How to trigger trades on multiple instruments from one signal

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shimreaper
Posts: 2
Joined: 01 Feb 2023

How to trigger trades on multiple instruments from one signal

Postby shimreaper » 01 Feb 2023

Hi,
I was wondering if it is possible to do the following scenario in portfolio trader and how I would go about doing so:
1) Buy Signal is generated for instrument X
2) Signal for instrument X triggers a buy/sell trade on instruments Y

So in essence I want parameters used on Signal for instrument X to open positions on different/multiple other instruments.
I am not looking for the Signal (and its parameters) on instrument X to apply to the other instruments, rather just trigger an identical buy/sell order.

Thanks

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Vlada MultiCharts
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Re: How to trigger trades on multiple instruments from one signal

Postby Vlada MultiCharts » 03 Feb 2023

Hello shimreaper,

In Portfolio Trader, you can use several data series. Please use instrument Y as Data 1 and instrument X as Data 2. Apply a signal which uses Data 2 and generates orders. The orders will be sent for the instrument Y (Data 1).

shimreaper
Posts: 2
Joined: 01 Feb 2023

Re: How to trigger trades on multiple instruments from one signal

Postby shimreaper » 28 Feb 2023

Hello shimreaper,

In Portfolio Trader, you can use several data series. Please use instrument Y as Data 1 and instrument X as Data 2. Apply a signal which uses Data 2 and generates orders. The orders will be sent for the instrument Y (Data 1).
I am however still at a loss what signal / how to generate a signal from Data 2 so that it trades on Data 1.

Could you elaborate more or give me some pointers? Appreciate it.

Thank you


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