The W3 trade automation system is a simple yet powerful trend following system.
The system looks at various technical aspects of price action and signals high probability buy and sell entries.
The package comes with a Trade Management file (TWCONFIG) that trades 3 contracts, and has three targets. The first target (10 ticks) gets some points on the board, then moves the stops of the remaining two contracts to a point where it is a no loss trade. The second target, (20 ticks) locks in the trade at a total of 30 ticks, and moves the last stop to break even. The final target is set to a large number (100) for runners that can result in some very profitable trades. All of these targets and stops are adjustable, and you can also use your own trade management configuration file.
- Overlays of popular levels: Midnight Open, Today’s and Yesterday’s open, Globex High/Low, Daily VWAP, and many others
- Quote board to quickly select symbols:
- Text Display of TICK values, also selectable with a quoteboard:
- Adjustable Order quantities and trade management Configurations
- Automatic installation within 24 hours upon completion of order processing.