NIRVANA SYSTEMS WizeVest User manual
WizeVest Trade Processor
User Guide
WizeVest Trade Processor User Guide
October 2014 Edition
PF-43-01-04
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Important Information
Copyright
Under the copyright laws, this publication may not be reproduced or transmitted in any form,
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Trademarks
Trade Processor™, OmniTrader™, VisualTrader™, Adaptive Reasoning Model™, ARM™, ARM
Knowledge Base™, Easy Data™, The Trading Game™, Focus List™, The Power to Trade with
Confidence™, The Path to Trading Success™, The Trader’s Advantage™, Pattern Tutor ™, and
Chart Pattern Recognition Module™ are trademarks of Nirvana Systems, Inc.
Product and company names mentioned herein are trademarks or trade names of their respective
companies.
DISCLAIMER REGARDING USE OF NIRVANA SYSTEMS PRODUCTS
Trading stocks, mutual funds, futures, and options involves high risk including possible loss of
principal and other losses. Neither the software nor any demonstration of its operation should be
construed as a recommendation or an offer to buy or sell securities or security derivative products
of any kind.
Neither Nirvana’s OmniTrader™, VisualTrader™, Nirvana Systems, Inc., nor its employees and
affiliates recommends any specific security for purchase or sale, nor do they recommend any
specific approach to investing in securities. Nirvana Systems, Inc. is not an investment advisory
service nor a registered investment advisor or broker/dealer.
No representation is being made that the methods presented will guarantee profits in trading. Past
performance, whether actual or indicated by historical systems testing, is no guarantee of future
performance or success. Information presented by Nirvana Systems, Inc. is from sources Nirvana
believes are reliable. However, Nirvana has not independently verified such information.
©Nirvana Systems IV Wize Trade Processor User Guide
Contents
Chapter 1
Introduction to the WizeVest Trade Processor
Chapter 2
Getting Started with Trade Processor
Installing the Trade Processor........................................................................................2
Installing the Trade Processor .........................................................................2
Chapter 3
MB Trading and the Trade Processor
Connection Settings for MB Trading.............................................................................3
Trade Settings ................................................................................................................6
Order Submission ............................................................................................7
Order Submission Settings................................................................7
Automation ......................................................................................................8
Automation Settings..........................................................................8
Orders ..............................................................................................................8
Exposure ..........................................................................................................9
Ordering Methods with MB Trading .............................................................................9
Method 1: Market on Open Orders .................................................................9
Method 2: Market Orders ................................................................................9
Things You Should Know About Using MB Trading ...................................................10
Live Account: ..................................................................................................10
Demo Account:................................................................................................10
Holding Company Depository Receipts:.........................................................10
Chapter 4
Trade Processor Interface
Strategies Section...........................................................................................................12
Trade Information ..........................................................................................................13
Open Positions Tab..........................................................................................13
Closing Orders Tab..........................................................................................14
Opening Orders Tab ........................................................................................15
MBT Positions Tab..........................................................................................17
MBT Orders...................................................................................................................18
Trade History .................................................................................................................18
Action Log.......................................................................................................19
Contents
Wize Trade Processor User Guide V nirvanasystems.com
Closed Trades.................................................................................................. 19
Trade History Right Click Menu ...................................................... 19
Statistics......................................................................................................................... 19
Running Multiple Trade Processors .............................................................................. 20
Chapter 5
Trading with the Trade Processor
Automatic Trading......................................................................................................... 21
Trading .......................................................................................................................... 21
Trading from the Open Positions Tab............................................................. 22
Open Positions Right Click Menu .................................................... 22
Trading from the Closing Orders Tab............................................................. 22
Closing Orders Right Click Options ............................................................... 23
Trading from the Opening Orders Tab ........................................................... 23
Opening Orders Right Click Options.............................................................. 24
Trading from the MBT Positions Tab............................................................. 24
MBT Positions Right Click Menu .................................................... 24
Trading from the MBT Orders Tab................................................................. 25
MBT Orders Right Click Menu........................................................ 25
WizeVest Updating Times ............................................................................................ 25
Aggregate Orders........................................................................................................... 26
Chapter 6
Monitoring the Trade Processor
Unmanaged Positions .................................................................................................... 27
No Position(Orphaned).................................................................................................. 28
Synchronizing Unmanaged Trades ................................................................. 29
Synchronization Menu .................................................................................... 30
Enabling and Disabling Strategies on WizeVest........................................................... 31
Closing Positions Outside of the Trade Processor ........................................................ 31
Trade Processor Reports................................................................................................ 31
Configuring Trade Processor Reports............................................................. 33
Trade Processor Alerts .................................................................................................. 34
SMTP Settings for Common Email Providers................................................ 35
Popular provider SMS formats for texts ......................................................... 36
Trade Processor Logs .................................................................................................... 37
Contents
©Nirvana Systems VI Wize Trade Processor User Guide
Chapter 7
Trade Processor Server Version
Enabling the Trade Processor for Server Mode.............................................................38
Closing the Trade Processing in Server Mode...............................................................39
Monitoring the Trade Processor Connection on the WizeVest Web Page ....................40
Disconnecting from Server Mode..................................................................................41
Conclusion .....................................................................................................................41
©Nirvana Systems Inc. 1 WizeVest Trade Processor User Guide
Introduction to the WizeVest
Trade Processor
Welcome to the WizeVest Trade Processor! The Trade Processor is Nirvana Systems'
powerful tool for total automation of your WizeVest Account.
The Trade Processor has the following goals:
• Automation of WizeVest Trades—Connect the Trade Processor to the WizeVest
account you want to trade and directly to your MB Trading brokerage account and
leave it running. Set the Trade Processor for Automatic Trading and it will send
opening and closing orders between the times you designate.
• Monitor your Positions—View and manage your orders and positions using the
Trade Processor.
This guidebook is designed to help you set up the Trade Processor and fully
understand the functionality with your MB Trading. Nirvana Systems strongly
recommends that you study the complete information in this document before using
Trade Processor. Once you have a thorough understanding of the power of this
program, you will be ready to use it to trade your WizeVest account.
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©Nirvana Systems Inc. 2 WizeVest Trade Processor User Guide
Getting Started with Trade
Processor
The WizeVest Trade Processor can be run as a client version from a local computer
or directly from the WizeVest servers. Whichever way you decide to run the
WizeVest Trade Processor, the installation below will be required.
Installing the Trade Processor
Before you can begin using the Trade Processor, you must install it.
Installing the Trade Processor
To install Trade Processor, you will need to be connected to the internet.
1. Go to http://www.mywizevest.com/Trades/TPUpdate.aspx
2. Click on the install link.
3. You will have the choices Run and Save this program to disk. (The program
does not have to be saved to install but if you choose to save the file prior to
installation, navigate to the folder on your computer you would like to save the
installation to and click Download.) Otherwise, select the Run option.
4. Follow the on-screen instructions for installation.
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©Nirvana Systems Inc. 3 WizeVest Trade Processor User Guide
MB Trading and the Trade
Processor
The Trade Processor can be set up to send trades directly from your selected
WizeVest account to your funded MB Trading account in one of two ways. The Trade
Processor can be run as a client version from your machine or from the WizeVest
Trade Processor servers. This chapters describes configuring the Trade Processor to
run as the client version. Please refer to Chapter 7 for information on running the
server version.
This chapter provides information on configuring the Trade Processor to connect to
and trade your MB Trading account. This chapter also includes special instructions
and limitations you may experience using your Trade Processor with MB Trading.
Connection Settings for MB Trading
Follow these instructions to connect the Trade Processor to your MB Trading
account:
1. On initial startup, the Connection Settings form will automatically display in two
separate forms - one for the WizeVest Account settings and another for the MB
Trading Account settings.
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Chapter 3 MB Trading and the Trade Processor
©Nirvana Systems Inc. 4 WizeVest Trade Processor User Guide
Figure 3-1. WizeVest Connection Settings
2. Enter your WizeVest User ID and password.
3. Click the down arrow button to download your WizeVest account names.
4. Select the WizeVest account you want to connect to for trading. If none exist, a
WizeVest account will need to be created on the WizeVest web site.
5. Click Connect.
Next, the connection settings dialog box for the broker will appear on the screen.
Figure 3-2. MB Trading Connection Settings
1. Enter the MB Trading account number.
2. Enter the MB Trading User ID.
3. Enter the MB Trading password.
4. Click Connect.
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