Autopilot

Automated Trading

Exit If Feature

This feature is used to cut your losers short, and to get Track 'n Trade back to the business of trading. Sometimes, an open trade may stay open for an extremely long period of time, neither reaching up to touch your take profit price, nor reaching down to hit your stop loss order. When this happens, it often seems that the open trade is keeping the system from taking what might otherwise be additional profitable trades.

By selecting this feature you can tell the Autopilot to exit the trade if it is not showing promise within a certain number of price bars.