You are here: Educational Videos » Autopilot » Selecting an Indicator

Track 'n Trade Autopilot Plug-in

Selecting an Indicator

Video Transcript

In this Autopilot video, we're going to be discussing the Indicator Settings section of the Autopilot. The Indicator drop down list provides you with a list of available Indicators for the active chart. If this box is blank, or does not have the Indicator that you want, it's because you have not yet turned on the Indicator from within Track 'n Trade for the selected chart. To turn on an Indicator, within Track 'n Trade: right click on the screen, click Chart Overlay; or Add Indicator Window.

To change the Settings of that Indicator: Click the Preferences Tab. If the settings pertaining to your particular Indicator are not displayed, then simply click on the Indicator on the lower panel, or click the Preferences Tile, in the lower right corner of the Price Column.

Any changes made to the Indicator will immediately be reflected in the Autopilot's Lower Statistical Performance Analysis Window.

You can also select a Conditional Indicator, from it's corresponding dropdown Menu. Again, it must be active on the Selected chart, before it will appear in this window. Any Indicator within Track 'n Trade can be used as a Conditional Indicator.

The rules for applying the Conditional Indicator to your trading strategy are as follows: If your Conditional Indicator throws a Buy or Sell Signal Arrow in the same direction as the Primary Indicator, and those two arrows fall within the Margin of Error listed in the Plus or Minus boxes, then Track 'n Trade will execute a position. If the two Indicators are not in an agreement by the Margin of Error, then no position, will be executed.

Questions: Call 1-800-862-7193, Ext. 2
Note: All data/software services are recurring