Thinking Stuff's ATM

Automated Trading Machine (ATM) makes it simple to remove fear and greed from your trading. Automated trading is no longer just for the rich or nerdy. Our revolutionary software runs on your computer, using your trading rules, but none of your emotions. There's just one requirement - you know how to use a mouse.  Learn more...

Thinking Stuff's ATE

Automated Trading Execution (ATE) is where we run your trading systems for you on our servers. Your system can be exported from ATM, or written in plain English and we'll make it for you. We'll even backtest and suggest improvements if you want us to. This service essentially automates your automated trading.  Learn more...

Thinking Stuff's Groups

Join a group of like-minded individuals, and help each other to trading success. Once you join a group, you will have access to that group's trading systems, ideas, and feedback. And please contribute your own knowledge as much as possible. Or contact us to start your own group.  Learn more...

Stop Loss Mgmt #1-#9, Take Profit Mgmt #1, #2

These settings give you nine different ways to move your stop loss (plus the "move to break even" setting makes 10), and two different ways to move your take profit.

The ordering of #1 through #9 has no meaning - they are just labels. You can use #7 without first having set #1 through #6, if that's what you want to do. Just make sure to match up rules #7 with Values #7.

So let's say you have set up stop loss rules and values #2, #6, and #7. And by a freak of coincidence, absolutely all of those rules are true at the same time. Potentially that means the trading system wants to move the stop loss to 3 different prices, or perhaps to 2 different prices and the last is "exit at market".

ATM can only do one of those things. In this case it follows the same decision-making process as when you use multiple values in the same group (e.g. 3 different entry values).
 

Entering At Market

You can set the entry values to "enter at market". That creates a market order. Otherwise, the entry values evaluate to a single number (that is to say that the desired entry price is calculated) and a limit order is placed at that price. "Enter at market" overrides all other values.
 

Exiting At Market

Any of the stop loss management values (#1 through #9), and any of the take profit management values (#1 & #2) can be used to "exit at market". As long as the corresponding rules evaluate to true, the trade will be closed. "Exit at market" overrides all other values.
 
See also:

Groups: