ChaosHunter Trader is available for $895. ChaosHunter Trader comes with a 30 day, money back guarantee (minus credit card transaction processing fees of 2.5% to 3.5% of the total amount charged depending on which credit card you use. If payment is made via wire transfer, processing fees, if applicable, will be deducted).
Now you can trade your ChaosHunter artificial intelligence models directly with Interactive Brokers using the ChaosHunter Trader. ChaosHunter Trader gives you the added convenience and cost savings of letting you download data from Interactive Brokers for building ChaosHunter models.
Note that ChaosHunter Trader is an add-on to ChaosHunter. To be able to create the ChaosHunter models which ChaosHunter Trader executes in real-time, you must also purchase ChaosHunter if you do not already have it.
Here's How it Works
The ChaosHunter Trader obtains data from the IB Trader Workstation and creates a chart or multiple charts. You can add ChaosHunter models and choose between automatic or manual trading, or simply monitor your latest ChaosHunter model for real time performance. You can trade individual charts or trade all charts at the same time.
Use Data from IB TWS for ChaosHunter
You can use the ChaosHunter Trader as a free data source for ChaosHunter. Create a chart in ChaosHunter Trader and use the Data Window to export chart data to a text file. ChaosHunter can use this text file to create a model, which you can then add to your ChaosHunter Trader chart.
Consensus Models
The unique thing about ChaosHunter Trader is that it can trade several ChaosHunter models as a "panel of experts". For example, it will buy when a majority of models is signaling buy. Let's say you make 3 different models for SPY. You can then load those 3 models into ChaosHunter Trader and specify that you want to trade when 2 of the 3 are in agreement. You can have any reasonable number of models for your panel of experts. Each chart can have its own panel of experts, and several charts can be traded at once with different ticker symbols and/or different time frame bars.
Connection to IB Trader Workstation
The ChaosHunter Trader gets data and sends trades directly to the IB Trader Workstation (TWS), so both programs must be running on the same computer. (ChaosHunter Trader also works with the browser based IB Trader Workstation.) This means that in addition to ChaosHunter Trader, you also have the facilities of TWS always available.
The ChaosHunter Trader works with stock, futures, or cash (Forex) instruments available from IB. ChaosHunter Trader works with the following bar types/sizes, which are the ones available from Interactive Brokers:
- Daily bars
- Hourly bars (1 or 4 hours)
- Minute bars (1, 2, 3, 5, 15, or 30 minutes)
- Second bars (5, 15, or 30 seconds)
Open, high, low and close values can be formed by trades, midpoint, bid or ask streams that are sent by Interactive Brokers.
There are a few limitations. The ChaosHunter models you add must create buy/sell signals, which enables you to trade your models with Interactive Brokers.
ChaosHunter Trader can only trade models using the data it collects from Interactive Brokers. This means that other than open, high, low, close and volume, the only indicators it can use for trading are the ones created by ChaosHunter itself.
ChaosHunter Trader only places market orders.
Protect Your Trades
ChaosHunter does not create a stop loss or a price target, since that work belongs in the trading platform. Therefore, ChaosHunter Trader provides an easy to use mechanism for those protections. After a loss stop point or price target is hit and the position is closed, the system will either stop trading that chart, or start trading again at the next opposite signal, at your choice.