharts for TWS.
Cheers, Felix
-
- Posts: 38
- Joined: 18 Dec 2014
- Has thanked: 6 times
- Been thanked: 1 time
Re: MC for Interactive Brokers (automated trading of portfol
fbertram:
How many end of day data stocks can you run in the MC full version of the portfolio manager
How many end of day data stocks can you run in the MC full version of the portfolio manager
- fbertram
- Posts: 166
- Joined: 16 Oct 2014
- Location: Seattle, USA
- Has thanked: 36 times
- Been thanked: 76 times
- Contact:
Re: MC for Interactive Brokers (automated trading of portfol
I don't know. I assume that memory is the main limitation. I am running a little over 180 stocks and see absolutely no issues with that.
Cheers, Felix
Cheers, Felix