Auto Enter More Contracts -
Go Fish is the term we also use to add contracts after your first entry to better the average original fill price by 50% of more.
The Go Fish auto enters specified number of contracts at preset levels with max quantity cut-offs and auto price adjustments.
Why would you use this function?
You would use this to scale into trades using exact qty and ticks based on your first fill price. Using this function can improve your fill price by 50% or more depending on how many more contracts you add.
We suggest to start each trade out smaller, and then use Go Fish to better your position of the market gives you these fill prices. Most all the time anyone enters a trade, they are down anyhow, so why not try to do better with the Go Fish functionality?
On/Off = You have the option to use this function or not. You can turn this function off is it was on during the life of a trade.
Example, if you bought 2 contracts and had the Go Fish function on at the time, and later you wish to not use it, simply click the off feature and the order to enter more contracts will be canceled.
Qty = This is the set quantity to place after the first filled order.
Enter Ticks = This is the number of ticks back to place the set quantity.
Example, if your first fill price was 4505.00 to buy, and you had 8 ticks back to buy 3, Go Fish Pro will automatically place a limit order to buy 3 contracts 8 ticks better, or at 4503.00.
Add Same Qty = This function will auto adjust the number of contracts to buy based on your first entry quantity and any other contracts you buy before the Go Fish Pro order is filled.
Example, if you buy 2 contracts at the start and add 2 more before the Go Fish order is filled, it will auto adjust the number of contract to 4 without you having to do anything.
Cycle Pro Go Fish Pro Index
Cycle Trader Pro is a complete trading software company that has created many custom indicators that show momentum and cycle reversals better than most others. We build custom auto order entry and exit applications, and auto trade system strategies.
The overall purpose of the Cycle Trader has been to continue to create trading indicators to show market momentum & reversals better than most other indicators. To create trading models to help traders understand what pattern the market may be in at the time to help them make the best choice in direction at the time.
We have designed trading apps to help traders save money entering and exiting positions. The goal was to make the trading apps automatically handle orders after entry. This way, you our traders could concentrate more on the direction of the markets than placing orders all the time. Then we added value for each trade from start to finish displaying personal trade data. The trade data with the CycleTraderPro apps is data one would not expect from others apps.
We run all the indicators, charts, Go Fish Pro and the Auto Entry on NinjaTrader
We offer just the indicators on MetaStock, TradeStation, MetaTrader and MultiCharts
Futures, Options on Futures and Forex trading involves a substantial degree of risk of loss and is not suitable for all individuals. An investor could lose the entire investment or, in some cases, more than the initial investment. Past performance is not necessarily indicative of future results.