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Control Panel

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Select the Autopilot tab in the Control Panel (the tab has a head as the icon). To read more details on these sections see the appropriate sub chapters  of this page.


AP Panel 11. New/Save/Del: Save your own trading strategies here so you can use them in the future. Use the pull down box to find previously saved strategies. Use the New start a new strategy. Use the Save button when you want to save a strategy that you don't want to lose. Use Del. button to delete your strategy. 

Note: It is strongly encouraged that the trader also keep a hardcopy of their Autopilot settings.

2. Indicator: Choose which indicator or system you would like to use. The indicator must have buy/sell signals notified by arrows.

3. Conditional: Add a conditional indicator or system here. If your conditional indicator throws any arrow in the same buy/sell direction as the primary indicator's latest arrow, within (-) minus bars back or (+) plus bars forward of the bar that has the primary indicators' arrow, then Track ‘n Trade will continue to evaluate whether to execute a trade.

4-5. Trading Quantity & Percentage: Number of units you’d like the trade to place or Percentage of your account you’d like to trade when the trade is placed with max number of contracts to allow.

6. Use Time Restraints (Track 'n Trade Live Only): Start time – When the Autopilot will start looking for buy/sell signals to place trades.
End time – When the Autopilot will stop trading for the day.
Days of the week – Which days of the week the Autopilot will trade.

7. Exit Price Bars Before Close (Track 'n Trade Live Only): Choose to exit open orders before the close of the day for that market.


8. Entry Strategy: Market order on Signal – Click button to place a market entry order immediately on a buy/sell signal or confirming conditional signal.
Stop entry on Signal – This option will place a buy stop or sell stop entry order into the market at a predefined number of points (Futures) or pips (Forex) above or below the high or low of the price bar in which the signal arrow is pointing at. Market Gap MKT Order – If selected, you can specify number of points/pips to allow for slippage if the market gaps above the original entry order. (This features was placed in the Autopilot because if the market gaps above where the software was going to place an order the trade would have been deemed invalid and thus rejected by the broker).

9. Thrust Signal Prevention: If selected, you can specify how high, or low you are willing to allow the market to move during any single timeframe and within a specified number of price bars before allowing the Autopilot to place an entry order. This is used to prevent a fake out “thrust” from a highly volatile move from something like a news announcement.

10. Inactive Market Prevention: Activate to avoid a sideways moving market. Choose the minimum market price moved over what period of time that you requir to allow a trade.

11. Take Positions / Trend: Choose if you want the Autopilot take Long positions, Short positions, or Both positions.


AP Panel 212. Exit Strategy: Choose what style of stop you want to place and where to place it. Choose from Pips/Points, Bars Back, or Dollars Back.
Ave Bar – shows the average price bar height in pips/points.

13. Jump Stops: An alteration of a traditional trailing stop, the Jump Stop will activate only after the market moves a specific number of tics/pips. The stop order will remain solitary until the market moves the amount chosen. You may create a continuous trailing stop by activating the secondary 'Then, if market moves' trigger to continue to moving your stop with each new tic/pip increment.

14. Trailing Stop Features: Choose what kind of stop you’d like to place. Continuous, PSAR, BNB Blue Light, ATR Stop or No trailing stop. Turn on the appropriate indicator before using the indicator trail stops.
Until Break Even -  If you select Until Break Even, Track ‘n Trade will automatically trail your stop loss order based on the entry amount listed in the previous section, until it reaches the price level of your entry order; upon reaching the same price point as your entry order, Track ‘n Trade will stop the automatic trailing of your stop order, and leave it active at the break-even price level.

15. Limit Style. Number of pips for limit profit taking order (points for Futures).

16. Exit If Feature. Exit your position if your profit is greater or less than whatever number of pips you set.

17. Exit on Signals. Close any pending or open position if a new Primary Indicator signal appears pointing in the direction opposite your position. If the Bulls 'n Bears is set as your Primary Indicator, Exit On Bulls 'n Bears Neutral Bars will close any open trade when a new Bulls 'n Bears Neutral Bar appears.

Quick Calculation (Q-Calc). The Q-Calc buttons are used to locate the highest percent gain backtesting results available for each section of the Autopilot Control Panel. 

Always check the settings after running Q-Calc. As we noted before “Where Systems Fail, Methods prevail.” Understand what you are having the autopilot do and make sure that what the Q-Calc decided makes sense to you.