Cross Trading

T

Tintin

Member
Joined
Mar 7, 2021
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Hello everyone,
Does anyone know if it's possible to trade one instrument chart and that it will trigger the trade on a different instrument?
for example I'm trading the Micros ES but I'd like to put the orders on the Minis charts.

Thanks
 
Spin

Spin

Well-known member
Joined
May 22, 2019
Posts
480
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Hello @Tintin and welcome to the MW Forums :)

Do you know about 'Instrument overlay' already ?
https://support.motivewave.com/videos/instrument-overlay/

You could combine that with 'Price axis trading' and effectively trade 2 instruments from the same chart:
https://support.motivewave.com/videos/chart-trading-price-axis/

If you want this fully automated, you would need to program it, using MW's SDK. I'm thinking of a Strategy that, once activated, channels BUY & SELL orders to a different instrument, chosen by the trader.

Full disclosure: I code custom Studies & Strategies for a fee.
See my signature below 👇👇👇
 
R

rvdesh

Member
Joined
May 24, 2019
Posts
10
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1
Spin said:
Hello @Tintin and welcome to the MW Forums :)

Do you know about 'Instrument overlay' already ?
https://support.motivewave.com/videos/instrument-overlay/

You could combine that with 'Price axis trading' and effectively trade 2 instruments from the same chart:
https://support.motivewave.com/videos/chart-trading-price-axis/

If you want this fully automated, you would need to program it, using MW's SDK. I'm thinking of a Strategy that, once activated, channels BUY & SELL orders to a different instrument, chosen by the trader.

Full disclosure: I code custom Studies & Strategies for a fee.
See my signature below 👇👇👇
Click to expand...
I am not finding "Study -> Instrument -> Instrument Overlay" in menu. Mine is version 6.4.2.....is there any otherway to get access to this feature ?
 
Spin

Spin

Well-known member
Joined
May 22, 2019
Posts
480
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192
@rvdesh : The Community Edition does not offer this. Only Standard and up.
Look at this popup from the Standard Edition:

660

661


Is that perhaps the cause ? :)
 
tradrdude

tradrdude

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Jan 10, 2021
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Not sure if you noticed, but now Cross-Trading is now supported natively and with just 1 mouse click (ok, maybe 2), right from within the chart. When trading futures; it only seems to support cross-trading the micro version of the mini contract and not vice-versa.
 
D

Denvermotive

Member
Joined
May 19, 2021
Posts
9
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3
tradrdude said:
Not sure if you noticed, but now Cross-Trading is now supported natively and with just 1 mouse click (ok, maybe 2), right from within the chart. When trading futures; it only seems to support cross-trading the micro version of the mini contract and not vice-versa.
Click to expand...
Do they have video or pdf guide how to do it?
 
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