Getting Started with AutoTrading: Difference between revisions
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= Setting Up Auto Trading in MultiCharts = | == Setting Up Auto Trading 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 [[Setting Properties]]. | # 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 [[Setting Properties]]. | ||
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#:'''''Assign the Initial Market Position at the Broker Settings''''' | #:'''''Assign the Initial Market Position at the Broker Settings''''' | ||
#:To learn more, see [[Auto_Trading#Assign the Initial Market Position at the Broker Settings|Synchronization of Market Position in Auto Trading Mode]]. | #:To learn more, see [[Auto_Trading#Assign the Initial Market Position at the Broker Settings|Synchronization of Market Position in Auto Trading Mode]]. | ||
#:* Select ''' | #:* Select '''Flat''' to set the initial position to 0. | ||
#:* Select ''' | #:* Select '''From Chart''' to set the initial position to the position that's on the chart. | ||
# | #:* Select '''From Broker''' to set the initial position the same as actual position at the broker. | ||
# | #:* Select '''Always show dialogue window''' 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 '''Show dialogue window only if market position on chart is different from broker''' to display a dialog box to input the initial position only when there is a difference between chart position and broker position. | ||
# Choose the broker/gateway from the list box in the ''''''[[Auto Trading#Select Broker Plug-in|Broker Plug-ins]]'''''' section. | # Choose the broker/gateway from the list box in the ''''''[[Auto Trading#Select Broker Plug-in|Broker Plug-ins]]'''''' section. | ||
# Click '''Settings'''. | # Click '''Settings'''. | ||
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<categorytree mode=pages showcount="on" depth=2>Broker Plug-ins</categorytree> | <categorytree mode=pages showcount="on" depth=2>Broker Plug-ins</categorytree> | ||
== Turning on Auto Trading in MultiCharts == | |||
#Turning on auto trading on the chart | #Turning on auto trading on the chart | ||
#* SA Mode | #* SA Mode | ||
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== Turning off Auto Trading in MultiCharts == | |||
#Turning off auto trading from the chart | #Turning off auto trading from the chart | ||
#*# Select the [[Auto_Trading#Distinguished Features of Auto Trading|Auto Trading Status Switch]] and deselect '''Automate Order Execution'''. | #*# Select the [[Auto_Trading#Distinguished Features of Auto Trading|Auto Trading Status Switch]] and deselect '''Automate Order Execution'''. | ||
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#*# The Auto Trading Status Switch will turn gray which means auto trading is turned off. | #*# The Auto Trading Status Switch will turn gray which means auto trading is turned off. | ||
=== Managing Active Orders and Open Positions | == Enabling and Disabling Auto Trading on Multiple Charts == | ||
Since MultiCharts 14 it is possible to enable automated trading on all charts from all of the currently open MultiCharts desktops.<br> | |||
To ''turn on'' auto trading on several charts: | |||
# Select '''Format''' from the main menu. | |||
# Click '''Enable Automated Order Execution for Multiple Charts'''. | |||
Or | |||
# From the '''Main''' toolbar select the '''Enable Automated Order Execution for Multiple Charts option'''. | |||
In the opened up window put the checkmark next to the strategies/workspaces/desktops that you would like to enable. | |||
The window displays the essential information about the signals applied to each chart, the selected mode of trading (SA or AA), the selected broker plugin and the [[Auto_Trading#Assign_the_Initial_Market_Position_at_the_Broker_Settings|Assign the Initial Position]] option.<br> | |||
To ''turn off'' auto trading on several charts: | |||
# Select '''Format''' from the main menu. | |||
# Click '''Disable Automated Order Execution for Multiple Charts'''. | |||
Or | |||
# From the '''Main''' toolbar select the '''Disable Automated Order Execution for Multiple Charts''' option. | |||
== Managing Active Orders and Open Positions == | |||
If you do not want to see the pending orders dialog box when disabling auto trading select '''File''' in the main menu, click '''Preferences''', select the '''Trading''' tab and check the '''Do not show cancel active orders confirmation dialog when disabling auto trading''' check box. | If you do not want to see the pending orders dialog box when disabling auto trading select '''File''' in the main menu, click '''Preferences''', select the '''Trading''' tab and check the '''Do not show cancel active orders confirmation dialog when disabling auto trading''' check box. |