Trading – Order Types
Organizer2020-11-15 at 5:23 pm
What kind of order types do we want to have available in MachinaTrader? Share your thoughts and maybe MachinaTrader can give us a scoop.
Member2020-11-16 at 10:44 am
Idk what order types are possible, but next to basic ones maybe Sweep-to-fill, all-or-none, and fancy automation ones like limit-if-touched. Less is more, and all order types that contribute to automated trading are in favor!👈
Member2020-11-16 at 1:40 pm
On MachinaTrader You are able to build both, full and semi-automatic algorithms.
This means You will be able to create just exactly the “Order Type” that You want, the “Indicator” that You need
or the combination of whatever You like in a Trading Strategy.
The idea of MT is not to limit You with given tools, but to give a sandbox for professionals to build automatizations and share them with the broad community. The community can revamp, recombine, finetune as they wish.
In other words, the idea is that You will see a growing number of different indicators, algorithms and strategies for a multitude of automatic and semi-automatic approaches.
We will release a detailed docu of the trade engine along with our next release that is planned before the start of this years Web Summit conference 2-4 Dec 2020.
Hope that helps 🙂
Organizer2020-11-16 at 2:56 pm
This sounds very promising. Is there also a DCA (dollar cost averaging) implemented? Where you can set up buy order in bitcoin for example on a specific date and time with a to me determine frequency?
Member2020-11-16 at 10:46 pm
Looking forward to see how this works on Machina Trader LIVE
Member2020-11-16 at 3:13 pm
dollar-cost averaging is one of the most simple type of strategies, so yes, you should see that popup 🙂
Organizer2020-11-18 at 9:56 am
Very interesting would be a mass order entry. I would like to place for example 50 offers with 10 cent between it in the orderbook.
Member2020-11-19 at 12:31 am
you could easily create this as a strategy with customized parameters.
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