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Possibility to connect metastock to a broker to implement a trading system?
Rank: Newbie
Groups: Registered, Registered Users
Joined: 7/6/2009(UTC)
Posts: 8
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Dear All,
Once I have found a trading system I am happy with, can I link metastock to a broker so that it trades automaticaly the signals generated by my system on several U.S. and European stocks at the same time?
Cordially,
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers, Unverified Users
Joined: 10/28/2004(UTC)
Posts: 3,111
Location: Perth, Western Australia
Was thanked: 16 time(s) in 16 post(s)
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"Words make ideas sound so easy."
Yes it is possible: you'll need a broker with an API which will let you connect directly to their broking platform to execute the trade instructions, an interface for this API from Ms to send the instructions to the API, redundant communications, redundant power, impeccable understanding of the complexities and RISKS involved.
"In theory there is no difference between theory and practice, but in practice there is."
Please do a LOT more research before considering this idea further. Keywords: automated trading, algorithmic trading, high frequency trading, HFAT, robotic trading, robots, expert advisors (an MT4 phrase) etc
wabbit [:D]
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Possibility to connect metastock to a broker to implement a trading system?
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