Advanced Analytics

Auto Trade

Execution parameters, such as pricing, sizing, timing, and order type instructions, are specified within the trade system.

In order to use Auto Trade, you must:

have an active trading account

be enabled for backtesting

be enabled for autotrading

be experienced with trade system development

have a repository of fully operational trade systems

If you have numerous, highly complex trade systems, you may require additional CQG IC systems due to computational and data intensity.

The Auto Trade title bar is highlighted according to the current state of the gateway and data.

green = connected to gateway and no data delay

orange = data is delayed

red = disconnected from gateway (a message is also displayed)

To open Auto Trade, click the AutoTrd button on the toolbar. If the button is not displayed, click the More button, and then click Auto Trade.

Note: TFlow smoothing and tick smoothing cannot be used with Auto Trade.

106.Auto Trade Toolbar

The Auto Trade toolbar includes a single button:

All Off button

Click this button to turn off all auto trades.

107.Setting Up Auto Trades

An auto trade is a trade that is automatically placed by the Auto Trade system when the conditions of a trade system are met. Trade system parameters are selected when you create the trade system formula. Parameters that govern the execution of automatic trades are set on the Auto Trade window.

This set up process assumes that you have at least one trade system created.

Open the Auto Trade window.

Set auto trade parameters, starting with the Name field.

Turn on the auto trade.

To delete a single auto trade

Right-click the row, then click Delete Row.

To delete all auto trades

Right-click Auto Trade, then click Delete All.

108.Setting Auto Trade Parameters

Auto Trade parameters are arranged in columns on the Auto Trade window.

Name	Description
Name	Type an alert name, which appears as a filter on the Orders and Positions window and with the ATS study. This is the first step in the process of creating an auto trade; other fields are active only after a name has been assigned to the auto trade.
Account	Select an account for the automated trades to be executed in. You can use either a live or a simulated account. This column is not active if you are not logged on to trade.
Trading System	Click this field to expose the drop down arrow, then click that arrow to open the Trade System menu. The menu includes the trade system formulas you have created with Formula Builder. Right-click this field to edit the trade system parameters.
Issue	Type a symbol. If the symbol does not identify a month or year, the spot contract is used.
Preferences	Indicates the chart interval|topic=Entering symbols with intervals and recalculation setting|topic=Recalc Chart Preferences. Double-click or right-click this field to change chart preferences.
Actions	Double-click this field to set sound and email order fill notifications. Right-click this field to set or clear actions.
Remember History	Click this field, then click yes or no to activate or deactivate external trades. yes = the Total Position value is calculated using the trades entered in the external trades window no (default) = autotrading begins with a flat position
External Trades	Click this field to open the External Trades window and manually enter trades that should be included in the calculations for this auto trade. Used in conjunction with Remember History. You can also open this window by right-clicking anywhere on the Auto Trade window.
Rej Stop to Mkt	Select this check box to tell the system to convert rejected stop orders to market orders, assuring timely execution of exit orders.
On	Click this check box to activate the auto trade. The trade system start flat, and Remember History is set to no. To change the value of some parameters, the auto trade must be turned off.
Total Position	Displays the total net position of the trade system since it was initiated for autotrading. The position is reset to 0 at the start of each auto trade. If Remember History is on, then external trades are considered in this calculation.

109.Setting Auto Trade Actions

Automatic trades can trigger two actions in addition to order placement:

Playing a sound.

Sending email.

To set these actions, double-click the Actions field or right-click the field, then click Set Actions.

Playing a sound

To silence sounds, select Silent from the sound type drop-down menu. Otherwise, choose Waveform or MIDI (two types of sound wave formats).

Use the sound drop-down menu to select a sound or click Browse to search for a sound.

Click Play to preview the sound.

The maximum play time for sounds is 300 seconds.

By default, sounds are turned off.

Sending email

Click Email Settings to set up email|topic=Defining Email Settings.

Click Test to validate your settings.

Note that most mobile carriers offer a way for you to receive text-only e-mails as text messages by entering the e-mail address associated with your mobile phone number. In this way, you can use e-mail to send alerts as text messages to your mobile.

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