trade one symbol by using data from a different symbol

Questions about MultiCharts and user contributed studies.
quantum777
Posts: 35
Joined: 18 Dec 2014
Has thanked: 6 times
Been thanked: 1 time

trade one symbol by using data from a different symbol

Postby quantum777 » 21 Apr 2017

can i trade symbol SPY from data of symbol e-mini s&p 500 (close to 24/7 data) without having to write script? Jeff

User avatar
Angelina MultiСharts
Posts: 260
Joined: 28 Dec 2016
Has thanked: 28 times
Been thanked: 66 times

Re: trade one symbol by using data from a different symbol

Postby Angelina MultiСharts » 21 Apr 2017

Hello guantum,

It is possible with symbol mapping functionality: https://www.multicharts.com/trading-sof ... ol_Mapping

User avatar
ABC
Posts: 626
Joined: 16 Dec 2006
Has thanked: 119 times
Been thanked: 355 times
Contact:

Re: trade one symbol by using data from a different symbol

Postby ABC » 22 Apr 2017

Hi Angelina,

based on Henry's reply here: posting.php?mode=quote&f=1&p=120907 and from past experience I was under the impression that this wouldn't work due to the instruments having different parameters.
Did this change recently?

Regards,

ABC

Angelina MultiСharts wrote:Hello guantum,

It is possible with symbol mapping functionality: https://www.multicharts.com/trading-sof ... ol_Mapping

User avatar
Kristina MultiCharts
Posts: 63
Joined: 04 Sep 2014
Has thanked: 5 times
Been thanked: 34 times

Re: trade one symbol by using data from a different symbol

Postby Kristina MultiCharts » 02 May 2017

Hello,

It's possible to send market orders from e-mini s&p 500 chart to SPY symbol if you configure symbol mapping. If you want to send price orders from auto-trading, you will need to specify the price of SPY in the signal so that the order won't be rejected because of incorrect price. For example, you will need to specify "Buy next bar at 240 limit;" when current SPY price is approximately 238.70 and the order should be accepted.


Return to “MultiCharts”