Specifying an asset class is essential to ensure accurate identification of tickers, as symbols are not always unique across different asset types.
Allowing commas in quantity fields can improve user convenience but risks misinterpretation, especially with different international number formats.
Expanding the functionality of queued orders to respect custom trading windows would provide traders with increased control, reduced rejections, and greater flexibility in their strategies.
Filtering options by open interest and volume will allow TradersPost users to avoid low-liquidity options, improving trade execution and reducing slippage.
The new Session Alerts indicator tracks the start and end of trading sessions by counting bars on a lower timeframe, providing day traders with real-time alerts and more accurate session tracking. This innovative tool helps you stay on top of your trades without waiting for session bar closures.
A new script for TradingView allows users to send pre-close alerts and flatten positions before the session ends. With granular control and multi-time frame functionality, this tool simplifies intraday position management.
Automated options trading is steadily used on TradersPost, though it’s less popular than futures and equities. With planned enhancements like multi-leg options orders, the platform is set to improve its options trading capabilities.
Position sizes can appear large when trading micros on TradersPost’s paper broker due to the lack of live futures data. Connecting a broker with futures market data can help resolve this issue and provide more accurate position sizes.
TradersPost plans to introduce Forex trading in the near future, likely by late 2024 or early 2025, driven by strong user demand and the platform’s goal of supporting all major asset classes.
Matching the exchange on TradingView with your broker’s exchange depends on the asset. For equities, the price difference is minimal due to NBBO regulation, while for crypto and futures, ensuring the exchanges align is crucial due to significant variances.
Switching to a tick chart in TradingView will not prevent repainting, as the issue lies in the strategy or indicator’s logic, not the type of data used. However, tick charts can improve backtesting accuracy by providing more granular data.
Becoming a Pine Script developer on TradersPost requires the right visibility, especially on platforms like Fiverr and Upwork. Authentic community engagement and showcasing quality scripts are essential to standing out.
Users can be assigned to an affiliate after signup by contacting TradersPost support. However, it’s important to act quickly, as long delays may prevent the referral from being processed.
Large position sizes when trading NQ contracts in TradersPost paper accounts typically occur due to missing entry and exit prices. Sending accurate price data with each order helps ensure realistic position sizes and P&L calculations.
Traders often hesitate to share strategies due to fears of dilution, personal ownership, and the pressure of managing expectations. However, sharing solutions to specific problems can foster community collaboration without those concerns.
TradeStation is the top broker for algo trading, offering low error rates and fast execution times, followed by Tradier.
Avoiding consolidation in algo trading with moving averages involves using volatility indicators like ATR and the Choppiness Index, alongside thoughtful stop management and hedging strategies to navigate these challenging market conditions.
TradersPost automatically recognizes and manages open positions when you connect your broker, allowing your strategy to adjust accordingly without manual input.
You can configure a take profit as a limit order and a stop loss as a market order in TradersPost, either through strategy settings or dynamically via webhooks using JSON messages.
European tickers aren’t currently supported on TradersPost due to challenges with broker integrations, particularly with Interactive Brokers. However, the platform plans to expand to global markets in the future.
Tradier may not appear as a paper broker in TradersPost if integrated via OAuth. To use Tradier’s paper broker, connect through the API, though expect a 15-minute data delay for paper accounts.
Improve order execution speed by using bracket orders, selecting a fast broker, and placing limit orders in advance to ensure quick execution once price levels are reached.
You can replicate trades across multiple Tradovate accounts on TradersPost by subscribing both accounts to the same strategy. This works for both live and paper trading accounts.
TradersPost has added support for E-Trade, Robinhood IRA, and tastytrade (stocks, futures, crypto). Options trading on tastytrade and Webull integration are expected in the future.
A strategy that guarantees $5 daily profit is unrealistic due to market volatility. Low-risk investments like bonds or staking crypto may offer more stable returns, but guarantees are not feasible in trading.
High profitability and low drawdown in backtesting don’t guarantee future success. To ensure a strategy holds up, use walk-forward testing and incorporate solid risk management.
You can trade using Discord’s automated signals by setting up a bot that sends the data through Zapier or Make, which formats it for execution on TradersPost.
A new feature is in development that will allow TradersPost users to automatically exit all positions at the end of a trading window, with an option to include post-market exits.
When selecting 100% equity, TradersPost bases the trade on the total account value, including the market value of positions and available cash, so a $5,000 signal would be sent.