Negative Oil price and Automated trading in MC

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wilkinsw
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Negative Oil price and Automated trading in MC

Postby wilkinsw » 21 Apr 2020

Hi users,

Can anyone share their experiences trading negative prices live in MC?

My understanding is that it's impossible in MC.

How are users handling the negative June WTI futures contract?


Thanks,

Will

kagein
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Re: Negative Oil price and Automated trading in MC

Postby kagein » 23 Apr 2020

Impossible in the sense that you cant send orders with negative prices?

wilkinsw
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Re: Negative Oil price and Automated trading in MC

Postby wilkinsw » 24 Apr 2020

You can send negative orders but MC charts won’t show fills that are negative, in AA mode at least.

kagein
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Re: Negative Oil price and Automated trading in MC

Postby kagein » 24 Apr 2020

My broker just banned front month trading in WTI so probably wont be able to trade negative prices anymore

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Anna MultiCharts
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Re: Negative Oil price and Automated trading in MC

Postby Anna MultiCharts » 01 May 2020

Hello wilkinsw,

The support for negative prices is something we are working on at the moment. Please follow our blog to find out about the new releases and the new features implemented in them.

Salzburg
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Re: Negative Oil price and Automated trading in MC

Postby Salzburg » 01 May 2020

Hello wilkinsw,

The support for negative prices is something we are working on at the moment. Please follow our blog to find out about the new releases and the new features implemented in them.
Well yes, BUT how is it now... does multicharts suppport negative prices as it is now? for example in crude oil future contracts for automated trading ?
Ib broker does support it together with IB Gateway, but will there be issues from multicharts side and if so what issues? this is a very imoprtant question, and it would be good to establish this before things go wrong... if now it will not work as it is now..

Regards

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Vlada MultiCharts
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Re: Negative Oil price and Automated trading in MC

Postby Vlada MultiCharts » 05 Jun 2020

Hello Salzburg,

At the moment the negative prices are not supported in MultiCharts. The orders with a price lower than 0 will not be generated.

Adding negative prices is the task we are currently working on.
Manual trading, auto trading, and DOM with negative prices are planned to be implemented in the newer releases.


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