665
edits
Changes
Jump to navigation
Jump to search
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]]).
Zen-Fire Broker Profile is created when MultiCharts is installed. In the '''Properties ZenFire/Rithmic Server SimPaper Trading Broker Profile''' window (see [[Broker Profiles Overview#Managing Broker Profiles|Managing Broker Profiles]]) enter the information provided by Zen-Fire/your broker to connect to Rithmic.
no edit summary
'''<div style="background-color: #E3FBE5;">Click [http://www.multicharts.com/downloads/tutorials/zenfire_rithmic_server_sim.mp4 here] to see the video tutorial on how to connect ZenFire/Rithmic Server Sim Paper Trading Broker Profile.</div>'''
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.
====Setting up ZenFire Server Sim Rithmic Paper Trading Broker Profile====
# Authority section <br/> Enter '''Login''' and '''Password''' <br/> SSL certificates path is set up by default.
# Connectivity section <br/> Make sure that 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 settings.# Connection Settings section <br/> Configure timer to reconnect if connection to Zen-Fire/Rithmic is lost.# Default Order Settings section. <br/> Click Lookup and wait a bit while MultiCharts receives the iformation Trade Route information from the Broker to specify the . It can be, for example, only one option - '''simulator''' Trade Route. After , or it you will be able necessary to select one of the following Trade Routes: electronicfrom the dropdown menu, eurex, globex, ice. In most cases '''electronic''' will be selected by default. Please '''do not change depending on the default setting''', if you are not sure that there should be specified something particulartraded instrument.
<div style="background-color: #E3FBE5;">Note: in In case Trade Route search gives no results, please close Zen Fire Properties dialog window, then re-open it and type '''electronic''' most likely the Login or another route, in case you need to specify eurex, globex password or iceother settings are incorrect. </div>
[[Category:Broker Profiles]]
