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GAIN Capital supports Native One-Cancels-Others group, however, it is limited to only 2 orders with the same number of contracts. Therefore, 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 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]]). | GAIN Capital supports Native One-Cancels-Others group, however, it is limited to only 2 orders with the same number of contracts. Therefore, 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 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]]). | ||
==Setting up GAIN Capital Broker Profile== | |||
In the Properties GAIN Capital window (see [[Broker Profiles Overview#Managing Broker Profiles|Managing Broker Profiles]]) enter the information provided by GAIN Capital: | In the Properties GAIN Capital window (see [[Broker Profiles Overview#Managing Broker Profiles|Managing Broker Profiles]]) enter the information provided by GAIN Capital: | ||
# In the '''Authorization''' section | # In the '''Authorization''' section enter your '''Login''' and '''Password'''. | ||
# In the '''Connectivity''' section check the '''Server''' ('''Sim''' or '''Live''') and '''Port''' number (default Port number is '''9210'''). | # In the '''Connectivity''' section check the '''Server''' ('''Sim''' or '''Live''') and '''Port''' number (default Port number is '''9210'''). | ||
#* Enable '''Convert stop orders guaranteed to be executed to market orders''' checkbox if you want Stop orders to be converted into market when they are guaranteed to be executed. | #* Enable '''Convert stop orders guaranteed to be executed to market orders''' checkbox if you want Stop orders to be converted into market when they are guaranteed to be executed. |