Reference: Asset Settings, Portfolio Settings, Account Settings and Default Trading Settings
The Asset Settings dialog allows you to access and manipulate the settings of individual assets in your portfolio.
The Asset Settings dialog contains twelve tabs:
Forex Details (Only available for Forex assets)
Futures Details (Only available for Futures contracts)
Instruments (Only available for Futures contracts)
Internal Paper Trader (Only available for Internal Paper Trader accounts)
The Position Sizing, Order Details, Limits and Stops, Safeguards, Order Fees and Obtain Settings tabs are all tied with the Asset Settings, Portfolio Settings, Account Settings and Default Trading Settings dialogs. Please note that any adjustments made to these tabs from the Asset Settings dialog will only affect that particular asset. However, any adjustments made to these tabs from the Portfolio Settings or Account Settings will affect the entire portfolio selected or the entire account that holds all of your portfolios and assets.
The Asset Settings Dialog is accessible by double-clicking on a particular asset or by right clicking on said asset and choosing Edit Asset Settings.
The Asset Tab allows you to control the specific settings of an individual asset in your portfolio. The Asset Tab controls the auto trading settings such as where the signals are generated from or whether or not auto trading is enabled for this specific asset.
o Broker Symbol
Is a short 3-6 characters used to identify a security or index. Any combination of letters or numbers can be used here; however, it must be unique to the other symbol names in your portfolio.
o Asset Type
The Asset Type indicates the type of market this symbol is traded in and has three options to choose from:
· Stock
This Asset Type is used for symbols, which are traded like a normal stock, including stocks and exchange traded funds (ETF).
· FOREX Spot
This Asset Type is used for symbols, which are traded on the FOREX spot market. Trading is done on margin-based settings in the Forex Details. See below for additional settings required for this Asset Type.
· Futures Contract
This Asset Type is used for symbols, which are traded as Futures contacts. Trading is done on margin based on the settings in the Futures Details. See below for additional settings required for this Asset Type.
Autotrading
o Signal Generator
The Signal Generator indicates where the automated trading signals are derived from and has three options to choose from:
· Unset (Default Option)
The default option for all new assets.
· TradingSolutions
Automated trading signals deriving from TradingSolutions. See “What is TradingSolutions ” for additional information on this signal generator.
· Collective2
Automated trading signals deriving from Collective2. See “What is Collective2 ” for additional information on this signal generator.
o Signal Symbol (or TS Data Series)
Is a short 3-6 characters used to identify a security or index within your specified Signal Generator. Any combination of letters or numbers can be used here; however, it must be unique to the other symbol names in your portfolio. If TradingSolutions is selected as the Signal Generator this field is displayed as TS Data Series.
o Model Name
Used to list available trading systems based on the Signal Generator selected.
o Periodicity (Only available with TradingSolutions selected as Signal Generator)
Used to differentiate between multiple periodicities in TradingSolutions. If only a single periodicity is present, it will be selected by default.
o Time Zone
The specified time zone of the signal generator.
o Auto-trading enabled
The Auto-trading enabled checkbox is available for quick access to enable or disable a specific asset for automated trading. Note: Auto-trading enabled is checked by default.
When you are finished making changes to any dialog in Trader68, it requires the user to press the Save button located at the top of the dialog window. However, note that any changes on this dialog will not occur unless the Save button is pressed.
The Forex Details Tab allows you to control the specific settings of an individual Forex asset in your portfolio. The Forex Details Tab is only available when the Asset Type is set to Forex Spot in the Asset Tab of a particular asset.
o Pip Size
The minimum amount by which the price can fluctuate. Most foreign currency pairs have a Pip Size of 0.0001.
o Leverage
The leverage that is applied for Forex trading.
o Conversion Type
Which currency in the pair the profits will be derived from and there are four options to choose from:
· None (xxxUSD) (Default Option)
This Conversion Type is the default option for all new Forex assets, which puts the USD as the counter currency.
· Local First (USDxxx)
This Conversion Type indicates that the USD is the base currency.
· Foreign, First After Local (xxxyyy via USDxxx)
This Conversion Type indicates a cross pair where the base currency of the cross pair is the counter currency of the Conversion Symbol (which puts local as the base currency for the Conversion Symbol).
· Foreign, First Before Local (xxxyyy via xxxUSD)
This Conversion Type indicates a cross pair where the base currency of the cross pair is the base currency of the Conversion Symbol (which puts local as the counter currency for the Conversion Symbol).
o Conversion Symbol
The pair used to convert a cross pair to the local currency (e.g., USDxxx or XXXUSD). This setting only applies to the Conversion Type settings that begin with “Foreign”.
The Futures Details Tab allows you to control the specific settings of an individual Futures asset in your portfolio. The Futures Details Tab is only available when the Asset Type is set to Futures Contract in the Asset Tab of a particular asset.
o Initial Margin
The minimum amount of money per contract that must be in the account at the beginning of the trade.
o Maintenance Margin
The minimum account of money per contract that must be in the account after the trade has started. It is typically less than the Initial Margin, but maybe equal to it.
o Tick Size
The minimum amount that the price of the market can change.
o Tick Size Dollar
The actual dollar amount of the futures contract.
o Fees per Contract
The sum of fees that correspond with trading one side of a single futures contract.
o Broker Price Scale
This will usually be set to 1, but some brokers adjust the tick size by a "unit size". For example, CT has a tick size of .0001, but some data providers report the prices in hundreds with a "unit size" of .01.
o Sig Gen. Price Scale
This will usually be set to 1, but some signal providers adjust the tick size by a "unit size". For example, CT has a tick size of .0001, but some data providers report the prices in hundreds with a "unit size" of .01.
o Historical Price Scale
This will usually be set to 1, but some data providers adjust the tick size by a "unit size". For example, CT has a tick size of .0001, but some data providers report the prices in hundreds with a "unit size" of .01.
o Month Calendar
Which months have available contracts for the individual futures asset.
Auto Rolling Instruments
o First Notice Day Rule (FN) is:
A short-hand notation of when the First Notice Day occurs for this commodity. Listed below are a few examples of the short-hand notations in action:
· 2MON-
The business day on or before the second Monday of the contract month.
Note: This is an example of the trailing minus.
· 3WED-2
Two business days before the third Wednesday of the contract month.
Note: This is an example of the -adjustment.
· -25CD—3
Three business days before the business day on or before the twenty-fifth calendar day of the month before the contract month.
Note: This is an example of both trailing minus and -adjustment at the same time.
· -LBD
The last business day of the month before the contract month.
o Last Trading Day (LTD) is:
A short-hand notation of when the Last Trading Day occurs for this commodity.
o Last New Short x days before y
The last new short position that can be taken in a futures contract. For example, a brokerage may not allow short positions in futures beginning two days prior to the First Notice Date (FND). Setting this option to “Last New Short 4 days before FND” would cause any new short positions to be opened against the next futures contract rather than the current one.
o Last New Long x days before y
The last new long position that can be taken in a futures contract.
o Current Long x days before y
Allows a new long position to be rolled existing positions to the next futures contract. For example, a brokerage may not allow long positions in futures beginning two days prior to the First Notice Date (FND). Setting this to “Current Long 3 days before FND” would cause any current long positions to be rolled to the next futures contract.
o Current Short x days before y
Allows a new short position to be rolled existing positions to the next futures contract.
o Current Desired Contract
The current contract being autotraded by Trader68.
o Get Settings From Broker and Defaults
Takes you to the Obtain Settings tab to automatically obtain information about the asset.
When you are finished making changes to any dialog in Trader68, it requires the user to press the Save button located at the top of the dialog window. However, note that any changes on this dialog will not occur unless the Save button is pressed.
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The Instruments Tab allows you to control the specific settings of an individual asset in your portfolio. The Instruments Tab controls the settings for symbol formats for the signal generator and broker for futures contracts.
o Edit Symbol Format for
Defines how a symbol name should be generated and has three options:
· Trading
Defines how the symbol name should be generated for the broker.
· Signal
Defines how the symbol name should be generated for the signal generator.
· Historical
Defines how the symbol name should be generated for the historical data provider.
Broker Symbol Format
o Base Broker Symbol
The base symbol format that the broker requires for issuing trades. The Base Broker Symbol automatically pulls the information from the Asset Tab.
o Spaces after base symbol
The number of spaces requires after the Base Symbol to match the Base Trading Symbol.
o Two digit contract year
The Two digit contract year checkbox is unmarked by default and indicates that the Base Symbol requires two-digit years to match the Base Trading Symbol.
o Instrument Base Symbol
The base symbol format that the broker requires for issuing trades. The Instrument Broker Symbol automatically pulls the information from the Asset Tab.
o Single character contract month
The Single character contract month checkbox is marked by default and indicates whether or not the Broker Base Symbol requires a single character for the contract month.
o Space after contract month
The Space after contract month checkbox is unmarked by default and indicates whether or not the Broker Base Symbol requires a single character for the contract month.
When you are finished making changes to any dialog in Trader68, it requires the user to press the Save button located at the top of the dialog window. However, note that any changes on this dialog will not occur unless the Save button is pressed.
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The Internal Paper Trader Tab allows you to control the specific settings of an individual asset in your portfolio. The Internal Paper Trader Tab controls the settings for slippage and limit and stop fill types.
o Slippage Type
Slippage can be applied to all trades to simulate the effects of the fill price being worse than the last known trading price and it has three options:
· Units
Slippage expressed as ticks/pips.
· Dollar Amount
Slippage expressed as dollars per share/contracts.
· Percent of Price
Slippage expressed as a percent change in the price.
o Slippage Amount
The amount of slippage indicated based on the Slippage Type.
o Limit Fill Type
Limit orders technically are available for being filled if the limit price is within or beyond the high-low range for a bar. However, in live trading, the volume may not always be availabel at the outer edges of the high-low range to fill the limit order.
o Stop Fill Type
Stop-market orders become market orders when the target price is within or beyond the high-low range for a bar. In live trading, this market order may still be subject to slippage in the process of being filled.
When you are finished making changes to any dialog in Trader68, it requires the user to press the Save button located at the top of the dialog window. However, note that any changes on this dialog will not occur unless the Save button is pressed.
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