BrightTrio Arbitrage Settings

Label - the software generates a unique label for each strategy.

Fast quotes session - you can select the fast feed session provided by our company: BJF Feed (London) or BJF Feed (NY), or add any of your fast connections in sessions and select it.

Slow session 1 - your slow session (broker) for arbitrage trading.

Slow session 2 - your slow session (broker) for arbitrage trading.

Slow session 3 - your slow session (broker) for arbitrage trading.

Mapping group

Suffix – if your broker provides symbols in format EURUSDxxx, you need to specify xxx as Postfix.

Mapping – in this field you need to specify specific symbols (CFDs, commodities) mappings. Each new mapping should be in separate line. The format is SymbolNameOnFast= SymbolNameOnMT5. For example. GDAXI=GER30.

Error Control - maximal number of allowed consecutive losses.

Allow arbitrage - check if you allow the software searching for the arbitrage situations on this side.

Allow open - check if you allow the software opening orders on this side.

Close with S/L - the software will place stop loss when arbitrage situation appears on distance from the current price equal value specified in slippage in the instrument and orders tab.

Max delay - maximally allowed delay for order opening in ms.

T/P delay - set time in ms to make a pause before TP applying.

Open/close parameters section

If you use the FIX API connection for trading, you can open FOK or IOC limit orders instead of market orders.

Open with limit - please, tick if you want to use limit orders instead of the market and select FOK limit or IOC limit.

Close with limit - please, tick if you want to use limit orders instead of the market and select FOK limit or IOC limit.

Trading options group

Time to start trade - a time when the software will start searching for the arbitrage situations.

Time to stop trade - the time when the software will stop searching for the arbitrage situations.

Minimal order lifetime - this option is not available for the latency arbitrage.

Hard S/L factor - if you want to place real hard stop loss together with hidden stop los, you need to set Hard S/L factor value and the software will calculate hard stop loss like hidden stop los value x Hard S/L factor.

Offset recalculation group

Period – time distance between recalculations.

Interval – time interval, which is used to collect the ticks used for recalculations (from fast and slow broker)

Min ticks – minimum number of ticks on any (fast or slow) broker to perform recalculation.

Show results in log - please, tick if you want to check offset recalculation results.

Lock Management group

Automatically close all locks - you can select day(s) of week and Close time correspondent to your VPS time when the software will close all opened locks automatically.

Pauses

Between closing locks - pause in sec between closing 1st lock and 2d corresponding lock for the corresponding instrument.

Between opening locks - pause in sec between opening 1st lock and 2d corresponding lock for the corresponding instrument.

Between arbitrage orders - pause in sec between arbitrage orders.

Reopen lock after - the software will reopen lock automatically after this time in seconds.

Equity management group

Enable – controls if the equity management enabled or not.

Max total equity – the part of equity you can afford to lose. Can be expressed either in currency or in percents.

Equity total minimum – if equity on account reaches specified value, the trading on the connection will be disabled.

Check news filter - please, check if you want to take into account economic news releases.

Trade on the news - please, check if you want to trade only on specific news releases.

Do not trade on the news - please, check if you do not want to trade on specific news releases.