Sat, December 14, 2019

CycleTrader Strategy Manager

What is the CycleTrader Strategy Manager?

(Previously called The P/L Manager)

It is an add on program to NinjaTrader that was created to control all the CycleTrader Systems all at the same  time.

CycleTrader System Results

Our thought about system trading is it really is all math, and the markets will go up and down without fail.

For this reason, you can build a number of ideas that find high probability of making money and then not try to make $500 a trade, but make work to $50 to $100 a trade per system for example.

All the systems will work together to achieve these daily goals.

They will all agree to shut down automatically until the next day. 

CycleTrader Pro ES - 1002 Trade Summary chart

Why Did We create the Strategy Manager?

It’s been our thought process for a long time that if you try to build one system to make $1000 a day, your odds go down.

However, if you build 10 systems to make $100 + a day, your odds go way up to achieve your goal.

Strategy Manager can manage this process

CycleTrader Strategy Manager Chart
CycleTrader Strategy Manager Chart

When the combined CycleTrader Systems hit the SET profit or loss inputs, they will auto close all trades, cancel all working orders and cease trading until the start time the next trading day.

The Strategy Manager improves everything!

For the first time, you can develop many systems that are not looking for home runs, but base hits. Much more achievable!

Suddenly, you take your ball and go home a lot easier and be in control of all your strategies at one time.

The 5 Sections of Strategy Manager

Section 1 - Profit/Loss

  • Prefer combined profit for the day.
  • Prefer combined acceptable loss for the day.
  • Pick % close to profits to stop trading for the day.

This segment enables you to set up many CycleTrader XML Input file systems at one time .
When they all hit their objective, up or down, all the systems will end trading for the day.

CycleTrader Stategy Manager combines Profit Loss

Section 2 - Operational Controls

  • Click Update Strategies to bring them into the CycleTrader Strategy Manager.
  • Click Start the Strategy Manager to start the monitoring.
  • Stop the monitoring.
  • Stop and Close all positions with one click.
CycleTrader Strategy Manager Controls

Section 3 - Strategies / Results / Status

  • Monitor all the CT Strategies
  • Name
  • Status
  • Instrument
  • Data Feed
  • Unrealized Results Per Strategy
  • Realized Results Per Strategy
  • Comments on status
CycleTrader Strategy Manager Status

From this view, you will scan all the running systems on one straightforward screen with all the data around each CycleTrader Strategy System. When the max targets are attained, the Strategy Manager will note the comments on the right side of the spreadsheet, registering the status.

Section 4 - Real-Time Status

  • Monitor Combined live and net results of all strategies -
  • Observe the cumulative unrealized, realized and combined NET results in real-time of all the CycleTrader Strategy Systems combined.

    View the high and low $ mark of all CycleTrader Systems in real-time.
CycleTrader Strategy Manager Real Time Results

Section 5 - Money Trailing Stop / Status

  • Set the Strategy Manager up to guard over your profits in real-time.
  • Set when the trailing stop is to begin.
  • Set how far back you wish to trail the stop.
  • Set how frequently you desire to advance the trailing stop up.
CycleTrader Strategy Manager Trailing Stop
  • Displays the estimated exit value.

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