141
edits
Changes
Created page with "In MultiCharts it is possible to do paper trading using data feed connection only with the help of the prebuilt '''Paper Trader''' broker profile. ====Setting up Paper Trader..."
In MultiCharts it is possible to do paper trading using data feed connection only with the help of the prebuilt '''Paper Trader''' broker profile.
====Setting up Paper Trader Broker Profile====
To be able to use '''Paper Trader''' simulated broker you need to have at least one data feed configured in QuoteManager. Instructions on configuring data feeds in MultiCharts can be found [[:Category:Built-in_Data_Sources|here]].
<br>
:# To create the '''Paper Trader''' broker profile, in the '''Main''' menu select '''File''', then select '''Broker Profiles''' and then click '''Manage Broker Profiles'''.
:# To create a new broker profile click '''New''', then select '''Paper Trader'''.
:# Select necessary data source from the list.
:# Select the '''Execution Settings''' tab -> set '''Communication Delay''' -> click '''OK'''. This setting emulates delay of order execution on the exchange.
:# Select the '''Paper Trader''' broker profile -> click '''Connect''' -> then click '''Close'''.
<br><div style="background-color: #E3FBE5;">'''Note''':If the selected data feed doesn’t provide ask and bid data, chart trading panel will not display ask and bid data and you won’t be able to trade using the '''Paper Trader''' broker profile.
[[Category:Trading]]
====Setting up Paper Trader Broker Profile====
To be able to use '''Paper Trader''' simulated broker you need to have at least one data feed configured in QuoteManager. Instructions on configuring data feeds in MultiCharts can be found [[:Category:Built-in_Data_Sources|here]].
<br>
:# To create the '''Paper Trader''' broker profile, in the '''Main''' menu select '''File''', then select '''Broker Profiles''' and then click '''Manage Broker Profiles'''.
:# To create a new broker profile click '''New''', then select '''Paper Trader'''.
:# Select necessary data source from the list.
:# Select the '''Execution Settings''' tab -> set '''Communication Delay''' -> click '''OK'''. This setting emulates delay of order execution on the exchange.
:# Select the '''Paper Trader''' broker profile -> click '''Connect''' -> then click '''Close'''.
<br><div style="background-color: #E3FBE5;">'''Note''':If the selected data feed doesn’t provide ask and bid data, chart trading panel will not display ask and bid data and you won’t be able to trade using the '''Paper Trader''' broker profile.
[[Category:Trading]]