Possibilities of PRT

• 01/02/2023 at 11:50 PM #206704
  ks68593

  Hey guys,

  Hey guys, quite new to PRT. Before I commit to learning and trading with PRT, I hope someone can answer a few question regarding the possibilities of platform.

  I will be trying to use IG to Spread bet and trade CFDs. I will most like be using simple strategies (At first) which involves entering positions based on daily/week bars.

  Just want to apologies in advance if there are similar posts.

  1. I want to be able to analyse the data of the instruments I will be trading. Is it possible to download the instrument data from IG onto excel/csv format as I really want to analyse the instruments we trade via IG? Or if anyone can provide alternatives on how they would do it.
  2. I understand that PRT doesn’t really allow us to evaluate various strategies as a portfolio and we have to allocate funds to each strategy as if they were separate accounts. Is it possible to download the data for the  return performances of each strategies so we could use it to conduct our own analysis. For example correlation between the strategies, Sharpe Ratio etc?
  3. Through PRT what is the minimum contract size we can trade? Is PRT able to handle spread bet orders well? Or are there any differences trading via spread bet and CFDs? especially with the risk/money management aspects.
  4. I understand that these instruments trade 24/7 but is it possible to only make sure that we enter trades during trading hours ( Reduce Spreads and transaction costs), for example for a daily bar trend following strategy?
  5. And lastly, what are main important things I must know/consider before automating a live strategy? For example, risk management or codes I must use so things don’t go haywire/out of control?

  Thank you, guys.

  

  ks68593

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  01/03/2023 at 10:28 AM #206714
  robertogozzi

  1. Data cannot be dowloaded; you may try to plot it on your chart with a custom indicator, then use an OCR software to make it a plain text (read https://www.prorealcode.com/topic/how-to-extract-every-candles-data/)
  2. Yes, you can drag data you are interested in from your report, then drop it into an eXcel sheet
  3. The minimum contract/lot size is set by the broket for each instrument; you wil have to check with them on their website (or by phone); I have no clues about spreadbetting, sorry
  4. Yes, you can set your own trading hours; since strategies are only executed at the closing of each bar, for daily bars you will have to resort to MTF (Multiple Time Frame) support to be able to enter/exit while the daily bar is still forming
  5. Both of them are important.

  You can serch this forum for words such as MTF, MONEY MANAGEMENT, LOT SIZE, RISK, etc… and you will be returned many links to articles, blogs and tons of examples.

  For what you still need to know,just open a new topic for each different question in the proper support forum and you will get further help.

  Have fun autotrading 🙂

   

  

  robertogozzi

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