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=SymbolNameOnBroker. 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.