Getting Started with AutoTrading: Difference between revisions
From MultiCharts
Dave Masalov (talk | contribs) No edit summary |
|||
| Line 26: | Line 26: | ||
#:* Select '''Convert unexecuted limit or stop exit orders to market orders''' check box to convert unexecuted limit or stop exit orders to market after a specified number of seconds. Enter the number of seconds in the list box.<br><div style="background-color: #E3FBE5;">Note: The waiting period for converting unfilled limit or stop orders to market orders must be less than the duration of a single bar. </div><br><div style="background-color: #E3FBE5;">Note: As long as the order is completely unfilled, MultiCharts will always convert the order as described in this step regardless of any settings under '''Replace to Market Partially Filled Orders'''. If there is a partially filled order and '''Replace to Market Partially Filled Orders''' was turned on, then MultiCharts will convert the order according to the settings in '''Replace to Market Partially Filled Orders'''.</div><br><br> | #:* Select '''Convert unexecuted limit or stop exit orders to market orders''' check box to convert unexecuted limit or stop exit orders to market after a specified number of seconds. Enter the number of seconds in the list box.<br><div style="background-color: #E3FBE5;">Note: The waiting period for converting unfilled limit or stop orders to market orders must be less than the duration of a single bar. </div><br><div style="background-color: #E3FBE5;">Note: As long as the order is completely unfilled, MultiCharts will always convert the order as described in this step regardless of any settings under '''Replace to Market Partially Filled Orders'''. If there is a partially filled order and '''Replace to Market Partially Filled Orders''' was turned on, then MultiCharts will convert the order according to the settings in '''Replace to Market Partially Filled Orders'''.</div><br><br> | ||
#:'''''Assign the Initial Market Position at the Broker Settings''''' | #:'''''Assign the Initial Market Position at the Broker Settings''''' | ||
#:To learn more, see [[ | #:To learn more, see [[Auto_Trading#Assign the Initial Market Position at the Broker Settings|Synchronization of Market Position in Auto Trading Mode]]. | ||
#:* Select '''Show the Assign the Initial Market Position at the Broker''' radio button 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 the Assign the Initial Market Position at the Broker''' radio button 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 '''Do not show the Assign the Initial Market Position at the Broker''' radio button to set the initial position here instead of in the dialog box.<br>There are two choices: | #:* Select '''Do not show the Assign the Initial Market Position at the Broker''' radio button to set the initial position here instead of in the dialog box.<br>There are two choices: | ||
| Line 39: | Line 39: | ||
#* Turning on auto trading on the chart | #* Turning on auto trading on the chart | ||
#** SA Mode | #** SA Mode | ||
#**# Select the [[ | #**# Select the [[Auto_Trading#Distinguished Features of Auto Trading|Auto Trading Status Switch]] and select '''Automate Order Execution'''. | ||
#**# Read the disclaimer and click '''Yes'''. | #**# Read the disclaimer and click '''Yes'''. | ||
#**# The button will turn green which means auto trading is on. | #**# The button will turn green which means auto trading is on. | ||
#** AA Mode | #** AA Mode | ||
#**# Select the [[ | #**# Select the [[Auto_Trading#Distinguished Features of Auto Trading|Auto Trading Status Switch]] and select '''Automate Order Execution'''. | ||
#**# Read the disclaimer and click '''Yes'''. | #**# Read the disclaimer and click '''Yes'''. | ||
#**# If '''Show the Assign the Initial Market Position at the Broker dialogue''' was selected earlier, then a dialog box will appear.<br>Enter the initial market position and average entry price. Then select '''Yes'''. | #**# If '''Show the Assign the Initial Market Position at the Broker dialogue''' was selected earlier, then a dialog box will appear.<br>Enter the initial market position and average entry price. Then select '''Yes'''. | ||
| Line 63: | Line 63: | ||
# Turn off auto trading. There are two ways to do this. | # Turn off auto trading. There are two ways to do this. | ||
#* Turning off auto trading from the chart | #* Turning off auto trading from the chart | ||
#*# Select the [[ | #*# Select the [[Auto_Trading#Distinguished Features of Auto Trading|Auto Trading Status Switch]] and deselect '''Automate Order Execution'''. | ||
#*# If there are orders pending, a dialog box will appear to ask if pending orders should be cancelled. Select '''Cancel Orders''' or '''Do Not Cancel Orders''' to proceed. | #*# If there are orders pending, a dialog box will appear to ask if pending orders should be cancelled. Select '''Cancel Orders''' or '''Do Not Cancel Orders''' to proceed. | ||
#*# If there are open positions, a dialog box will appear to ask if open positions should be closed. Select '''Close Positions''' or '''Do Not Close Positions''' to proceed. | #*# If there are open positions, a dialog box will appear to ask if open positions should be closed. Select '''Close Positions''' or '''Do Not Close Positions''' to proceed. | ||
