Strategy Runner Lite now offers automation of exits, or predefined Brackets, Trailing Stops, and Scale-Outs, as an advanced trading feature for active traders. Make Strategy Runner your own personalized automated trading platform.
How does it work?
- Choose the exit function that you want to use.
- You may use the exit function:
a. Upon entry, or
b. Later, to cover your position, or to place orders for a specified number of lots. - Define its parameters, for example a profit of 2 points and a loss of 1 point.
Features for traders
- Modify and cancel orders.
- Use Smart Orders.
- Advanced exit styles: scale-out of profits, moving of stops to break-even, use of indicators.
- Automate your exits: personalize Strategy Runner for your trading style.
- Automate your entries (fully automated trading)
- Remote server solution, flawless, high-quality execution*.
* Strategies run on remote servers, so your internet connection, and even your computer being shut, don't affect strategy execution
A Library of Automated Exits
| Auto Exits | Description | ||||
| Bracket |
Bracket is essentially two OCO (One Cancels the Other) orders. A pair of orders - Profit Target and Stop Loss - is placed as defined, and once one of the pair is filled, the other is canceled automatically. In the case of a partial fill of one of the orders, the number of contracts for the reciprocal order is reduced accordingly.
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| Bracket & Trailing Stop |
The Trailing Stop is an advanced feature of the Bracket. This feature allows you to change the Stop Loss value dynamically as the price changes, thus enabling you to lock up the profits and/or to reduce your potential loss. Supports partial fill.
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| Exit with Market on Time & Trailing Stop |
This feature allows you to change the Stop Loss value dynamically as the price changes, thus enabling you to to lock up the profits and/or reduce your potential loss. Exit your position with Stop Loss order or with Market Order at the End Time.
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| Scale Out with 2 Targets |
Three orders are set: two Profit Targets, and a Stop Loss with double the number of Profit lots. Once Profit Target 1 is filled, the number of lots for the Stop Loss is reduced accordingly. Alternatively, if the Stop Loss is filled, the remaining Profit Targets are canceled.
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| Scale Out with 2 Targets & Break Even |
Same as Scale Out with 2 targets, with automated modification of the Stop Loss; Once Profit Target 1 is filled, the number of lots for the Stop Loss is reduced, and it is moved to the break-even point.
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| Scale Out with 2 Targets Lots |
Three orders are set: two Profit Targets (Profit Target 1 with Lots 1 and Profit Target 2 with Lots 2) and a Stop Loss with number of lots equal to (Lots 1 + Lots 2). Once Profit Target 1 is filled, the number of lots for the Stop Loss is reduced accordingly. Alternatively, if the Stop Loss is filled, the remaining Profit Targets are canceled.
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| Scale Out with 2 Targets & Trailing Stop |
Same as Scale Out with 2 targets, with automated modification of the Stop Loss; Once Profit Target 1 is filled, the number of lots for the Stop Loss is reduced accordingly. Stop Loss is trailing as the price changes, thus enabling you to lock up the profits and/or reduce your potential loss.
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| Scale Out with 3 Targets |
Four orders are set: three Profit Targets and a Stop Loss with triple the number of Profit lots. Once Profit Target 1 is filled, the number of lots for the Stop Loss is reduced accordingly. Then, once Profit Target 2 is filled, the number of lots for the Stop Loss is again reduced accordingly. Alternatively, if the Stop Loss is filled, the remaining Profit Targets are canceled.
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| Scale Out with 3 Targets & Break Even |
Same as Scale Out with 3 targets, with automated modification of the Stop Loss; Once Profit Target 1 is filled, the number of lots for the Stop Loss is reduced accordingly, and it is moved it to the break-even point. Once Profit Target 2 is filled, the number of lots for the Stop Loss is again, reduced accordingly.
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| Scale Out with 3 Targets Lots |
Four orders are set: three Profit Targets (Profit Target 1 with Lots 1 and Profit Target 2 with Lots 2 Profit Target 3 with Lots 3) and a Stop Loss with number of lots equal to (Lots 1 + Lots 2 + Lots 3). Once Profit Target 1 is filled, the number of lots for the Stop Loss is reduced accordingly. Once Profit Target 2 is filled, the number of lots for the Stop Loss is again reduced accordingly. Alternatively, if the Stop Loss is filled, the remaining Profit Targets are canceled.
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| Scale Out with 3 Targets & Trailing Stop |
Same as Scale Out with 3 targets, with automated modification of the Stop Loss; Once Profit Target 1 is filled, the number of lots for the Stop Loss is reduced accordingly. Once Profit Target 2 is filled, the number of lots for the Stop Loss is again, reduced accordingly. Stop Loss is trailing as the price changes, thus enabling you to lock up the profits and/or reduce your potential loss.
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| Bracket |
Bracket is essentially two OCO (One Cancels the Other) orders. A pair of orders - Profit Target and Stop Loss - is placed as defined, and once one of the pair is filled, the other is canceled automatically. In the case of a partial fill of one of the orders, the number of contracts for the reciprocal order is reduced accordingly.
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