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Getting Started with AutoTrading

1,432 bytes added, 16:40, 3 February 2012
#:'''''Assign the Initial Market Position at the Broker Settings'''''
#:To learn more, see [[<span style="color: red;">'''LINK'''</span> /0295_AutoTrading/02-9503_AT_Working.html name="10"; |Synchronization of Market Position in Auto Trading Mode]].
#:* Select '''Show the Assign the Initial Market Position at the Broker''' radio button to display a dialogue dialog box to input the initial position and average entry price. This dialogue dialog box will appear when auto trading is turned on in the chart (see last step).#:* Select '''Do not show the Assign the Initial Market Position at the Broker''' radio button to set the initial position here instead of in the dialogue dialog box.<br>There are two choices:
#::* Select '''Assume the initial market position at the broker FLAT''' to set the initial position to 0.
#::* Select '''Assume the initial market position at the broker the SAME AS on the CHART''' to set the initial position to the position that's on the chart.<br>
# Click '''Settings'''.
# Input the settings for the appropriate broker/gateway.
#* '''''Broker Plug-In Settings for FXCM'''''
#** Account Settings Tab: Please get the Login, Password, and Account information from the broker. In the '''Connection''' setting, select Demo to connect to the demo account or Real to the real trading account.<br><div style="background-color: #E3FBE5;">Note: Due to FXCM's restrictions, MultiCharts will not send limit or stop orders to FXCM. All limit or stop orders will be sent as market orders.</div>
#** Symbol Dictionary Tab: If the data source is different from the execution gateway, it is possible that they do not use the same symbol for the same contract. In this situation, the chart, because it is plotted from the data source, will send an order using the data source’s symbol. The execution gateway will not understand the data source’s symbol and will reject the signal. Symbol Dictionary solves this problem by matching the symbol from the data source to the symbol from the execution gateway. The table has two columns. Input the symbol from the data source under the Chart column. Input the symbol from FXCM under the Currency Column.
#* '''''Broker Plug-In Settings for Interactive Brokers TWS'''''
#* '''''Broker Plug-In Settings for Patsystems'''''
#* '''''Broker Plug-In Settings for Rithmic 01'''''
#* '''''Broker Plug-In Settings for Rithmic Test'''''
#* '''''Broker Plug-In Settings for Trading Technologies'''''
#* '''''Broker Plug-In Settings for Zen-Fire'''''
# Turn on auto trading. There are two ways to do this.
#* Turning on auto trading on the chart
#**# Click on the switch and select '''Automate Order Execution'''.
#**# Read the disclaimer and click '''Yes'''.
#**# If '''Show the Assign the Initial Market Position at the Broker dialoguedialog''' was selected earlier, then the dialogue 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.
# Turn off auto trading. There are two ways to do this.
#* Turning off auto trading from the chart
#*# Select the [[<span style="color: red;">'''LINK'''</span> /0295_AutoTrading/02-9503_AT_Working.html name="11"; |Auto Trading Status Switch]] and deselect '''Automate Order Execution'''.
#*# If there are orders pending, a dialogue dialog box will appear to ask if pending orders should be cancelled. Select '''Cancel Orders''' or '''Do Not Cancel Orders''' to proceed.#*# If there are open positions, a dialogue 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.
#* Turning off auto trading from the main menu
#*# Select '''Format''' and deselect '''Automate Order Execution'''.
#*# If there are orders pending, a dialogue dialog box will appear to ask if pending orders should be cancelled. Select '''Cancel Orders''' or '''Do Not Cancel Orders''' to proceed.#*# If there are open positions, a dialogue 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.
[[Category:AutoTrading]]

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