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PRT enhancement requests - automated trading


Stef

Question

Hi All,

 

Some ideas for bettering the automated trading functionality in PRT...

 

1) Colour-coding trading sytems

 

When running/testing multiple trading systems at the same time, it becomes difficult to distinguish between positions opened by their respective systems, as can be seen in the image below, especially if the systems are variations of one another and open positions at the same levels (or levels close to one another).

 

Capture.PNG

 

My suggestion would be to have a colour-coding scheme (or numbering system) for the positions in the running systems overview window and for the positions displayed on the charts.

 

2) Toggle positions displays:

 

Related to 1 above, where multiple positions are open, would be the ability to toggle positions displays on/off - to only display on the timeframe that they were opened on (or to display on all timeframes). Reason behind this, if you are running/testing strategies on different timeframes, it would be a lot simpler to only view the blue position line and accompanying information on the timeframe the postion was opened on. This way, you would be able to better tweak opening and closing conditions for different timeframes. At the moment, for example, all positions are displayed on all timeframes, so, a position that gets opened on a 15-minute chart (15 minute system) will show up on your 1 hour and 5 minute charts also - making the display cluttered and confusing. And no, until the backtesting module is fixed/changed to behave the same as the ProOrder system, Probacktest is not the answer.

 

Some variations:

- Ability to toggle the display for all charts from the trading system overview window. In addition to the above, or as an alternative. As an addition would be better, so that you can still "switch off" the display of certain systems that you are currently not looking at. Or at least be able to dim them - if it is a concern that people might lose sight of/forget about their open positions - more of a problem in a live environment as opposed to a test one.

 

- Displaying positions opened on different timeframes in different colours. For instance, displaying all positions opened on a 5 minute chart in one colour, and displaying all positions opened on an hour chart in a different one. When you're trading strategies over different timeframes, this would be a lot better for keeping track of your positions. Curently this is confusing. This would solve the problem of trying to figure out why a postion was opened/event was triggered at a specific level/condition on a chart, only to realise that you are looking at the position on the wrong (different) timeframe chart.

 

3) Realtime export - running systems information

 

The ability to export (via DDE or other method) realtime information about running systems to Excel. This way, you would be able to compare systems over time, by say populating excel tables at set intervals. It would also be easy to compare systems (or variations of systems) in realtime - WRT drawdown, profit, etc., in order to help you decide which systems are performing better than others.

 

This type of functionality (to compare systems) can also be built into PRT, but I guess this will take too long to implement. I am happy to do whatever I want (or need) in Excel, if this information is available as an export.

 

That's all for now!

 

Regards

Stef

 

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3 answers to this question

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 Yeah great idea!

 

I have the same problem and also even if you mouse-hover over the Order then the name of the order cannot fully be seen as it shows up below the Order and of course there is another order there ... as shown in your pic ... and so the order name doesn't fully show.

 

I suggested they set the default Order name to be 'to the right of the Order' (not underneath).

 

I've only got onto this Community today, but in future I'll be putting all my ideas and gripes on here.

 

Cheers

GraHal

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Hey ,

 

Many thanks for this in-depth, detailed and thoughtful feedback/suggestions. I've asked the development team at IT-Finance to take a look at your post and to provide any feedback they may have. I'll let you know their thoughts!


Dan

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Hey ,

 

IT-Finance really appreciate your feedback and thank you for some good suggestions. They've added these to the list of recommendations for the next version of ProRealTime and have said they will continue to monitor the Community for your feedback.


Cheers,
Dan

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