MultiCharts Connection Instructions

Multicharts Connection Instructions

How to: Monitor Net P&L

MultiCharts Platform Support

MultiCharts Connection Instructions

Complete CME Group Market Data Requirements

  • Download R|Trader
  • Log in:
    • Username: (found in Account Information email)
    • Password: (found in Account Information email)
    • System: click 'Rithmic01' and select 'TopstepTrader'
    • Gateway: Chicago Area
    • Review agreements, select "Non-Professional Subscriber"

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DO NOT CONTINUE IF YOU HAVE NOT COMPLETED STEP #1 (ABOVE)

Before proceeding, please make sure that your MultiCharts platform is updated to version 10.0 Release Candidate or newer. Go to MultiCharts download section here.

  1. Open MultiCharts.
  2. From the main menu bar, click on File --> Broker Profiles --> Manage Broker Profiles.
  3. The Broker Profiles menu will appear. From here, click New and choose Rithmic 01.

    A menu called "Properties Rithmic 01" will now appear.

  4. 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.
  5. From the Broker Profiles menu, rename the Rithmic Paper Trading connection to "TopstepTrader".

    Once renamed, select the TopstepTrader connection and click Connect.

  6. Once connected, update the data for your charts and DOMs with the TopstepTrader connection.

To setup your commissions and fees properly, please follow the instructions listed below:

  1. From the Multicharts main desktop, click Format → Strategy Properties
  2. From the Strategy Properties menu, select “$ per Contract” Commission Rule.  Click “Manage Rules…” button.
  3. From the Commission Rules Manager menu, click on the “$ per Contract” rule, then click the “Edit…” button.
  4. 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
  5. 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.
  6. Ensure your connection is properly setup in real-time.
    • Open the R|Trader platform
    • Sign in using the same user name 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.

  1. Open the R|Trader platform
  2. Sign in using the same username and password provided to you to connect your MultiCharts system to Rithmic. Select “Paper Trading” for the connection.
  3. 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.
  4. If your orders are not seen on R|Trader, please contact support@topstep.com

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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