TradeFoxx Auto-Bot Version 10 How to use guide January, 2019

TradeFoxx Auto-Bot is an Automated Trading Strategy. One of the biggest attractions of strategy automation assistance is that it takes the emotion out of trading since trades are automatically placed once certain criteria is met. TradeFoxx establishes specific rules for trade entries and exits, Which are programmed to use TradeFoxx Indicators, and are executed via a Ninja Trader Version 8 platform.

The Auto-Bot has the ability to be back tested through Ninja Trader Strategy Analyzer. Back testing applies to historical market data to determine the viability and the settings for optimized trades in the market of choice.
Careful back testing will allow traders to evaluate and fine-tune to a specific market, and to determine the system’s expectancy – like the average amount that a trader can expect to win (or lose).

The trade rules are a collection proprietary trade setups and classic trade setups we have programmed into the auto-bot. We call them Aggressor Events. The execution is performed automatically once a signal is met, discipline is preserved even in volatile markets. Human Discipline is often lost due do emotional factors such as fear of taking a loss, or the desire to squeeze a little more profit from a trade. Automated assisted trading helps ensure that discipline is maintained because the trading rules are absolute and will be followed exactly based on the adjusted settings like clock work without emotions, “it’s a robot”.

There is no such thing as an Auto-Bot Trader that wins 100% of the time – losses are a part of Trading. TradeFoxx Auto Bot allows traders to achieve consistency in wins has well as losses by using absolute rules. TradeFoxx Auto Bot responds immediately to changing market conditions, it will generate orders as soon as trade criteria are met, a few seconds earlier can make a big difference in the trade outcomes, and this is one of many benefits of an Auto Assisted Trader.

We have programmed our own Trade Setups called Aggressor Event 1 and Aggressor Event 2, both are kissing cousins much alike, except Aggressor 2 logic is less strict. Aggressor Event 1 and Event 2 is the trade setups we promote in our manual trading guide using TradeFoxx indicator. We have also added some classic trades setups. Some of these setups are from famous Trader books and give more options to the customer in finding a trade setup that works for their particular market and style.

We welcome any Trader to send in there own setup and we are glad to review and possibly add it in the next upgrade. The library of custom setups are Found in Aggressor Event 3 with a Sub Event number indicating the Custom Trade Setup. Currently we have 6 custom Setups. To use one of the Custom Setups you would put Aggressor Event value to 3 and Sub Event value to any number from 1 through 7.

Back-testing the collection of trade algorithms is available by setting the Limit/Market/Back-test parameter value to 3. To trade live or simulate with playback or live feed, you would set the Limit/Market/Back-test parameter to 1 for Limit Orders (Buy/Ask) or 2 for at Market Price.