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NT8 Ghost trades when copy trading multiple accounts with Rithmic and Tradovate.


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  #1 (permalink)
 zoticus 
London, UK
 
Experience: Advanced
Platform: NT8
Broker: APEX - Interactive Brokers (Equities only)
Trading: CL GC ES 6E
Frequency: Daily
Duration: Minutes
Posts: 31 since Jul 2012
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Is there a tool that can kill a trade in NT8 without sending the trade to the exchange to be closed?
When copy trading in NT8, Ghost trades appear even though the trades are closed on Rithmic. If you then close the Ghost trade, it sends an "opposite" order to the exchange which then open a new unwanted trade.
One way is to disconnect Rithmic, but I am now having to do this many times a day.
NT8 are aware of this but is absolutely unwilling to fix it.


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  #2 (permalink)
 Miesto 
Monte Carlo, Monaco
Legendary Market Wizard
 
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zoticus View Post
Is there a tool that can kill a trade in NT8 without sending the trade to the exchange to be closed?
When copy trading in NT8, Ghost trades appear even though the trades are closed on Rithmic. If you then close the Ghost trade, it sends an "opposite" order to the exchange which then open a new unwanted trade.
One way is to disconnect Rithmic, but I am now having to do this many times a day.
NT8 are aware of this but is absolutely unwilling to fix it.

If you're using the FlowBots Replikanto trade copier you might take a look at the Follower Guard function to see if that may be helpful.


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  #3 (permalink)
 zoticus 
London, UK
 
Experience: Advanced
Platform: NT8
Broker: APEX - Interactive Brokers (Equities only)
Trading: CL GC ES 6E
Frequency: Daily
Duration: Minutes
Posts: 31 since Jul 2012
Thanks Given: 4
Thanks Received: 8



Miesto View Post
If you're using the FlowBots Replikanto trade copier you might take a look at the Follower Guard function to see if that may be helpful.

Hi - Thank you - I do use the Follower Guard but that doesn't work because NT8 is not reporting back that there is a difference between what Rithmic is reporting and what NT8 is reporting as Open/Clsoed trades.


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  #4 (permalink)
Emma1
london,uk
 
Posts: 14 since Jun 2017
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zoticus View Post
Is there a tool that can kill a trade in NT8 without sending the trade to the exchange to be closed?
When copy trading in NT8, Ghost trades appear even though the trades are closed on Rithmic. If you then close the Ghost trade, it sends an "opposite" order to the exchange which then open a new unwanted trade.
One way is to disconnect Rithmic, but I am now having to do this many times a day.
NT8 are aware of this but is absolutely unwilling to fix it.

Have tried setting the copy trade facility within Rithmic?


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  #5 (permalink)
lightsun47
Toronto, Canada
 
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Emma1 View Post
Have tried setting the copy trade facility within Rithmic?

How to do that? Thanks.


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  #6 (permalink)
 tr8d3r 
Sydney+Australia
 
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lightsun47 View Post
How to do that? Thanks.

Plus One, didn't know that it can be done.


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  #7 (permalink)
 Miesto 
Monte Carlo, Monaco
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Experience: Advanced
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Depending on how exactly you use Replikanto in practice, the ATM Copy feature may be a good solution.

From the description: "The quantity of the contract combined with all the exit orders will have the quantity of the open position guaranteed by the ATM strategy, and you will no longer be left with an uncovered position, which can happen if you don’t use this feature."

I post this just in case someone missed this feature.


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