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Starting an algo in ProRealTime™

Description

To start an algo in ProRealTime™ is quite simple. First you need to decide if you want to start the algo on a demo account with demo money or on your real account. If you're developing your own algos or are testing a new algo from a developer you don't completely trust, our recommendation is that you first start the algo on a demo account so that you don't risk losing your hard earned money.


1. Opening up the correct chart (timeframe + index)

1) Find the instrument name for the algo you want to test. The list belows shows you which instruments the different algos run on for a international IG account.

Please note that instrument names, currencies and contract sizes can differ depending on the country of your trading account


Algo instruments and position sizes



2) Search for the instrument in ProRealTime(Click to open up a chart of that instrument)
















3) Change the timeframe of the chart to the timeframe intended for the algo (see list above)




















4) Click on Indicators



















5) Go to Backtesting & Automatic trading and select your algo
















3) Optional: Change your position size by clicking Modify
















4) Optional: Change position size
























5) Click Prepare for automatic trading


(If you haven't changed position size. Default settings)





















(If you have changes position size)

























6) Check the prepared system and click Start


7) Set your position size again, check Readjust stops and click Activate trading system


7) Optional: Change the validity date of your trading systems. Set your position size again, check Readjust stops and click Activate trading system




















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