Strategy Manager

Strategy Manager Tab

The Strategy Manager allows you to start and manage your strategies independently of the charts. This enables the user to run several strategies simultaneously TradersYard X is highly resource-efficient, meaning that your running strategies operate very efficiently. The active strategies can be reviewed and managed within the Strategy Manager.
The Strategy manager tab contains the following columns:
Column
Meaning
Name
Name of the strategy
Symbol
The instrument used for a strategy
Time frame
Time frame in which the strategy is running
Start Date&Time
The point in time at which the strategy was started
Status
​​
Active: the strategy is running and currently attached to one or multiple charts. The strategy will not be closed even when the chart is closed. ​
Background: the active strategy is not attached to any chart. This is a special feature of TradersYard X that is not available on many other trading platforms.
Charts
The number of charts on which a strategy is active. The background status always corresponds to 0 charts. The amount increases if you open an additional chart for the same instrument and time frame.
P&L
The Profit/Loss generated by the strategy so far
Analyzer Session
Select Analyzer session
Stop
Stop strategy
Right-click on a row inside the strategy manager tab to open the context menu:
Right-click on a row inside the Strategy manager tab to open the context menu:
  • Open Chart: opens up a dialog window for opening a new chart
  • Start strategy: allows to select and specify a strategy​
Strategy parameters:
Name
Meaning
Caption
Displays a strategy's technical description. You can change these settings if required. For example, to display a shorter name for the strategy (MMR instead of MakeMeRichStrategy) input the following information: MakeMeRichStrategy -> MMR.++
Required bars count
Defines the number of periods after which the strategy will be calculated (adjusted). For example, SMA requires at least 20 periods (bars) to correctly calculate the moving average and consequently formulate accurate conclusions for the strategy calculation. It is especially important for backtesting.
Input Series
Allows you to select data series for strategy calculation. The standard setting is "close", which means that the strategy will be calculated based on the closing prices of a specific period.
Time-Frame
Set time frames for the strategy.
Session
This parameter allows the user to select the Analyzer Escort session
Trading Options
If true, the strategy will work for option trading
Close Trades on Stop
This means that strategy stop will close all running orders which are running under the strategy,
Is to recover
If true, strategies are saved, even if they do not have active trades or orders.
Log Orders
If true, all placed orders will be saved in the Log.
Time in force
Display how long order will be enabled in the system unless it is executed (GTC - good till canceled; Day - enable for 1 day, GTD - good till date, IOC - immediate or cancel)
After clicking the Select button, the instrument or several instruments from the instrument list will be adopted by the Strategy Manager with the previously selected strategy.
  • Stop: allows to stop (i.e. delete) one or several strategies, right-click on the cell in the strategy manager tab and select the Stop option.
If a strategy is currently managing confirmed orders or running trades, the query box will ask you to confirm that you really wish to stop the chosen strategy.
  • Show PL Percent: displays the profit/loss in the Strategy Manager in percent
  • Export to MS Excel: allows saving the rows from the Strategy Manager in a CSV file
  • Connect with Chart: activates the connection to a single chart or single chart group. Once activated, move the mouse to a single chart or single chart group. The mouse indicator will change to a rectangle with an arrow. Click in the charting area again to connect the rows of the Strategy Manager to the chart (single chart or single chart group).
To load the chart, left-click on the appropriate instruments in the Strategy Manager.
The Strategy Manager shows two types of strategies:
  • Fully automated programmed strategies: these strategies must be explicitly started or stopped for an instrument or multiple instruments (e.g. from the Chart or the Strategy Manager).
  • Semi-automated TradersYard X++ strategies: the entries of these strategies are handled discretionarily and are managed by the trade management.

Relationship between a list chart group and the Strategy Manager

(this pertains to semi-automated TX++ strategies)
The Analyzer Escort column displays signals (signals are not strategies) that are driven by real-time events. If a signal-based TradersYard X++ setup (necessary settings can be made in the Setup Builder is activated and executed, then the strategy takes over to control your position. If you click on an instrument from the list chart group when TradersYard X++ is activated, then the corresponding row will be displayed in the Strategy Manager (though no trade will take place yet).
Once you have entered a position (for example, short EURCAD) then the strategy will become active and start to manage your position. If you continue clicking within the list chart group you will see that the strategy is activated to manage the opened position. This applies to currently active trades as well as confirmed orders (not proposal orders) in the chart. In these cases, the strategy shifts to the strategy manager and receives the status "Background".

Relationship between a tab chart group and the Strategy Manager

(this pertains to semi-automated TX++ strategies)
If you want the strategy for one or all instruments in the tab chart group to start as soon as TradersYard X++ is opened, check the Tab Chart Group Auto synchronization checkbox in the Preferences -> General -> Preferences: Chart. If the Tab Chart Group Auto synchronization is not selected, then TX++ must be manually opened/closed for every instrument (the same applies to single chart groups and single charts).
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