Cross Trading

[Tintin]

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]

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 ???

 

[Tintin]

Hello Spin,
Thank you very much foe your reply.
??

 

[rvdesh]

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 ???

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]

@rvdesh : The Community Edition does not offer this. Only Standard and up.
Look at this popup from the Standard Edition:






Is that perhaps the cause ?

 

[rvdesh]

@rvdesh : The Community Edition does not offer this. Only Standard and up.
Look at this popup from the Standard Edition:

View attachment 660

View attachment 661


Is that perhaps the cause ?

Mine is ultimate edition. This may not be the cause.

 

[Spin]

In that case I would advise you to contact support@motivewave.com

Something fishy going on there !

 

[tradrdude]

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.

 

[Denvermotive]

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.

Do they have video or pdf guide how to do it?

 

[manuwall]

Is it also possible to cross trade Options?