The calculation of the “Balance in pips” value, which is displayed in the status bar, has been fixed for iPA-Manager accounts. The actual calculation algorithm is described below:
Version 1.3.0 includes the following improvements in the current sections of iPro Marketplace trading and analytical platform:
GENERAL IMPROVEMENTS AND CHANGESThe “iPA trade quality” indicator that is displayed in the “Trading Statement” section and provides information on the key indices of the trading style in the iPA-Manager account has been introduced. Based on these indices, a user
can predict whether he moves in the right direction or he should review his approach to trading.
The indicator consists of three indices:
The current release version includes four new sections: “Strategy Development”, “ATS Management”, “Strategy Tester” and “Test Reports”. The “Strategy Tester” and “Test Reports” are additional sections to “Strategy Development” and will be displayed only if the “Strategy Development” section is activated in the settings of iPro Marketplace.
This news provides concise information on how new sections and components of iPro Marketplace trading and analytical platform function and operate.
“STRATEGY DEVELOPMENT” SECTIONTools on the panel of the “Strategy Development” section are designed to work with the code of strategy/indicator and to send the created strategy/indicator to the “Strategy Tester” section:
This section is designed on the basis of special mathematical algorithms and allows you to assess the functioning of ATS and indicators.
The main functions of the section:
Additional features when working in the section:
The “Strategy Tester” section consists of the toolbar and seven components you need to test and optimize strategies and indicators after they have been created in the “Strategy Development” section. The letter “T” indicates all components of this section so that you can easily distinguish them from the similar components of other sections in iPro Marketplace trading and analytical platform.
“Browser” component:The component contains lists of custom and standard strategies/indicators. Basic are supplied with iPro Marketplace and can be used for further trading on the market. The custom lists contain strategies and indicators, which have been created in the “Strategy Development” section. You can select a strategy or an indicator from the list and add it to the “Chart” component for testing. There are three ways to do it:
Strategies and indicators have certain parameters, which were laid down in them while developing. You can change their values in this component as well as save their combinations creating new sets. To do this, click the “Create a set of parameters” button, enter its name and description. A new set will appear in the block “Sets of Parameters”. To delete a set, select it in the list and click the button “Delete”. The “Apply a set of parameters” button will allow you to test your strategy or indicator with the selected set of values.
“Chart” component:The main work area contains tabs with charts and strategies added for testing. The progress bar displays the progress of testing at the bottom of the chart. To the left of the progress bar, the start date of the test period selected in the “Strategy Tester” section of the toolbar is displayed, to the right – the end date of the test period.
You can delete a strategy or an indicator from the “Chart” component by clicking the “Close” button in the tab title. You can delete it through the “Browser” component as well. To do this, for example, you should select from the list a trading strategy, which is located on the highlighted tab, and double-click it or click on the button next to its name. Wherein, the tab that hosted the strategy remains active, and you can move the other trading strategy to it for testing.
“Balance Chart” component:In the “Balance chart”, you can see the change in the trading account during testing, and when you click the “Volumes” button, you can see relative volumes of executed trades.
“Trade” component:
The “Trade” component displays all open positions and pending orders at the time of testing as well as information on the size of funds in the account, the margin level and the total amount of current profit. During testing, you can manually modify an open position by double-clicking it in the table, or open a new one, clicking the “Order” button on the toolbar. Thus, the testing will be suspended. Please note that you choose the currency pair and the type of position to open before the test starts.
Toolbar:The toolbar allows you to customize the chart display, test parameters and carry out graphic and technical analysis of the test data.
Working with setting elements of chart display and carrying out graphical and technical analysis of the test data is similar to the “Market Analysis” section.
You can customize the test parameters using the following elements:
Having tested a trading strategy or an indicator, you should move it to the other section to apply it in the real time mode. To do this, you should use a special button on the toolbar. The strategies will be sent to the “ATS Management” section and indicators — to the “Market Analysis” section. Please note that you can send only custom indicators, as the standard indicators are initially available in this section. It is worth noting that the strategies are sent with all sets of parameters that have been created in the course of testing.
Completing work in iPro Marketplace, please make sure that you have saved a set of parameters created while testing the trading strategy or an indicator. Also, when closing the trading and analytical platform the data will be deleted in the “Chart”, “Balance Chart”, “Trade”, “Order History” and “Log” components.
“TRADING STATEMENT” SECTIONThis section is designed to view trading statements received during ATS testing in the “Strategy Tester” section.
The main functions of the section:
The “Trading Statement” section allows you to save a test report in the formats: HTML, PDF.
To view a test report, you should select the appropriate name of the tested ATS on the toolbar of this section.
“ATS MANAGEMENT” SECTIONThis section is designed to launch ATS for automated trading.
The main functions of the section:
Additional features when working with the section:
The “ATS Management” allows you to create orders manually as well.
The “ATS Management” section consists of the “Browser”, “ATS Parameters”, “Chart”, “Market Overview”, “Indicators” and the toolbar where the functions to manage trading strategies have been implemented in the real-time mode. “Trade”, “Order History” and “Log” components are available in this section.
“Browser” component:The “Browser” component contains lists of standard and custom strategies, which have been created and optimized using the tools of the trading and analytical platform.
Using the appropriate button in the “Browser” component, you can suspend the operation of all strategies. Thus, new trades will not be opened by strategies, and those that have been opened will go under manual control. Re-clicking this button will resume operation of the strategies and orders that have been set by the strategies before pausing and are in the market will be again controlled by those trading strategies that have created them. Please note, this button only suspends strategies and does not allow you to rewrite them from the “Strategy Tester” section.
Having selected the strategy in the “Browser” component and having clicked the “Copy a strategy” button, you will create a copy, which can be used with another set of parameters into operation. You can create a copy of the strategy by adding already applied strategy to the quote chart of the other currency pair as well.
The “Delete” button in the “Browser” component is active for the strategies that have not been added to any of the chart tabs. Please note that when deleting the original, all copies will also be deleted, no matter whether they are in operation or not.
“ATS Parameters” component:Trading strategies are sent to the “ATS Management” section with all sets of parameters created during the testing procedure. The “ATS Parameters” component allows you to apply any parameter by clicking the appropriate button or
by clicking twice on the set line. Also you can set new values using which the strategy will be launched into operation.
Please note that to save a new set of values or delete the previous one, you should modify the settings
in the “Strategy Tester” section and resend the strategy to the “ATS Management” section. You can re-write a trading strategy only if it has not been put into operation.
Before launching a trading strategy into operation, you should add it to the “Chart” component. You can do it in three ways from the “Browser” component:
You can change a currency pair for which the quotes chart is plotted selecting it on the toolbar, dragging onto the tab of the active chart from the “Market Overview” component or using the “Replace chart” button.
“Indicators” component:The “Indicators” component is available in this section, which allows you to use all advantages of technical analysis with automated trading. In a special block of the component, you can see indicators, which have been attached to the strategy during its development. To stop these indicators, you should make the appropriate changes to the strategy code in the “Strategy Development” section and replace the trading strategy in the “ATS Management” section by pre-testing it. Also, the indicators attached to the strategy of the “Indicators” component are displayed in this block. You can stop these indicators by:
Work with elements of chart display settings and conducting graphical and technical analysis is similar to the “Market Analysis” section.
“Start” button:
To launch a trading strategy into operation, you should click the “Start” button on the toolbar. You can view opening and closing positions by the strategy in the “Trade” and “Order History” components — the “Comment” field will display the name of the strategy, which has made a specific transaction. The “Log” component will allow you to view the history of all events happening in the trading account.
“Stop” button:
In order to re-write the running strategy or switch Time Frame where it works, you should stop it completely using the “Stop” button on the toolbar. In this case, all transactions opened by this strategy will remain in the market and their modification or closure should be carried out manually.
It is important to know that when the trading and analytical platform closes or the trading account is changed, strategies stop working completely. Thereafter, you should resume their work manually. Strategies stop working as well if there is no Internet connection, but in this case, they resume their work automatically.
THE ANNOUNCEMENT OF THE NEXT iPRO MARKETPLACE UPDATEThe next update will provide new features:
The specialists of our Company have made every effort to update iPro Marketplace version 1.3.0. for it to be convenient and effective in use and meet the basic principles of usability. Working in this version our Customers will be able to enjoy all the benefits of the automated trading. We are open to your comments and suggestions – it allows us to make our platform even more useful and productive.