Supported Copy Methods
Yes, the Replikanto trade copier is able to copy trades of regular stocks listed on exchanges like the NYSE and Nasdaq. Replikanto supports the copying of stock trades using various methods:
- Exact Quantity - Copies the exact volume of shares between all accounts in a group. For example, if you trade 100 shares, all follower accounts receive 100 shares each.
- Pooled/Equal Quantity - Distributes shares equally among all follower accounts.
- Ratio - Allows you to define a ratio for each follower account. For example, a ratio of 2.0 on a 100 share trade will result in the follower account receiving 200 shares.
- Pre Allocation - Places a fixed, pre-defined quantity of shares on the follower account for every leader order, regardless of the leader's order size.
Important Limitations
Replikanto also supports cross-order functionality between different instruments, but this feature is limited to pre-defined instrument pairs and does not extend to cross-trading between futures and ETFs or stocks in general. For example, it will not copy trades between QQQ and NQ or SPY and ES.
System Requirements
It is important to note that Replikanto is primarily designed for use with NinjaTrader on Windows PCs. Additionally, for copying trades from external platforms like TradingView, it requires a Tradovate account linked to NinjaTrader.
Comments
0 comments
Please sign in to leave a comment.