Home                           

 Try Investor/RT             

 Investor/RT Tour           

 Getting Started              

 What's New                  

 Testimonials                 

  Q&A - Broken down by Topic . . .      Complete List of Questions - All Topics
     Charts and Technical Indicators      Market Profile Charts
     RTL: Scans, Signals, and Custom Indicators      Importing and Exporting
     Trading Systems and Backtesting      Schedules
     Quotepages, Portfolios and Custom Columns      Alarms / Alerts
     Data: Historical Data, the Database, and Data Services      User Variables (T# and V#)
     Custom Instruments: Spreads and Pairs      General / Miscellaneous
     Controls, Windows, and the Button Indicator      Autotrading
     Slide Shows      Product Line

 
Q&A Home

Investor/RT Answer
Answers to Common Questions

Question

How can I setup Investor/RT for automatic trading with Infinity/TransAct, Interactive Brokers, or Zen-Fire/Rithmic? (Autotrading)
   

Answer

At the present time there is no trading order support for Transact/Infinity. The brokerage integration features of Investor/RT currently operate with Interactive Brokers, Zen-Fire, and Rithmic. Support for Transact/Infinity may appear later this year.These brokerage features are designed to provide what you may call "trading from the charts", where signals and button clicks are employed to initiate trading actions. Feedback on current position, average fill price, and working order size and price levels is provided in the charts automatically. "Automated Trading" or "Automatic Trading" is something entirely different and is not the focus of this design. Some degree of automation can be achieved with signal markers or reference line/trendline breaks that trigger signal actions which in turn can fire a trading order. These features are designed for attended operation and require careful setup and testing using the trading simulator before deployment. If you license the trading system tools to develop and backtest your own trading systems, a trading system could be further adapted to run with live real-time data (or playback) embedded in a chart using the Trading System Indicator. While more automation is theoretically possible using these advanced tools, they were not designed with live trading in mind. Trading system rules that work well when backtesting require modification (to consider real position status for example) before they can be used in the context of real or simulated brokerage activity. The trading system indicator is designed to work in the theoretical world where there is an immediate fill at some theoretical price when some signal occurs and this model does not adapt easily to real trading scenarios where orders may fill at some later time.

Long answer to a short question, but I say all this to make clear that Investor/RT is not designed to be and does not claim to be a live trading automation system. Anyone trying to use the software in this way should proceed with much care and thorough testing using the built-in trading simulator.