BUYING BY COMPARING TWO SECURITIES

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Viewing 13 posts - 1 through 13 (of 13 total)
  • 10/17/2016 at 11:02 AM #15012
    samlee

    Hi,

    I was trying to do a statistical arbitrage on ProRealTime but not sure how.

    For example, Apple and Microsoft shares might go up and down in a similar pattern.

    If Apple shares go up first and Micorsoft shares has not gone up, we can sell Apple shares and buy Microsoft shares. And after some time, Microsoft shares would have gone up and we can then sell Microsoft shares and buy Apple shares.

    I could see the price of Apple shares and Microsoft shares both on the same chart. But I don’t know how to code in the Trading System such that we can compare Apple prices and Mircrosoft prices.

    Could someone point me in the right direction?

    Thanks.

    Sam

    10/17/2016 at 11:08 AM #15016
    Nicolas

    Multi-instrument support is still not available but will be in a future release. So no “statistical arbitrage strategies” are possible I’m afraid 🙁  sorry.

    10/17/2016 at 11:27 AM #15020
    samlee

    How about a simple comparison between the price of one security to another security? Also not supported at the moment?

    10/17/2016 at 12:06 PM #15022
    Nicolas

    You can do it with different tools:

    • spread analysis (CTRL+R)
    • compare actual chart to other security (right click on chart)
    • Compared security (indicator you can find in the list)
    • Correlation coefficient (indicator you can find in the list)

    But no comparison is possible with code actually.

    10/17/2016 at 12:10 PM #15025
    samlee

    Thanks for your reply. Any idea when it will be available in the future release? Like this year, or 2017, or year X?

    10/17/2016 at 2:01 PM #15028
    Nicolas

    Year 2017 hopefully.

    06/26/2017 at 1:37 PM #39067
    steviaggi

    Hello @Nicolas,

    any news about this?

    Stefano

    04/15/2024 at 1:56 PM #231528
    carloernestorossi

    follow up

    04/15/2024 at 2:29 PM #231529
    robertogozzi

    Unforunately Multi-instrument support is still not available as of v12.

     

    04/15/2024 at 2:45 PM #231533
    carloernestorossi

    It’s a pity, it would be a very useful feature that other applications provide.

    04/15/2024 at 2:55 PM #231534
    carloernestorossi

    No hope for the future?

     

    04/15/2024 at 3:48 PM #231544
    robertogozzi

    We all hope a future release will add this feature, but nobody knows IF and WHEN that will happen.

     

    04/15/2024 at 6:31 PM #231553
    carloernestorossi

    we can suggest a crowfounding to implement this function.

     

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