Executing Live Strategies
Choose the strategy and the instrument to execute live. You also need to choose the broker connectivity types which corresponds to the credentials you have entered in your user profile. The values are based on the brokers’ live or test trading environment.
You can change additional parameters such as trade timing and settings tabs. These parameters are similar to backtest which provides a finer grain control over timing, risk control and position sizes.
Trading day start/end: Controls the days and hours where trading takes place. There is a choice of closing a position either at the end of the day or at the end of the week.
Contact type: This applies to Forex instruments only where the contract sizes can be changed. They vary between micro and standard lots.
Risk Mode:
Fixed Lots (i.e. positions): Risk mode is by default set to 1 lot or 1 unit of a contract or security. This means that every time there is a signal the algorithm executes n unit of that security. For a Forex contract it would for instance execute one Standard Lot by default. For an equity it will buy one share of that instrument.
Auto: Auto is based on a percentage of equity calculation. Depending the account balance, stop loss and risk % it automatically calculates the position size.
Tick sensitivity: Tick sensitivity reacts on every tick. It means that last bar keeps adjusting itself as bid/ask values are received from the broker. This option could potentially create a lot of transaction if you don’t set a limit. Use it only if you know exactly what you are doing.