Rithmic Local Sim Broker Plug-in
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To connect Rithmic Local Sim Broker Profile it is necessary to have set up connection to Rithmic/Zen-Fire data feed in QuoteManager (see Built-in Data Sources)
Open position Profit/Loss is calculated in MultiCharts.
Unrealized Profit/Loss for the account is calculated in MultiCharts.
Note: It is not possible to connect Rithmic Local Sim Broker Profile and Zen-Fire Local Sim Broker Profile simultaneously.
Setting up Rithmic Local Sim Broker Profile
In the Manage Broker Profiles … window (see Managing Broker Profiles) click New and select Rithmic Local Sim. Rithmic Local Sim will be added to the list of Broker Profiles.
In the Simulator Options window:
- Simulation Option section.
Specify range for Communication Delay. Milliseconds are used.
Specify range for Execution Delay. Milliseconds are used.
Specify Initial Balance.
Select Execution method.
- Margin Requirements Calculation section.
Select Margin calculation method.
- Default Order Settings section.
It is obligatory to specify an account in Account field to send orders to. Click Lookup button to get list of available accounts and select one of them.
Select one of the four available Time In Force order parameters.
- DAY; or:
Order is canceled if it does not execute by the close of the trading day. Unless otherwise specified, every order is a Day order.
- FOK (Fill or Kill Orders); or:
Specifying that the order must execute immediately and in its entirety, or be canceled.
- GTC (Good-Til-Cancelled); or:
Order will continue to work within the system and in the marketplace until it executes or is canceled.
- IOC (Immediate-or-Cancel); or:
Any portion of an order that is not filled as soon as it becomes available in the market is canceled.
The Reset button becomes active only when the profile is connected. Click Reset to reset the settings to default. New settings are applied only when the profile is reconnected.