BUYING BY COMPARING TWO SECURITIES

• 10/17/2016 at 11:02 AM #15012
  samlee

  Hi,

  I was trying to do a statistical arbitrage on ProRealTime but not sure how.

  For example, Apple and Microsoft shares might go up and down in a similar pattern.

  If Apple shares go up first and Micorsoft shares has not gone up, we can sell Apple shares and buy Microsoft shares. And after some time, Microsoft shares would have gone up and we can then sell Microsoft shares and buy Apple shares.

  I could see the price of Apple shares and Microsoft shares both on the same chart. But I don’t know how to code in the Trading System such that we can compare Apple prices and Mircrosoft prices.

  Could someone point me in the right direction?

  Thanks.

  Sam

  

  samlee

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  10/17/2016 at 11:08 AM #15016
  Nicolas

  Multi-instrument support is still not available but will be in a future release. So no “statistical arbitrage strategies” are possible I’m afraid 🙁  sorry.

  

  Nicolas

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  10/17/2016 at 11:27 AM #15020
  samlee

  How about a simple comparison between the price of one security to another security? Also not supported at the moment?

  

  samlee

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  10/17/2016 at 12:06 PM #15022
  Nicolas

  You can do it with different tools:

  • spread analysis (CTRL+R)
  • compare actual chart to other security (right click on chart)
  • Compared security (indicator you can find in the list)
  • Correlation coefficient (indicator you can find in the list)

  But no comparison is possible with code actually.

  

  Nicolas

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  10/17/2016 at 12:10 PM #15025
  samlee

  Thanks for your reply. Any idea when it will be available in the future release? Like this year, or 2017, or year X?

  

  samlee

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  10/17/2016 at 2:01 PM #15028
  Nicolas

  Year 2017 hopefully.

  

  Nicolas

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  06/26/2017 at 1:37 PM #39067
  steviaggi

  Hello @Nicolas,

  any news about this?

  Stefano

  

  steviaggi

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  04/15/2024 at 1:56 PM #231528
  carloernestorossi

  follow up

  

  carloernestorossi

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  04/15/2024 at 2:29 PM #231529
  robertogozzi

  Unforunately Multi-instrument support is still not available as of v12.

   

  

  robertogozzi

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  04/15/2024 at 2:45 PM #231533
  carloernestorossi

  It’s a pity, it would be a very useful feature that other applications provide.

  

  carloernestorossi

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  04/15/2024 at 2:55 PM #231534
  carloernestorossi

  No hope for the future?

   

  

  carloernestorossi

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  04/15/2024 at 3:48 PM #231544
  robertogozzi

  We all hope a future release will add this feature, but nobody knows IF and WHEN that will happen.

   

  

  robertogozzi

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  04/15/2024 at 6:31 PM #231553
  carloernestorossi

  we can suggest a crowfounding to implement this function.

   

  

  carloernestorossi

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