An auto trade is a trade that is automatically placed by the Auto Trade system when the conditions of a trade system are met. Trade system parameters are selected when you create the trade system formula. Parameters that govern the execution of automatic trades are set on the Auto Trade window.
This set up process assumes that you have at least one trade system created.
Open the Auto Trade window.
Set auto trade parameters, starting with the Name field.
Auto Trade parameters are arranged in columns on the Auto Trade window.
Type an alert name, which appears as a filter on the Orders and Positions window and with the ATS study. This is the first step in the process of creating an auto trade; other fields are active only after a name has been assigned to the auto trade.
Select an account for the automated trades to be executed in. You can use either a live or a simulated account. This column is not active if you are not logged on to trade.
Click this field to expose the drop down arrow, then click that arrow to open the Trade System menu. The menu includes the trade system formulas you have created with Formula Builder.
Right-click this field to edit the trade system parameters.
Click Email Settings to set up email|topic=Defining Email Settings.
Click Test to validate your settings.
Note that most mobile carriers offer a way for you to receive text-only e-mails as text messages by entering the e-mail address associated with your mobile phone number. In this way, you can use e-mail to send alerts as text messages to your mobile.