Complete CME Group Market Data Requirements
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DO NOT CONTINUE IF YOU HAVE NOT COMPLETED STEP #1 (ABOVE)
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Before proceeding, please make sure that your MultiCharts platform is updated to version 14.0 Release Candidate or newer. Go to the MultiCharts download section here.
Open MultiCharts.
From the main menu bar, click on File --> Broker Profiles --> Manage Broker Profiles.
The Broker Profiles menu will appear. From here, click New and choose Rithmic 01.
A menu called "Properties Rithmic 01" will now appear.
Insert your login username and password that has been provided to you by Topstep®. In the "Connectivity" section, change the Deployment field to 'TopstepTrader' and leave the rest of the fields alone. Under the "Default Order Settings" section, click on the Lookup button and wait for the "simulator" option to appear in the Trade Route field (approximately 30 seconds). When finished, click OK. This will now bring you back to the Broker Profile menu.
From the Broker Profiles menu, rename the Rithmic Paper Trading connection to "TopstepTrader".
Once renamed, select the TopstepTrader connection and click Connect.
Once connected, update the data for your charts and DOMs with the TopstepTrader connection.
To set up your commissions and fees properly, please follow the instructions listed below:
From the Multicharts main desktop, click Format → Strategy Properties
From the Strategy Properties menu, select the “$ per Contract” Commission Rule. Click the “Manage Rules…” button.
From the Commission Rules Manager menu, click on the “$ per Contract” rule, then click the “Edit…” button.
From the Tiered Commission Rule menu:
Rename the rule to $1.85 per Contract.
Volume in “Contracts”
Reset Volume Counter “after every trade”
Calculate Commission “in real-time”
Click on the rule listed, then click on the “Edit…” button
From the Fixed Commission Rule menu, change the Commission Value to 1.85. Make sure that “Cash per Contract” is chosen. Click OK. This will now bring you back to the Tiered Commission Rule Menu, click OK. This will now bring you back to the Commission Rules Manager, click OK. This will now bring you back to the Strategy Properties menu, click OK.
Ensure your connection is properly set up in real time.
Switch to the R|Trader Pro platform
Sign in using the same username and password provided to you to connect your MultiCharts system to Rithmic. Select “TopstepTrader” for the connection.
Within R|Trader, click on the “Recent Orders” icon and you will be able to see any working orders and filled trades for the current day. To look beyond the current day, click on the “Order History” icon.
If your orders are not seen on R|Trader, make sure that you have Global Simulation Mode OFF and that you are NOT trading on the "Sim101" account within your MultiCharts platform.
How-to: Monitor Net P&L
Though MultiCharts does not offer the ability to view your current Net P&L while trading, you can monitor your intraday Net P&L via the R|Trader platform. Please follow the steps below in order to install R|Trader on your computer.
Open the R|Trader Pro platform
Sign in using the same username and password provided to you to connect your MultiCharts system to Rithmic. Select “Paper Trading” for the connection.
Within R|Trader, click on the “Recent Orders” icon and you will be able to see any working orders and filled trades for the current day. To look beyond the current day, click on the “Order History” icon.
MultiCharts Platform Support
If you have any questions regarding MultiCharts or experience any platform issues, please contact their Live Support Chat here, Monday - Friday, 6:30 AM - 3:00 PM EST.
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