Autopilot
Automated Trading
Forward Auto Execution
Using the Quick Calculation (Q-Calc) Buttons to Build Winning Strategies
First start by picking a Futures contract or Forex pair and a timeframe, then choose a trading system (any indicator that produces buy/sell signals).
Futures Note: For Futures choose a start analysis time in the Autopilot backtest by going to the daily chart and looking up the Volume indicator to see when the volume moved from the previous contract month to the current contract month you have chosen. This is so you can get a realistic picture of trading. (i.e. When your current month would have started trading).
Forex Note: Before opening a book, make sure to delete your cache. Go to “Manage Local Cache” under the “File Menu” and move the intraday history slider up about half of the way so you will be able to look at more history. After that, choose a start time of approximately three months prior to the current date.
Using the Global Quick Calculation (Q-Calc) button at the very top is a good place to start. By using the Global Q-Calc button the Autopilot will automatically calculate each individual setting that is turned on. To get the best overall picture please have each box on the Autopilot Control Panel checked, so that the Global Q-Calc button can optimize each individual setting for the highest profitability.
After global optimization is done, you will be able to check and uncheck different settings on the Control Panel to further optimize your profitability. By looking at your Autopilot Profit/Loss Column (P\L $) you will be able to see if your profit goes up or down depending on the settings that are checked or unchecked.
Next continue optimizing by clicking each button. The individual Q-Calc buttons are used to optimize profitability for each individual setting. When re-optimizing settings individually the Q-Calc will always arrive at the most profitable setting or it will change nothing. Use specific ranges to narrow your optimizations with the Q-Calc buttons. You may change ranges by right clicking on each Q-Calc button.
Note: The Q-Calc buttons may take a while to process information, especially when using the Global Q-Calc button. It is recommended that you do not run other programs, or minimize the Track ‘n Trade window, while the Global Q-Calc is calculating.
Note: Saving your progress in intervals is also recommended, in either a book or with the Autopilot save feature. This will insure that you always have an up-to-date saved version of your Autopilot settings.
Note: While the Q-Calc buttons are there to speed up the process of finding a winning system you should not rely on the as the absolute best. There are millions of possibilities and one small change in and setting can cause dramatic changes in the overall picture.