Algo Trading @MasterTrust

[c.trader]

I also cleared NCFM
HOU TO GET MT8 FULLY AUTOMATIC
PLEASE SUGGEST PROCEDURE

 

[Mastertrust]

@c.trader,

Please contact our helpdesk or ATS desk. New license are now being provided for MasterTrader v8.0

@r.amvarman,

We can build a custom bracket order for you as per the requirements. Please contact our helpdesk.

 

[Mastertrust]

Weekly Tip #12

Divergence Based Trading

As we know, momentum plays a major role in identifying strength of a Trend. it is important to know when a trend is slowing down. It is also true that less momentum does not always lead to a reversal but it does signal that something is changing, and that the trend may consolidate or reverse.

Disagreement between the momentum indicator and price is called Divergence, and it can have significant implications for trade management.

Traders have to continuously watch for divergence on multiple charts to identify and exploit such opportunities. This is because most charting software allow to plot momentum oscillators but do not have a ready-made solution for divergence detection. For short-term or intraday traders, it is a tedious process and an opportunity may turn stale by the time it is identified.

MasterTrader v8.0 gives traders this option with Divergence Indicator. The best part is, it is independent of the Momentum indicator. Common momentum indcators such as RSI, ROC, Stochastics etc. can be used as input line for Divergence Indicator for automatic divergence trading and automated trading.

Happy Trading!
AlgoTrading@Mastertrust
Click for Inquiry
Click for Demo of MasterTrader v3.0

 

[Mastertrust]

Weekly Tip #13

Multi-client Multi-strategy Dashboard

It can be very hard to manage multiple strategies for multuple client simultaneously, unless a simplified interface is available. MasterTrader v3.0 presents a simplified interface with several features for robust strategy management:

• Start, Submit or stop all strategies with single click
• Square-off position in all strategies with single click
• Start, Submit, stop or square-off all strategies for a particular account with single click
• Import/Export parameters of all strategies to CSV file
• M2M Status Bar on the dashboard itself which shows net M2M from all strategies
• Hide/Show specific columns in dashboard for a custom simplified look
• Start of Stop selected strategy by single click or keyboard shortcut

Happy Trading!
AlgoTrading@Mastertrust
Click for Inquiry
Click for Demo of MasterTrader v3.0

 

[c.trader]

Mt3/mt8 which can use in paper trading mode for retail traders

 

[Mastertrust]

@c.trader,

Please contact our helpdesk or ATS desk. Paper trading mode can be arranged depending on the requirement in both MTv3/Mtv8

 

[Mastertrust]

Weekly Tip #14

One-Box Auto Trading Solution

It can be a nightmare for traders to use different software from different service providers and integrate them for automated trading. An example for this approach is to use:

1. Charting Software from one service provider
2. Charting Data feed from another service provider
3. Auto trading bridge from yet another provider
4. Integrating all software to trade through a suitable broker.

The primary problem in this approach is that when something goes technically wrong, the trader finds a hard time coordinating with different service providers.

MasterTrader v3.0 provides live data feed to Amibroker, provides a bridge for AFL signal execution as well as proper terminal for managing positions.

MasterTrader v8.0 has its own charting platform, live datafeed, strategy integration bridge as well as advanced terminal for managing orders, trades and positions.

MasterTrust provides prompt technical support for any issue related to MasterTrader v3.0 or MasterTrader v8.0.

Happy Trading!
AlgoTrading@Mastertrust
Click for Inquiry
Click for Demo of MasterTrader v3.0

 

[Mastertrust]

Weekly Tip #15

Independent Long and Short Trade Cycles

Even though trading comes down to simply buy and sell, those using Technical Analysis adhere to Long and Short trading rules. So there are four primary types of trades: Long, Long Exit, Short and Short Exit.

It can be frustrating to enter a Short trade instead of Long Exit, because both involve placing Sell orders. Assume that your Long trade signal in morning is missed because you were not logged in to MasterTrader, your internet was briefly down or any other reason. The chart may generate a Long Exit signal in afternoon. If this signal is placed without any check, it will create a Short position, because you did not buy any shares in the first place. This will disturb the Long-Long Exit-Short-Short Exit cycle for entire trading day.

MasterTrader v3.0 gives you a smart solution by providing net position check for each of the four signal types. It does not triggers a Long Exit unless you have positive net position in the strategy, and similarly does not triggers a Short Exit unless there is negative net position in the strategy.

Happy Trading!
AlgoTrading@Mastertrust
Click for Inquiry
Click for Demo of MasterTrader v3.0

 

[Mastertrust]

Starting again after a pause...

Weekly Tip #16

Trading Using Camarilla Pivots

Camarilla pivot points were discovered in 1989 by Nick Scott, a successful bond trader. Most of analysis platforms give these levels in intraday chart. However, you will need to keep a eagle's eye when these levels are crossed for placing a manual order. This could also lead to missing an opportunity or taking slippage to catch the trade.

MasterTrader v8.0 allows you to trade automatically based on the crossover of Camarilla pivots. You can configure your logic and trade automatically using scanner for multiple scrips.

• For example, you can Buy when the price move back above S3 after going below S3, with the target of R1/R2/R3 levels. Stop loss can be placed at S4 level
• Or Buy when the price move back above R3 again after going below R3. Target will be 0.5%, 1% and 1.5% . Stop loss can be placed at R2
• Or, if the Open price is below S4, Buy above S3 with stop loss of (S4+S3)/2. Target R1, R2 and R3

Happy Trading!
AlgoTrading@Mastertrust
Click for Inquiry
Click for Demo of MasterTrader v3.0

 

[cloudTrader]

Starting again after a pause...

Weekly Tip #16

Trading Using Camarilla Pivots

Camarilla pivot points were discovered in 1989 by Nick Scott, a successful bond trader. Most of analysis platforms give these levels in intraday chart. However, you will need to keep a eagle's eye when these levels are crossed for placing a manual order. This could also lead to missing an opportunity or taking slippage to catch the trade.

MasterTrader v8.0 allows you to trade automatically based on the crossover of Camarilla pivots. You can configure your logic and trade automatically using scanner for multiple scrips.

• For example, you can Buy when the price move back above S3 after going below S3, with the target of R1/R2/R3 levels. Stop loss can be placed at S4 level
• Or Buy when the price move back above R3 again after going below R3. Target will be 0.5%, 1% and 1.5% . Stop loss can be placed at R2
• Or, if the Open price is below S4, Buy above S3 with stop loss of (S4+S3)/2. Target R1, R2 and R3

Happy Trading!
AlgoTrading@Mastertrust
Click for Inquiry
Click for Demo of MasterTrader v3.0

@ MasterTrust ,

This kind of logic I had been thinking off to use in Amibroker but as I am from a non-technical background so couldn't exactly muster a code for it. Was thinking of to take paid service for getting such an AFL.

Is this kind of strategy easy to employ in MasterTrader V 8.0 or for that also coding will be required ?

Thanks