Getting Started with AutoTrading
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Implementing automated trade execution involves:
- Setting Up the Order Execution Gateway, and
- Setting Up Auto Trading in MultiCharts
Contents
Setting Up the Order Execution Gateway
Please choose the order execution gateway and follow the instructions.
Setting Up FXCM
Please refer to FXCM's documentation.
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.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.
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 edemo and the password is demouser. - 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.
Setting Up Patsystems
Please refer to Patsystems' documentation.
Setting Up Rithmic 01
Please refer to Rithmic's documentation.
Setting Up Rithmic Test
Please refer to Rithmic's documentation.
Setting Up Trading Technologies
Please refer to Trading Technologies' documentation.
Setting Up Zen-Fire
Please refer to Zen-Fire's documentation.