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Re: Broker plugin
[Re: Jeff1228]
#473942
08/30/18 13:42
08/30/18 13:42
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Joined: Feb 2017
Posts: 1,725 Chicago
AndrewAMD
Serious User
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Serious User
Joined: Feb 2017
Posts: 1,725
Chicago
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I developed the Ally Invest plugin and implemented options combo orders. The source code is here: https://github.com/AndrewAMD/AllyInvestZorroPluginI added the feature because I wanted the feature. Whereas, there are various closed-source plugins by oP group. Simply ask nicely for the new features you want, and they may or may not decide to implement it. There's nothing to stop you from, say, developing your own version of any plugin. But it may or may not be worth your time.
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Re: Broker plugin
[Re: AndrewAMD]
#473944
08/31/18 01:59
08/31/18 01:59
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Joined: Jan 2017
Posts: 64
Jeff1228
OP
Junior Member
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OP
Junior Member
Joined: Jan 2017
Posts: 64
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Thank you Andrew for your kind reply. As a trading platform, it's essential to provide all the functions traders can get directly through broker's platform, it would be nicer if Zorro puts all the functions they have not implemented on their comparison page so people can truly understand what the pros and cons are if they use Zorro. Not every one is programmer and people are smart enough not to use entry level scripts(I'm not talking about your plugin here, pls don't misunderstand) to do serious live trading. The most annoying part is, you have been on the road, all of sudden, you realize there might be lots of, you don't even know how many, hurdlers still ahead, you have no idea if you can afford to have a working strategy. It's a huge waste of time, money and energy. Maybe the only option left is to drop. SAD I developed the Ally Invest plugin and implemented options combo orders. The source code is here: https://github.com/AndrewAMD/AllyInvestZorroPluginI added the feature because I wanted the feature. Whereas, there are various closed-source plugins by oP group. Simply ask nicely for the new features you want, and they may or may not decide to implement it. There's nothing to stop you from, say, developing your own version of any plugin. But it may or may not be worth your time.
Last edited by Jeff1228; 08/31/18 02:12.
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Re: Broker plugin
[Re: Jeff1228]
#473946
08/31/18 13:08
08/31/18 13:08
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Joined: Feb 2017
Posts: 1,725 Chicago
AndrewAMD
Serious User
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Serious User
Joined: Feb 2017
Posts: 1,725
Chicago
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All platforms have their own trade-offs. I think Zorro has a pretty good value-to-cost ratio. A combo order is nothing more than a series of orders placed simultaneously. There may or may not be cost savings with a combo, and this depends on which broker you are using. You can make a virtually identical system with or without combos. You would need lots of volume for the difference to be non-negligible. Why would this of all things be a deal-breaker? Like I said, if you want a feature for your plugin of choice, ask for it. Not every one is programmer If you have written at least one Zorro script, you are officially a programmer. Congratulations!
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Re: Broker plugin
[Re: AndrewAMD]
#473948
09/01/18 02:46
09/01/18 02:46
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Joined: Jan 2017
Posts: 64
Jeff1228
OP
Junior Member
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OP
Junior Member
Joined: Jan 2017
Posts: 64
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With my broker IB, when I trade option spreads, if entered, all legs entered, if not, none. If place orders for each leg respectively, you might end up naked call or put because some legs might not get filled, which is risky, you definitely won't do that. It's not identical with combo order. That's the deal breaker. Are there any diffs with ALLY on this front? I guess that's why you developed the combo feature in your plugin, right? Regarding the programmer thing, the point is, it just likes you buy a car, you expect the car comes with a brake, when the auto maker tells you that it doesn't, you have to roll your sleeve up to install one by yourself, what would you do? Either you're a mechanic, you buy it for a good deal, or you simply walk away to buy another car.You get choices BEFORE you decide. Thank you A combo order is nothing more than a series of orders placed simultaneously. There may or may not be cost savings with a combo, and this depends on which broker you are using. You can make a virtually identical system with or without combos.
You would need lots of volume for the difference to be non-negligible. Why would this of all things be a deal-breaker?
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Re: Broker plugin
[Re: MatPed]
#473960
09/03/18 03:03
09/03/18 03:03
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Joined: Jan 2017
Posts: 64
Jeff1228
OP
Junior Member
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OP
Junior Member
Joined: Jan 2017
Posts: 64
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if the platform, does not have functions that for your trading style are a "must to have", obviously you have to pick up another platform that has such features. You nailed it.
Last edited by Jeff1228; 09/03/18 04:10.
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