Coinbase Broker Profile
From MultiCharts
OCO group is emulated by MultiCharts.
Emulated 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 the broker.
Note that the second order may also be filled if price reaches its level before the cancellation is processed by the broker (see OCO Orders Risk).
Setting up Coinbase Broker Profile
In the Coinbase Settings window (see Managing Broker Profiles) enter the information provided by Coinbase.
- Main tab:
- Connectivity section:
- Enter your API key and Secret key for Coinbase.
- In the Currency menu you can select the base currency.
- Default Order Settings section:
- Select Time in Force.
- Use the option Orders request waiting limits to enable automatic monitoring or requests from MultiCharts.
- Global section:
- You can set the Timing security interval to specify the time during which the request is considered to be active.
- Enable the option Use heartbeats for connection loss detection to automatically restore the connection with the Coinbase server in case of temporary connection loss.
- Use Show Error pop-up alert to receive alerts.
- Connectivity section:
- Contracts Ratio tab:
Here you can check the ratio for one contract in MultiCharts.
After the broker profile is set up, you can select it for trading, see the How to Select a Broker Account For Trading guide.