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Barry Cohen

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Subject : RE: Autotrade set up
Posted : 5/11/2018 6:09 PM
Post #44673 - In reply to #44671

I'm wondering how that would be set up in OT to work (get the port sim result we see in OT)? can it work in an EOD profile OR does it require a RT profile using daily bars? Is there any different settings in OT required for the MOC orders to work?

When will ATM be ready for RT profiles (daily bars) - this new ATM2 update coming out?


ATM2 will not have RT support. Once development work starts on RT, I'll have a better idea of when it will be released. It is possible to use MoC in EOD though. Steve L does this already. It requires you change all your trade plan entries to MoC (use market orders for exits) & to set the AutoTrade time closer to market close. Timing on it is difficult though since you want to make sure the ToDo List analysis completes before the window where IB stops accepting MoC orders (15 min prior to the close). That's really it - it should work.

yes I set it to 195% (leave some buffer to avoid a margin call) and in Port Sim I have checked to use the extra margin $ to increase trade size not increase number or trades. Anything else? Below you specify to increase number of trades - I think that was a mis-speak and you meant select whichever you want, but know what you selected - correct?


You want to change it to increase number of trades. There is a known bug with increasing the trade size setting where it scales the trade sizes according to the AutoTrade Max Equity Percent - for right edge trades only. The AutoTrade field should act as a filter instead, not scale the trade sizes. If you use the increase number of trades setting, it works correctly.

Oh, and in the AT settings we do NOT have to check "close positions on exit signal" correct? I assume because the TP in each strategy is controlling that?


You don't need to check that if all your strategies have trade plans & your AutoTrade trade plan setting is set to (Strategy). It can come in handy for when a strategy trade plan differs from the trade plan actually used.
Deleting message 44673 : RE: Autotrade set up


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