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Understanding Automated Trade Execution

3 bytes removed, 14:42, 4 November 2014
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In addition to the obvious advantages of convenience, automated trading makes possible the execution of high-frequency trading strategies such as arbitrage, where the acceptable response time for placing orders is too quick for manual order entries.
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, not every order generated on the chart is filled, although and the actual execution time and price can be different from the time and price shown on the chart.
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