AUTOMATION
Advanced Trade Strategy Automation and Financial Risk Management
This video provides a demonstration of an advanced trade strategy algorithm for order flow imbalances and cumulative volume delta. When the automated algorithm criteria is identified, the strategy will place a trade entry order based on the predefined position quantity. Immediately following the entry order fill, the automated strategy will place profit target order(s) and stop order(s) based on the risk management parameters defined by the trader. Trade exit orders can also be executed by the automated strategy based on algorithmic logic that identifies a potential reversal in prices action.
The entire trade process is automated and provides the trader with the ability to manually interact with any active profit target and stop order. This provides the trader with complete control of all financial risk management parameters on their trades and positions.