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Getting Started with AutoTrading

2,110 bytes added, 18:36, 2 February 2012
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Implementing automated trade execution involves:
 
# Setting Up the Order Execution Gateway, and
# Setting Up Auto Trading in MultiCharts
 
<br>
== Setting Up the Order Execution Gateway ==
 
Please choose the order execution gateway and follow the instructions.
 
<br>
=== Setting Up FXCM ===
 
Please refer to FXCM's documentation.
 
<br>
=== Setting Up Interactive Brokers TWS ===
 
# Install a standalone version of Trader Workstation according to the instructions provided by Interactive Brokers.
# Start Trader Workstation and log in using a user name and password provided by Interactive Brokers.<br><div style="background-color: #F8F6CD;">Important: It is strongly recommended that automated order execution process is initially extensively tested using a '''Simulated Account'''. Testing strategies and automated order execution using a real account can result in a substantial financial loss! All Interactive Brokers clients with a real trading account also receive a simulated trading account that provides real-time data and enables traders to and test the functions and features of the Trader Workstation platform.</div><br>In addition, Interactive Brokers provides a '''Demo Account''' that is accessible by people who aren't clients. A demo account supports only some of the symbols, has limited historical data, and provides delayed quotes. The user name is '''<i>edemo'''</i> and the password is '''<i>demouser'''</i>.<div>
# In Trader Workstation, click the '''Configure''' icon on the toolbar, or click '''Configure''' in the main menu.
# Click '''API''' and then select the '''Enable ActiveX and Socket Clients''' check box.
 
<br>
=== Setting Up Patsystems ===
 
Please refer to Patsystems' documentation.
 
<br>
=== Setting Up Rithmic 01 ===
 
Please refer to Rithmic's documentation.
 
<br>
=== Setting Up Rithmic Test ===
 
Please refer to Rithmic's documentation.
 
<br>
=== Setting Up Trading Technologies ===
 
Please refer to Trading Technologies' documentation.
 
<br>
=== Setting Up Zen-Fire ===
 
Please refer to Zen-Fire's documentation.
 
<br>
== Setting Up Auto Trading in MultiCharts ==
 
[[Category:AutoTrading]]

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