This week I found that several of my daily strategies that run in the Strategy Monitor were generation completely different (and bogus) signals that were not generated when the strategies were run standalone. I tracked the issue to my use of the newly released Use Live Positions option in Trading Preferences.
Disabling the ULP option made all strategies run in SM work correctly again.
Disabling the ULP option made all strategies run in SM work correctly again.
Rename
Funny, it's working perfectly for me. I "bought" positions in AAPL and AMZN of 123 shares in my Dummy Broker account, and sure enough I'm getting the correct signals.
Did you read the help on this feature? We expect the signals to be different since they're being pulled from the LIVE POSITIONS reported by your broker.
Did you read the help on this feature? We expect the signals to be different since they're being pulled from the LIVE POSITIONS reported by your broker.
None of these failing strategies use a live broker. They all use the dummy broker. Not auto traded. I don't understand why the live broker positions matter in this case.
The dummy broker is a "live broker". If the selected dummy account has positions, it will affect the signals when "Use Live Positions" is enabled.
The Dummy Broker has never held positions because all signals are traded manually for the strategies under discussion. Never staged or placed. I am running the strategies solely to generate signals. The signals are different (and incorrect) if Live Positions is selected.
In case you're wondering why I would bother enabling Live Positions in this case, it is because two additional strategies do auto-trade to a live broker, and I thought selecting this option would be warranted.
In case you're wondering why I would bother enabling Live Positions in this case, it is because two additional strategies do auto-trade to a live broker, and I thought selecting this option would be warranted.
I've had a chance to get back to this and I understand what's happening. Because I have a mix of automated and semi-automated strategies, it's not possible (or expected) that the WL Dummy Broker (DB) would know about my manual trading. When the Live Positions (LP) option is selected, SM will give Buy signal for all previously signaled trades that should be open but are not in the DB account.
LP is working as intended.
I am working toward automating all my strategies, but I still have accounts with Fidelity, where I have to take signals from WL and trade manually. I thought the LP option would have been good for my auto-trading accounts, and it is, but since it cannot be enabled by strategy, I may have to delay using it until I can automate all my strategies.
LP is working as intended.
I am working toward automating all my strategies, but I still have accounts with Fidelity, where I have to take signals from WL and trade manually. I thought the LP option would have been good for my auto-trading accounts, and it is, but since it cannot be enabled by strategy, I may have to delay using it until I can automate all my strategies.
RIght. I should have said, "When the Live Positions preference is enabled, the selected account will affect the signals (with or without Positions) in the Strategy Monitor or Streaming Chart with an attached Strategy. If there are no Positions in the selected account, then those strategies will be running the entry logic for signaling only."
Learning experience for me about Dummy Broker.
That looks like a good cut / paste for docs ;)
That looks like a good cut / paste for docs ;)
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