Integrated Brokerage Trading allows trades from a Trading Strategy to be sent directly to a brokerage.
To setup integrated trading within NeuroShell Trader
- Select Options from the Tools menu to activate the Options Dialog.
- Select Send orders to brokerage from the Trading Orders tab.
- Select the desired brokerage server from the Brokerage drop-down list
The following are the brokerage servers distributed with NeuroShell Trader that can be selected in the Brokerage drop down list:
Interactive Brokers ‘ Sends trades to Interactive Brokers. For more detailed information see: Interactive Brokers
Order Emailer ‘ Emails trades to a list of email addresses. For more detailed information see: Order Emailer
Notes:
- Note that to send trades from a prediction to a brokerage, you will need to first insert the prediction into a trading strategy and then actively trade the resulting Trading Strategy (see Example 20 for an example).
- Additional brokerage servers may be available from third party developers or developed using the NeuroShell Trader Brokerage API. Once installed, additional brokerage servers will be listed in the Brokerage drop down list.
- While integrated trading is occurring, the price bars of the trading strategy will be colored yellow. If you save and reload a chart that was being actively trading, the old fill prices and yellow areas of active trading will also be saved and redisplayed.
- NeuroShell Trader uses the following color schemes to distinguish whether integrated trading has just started, is proceeding normally or is ending:
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Army Green on chart and green in alerts and order window means that active trading was just turned on and it is waiting to place an entry order. No position closing exit orders will be placed with the brokerage, only an entry order to open the position.
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Bright Yellow on chart and green in alerts and order window means that the first entry order was placed on that bar or a previous bar, but an entry fill did not yet occur on that bar.
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Light pale yellow on the chart and black in the alerts and orders window means that active trading is occurring, both entry and exit orders will be placed with the brokerage.
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When you turn off active trading, the chart goes to bright yellow again and the alerts and orders window shows red, meaning that trading is ending and no new entry orders will be placed with the brokerage, only an exit order to close out the existing position.
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If you are actively trading a chart, save and close that chart, but then reload the chart later, the bars between when you closed the chart and opened the chart will be colored purple. NeuroShell will not signal any trade entries, exits or stops during the purple colored time period because the chart was closed, but still being actively traded.