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Re: Automatic trading in Trade Station



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Hi Adrian,

Adrian Michel wrote:

Hi everybody,

I am not a TS user myself, and I have a few questions for those who know the
software.

1. Does TS (the software not broker) provide an API for automated trading. I
mean, is it possible to use signals triggered by TS to drive other
automation platforms.


TS8, the one you lease month to month from TS, does provide a way to place order, exclusively to TS brokerage. However, there are many 3rd party software available to place TS generated orders to 3rd party brokers. Some of the well known ones:
- dynaorder.com
- hypertrader.com / .it
- tradebolt.com
etc.

2. I imagine there is an option to send email alerts when trading signals
are triggered - is there a document describing the exact format of these
emails.

Nope. Just send some of those email to your self. It's pretty simple actually.

3. Does it make sense (fee-wise or other) to use the TS software to trade
either manually or automatically with a different broker - are there people
using Ameritrade for example?

Yes. TS's commission is pretty competitive actually. But people use other brokerages - I use IB. I am not sure about anyone using Ameritrade to autotrade - they have an API?

Abhijit