NexusFi: Find Your Edge


Home Menu

 





Ticker Symbol for Futures/Automated Trading


Discussion in TradeStation

Updated
    1. trending_up 2,265 views
    2. thumb_up 4 thanks given
    3. group 1 followers
    1. forum 4 posts
    2. attach_file 0 attachments




 
Search this Thread

Ticker Symbol for Futures/Automated Trading

  #1 (permalink)
 apmodeler 
Boise, Idaho
 
Experience: Intermediate
Platform: TOS
Trading: Stocks
Posts: 37 since Aug 2013
Thanks Given: 56
Thanks Received: 9

Hi All,
I'm trying to set up a strategy in Tradestation for automated trading. It seems like for futures the ticker with specific month has to be specified (for e.g crude oil @CLV21) to be able to open the chart, turn on the strategy and trade. In this case, how do we deal with rollover?

In Thinkorswim, the user does not need to specify the months. Is there a way to do the same in tradestation?
Any advice is really appreciated!
Thank you,
AP

Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
Futures True Range Report
The Elite Circle
Deepmoney LLM
Elite Quantitative GenAI/LLM
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
Exit Strategy
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
61 thanks
Funded Trader platforms
39 thanks
NexusFi site changelog and issues/problem reporting
26 thanks
The Program
18 thanks
GFIs1 1 DAX trade per day journal
18 thanks
  #2 (permalink)
 tr8er 
Europe
Market Wizard
 
Experience: Advanced
Platform: TradeNavigator, BookMap
Trading: ES, CL, 6E, 6B
Posts: 704 since Jan 2017
Thanks Given: 220
Thanks Received: 709


apmodeler View Post
Hi All,
I'm trying to set up a strategy in Tradestation for automated trading. It seems like for futures the ticker with specific month has to be specified (for e.g crude oil @CLV21) to be able to open the chart, turn on the strategy and trade. In this case, how do we deal with rollover?

In Thinkorswim, the user does not need to specify the months. Is there a way to do the same in tradestation?
Any advice is really appreciated!
Thank you,
AP

I've not used Tradestation since years (10+), but if I remember correct, the continous contracts should be : @ES, @CL,...

Reply With Quote
Thanked by:
  #3 (permalink)
 apmodeler 
Boise, Idaho
 
Experience: Intermediate
Platform: TOS
Trading: Stocks
Posts: 37 since Aug 2013
Thanks Given: 56
Thanks Received: 9


Thank you tr8er.
I don't think you can trade with just the ticker in tradestation. Looks like we have to specify the expiration of the contract along with the ticker.

Started this thread Reply With Quote
  #4 (permalink)
 
bobwest's Avatar
 bobwest 
Western Florida
Site Moderator
 
Experience: Advanced
Platform: Sierra Chart
Trading: ES, YM
Frequency: Several times daily
Duration: Minutes
Posts: 8,162 since Jan 2013
Thanks Given: 57,341
Thanks Received: 26,267


apmodeler View Post
Hi All,
I'm trying to set up a strategy in Tradestation for automated trading. It seems like for futures the ticker with specific month has to be specified (for e.g crude oil @CLV21) to be able to open the chart, turn on the strategy and trade. In this case, how do we deal with rollover?

In Thinkorswim, the user does not need to specify the months. Is there a way to do the same in tradestation?
Any advice is really appreciated!
Thank you,
AP


tr8er View Post
I've not used Tradestation since years (10+), but if I remember correct, the continous contracts should be : @ES, @CL,...


apmodeler View Post
Thank you tr8er.
I don't think you can trade with just the ticker in tradestation. Looks like we have to specify the expiration of the contract along with the ticker.

You can only trade a specific contract anywhere, because that is what is traded.. The continuous contracts are artificial constructions, useful for charting and testing, but not real.

In ThinkOrSwim, you can have "/ES" (if I remember it right) or whatever on your chart, and you can trade based on that chart, but what TOS does is enter your trades in the current front month of ES, so that's what you're trading. TOS rolls to the next contract automatically if you don't specify the actual contract you want to trade, and it will enter your orders to that month.

The point is that you can use either the continuous contract (with the "/ES" contract code) or the actual contract (which would something like /ESU21, or however they do it), on your charts or DOM. If you use "/" with no month code, TOS will just use the current front month by default.

I used TradeStation a long time ago to chart with but not for trading, trying the platform out, and I don't recall how they did it. But from a trading standpoint there basically is no other usable way to do it, if they display the continuous contract on a chart that allows you to enter orders.

You can probably get this answered quickly enough in the Help, or someone who is a TradeStation user may jump in. Or, you could just try putting in a sim order with the continuous contract and see what it does.

Bob.

---------------------

Edit: sorry it you already knew all this and if it didn't answer your question.

Why not just toss in a test order (sim would probably be best) and see if it rejects it or not. That would tell you, either way, I think.

When one door closes, another opens.
-- Cervantes, Don Quixote
Reply With Quote
Thanked by:
  #5 (permalink)
 apmodeler 
Boise, Idaho
 
Experience: Intermediate
Platform: TOS
Trading: Stocks
Posts: 37 since Aug 2013
Thanks Given: 56
Thanks Received: 9

Thank you bobwest!!
I’ll try out paper trading suggestion. Didn’t think of it!

Started this thread Reply With Quote




Last Updated on September 11, 2021


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts