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Rithmic Paper Trading Broker Plug-in

290 bytes added, 13:35, 2 October 2023
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If you need '''data''' from Rithmic data source, make sure you have [[Rithmic 01|'''Rithmic data feed''']] set up.
 
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.
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 ZenFire/Rithmic broker and displayed in MultiCharts.
Unrealized Profit/Loss for the account is calculated by ZenFire/Rithmic broker and displayed in MultiCharts.
ZenFire 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 the broker. Note that the second order may also be filled if price reaches its level before the cancellation is processed by the broker (see [[Trading Risks#OCO-Orders Risk|OCO-Orders Risk]]).
====Setting up ZenFire Server Sim Rithmic Paper Trading Broker ProfilePlug-in====
Zen-Fire Broker Profile is created when In MultiCharts is installedMain Menu go to Format and select Strategy Properties.Click Auto Trading tab and select Rithmic Paper Trading (see [[Auto Trading#Select Broker Plug-in|Auto trading settings]]) then click Settings tab:
In # Authorization section. <br/> Enter '''Login''' and '''Password''' <br/> SSL certificates path is set up by default.# Connectivity section. <br/> Select the required '''Gateway''' in the corresponding field. ''Do not change anything else in this section.''Properties ZenFire<br/Rithmic Server Sim> The '''Reset''' button next to ''' window (see [[Broker ProfilesAggregated Quotes''' is to restore default connection settings.#Managing Default Order Settings section. <br/> Click '''Lookup''' and wait a bit while MultiCharts receives '''Trade Route''' information from the Broker Profiles|Managing Broker Profiles]]) enter . It can be, for example, only one option - '''simulator''' Trade Route, or it will be necessary to select one of the Trade Routes from the dropdown menu, depending on the information provided by Zen-Fire/Rithmictraded instrument.
# Authority section <br/> Enter '''Login''' and '''Password''' <br/> SSL certificates path is set up by default.div style="background-color: # Connectivity section <br/E3FBE5;"> Make sure that Note: In case Trade Route search gives no results, most likely the selected deployment is '''Zen-Fire Server/Rithmic Sim''' <br/> Do not change anything else in this section. <br/> The Reset button nearby Deployment is to restore correct Login or password or other settingsare incorrect.# Reconnection Settings section <br/div> Configure timer to reconnect if connection to Zen-Fire/Rithmic is lost.# Default Order Settings section. <br> 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:''' <br> 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:''' <br>Specifying that the order must execute immediately and in its entirety, or be canceled.
* '''GTC (Good-TillTil-CanceledCancelled); or:''' <br> Order will continue to work within the system and in the marketplace until it executes or is canceled.
* '''IOC (Immediate-or-Cancel); or:''' <br> Any portion of an order that is not filled as soon as it becomes available in the market is canceled.
[[Category:Broker Plug-ins]]

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