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Rithmic 01 Broker Plug-in should be selected and set '''only''' if you have '''Rithmic Live account'''. In case you have Rithmic Paper Trading account, it is necessary to set up '''[[Rithmic 01 Broker Plug-in|Rithmic 01 Broker Plug-in]]'''. | |||
If MultiCharts sends a stop order with the price equal to current market price or better (guaranteed to be executed) it will be rejected by the broker. Therefore, MultiCharts converts such stop orders into market orders. | If MultiCharts sends a stop order with the price equal to current market price or better (guaranteed to be executed) it will be rejected by the broker. Therefore, MultiCharts converts such stop orders into market orders. | ||
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Rithmic does not support Native One-Cancels-Others group. In this case MultiCharts emulates OCO group on its end. Simulated OCO-group means that all OCO orders are sent to the broker, price is monitored by MultiCharts and once one of the orders is filled, other orders from this OCO group are cancelled by MultiCharts. When one of the OCO orders is filled, MultiCharts sends a command to cancel the second OCO order to broker. Note that the second order may also be filled if price reaches its level before the cancellation is processed by the broker (see [[Trading Risks#OCO-Orders Risk|OCO-Orders Risk]]). | Rithmic does not support Native One-Cancels-Others group. In this case MultiCharts emulates OCO group on its end. Simulated OCO-group means that all OCO orders are sent to the broker, price is monitored by MultiCharts and once one of the orders is filled, other orders from this OCO group are cancelled by MultiCharts. When one of the OCO orders is filled, MultiCharts sends a command to cancel the second OCO order to broker. Note that the second order may also be filled if price reaches its level before the cancellation is processed by the broker (see [[Trading Risks#OCO-Orders Risk|OCO-Orders Risk]]). | ||
====Setting up Rithmic 01 Broker | ====Setting up Rithmic 01 Broker Plug-in==== | ||
Rithmic Broker | In MultiCharts Main Menu go to Format and select Strategy Properties. Click Auto Trading tab and select Rithmic 01 (see '''[[Auto Trading#Select Broker Plug-in|Auto trading settings]]''') then click Settings tab: | ||
# Authority section. <br/> Enter '''Login''' and '''Password'''. <br/> SSL certificates path is set up by default. | |||
# Connectivity section. <br/> Select the deployment to use one of the pre-built Rithmic connection systems. By default it is set to '''Rithmic 01'''. <br/> Don’t adjust anything else in this section. <br/> The '''Reset''' button nearby Deployment is to restore correct settings. | |||
# Default Order Settings section. <br/> It is obligatory to specify an account in Account field to send orders to. Click Lookup button to get list of available accounts and select one of them. Also, you need wait a bit while MultiCharts receives Trade Route information from the Broker. It will be necessary to select one of the Trade Routes from the dropdown menu, depending on the traded instrument. | |||
<div style="background-color: #E3FBE5;">Note: In case Trade Route search gives no results, most likely the Login or password or other settings are incorrect. </div> | |||
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Select one of the four available Time In Force order parameters. | Select one of the four available Time In Force order parameters. |