My algo trading daily performance

NJ23

Well-Known Member
Have got a paper trading account from Symphony. Amibroker is on my system and is connected through a software called Amifuse... Trying to learn the operational aspects before going for live trades... Any ideas on how backtest can be done if trades are based on Stop buy orders...
The default order execution algorithm in Ninja Trader would allow you to test limit, stop limit orders, I don't know how Ami decides about fills.
 

NJ23

Well-Known Member
Would it be a good idea to integrate ninja trader for auto trading? Any thoughts
Absolutely, NT is a complete package for trading. A little better set of features than AmiBroker. But it isn't well supported by any broker in India. Traders as well have become comfortable with AmiBroker, learning a new programming language keeps them from switching to it. And the best thing is its free.
 

mithoon

Active Member
When i interacted with one of the master trust guy, he said the brokerage is .01% not 20 per order or 15 per order. If master trust can provide feasible brokerage, then its wise to give a try. Bcoz brokerage on percentage basis doesn't suit us
Very true, the main reason discount brokers are flourishing is because of the fixed fee per trade model,there definitely is a cost involved for the setting up Algo trading,but deviating from the core model of fixed fee per trade to % of turnover,this will only create opportunity for other low cost brokers to come up with sub standard Algo products ,a fixed fee for using your service would be most welcome.
 

mechtrader

Well-Known Member
even with GraphXSpace set to optimal on Amibroker and just 5 open charts ,i am finding it super challenging and you are managing with 30,wow !!!
but this is not practical,i guess we need to talk to them regarding the same.
It works for me bcoz i dont have to change anything during the trading hours.
Once i switch on the strategy, i switch off the VNC.

Regards,
MT