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Getting Started with AutoTrading

1,049 bytes added, 14:11, 11 October 2021
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#:'''''Assign the Initial Market Position at the Broker Settings'''''
#:To learn more, see [[Auto_Trading#Assign the Initial Market Position at the Broker Settings|Synchronization of Market Position in Auto Trading Mode]].
#:* Select '''Show the Assign the Initial Market Position at the BrokerFlat''' radio button to display a dialog box to input set the initial position and average entry price. This dialog box will appear when auto trading is turned on in the chart (see last step)to 0.#:* Select '''Do not show the Assign the Initial Market Position at the BrokerFrom Chart''' radio button to set the initial position here instead of in to the position that's on the dialog boxchart.<br>There are three choices:#::* Select '''Assume the initial market position at the broker FLATFrom Broker''' to set the initial position to 0the same as actual position at the broker.#::* Select '''Assume the initial market position at the broker the SAME AS on the CHARTAlways show dialogue window''' to set display a dialog box to input the initial position to the position that's and average entry price. This dialog box will appear when auto trading is turned on in the chart(see last step).#::* Select '''Use the actual Show dialogue window only if market position at the on chart is different from broker''' to set display a dialog box to input the initial position the same as actual postition at the only when there is a difference between chart position and brokerposition.# Choose the broker/gateway from the list box in the ''''''[[Auto Trading#Select Broker Plug-in|Broker Plug-ins]]'''''' section.
# Click '''Settings'''.
# Input the settings for the appropriate broker/gateway.
<categorytree mode=pages showcount="on" depth=2>Broker Plug-ins</categorytree>
There are two ways to turn == Turning on auto trading. Auto Trading in MultiCharts ==
#Turning on auto trading on the chart
#** SA Mode#**# Select the [[Auto_Trading#Distinguished Features of Auto Trading|Auto Trading Status Switch]] and select '''Automate Order Execution'''.#**# Make sure that the proper Broker Plug-in is selected. You can click on the name to access it's properties. If the wrong Broker Plug-in is selected, then please click '''No''', and select the correct one in Auto Trading settings.#**# Read the disclaimer and click '''Yes'''.#**# The button will turn green which means auto trading is on.#** AA Mode#**# Select the [[Auto_Trading#Distinguished Features of Auto Trading|Auto Trading Status Switch]] and select '''Automate Order Execution'''.#**# Make sure that the proper Broker Plug-in is selected. You can click on the name to access it's properties. If the wrong Broker Plug-in is selected, then please click '''No''', and select the correct one in Auto Trading settings.#**# Read the disclaimer and click '''Yes'''.#**# If '''Show the Assign the Initial Market Position at the Broker dialogue''' was selected earlier, then a dialog box will appear.<br>Enter the initial market position and average entry price. Then select '''Yes'''.#**# The button will turn green which means auto trading is on.
#Turning on auto trading from main menu
#** SA Mode#**# Select '''Format''' from the main menu.#**# Select '''Automate Order Execution'''.#**# Click on the switch and select '''Automate Order Execution'''.#**# Make sure that the proper Broker Plug-in is selected. You can click on the name to access it's properties. If the wrong Broker Plug-in is selected, then please click '''No''', and select the correct one in Auto Trading settings.#**# Read the disclaimer and click '''Yes'''.#**# The button will turn green which means auto trading is on.#** AA Mode#**# Select '''Format''' from the main menu.#**# Select '''Automate Order Execution'''.#**# Click on the switch and select '''Automate Order Execution'''.#**# Make sure that the proper Broker Plug-in is selected. You can click on the name to access it's properties. If the wrong Broker Plug-in is selected, then please click '''No''', and select the correct one in Auto Trading settings.#**# Read the disclaimer and click '''Yes'''.#**# If '''Show the Assign the Initial Market Position at the Broker dialog''' was selected earlier, then the dialog box will appear. Input the initial market position and average entry price. Then select '''Yes'''.#**# The button will turn green which means auto trading is on.
There are two ways to turn == Turning off auto trading. Auto Trading in MultiCharts ==
#Turning off auto trading from the chart
#*# Select the [[Auto_Trading#Distinguished Features of Auto Trading|Auto Trading Status Switch]] and deselect '''Automate Order Execution'''.
#*# If there are open positions, a dialog box will appear to ask if open positions should be closed. Select '''Close Positions''' or '''Do Not Close Positions''' to proceed.
#*# The Auto Trading Status Switch will turn gray which means auto trading is turned off.
 
== Enabling and Disabling Auto Trading on Multiple Charts ==
Since MultiCharts 14 it is possible to enable automated trading on all charts from all of the currently open MultiCharts desktops.<br>
To ''turn on'' auto trading on several charts:
# Select '''Format''' from the main menu.
# Click '''Enable Automated Order Execution for Multiple Charts'''.
Or
# From the '''Main''' toolbar select the '''Enable Automated Order Execution for Multiple Charts option'''.
 
In the opened up window put the checkmark next to the strategies/workspaces/desktops that you would like to enable.
The window displays the essential information about the signals applied to each chart, the selected mode of trading (SA or AA), the selected broker plugin and the [[Auto_Trading#Assign_the_Initial_Market_Position_at_the_Broker_Settings|Assign the Initial Position]] option.<br>
 
To ''turn off'' auto trading on several charts:
# Select '''Format''' from the main menu.
# Click '''Disable Automated Order Execution for Multiple Charts'''.
Or
# From the '''Main''' toolbar select the '''Disable Automated Order Execution for Multiple Charts''' option.
 
== Managing Active Orders and Open Positions ==
If you do not want to see the pending orders dialog box when disabling auto trading select '''File''' in the main menu, click '''Preferences''', select the '''Trading''' tab and check the '''Do not show cancel active orders confirmation dialog when disabling auto trading''' check box.

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