Difference between revisions of "Rithmic 01 Broker Profile"
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====Setting up Rithmic 01 Broker Profile==== | ====Setting up Rithmic 01 Broker Profile==== | ||
| − | + | In the '''Properties Rithmic 01''' window (see [[Broker Profiles Overview#Managing Broker Profiles|Managing Broker Profiles]]) enter the information provided by the broker to connect to Rithmic: | |
| − | |||
| − | In the '''Properties Rithmic 01''' window (see [[Broker Profiles Overview#Managing Broker Profiles|Managing Broker Profiles]]) enter the information provided by Rithmic: | ||
# Authority section. <br/> Enter '''Login''' and '''Password'''. <br/> SSL certificates path is set up by default. | # Authority section. <br/> Enter '''Login''' and '''Password'''. <br/> SSL certificates path is set up by default. | ||
| − | # Connectivity section. <br/> | + | # Connectivity section. <br/> Select the deployment to use one of the pre-built Rithmic connection systems. By default it is set to '''Rithmic 01'''. <br/> Don’t adjust anything else in this section. <br/> The '''Reset''' button nearby Deployment is to restore correct settings. |
| − | + | # Default Order Settings section. <br/> Click Lookup and wait a bit while MultiCharts receives Trade Route information from the Broker. It will be necessary to select one of the Trade Routes from the dropdown menu, depending on the traded instrument. | |
| − | # Default Order Settings section. <br/> Click Lookup and wait a bit while MultiCharts receives | ||
| − | <div style="background-color: #E3FBE5;">Note: | + | <div style="background-color: #E3FBE5;">Note: In case Trade Route search gives no results, most likely the Login or password or other settings are incorrect. </div> |
Revision as of 11:15, 30 June 2014
If MultiCharts sends a stop order with the price equal to current market price or better (guaranteed to be executed) it will be rejected by the broker. Therefore, MultiCharts converts such stop orders into market orders.
Stop-Limit orders: if at the moment an order is sent its stop level or both stop and limit levels are met, then it will be converted to limit order.
Buy Stop-Limit orders with Stop level higher than Limit level and Sell Stop-Limit orders with Stop level lower than Limit level are rejected by the broker.
Open position Profit/Loss is calculated by Rithmic broker and displayed in MultiCharts.
Unrealized Profit/Loss for the account is calculated by Rithmic broker and displayed in MultiCharts.
Rithmic does not support Native One-Cancels-Others group. In this case MultiCharts emulates OCO group on its end. Simulated OCO-group means that all OCO orders are sent to the broker, price is monitored by MultiCharts and once one of the orders is filled, other orders from this OCO group are cancelled by MultiCharts. When one of the OCO orders is filled, MultiCharts sends a command to cancel the second OCO order to broker. Note that the second order may also be filled if price reaches its level before the cancellation is processed by the broker (see OCO-Orders Risk).
Setting up Rithmic 01 Broker Profile
In the Properties Rithmic 01 window (see Managing Broker Profiles) enter the information provided by the broker to connect to Rithmic:
- Authority section.
Enter Login and Password.
SSL certificates path is set up by default. - Connectivity section.
Select the deployment to use one of the pre-built Rithmic connection systems. By default it is set to Rithmic 01.
Don’t adjust anything else in this section.
The Reset button nearby Deployment is to restore correct settings. - Default Order Settings section.
Click Lookup and wait a bit while MultiCharts receives Trade Route information from the Broker. It will be necessary to select one of the Trade Routes from the dropdown menu, depending on the traded instrument.
