Wednesday, October 13, 2010

Automated Trade System From NinjaTrader to Bracket Trader to Interactive Brokers

This is a Video I made showing automated trades being sent from NinjaTrader to Bracket Trader to Interactive Brokers

How to Setup an Automated Trade System From NinjaTrader to ZeroLine Trader

There are several reasons why someone might want to use ZeroLine Trader over NinjaTraders built in Trade Management software. You may like Zeroline Trader's trade management software over Ninjatraders ATM software because it is easy to use and you can customize your strategies in Zeroline Trader to your liking. You may also be using Zeroline Trader over NinjaTrader because you don't want to pay to have to use NinjaTrader but you like the charts and strategies that you've designed. Many people will install NinjaTrader and develop an automated trade system but never go live with it because of the extra fee's it costs to use NinjaTraders Trade management software. If you are client of Interactive Brokers there is a simple way around those fees by using another 3rd party application to manage the trade like ZeroLine Trader.

What you can do is setup an automated trade system in NinjaTrader and instead of using NinjaTrader trade management software, you send an email out to ZeroLine Trader to place the trade for you, and then ZeroLine Trader sends the order to Interactive Brokers. Using the Perl script I've written, and with a little bit of coding, this is a very simple setup and gives you a fully functional automated trade system for Ninjatrader through Interactive Brokers without the extra cost of having to own Ninjatrader or pay the extra cost for placing each trade. Having the automated trade system run directly through Ninjatrader to Interactive Brokers will be slightly faster and may be slightly easier to setup; however, using ZeroLine Trader as a middleman to save on the extra fee's may be worth it.



Here are the Downloads you will need-
  • NinjaTrader

  • Charting and Trading Platform

  • ZeroLine Trader
  • - Trade Management Software

  • Mailenable
  • - Free Mail Server

  • ActiveState Perl
  • - Free Scripting Software

  • HPT's ZeroLine Trader Perl Script
  • - An email client that checks your email and enters a trade into ZeroLine Trader when a new alert is found in NinjaTrader

  • Interactive Broker’s TWS Demo
  • - A Free Demo account with Interactive Brokers

  • Visual C++ 2005 from Microsoft
  • -This is software required by the InteractiveBrokers API to register properly

    Monday, October 11, 2010

    QuoteTracker to ZeroLine Trader Automated Trade System

    I have written a perl script which enables you to make automated trades based off of signals generated in Quotetracker.(Thanks to Boogster for the original script)
    This automated Trade System works the same way my Bracket Trader Automated System for QuoteTracker works, so I have made 1 video detailing how to setup Zeroline Trader to enable automated trades. I Like Zeroline Trader over Bracket Trader for the Automated Trade system because Zeroline Trader has more options to configure strategies and you can setup the automated trade system to trade multiple symbols very easily.



    Here are some Tips-
    Make Sure your Page is named "Futures" in ZeroLine Trader and your email template is setup to trade the Contract based on the Data Row ID in ZeroLine Trader



    How to setup the Order Email template in QuoteTracker-


    For reference on how to setup the ATS, you may want to watch my other videos.
    Boogster made a very detailed post on how to make an ATS and I decided to make a tutorial video following his guide. If you have a broker that accepts API connections like Interactive Brokers, then you can make this Automated Trading System for Free. Here are the downloads you'll need-

  • Medved Quotetracker
  • - Free Charting Software
  • ZeroLine Trader
  • - Trade Management Software
  • Mailenable
  • - Free Mail Server
  • ActiveState Perl
  • - Free Scripting Software
  • HPT's ZeroLine Trader Perl Script
  • - An email client that checks your email and enters a trade into ZeroLine Trader when a new alert is found in QuoteTracker
  • Interactive Broker’s TWS Demo
  • - A Free Demo account with Interactive Brokers
  • Visual C++ 2005 from Microsoft
  • -This is software required by the InteractiveBrokers API to register properly

    The Videos below were made as a tutorial for setting up QuoteTracker to Bracket Trader as a complete Tutorial. If you had trouble getting the ATS to work for ZeroLine Trader, these other Tutorial videos I made for Bracket Trader ATS may help you, as the only difference between the ATS between the two applications is the Order configuration and Perl Script. The old Perl Script used for BracketTrader will not work for ZeroLine Trader, you must download the new one above.

    HPT's ATS Tutorial Part 1 - Downloading Software Setup


    Part 2 - Installing and Configuring software


    Part 3 - Setting up Quotetracker & ATS Email Tempelate


    Part 4 - Bracket Trader Setup & Live Trade


    Part 5 - ATS Exit Signals & IB Demo Account


    Example of ATS Exit signal working


    I would like to give a special thanks to Boogster for his work on the ATS perl script, Jerry for his awesome charting software QuoteTracker, and Hong for his excellent Trade Management software ZeroLine Trader.

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