Auto-Execution Trading is pretty simple to understand.  It is a computer program that is designed to execute trades automatically to a broker based on specific trading rules.  Auto-Execution systems are quickly finding a perminent solution in the financial industry.  Currently, many professional and individual traders are exploring the nature of developing fully automated solutions.

MTS provides its users with the ability to develop and deploy Auto-Execution Trading solutions.  MTS was designed to work with eSignal's trading platform, but can also be used with other trading platforms.

Auto-Execution systems are quickly finding a perminent solution in the financial industry.  Currently, many professional and individual traders are exploring the nature of developing fully automated solutions.

The components of a fully automated trading system are usually..

       A.  User Interface (buttons, settings and switches)

       B.  Entry Triggers (a single set or multiple sets of entry triggers)

       C.  Stop Mechanisms (a single or multiple stage stop mechanism)

       D.  Profit Targets (often a single mechanism)

       E.  Equity Allocation (often complex dynamic equity allocation across multiple symbols)

       F.  Risk Management (some sort of risk containment mechanism)

On top of these common components, users may choose to include some of the following..

       1.  Time Restrictions

       2.  Trade Restrictions

       3.  Loss Restrictions

       4.  Trend Following Mechanisms

       5.  Reversal Mechanisms

       6.  Fail-Safe Trailing Stop Mechanisms (no matter what - get me out @ $)

As you can see, developing a fully automated trading system can be a complex task.  The best way to get started is to work on A,B and C from the first list.  If you can complete these first three steps, then you can begin to expand on your code and explore what your system needs.  In fact, we've included a simple example of a "Moving Average Crossover System" already to start auto-trading for you.  You can use this and modify it into your own solution.

Generally, we're providing you with a blank canvas, paints, brushes and all the time you care to spend on building your masterpiece.  Heck, we're even giving you an example "masterpiece" to take apart and play with.  Where we go from here is up to you....