Connecting Rithmic Trader Pro to your QuantVPS server is essential for efficient and seamless trading operations.
Connecting Rithmic Trader Pro to your TopStep on QuantVPS server is essential for efficient and seamless trading operations. Follow these step-by-step instructions to ensure a smooth connection and optimal trading experience.
Step 1: Market Data Requirement Forms
Before connecting Rithmic Trader Pro, ensure you have filled out the Market Data Requirement forms in Rithmic Trader Pro. This is a crucial step to enable the connection.
Step 2: Install .Net Framework
During the installation, you may receive a prompt to install .Net Framework. Allow this installation to proceed to ensure the platform installs properly. If your computer is up to date, this pop-up may not appear. Otherwise, ensure .Net Framework installations are available via Windows Updates or by searching online.
Step 3: Download and Install Rithmic Trader Pro
Download Rithmic Trader Pro
- Visit the official Rithmic website to download the Rithmic Trader Pro software.
Install the Software
Double-click the “RithmicTraderPro” icon that was saved to your PC to run the installer and follow the on-screen prompts to complete the installation.
Open R|Trader Pro
After installation, open Rithmic Trader Pro by double-clicking the “Rithmic Trader Pro” icon on your desktop.
Step 4: Configure Rithmic Trader Pro
Login Credentials
When the Rithmic Trader login window appears, enter your Topstep® account username and password in the appropriate fields.
If you do not have a TopStep account, create one here.
System and Gateway Configuration
- From the “System” drop-down menu, choose “TopstepTrader”.
- From the “Gateway” drop-down menu, choose “Chicago Area”.
Enable Necessary Features
Ensure Orders, Market Data, and Allow Plug-ins are all set to On.
Frequently Asked Questions
How can I view my account balances, profit/loss, or open exposure in Rithmic Trader Pro?
For viewing account balance information, profit/loss, or open exposure, add the Trader Dashboard by selecting File -> Trader Dashboard. Customize the dashboard by right-clicking the labels in the top row and selecting “Add/Remove Columns.”
How do I view and manage my open positions?
Open the Positions Tab by clicking on File -> Positions. Here, you can view and close/flatten open positions using the ‘X’ in the Positions tab.
How can I see my recent orders and order history?
Open the Recent Orders Tab by clicking on File -> Recent Orders. View all working orders and cancel orders by clicking on the red ‘X’ and confirming by clicking ‘OK’.
How can I view my commissions and fees in R|Trader Pro?
Click on the “Recent Orders” icon to see working orders and filled trades for the current day. For previous days, click on the “Order History” icon. Click on the “Trader Dashboard” and refer to the “PNL” column to view Net P&L and account balances. If orders are not seen, contact Trader Support.
How do I set up auto-liquidation for my trades?
Important Notice: Any auto-liquidation settings you use are at your own risk. It is the trader’s responsibility to thoroughly test and verify their Rithmic Trader settings. No compensation will be provided if the feature does not function as expected. We strongly recommend closely monitoring your account while actively trading.
Auto Liquidate at a Specific Time:
As a trader using a Rithmic data-supported platform, you can set your own risk parameters to control when all open positions are liquidated. Here’s how to enable this feature:
Log into Rithmic Trader
Click on “Trader Dashboard”.
View Risk Parameters
Right-click on your account in the Trader Dashboard and select “View Risk Parameters”.
Click on “Risk Parameters set by the Trader”.
Enable Auto Liquidation
Double-click the green box under “Auto Liquidate” to bring up a drop-down menu.
Select “Enable” from the options.
Click “Apply” at the bottom right of the screen to save the settings.
Set Liquidation Time
After enabling the auto liquidation feature, enter the time frame in the 24-hour clock format for when you would like all working orders to be pulled.
What is the recommended setup for optimal use of Rithmic Trader?
For optimal use, configure your Rithmic Trader with the recommended setup. This includes adding modules to view open positions, recent orders, working orders, and account information, enabling you to monitor positions/orders that get sent to the data provider but do not appear on the platform.
Want to learn more?
For further assistance and detailed guidance, refer to the Trader’s Guide.
Elevate Your Trading Experience with QuantVPS
Connecting Rithmic Trader Pro to your QuantVPS server is just the beginning. With QuantVPS, you’re setting up a seamless, efficient trading environment that works perfectly with Rithmic, Topstep, and more.
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Why Choose QuantVPS?
- Ultra-Low Latency: Experience near-instant trade execution with our Pro Plan.
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For the latest tips, strategies, and updates in the trading world, be sure to explore our other blog posts and resources. Ready to optimize your trading experience? Visit QuantVPS.com to discover our range of VPS plans tailored to meet your unique needs. Don’t forget to subscribe to our blog for the latest insights straight to your inbox. Happy trading!