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Understanding Automated Trade Execution

15 bytes added, 18:07, 2 February 2012
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Both, Synchronous and Asynchronous auto trading modes are deployed in MultiCharts. These two modes are profoundly different. Select the mode that better suits the strategy on the chart. Synchronous mode makes it possible to show a position on the chart that matches the actual filled position. However there is no guarantee that the order will get filled. When using the Asynchronous mode, every order generated on the chart is filled, although the actual execution time and price can be different from the time and price shown on the chart.
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=== Synchronous Mode for Auto Trading ===
# At the moment of connection loss, the broker did not send notifications about complete order filling or cancellation.
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=== Asynchronous Mode for Auto Trading ===
Enabling order conversion guarantees that an order will be filled at the broker, although the executed order price value could be different from the order price plotted on the chart.
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=== Comparison of Synchronous and Asynchronous Mode ===

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