Changes

Jump to navigation Jump to search

Getting Started with AutoTrading

85 bytes removed, 16:44, 23 February 2012
no edit summary
== Setting Up AutoTrading in MultiCharts ==
# Determine the symbol to plot on a chart. In QuoteManager, verify that that the '''Price Scale''', '''Min Movement''', and '''Big Point Value''' settings for the symbol are correct. MultiCharts will have the correct settings for most of the symbols, but it is not possible to cover every symbol. If these settings are not correct, then the chart will not plot properly and orders may be rejected by the execution gateway. To learn more, see [[<span style="color: red;">'''LINK'''</span> /101-01_SettingIndProp.html name=""; |Setting Properties]].
# Create a chart of the necessary symbol. To learn more, see [[Creating Charts]].
# Add the necessary signals to the chart. To learn more, see [[Using Studies]].
#:* Select '''Convert unexecuted limit or stop exit orders to market orders''' check box to convert unexecuted limit or stop exit orders to market after a specified number of seconds. Enter the number of seconds in the list box.<br><div style="background-color: #E3FBE5;">Note: The waiting period for converting unfilled limit or stop orders to market orders must be less than the duration of a single bar. </div><br><div style="background-color: #E3FBE5;">Note: As long as the order is completely unfilled, MultiCharts will always convert the order as described in this step regardless of any settings under '''Replace to Market Partially Filled Orders'''. If there is a partially filled order and '''Replace to Market Partially Filled Orders''' was turned on, then MultiCharts will convert the order according to the settings in '''Replace to Market Partially Filled Orders'''.</div><br><br>
#:'''''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"; Working with AutoTrading#Synchronization of the Market Position in the Auto trading Mode|Synchronization of Market Position in Auto Trading Mode]].
#:* Select '''Show the Assign the Initial Market Position at the Broker''' radio button to display a dialog box to input the initial position and average entry price. This 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 dialog box.<br>There are two choices:
# Input the settings for the appropriate broker/gateway.
<categorytree mode=pages showcount="on" depth=2>Broker Plug-ins</categorytree>
# 15. Turn on auto trading. There are two ways to do this.
#* Turning on auto trading on the chart
#** SA Mode
#**# 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.
# 16. 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'''.

Navigation menu