Portfolio Trader: Difference between revisions
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In MultiCharts 9.0 '''Portfolio Backtester''' has been improved and became '''Portfolio Trader''' with [[#Forward Testing|forward testing]] and [[#Automated Trading|real-time dynamic portfolio trading]] capabilities. | In MultiCharts 9.0 '''Portfolio Backtester''' has been improved and became '''Portfolio Trader''' with [[#Forward Testing|forward testing]] and [[#Automated Trading|real-time dynamic portfolio trading]] capabilities. | ||
Portfolio Trader Manual in '''.pdf''' format can be downloaded [https://dl.dropboxusercontent.com/u/95112551/Portfolio/Portfolio%20Trader%20Manual.pdf here] | '''Portfolio Trader Manual''' in '''.pdf''' format can be downloaded '''[https://dl.dropboxusercontent.com/u/95112551/Portfolio/Portfolio%20Trader%20Manual.pdf here]'''. | ||
== Understanding Portfolio Trader == | == Understanding Portfolio Trader == | ||
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* Applying a trade strategy to a number of financial instruments simultaneously offers the following advantages: | * Applying a trade strategy to a number of financial instruments simultaneously offers the following advantages: | ||
* A diverse portfolio will produce more consistent results | * A diverse portfolio will produce more consistent results. | ||
* Infrequent trading opportunities will be more common across a number of symbols | * Infrequent trading opportunities will be more common across a number of symbols. | ||
* Portfolio strategies can maximize profit and minimize risks by dynamically allocating a portfolio’s capital based on each instrument’s performance | * Portfolio strategies can maximize profit and minimize risks by dynamically allocating a portfolio’s capital based on each instrument’s performance. | ||
* Portfolio strategies can enter, scale-in, scale-out, or exit positions based on the portfolio’s overall performance | * Portfolio strategies can enter, scale-in, scale-out, or exit positions based on the portfolio’s overall performance. | ||
* Portfolio strategies are generally more robust and less susceptible to over-optimization | * Portfolio strategies are generally more robust and less susceptible to over-optimization. | ||
* By backtesting on a diverse portfolio, instruments best suitable for that particular trading strategy can be selected. | * By backtesting on a diverse portfolio, instruments best suitable for that particular trading strategy can be selected. | ||
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'''Performance Graph''' gives a visual representation of portfolio performance. The following values are shown: | '''Performance Graph''' gives a visual representation of portfolio performance. The following values are shown: | ||
* Initial Capital | * Initial Capital. | ||
* Net Profit | * Net Profit. | ||
* Equity | * Equity. | ||
* Buying Power | * Buying Power. | ||
[[File:Perf Graph.png]] | [[File:Perf Graph.png]] | ||
