Menu
(800) 854-8203
Wisdom Trading’s dedication to providing the premier futures trading software in the industry was driven by our relentless pursuit of satisfying the needs of active traders and offering a trading platform that would truly set us apart. The result is Wisdom Online. Wisdom Online is an easy to use application that handles all of the complexities associated with trading and order management. Our latest release offers all of the features you need in your futures trading software, and even some that you might not even know existed.
Many futures software providers today charge a monthly fee to use their software regardless of whether or not you actually complete a trade that month. Worse yet, some software providers actually charge a minimum usage fee. This creates an unnecessary and costly expense that traders have to bear.
Wisdom Trading feels so strongly about the value of our software to traders that we never have, nor do we now, charge a “monthly” or “minimum” usage fee to use Wisdom Online.
When you open a live futures trading account with Wisdom Trading, not only will you enjoy the benefits of our flagship platform, Wisdom Trading Pro, you’ll also have access to a dedicated broker to assist you when needed, as well as a wealth of Wisdom Trading Pro educational information, including video tutorials, webinars and more!
Wisdom Online’s Depth of Market tool allows you to apply complex trading strategies (OCO, GTC, FOK, IOC STP LIMIT, Trailing Stops, Brackets), and launch associated contract charts and customize the display to meet your trading style.
Wisdom Trading offers you the functionality to trade directly from our built-in charting module. Use our cutting edge technology to easily monitor your order flow directly from the chart. Our charts provide full ordering capabilities including modifies, cancels, brackets and trailing stops.
Commodity Trading Advisors (CTAs) and professional trade managers can create allocation block accounts directly from Wisdom Online from their existing list of accounts. The manager can then trade directly into the block account and these trades are automatically allocated to the correct accounts per the managers defined rules. This function eliminates the need to communicate with the back office and ensures accuracy allowing the manager to focus on trading not reconciling out-trades.The Allocation rules allow Trader Managers to allocate the funds appropriately in the event of a partial fill. The order of the accounts in the block can now be set by highlighting the account and using the “Up” or “Down” arrows to move the account up or down the list (the first account in the list will be considered the “lowest” for purposes of the rules defined below). The following rules are available in Wisdom Online:
Allocation blocks will Automatically Create a “Backfill” account (indicated by a (B) after the account number) in the event the Trader Manager receives a partial fill and wants to complete the fill on the initial block order.
We are committed to providing you with the fastest data and trade executions. That’s why we provide true direct market access (DMA) to all our offered exchanges.
Including: CME, CBOT, EUREX, NYBOT, NYMEX, KCBT, MGEX, ICE, Euronext.liffe London, and Euronext.liffe Paris.
Route trade signals from TradeStation® through Wisdom Online’s fully integrated auto execution module, AutoX. GAINTrader has implemented an extension that provides the full-functionality of Wisdom Online inside TradeStation®. This extension has 457 functions that reflect all objects, properties and methods of Wisdom Online. The strategy can take into account the user operations and real Wisdom Online positions and prices. The extension will also allow strategies to access Wisdom Online Average Positions, Account Balances, and real orders. See all order manipulations in real-time.
Wisdom Online provides a full suite of advanced orders that can be used to execute and preserve your trading strategy.
Select from the following list:
The Scale Function allows traders “single click” functionality to adjust positions, protective stops and limits. Active traders can scale in and out of positions using Wisdom Online’s “Scale” functionality and not worry about having to manually adjust stops and limits. This customizable feature automatically adjusts your working protective stop orders and limit orders as you scale in and out of your core position.
Enter orders 24 hours a day even for pit markets. These orders will be held server side until they are released at market open.
OR
Enter as many orders as you like, park the orders, un-park and release the orders when you want them to begin working. Enter buy AND sell orders in anticipation of news or events and release the appropriate set based on resulting market reaction to the news.
Upload Basket OrdersUpload multiple order details across any contracts from Excel in one bulk load right into Wisdom Online for easy order generation and execution.
CTAs and professional traders who generate large baskets of system orders now have a way to easily and efficiently manage their order flow and ensure the accuracy of large batches.
Streaming QuotesAccess to timely market information is important. Our quote module comes with our application download and requires no other subscriptions to external data vendors.
Quotes are streamed in and can be configured to show every market tick. The quote display is fully customizable. Include any contract and define your column setup and order. Set Customized price alerts based on your trading strategy.
Wisdom Trading is continually enhancing our pricing engine to increase the speed, reliability and accuracy of the data we provide for Wisdom Online Charts, quotes and to our 3rd Party Interfaces.
Microsoft Excel can be linked to a value or data point in Wisdom Online. When the value or data point changes, it is automatically updated in the Excel spreadsheet. All of the functions available in the API are now directly accessible in Excel.
Communicate with your Broker via Instant MessengerCommunication can be a key element in a successful trading session. That’s why we put instant communication with our broker desk at your finger tips.
Wisdom Online’s built in Instant Messenger function allows traders to communicate instantly with our brokers, so that questions about trading our or software can be handled seamlessly without ever leaving the trading software.
Receive real time research feeds and setup your application for audio and visual alerts.
Wisdom Online’s Custom Indicators gives you the power and compatibility of TradeStation’s EasyLanguage and the resources and function of Technical Analysis Library. Whether you are just beginning to explore custom indicators or you have been creating and writing code for awhile, Wisdom Online’s Custom Indicators gives you the tools and functionality to take your trading to the next level!
Wisdom Online’s Custom Indicators plug-in connects the TA-Lib to Wisdom Online’s Charts. TA-Lib provides common functions for the technical analysis of financial market data. Find more than 150 technical analysis indicators such as ADX, MACD, RSI, Stochastic, and Bollinger Bands. TA-Lib also includes candlestick pattern recognition.
Wisdom Online’s Custom Indicators gives you simple tools to customize indicators without programming. Just type your formula in the appropriate property dialogue window.
Select ‘Expression’ in the property box and write your formula in the dialogue box.
Then you can choose to customize your indicator’s appearance and even give it a “nickname” or short name.
Select a function directly from the indicator tree and drag and drop it into the ‘Expression’ editor.
This analysis technique highlights the occurrences or points in history that reflect your criteria or meet the specified conditions of your indicator.
Write your own custom indicator in the Rapid Custom Indicator Wizard. The parameters, names, style of lines, expression and other properties of Rapid Custom Indicator can be modified any time via Custom Indicator Library window.
Wisdom Online’s Custom Indicator framework is a .NET library that provides full access to Wisdom Online’s Charts indicator infrastructure. This allows you to write a single-line indicator, as well as an advanced analysis tool with complex custom drawing functionality. To support developers, the plug-in contains integrated development environment, developer documentation and samples.
Wisdom Online’s Custom Indicator plug-in also manages a source code library of advanced custom indicators.
Wisdom Online’s Custom Indicators plug-in allows you to use and develop EasyLanguage analysis techniques.
You can create your own library of EasyLanguage functions. Just save your EasyLanguage file with extension “.lib.el” (for example, MyFunctions.lib.el), and your indicator is placed in a common library.
Wisdom Trading provides each trader with a detailed reporting of their activity through a reporting suite that is fully integrated into Wisdom Online.
Reports available:
Any of the reports can be viewed online, generated in PDF format or exported to Excel.
Margin in the Positions window allow traders the ability to view their necessary margin in relation to their open positions. The following Margin Types have been added to the position window as column choices:
Initial Margin Requirement – The funds required in a commodity account when a position either long (bought) or sold (short) is established.
Initial/Maintenance Margin
Are you trading multiple systems?
Do you need separate account or tracking?
Wisdom Trading provides the ability for Master and Sub Accounts either separate or co-managed with the master account to leverage funds based on our traders’ requirements.
Sub accounts can be traded from the same login as the master account or separate logins can be created.
In addition to the direct access we provide to the major electronic markets, we also provide access to most major traditional commodity markets. Many brokerages simply don’t have the infrastructure or the technology to allow you to trade the traditional open-outcry futures markets, even though many important commodity futures continue to trade in the pits.
Wisdom Trading manages this complex routing to supply you with the best executions. Most of our pit orders are routed directly to electronic devices like handhelds and touch screens used by floor brokers in the trading pits. These devices help ensure the timeliest execution of your order. The broker keys your fill into the device, and you’ll see it on your Wisdom Online screen just moments later.
Institutional Clients, if you require special needs, DTR can route orders by trader, by commodity or by both to a specific broker.
Wisdom Trading has added support for the following spreads:
The buyer of an Inter-Product Spread buys the first and sells the second component but the components refer to different underlying contracts, usually with the same expiration month. Inter-Product Spreads are treated as separate products. If an Inter-Product spread is executed there will be 2 separate positions for two different products located in the Positions window.
One of the keys to our speed and reliability is the fact that all of the data critical to trading success is kept on our server rather than on your PC. This protects you from the unpredictable nature of connectivity from your PC to the server and eliminates storage requirements on your PC. In the event that a connection from your PC to the server is lost, any working orders will continue to work on the server.
The Wisdom Online supports a volume histogram on the DOM and Charts. The histogram graphically offers the ability to help determine price levels of both support and resistance.
Can be easily enabled/disabled by clicking a button in the DOM toolbar
Can be fully customized to meet your unique requirements and style
Wisdom Trading offers the ability to leverage the full functionality of our API and technology through the use of standard COM technologies such as C++. Now programmers wishing to write to the API are no longer limited to using only .NET technologies to leverage the speed, functionality and reliability DTR offers.
Many software providers today charge a monthly fee to use their software regardless of whether or not you actually complete a trade that month. Worse yet, some software providers actually charge a minimum usage fee. This creates an unnecessary and costly expense that traders are forced to bear.
Wisdom Trading feels so strongly about the value of our software to traders that we never have, nor do we now, charge a “monthly” or “minimum” usage fee to use Wisdom Online.
Wisdom Online was built with speed and reliability in mind. Everything we do takes these two basic guiding principles into account.
Our Direct market connections ensure the timeliest supply of quote and chart data. These connections, along with the philosophy of holding all trades server-side ensure the fastest fills possible. Though, in the event that the primary server and all redundant servers are not accessible, this information may be delayed.
You will see your end to end execution times detailed for every order.
Not sure if Wisdom Online is for you?
Interested in testing out a new strategy?
Wisdom Trading offers a full, wholly separate simulation environment with full streaming quote data and chart feeds.
In simulation you can:
Wisdom Trading is an NFA-registered Introducing Broker. We offer Global commodity brokerage services, managed futures consultation, direct access trading, and trading system execution services to individuals, corporations and industry professionals. As an Independent introducing broker we maintain clearing relationships with several major Futures Commission Merchants around the globe. Multiple clearing relationships allow us to offer our clients a wide range of services and exceptionally wide range of markets. Our clearing relationships provide clients with 24hr access to futures, commodities, and foreign exchange markets around the globe. Futures trading involves a substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results.
