Trading Articles Article Categories Article Tools
Trading secondary symbols?
Updated June 3, 2021
trending_up
2,756 views
thumb_up
0 thanks given
group
2 followers
forum
4 posts
attach_file
0 attachments
Welcome to futures io: the largest futures trading community on the planet, with well over 150,000 members
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to
register in order to view the content of the threads and start contributing to our community.
It's free and simple.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Trading secondary symbols?
(login for full post details)
#1 (permalink
Louisville, KY
Posts: 2 since May 2021
Thanks: 0 given,
0
received
Hello, is it possible to trade a secondary symbol rather than the primary chart symbol? For example, I have an EasyLanguage strategy that currently generates long/short signals for QQQ. Rather than trading QQQ, I'd like to long TQQQ on a "long QQQ" signal, and long SQQQ on a "short QQQ" signal. Thanks in advance!
Can you help answer these questions
Best Threads (Most Thanked)
(login for full post details)
#2 (permalink
Posts: 3,465 since Jul 2012
Thanks: 1,827 given,
6,985
received
ChrisOCC
Hello, is it possible to trade a secondary symbol rather than the primary chart symbol? For example, I have an
EasyLanguage strategy that currently generates long/short signals for QQQ. Rather than trading QQQ, I'd like to long TQQQ on a "long QQQ" signal, and long SQQQ on a "short QQQ" signal. Thanks in advance!
(login for full post details)
#3 (permalink
Louisville, KY
Posts: 2 since May 2021
Thanks: 0 given,
0
received
kevinkdog
You'd probably have to set up 2 charts, one with data1=TQQQ and data2=QQQ on first chart and data1=SQQQ and data2=QQQ on 2nd chart. Then, all calculations for signal would use data2, and the buy/see would be for data1 symbol.
(login for full post details)
#4 (permalink
Montreal
Experience: Intermediate
Platform: MultiCharts
Broker: DeepDiscountTrading.com
Trading: CL
Posts: 363 since Jul 2011
Thanks: 462 given,
550
received
ChrisOCC
Hello, is it possible to trade a secondary symbol rather than the primary chart symbol? For example, I have an
EasyLanguage strategy that currently generates long/short signals for QQQ. Rather than trading QQQ, I'd like to long TQQQ on a "long QQQ" signal, and long SQQQ on a "short QQQ" signal. Thanks in advance!
(login for full post details)
#5 (permalink
Posts: 3,465 since Jul 2012
Thanks: 1,827 given,
6,985
received
olobay
You could also use the Symbol Mapping feature. Map the TQQQ to the QQQ and when you place an order on the QQQ chart, it will send an order using the TQQQ symbol. If the tick sizes are the same, it should work.
MultiCharts can do this, but I do not think Tradestation can (that I know of)
Last Updated on June 3, 2021
Ongoing
