Hi,
I'm new to MC.net and my goal is to migrate some of my own developed indicators from a discontinued platform to MC.net. Learning C# as fast as I can.
couple questions I would really appreciate to get some help on:
I have an IB account linked to MC
I day trade weekly SPY options, and my strategy is based on an indicator that runs on the underlying.
When it triggers a buy or sell signal I trade ATM or 1 strike OTM options front-end expiration.
so you probably see where I'm going with this; from what I've seen from the code in the existing strategies, it autotrades the ticker of the chart the strategy is loaded on.
If I have a SPY chart (or any other ticker, for that matter) with a strategy, how can I have it trade an option ticker?
should I start a second chart and load the option, and can you create a strategy that links somehow to the chart of the underlying symbol? or can I load option ticker symbols somehow in the strategy that runs on the underlying symbol? and then when it triggers a buy signal, load the option ticker and trade that, instead of the underlying symbol?
any directions, hints, examples?
Thanks,
P.
autotrade options based on strategy on the underlying
Re: autotrade options based on strategy on the underlying
or for example I find that my indicators work better on a ETF, but like to trade the 3xETF. so for example if my indicator triggers a trade entry for SPY, I'd like to trade the SPXS or SPXL.
so the same question would apply. How do you place an order on a different ticker than the strategy is running on?
so the same question would apply. How do you place an order on a different ticker than the strategy is running on?
Re: autotrade options based on strategy on the underlying
Hi pthegr8
I don't know about options but you can trade an instrument using strategies that run on another instrument in a single chart by loading the reference instrument as BarsOfData(2)
viewtopic.php?t=45848
I don't know about options but you can trade an instrument using strategies that run on another instrument in a single chart by loading the reference instrument as BarsOfData(2)
viewtopic.php?t=45848
- Vlada MultiCharts
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Re: autotrade options based on strategy on the underlying
rc76,
MultiCharts was not specifically designed for options trading.
MultiCharts treats options instruments as regular instruments and they should be added one by one.
MultiCharts was not specifically designed for options trading.
MultiCharts treats options instruments as regular instruments and they should be added one by one.