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...

Three Ways To Exit

There are 3 ways to exit a trade:

  1. stop loss is taken out
  2. take profit is hit
  3. exit at market

This example will demonstrate all three. For the Longs there will be a stop loss set 50 pips below the low; we will trail that stop loss at 50 pips below the low; a take profit will be set 75 pips above the high; and if we get 2 consecutive lower lows then we will exit at market.
 

Direction Rule Type Rule Family Line 1 X / Line 2
Long Entry Rules Line 1 is above X MACD Histogram 0 (zero)
Entry Rules Line 1 is above X RSI 70
Entry Values   Enter At Market  
Initial S/L Values   LOW - 0.0050  
Initial T/P Values   HIGH + 0.0075  
S/L Mgmt Rules #1 Line 1 is above X CLOSE 0 (zero)
S/L Mgmt Value #1   LOW - 0.0050  
S/L Mgmt Rules #2 Line 1 is falling LOW
Bar offset 1		  
S/L Mgmt Rules #2 Line 1 is falling LOW  
S/L Mgmt Value #2   Exit At Market  
Short Entry Rules Line 1 is below X MACD Histogram 0 (zero)
Entry Rules Line 1 is below X RSI 30
Entry Values   Enter At Market  
Initial S/L Values   HIGH + 0.0050  
Initial T/P Values   LOW - 0.0075  
S/L Mgmt Rules #1 Line 1 is above X CLOSE 0 (zero)
S/L Mgmt Value #1   HIGH + 0.0050  
S/L Mgmt Rules #2 Line 1 is rising HIGH
Bar offset 1		  
S/L Mgmt Rules #2 Line 1 is rising HIGH  
S/L Mgmt Value #2   Exit At Market  

 
We used the stop loss management rules and values #2 here, but you can use any of stop loss management #1-#9 and take profit management #1, #2 to exit at market.
 

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