MKC Trading Software Questions & Answers

MKC Trading Software calculates Value at Risk (VaR) as a standard feature, given its focus on risk management and trading tools. VaR is a statistical measure that estimates the potential loss in a portfolio over a specific time period with a given confidence level.

The major programming languages that are supported for API access are Python, Java, C#, and C++. With these languages, you can access advanced market data, order execution facility, advanced charting, historical data, custom indicators, and more.

Yes, MKC Trading Software allows users to backtest their strategies using custom indicators created within the platform. This feature is used to evaluate the performance of strategies based on unique indicators or combinations that may not be available as pre-built indicators.

Relative Strength Index (RSI) is calculated using the standard formula in MKC. The formula is:

RSI = 100 - (100 / (1 + RS)) RS = Average Upward Closes / Average Downward Closes

Where,

Average Upward Closes is the average of upward price changes over some time.

Average Downward Closes is the average of downward price changes over some time.

Lookback period, smoothing, and overbought/oversold level are some parameters that users can customize.

MKC Trading Software uses a sophisticated order routing system to efficiently execute orders on various exchanges. This system is used for:

• Determine the best exchange
• Route Orders
• Manage Order Status
• Handle Order Modifications and Cancellations

Yes, MKC Trading provides optimization tools that are used to enhance the performance of your trading strategies. While you backtest your strategies, you get the chance to improve your strategies and apply them as per your preferences.

Yes, MKC Trading Software provides a strategy tester. This feature allows you to test your trading strategies using historical market data without risking your real money. This helps you to improve your trading strategies and alter them accordingly.

Yes, you can find a watchlist feature in this software. You can make use of it by creating a watchlist and adding securities to it. You can view, manage, monitor, and analyze your watchlist.

Yes, you can place orders directly through MKC Trading Software. It is a comprehensive trading platform that allows you to execute trades, analyze markets, and manage your trading activities. You can place various types of orders, including market orders, limit orders, stop-loss orders, and more.

Yes, MKC Trading Software supports real-time market data. This is a crucial feature for traders who need up-to-the-minute information to make informed decisions. Real-time market data includes live quotes, price charts, and other relevant market information that is updated continuously.