The Anotomy of an AUTOMATED ASSISTED TRADING SYSTEM (ATS) Strategy

TradeFoxx Auto-Scalper Version 12 For Ninjatrader 8.X.X How to use guide August, 2022

TradeFoxx Auto-Scalper is an Automated Trading Strategy. One of the biggest attractions of strategy
automation assistance is that it takes the emotion out of trading since trades are automatically placed
once a certain criteria is met. TradeFoxx establishes specific rules for trade entries and exits,
programmed to use TradeFoxx Indicators, and which are executed via a Ninja Trader Version 8 platform.

The Auto-Scalper has the ability to be back tested through Ninja Trader Strategy Analyzer. Back testing
applies t o historical market data to determine the viability and the settings for optimized trades in the
market of choice. Careful back- testing will allow traders to evaluate and fine-tune to a specific market, and
to determine the system's expectancy – like the average amount that a trader can expect to win (or lose).

The trade rules are a collection proprietary trade setups and classic trade setups we have programmed into
the Auto-Scalper called Aggressor Events. We call them Aggressor Events and Sub Events. The execution is
performed automatically once a signal is met, discipline is preserved even in volatile markets. Human
Discipline is often lost due do emotional factors such as fear of taking a loss, or the desire to squeeze a
little more profit from a trade. Automated assisted trading helps ensure that discipline is maintained
because the trading rules are absolute and will be followed exactly based on the adjusted settings like
clock work without emotions, “it’s a robot”.
There is no such thing as an Auto-Scalper Trader that wins 100% of the time – losses are a part of Trading.
TradeFoxx Auto Bot allows traders to achieve consistency in wins has well as losses by using absolute
rules. TradeFoxx Auto Bot responds immediately to changing market conditions, it will generate orders as
soon as trade criteria are met, a few seconds earlier can make a big difference in the trade outcomes, and
this is one of many benefits of an Auto Assisted Trader.
We have programmed our own Trade Setups called Aggressor Event 1 and Aggressor Event 2, both are
kissing cousins much alike, except Aggressor 2 logic is less strict. Event 1 and Event 2 is the trade setups
we promote in our manual trading guide using TradeFoxx indicator. We have also added A classic trade
setup, these are in the system as Sub Events to activate currently there are 1 exra trade setup.
Back-testing the collection of trade algorithms is available by setting the Limit/Market/Back-test
parameter, and setting it to the value to 3. When trading live you would use 1 or 2 values not 3.
To trade live or simulate with playback or live feed, you would set the Limit/Market/Back-test parameter
to 1 for Limit Orders (Buy/Ask) or 2 for at Market Price using a ATM file for Profits, Trailing, Stops.
Setting Limit/Market/Back-test to a value of 3 allows live trading using hard profits target, and the use of
Hard Stops, Parabolic Stop, and Stop-trail features. You can use the field Stop-type to choose 1 for Hard
Stop, 2 is Parabolic Stop, 3 is Stop-trail. Values 1 or 2 use a ATM setup you must create and add its name to
the ATM field where it says Forex. It could be any name it is case sensitve.
Disadvantages and Realities of Automated Trading Systems
As stated before, there is no such thing as a trading Auto Assisted Guide that wins 100% of the time. There
are many advantages for using a properly designed Auto Bot, but we like to go over some disadvantages you
need to be aware of.

Automated assisted trading is a sophisticated method of trading, yet not infallible. If an Internet connection
is lost, an order might not be sent to the market or an order could have been sent and only the Stop Loss of
the order fill will close it, other Auto Bot logic will not play a role in the exit with this issue.

There will be a discrepancy between the "theoretical trades" generated by the strategy analyzer and the order
entry platform component that turns them into real trades, expectations vs reality will differ somewhat.
Traders should expect a learning curve when using automated trading systems, and it is generally a good idea
to start with small trade sizes while the process is refined.

Simulate with Ninja Trader SIM account for a month and never use the Auto-Scalper for trading real
money, until you can prove in simulation a profitable two week streak.

It must be monitored (baby sat). Automated trading systems do require monitoring. This is due to the
potential for mechanical failures, such as connectivity issues, power losses or computer crashes, and system
quirks. It is possible for an automated trading system to experience anomalies that could result in errant
orders, missing orders, or duplicate orders. If the system is monitored, these events can be identified and
resolved quickly.

Over-optimization during adjustments of settings and back testing can occur. Traders who employ back testing
techniques can create systems that look great on paper and perform terribly in a live market. Over-
optimization refers to excessive curve-fitting that produces a trading plan that is unreliable in live trading. It is
possible, for example, to tweak a strategy to achieve exceptional results on the historical data on which it was
tested and incorrectly assume that adjustments should have close to 100% profitable trades or should never
experience a draw-down to be a viable plan. As such, parameters can be adjusted to create a "near perfect"
plan – that completely fails as soon as it is applied to a live market.

Although appealing for a variety of factors, Mechanical failures can happen, and as such, these systems do
require monitoring.

Warning this is a real Trade Bot and will trade live. Never Trade Live until you have proven in simulation that
your ATM Strategy and the Bot is actually profitable after extensive simulations. There is no guarantee that
this bot will make profits every time, it is not a holy grail profit machine.
ADJUSTMENTS SETTING INDICATOR PARAMETERS
TradeFoxx Triple EMA, Double Stochastic, and MACD Default Parameters

Indicator Parameters values

Audio Parameters
0 off 1 on for Turn off Audio
1 English or 2 Spanish Alerts for Audio Lang

TradeFoxx Double Stochastic (DS)

Double Stochastic is a variation of the Stochastic indicator
developed by William Blau. We have modified this indicator as an
awesome manual indicator and it is used in the Auto-Scalper
logic’s for conformations. It is used for knowing where the price
cycle is, going up or going down based or is it close to over.

Tradefoxx Triple EMA (EMA)

An exponential moving average (EMA) is a type of moving average
that is similar to a simple moving average, except that more
weight is given to the latest data. It's also known as the
exponentially weighted moving average. This type of moving
average reacts faster to recent price changes than a simple
moving average. Needed for fast Scalping using trends.

TradeFoxx EMACD
MACD uses moving averages, which are lagging indicators,
to include some trend-following characteristics. These
lagging indicators are turned into a momentum oscillator by
subtracting the longer moving average from the shorter
moving average. We have modified this indicator as an
awesome manual indicator and it is used in the auto-bot
logic’s for conformations.
Fuzzy Parameters
Max Profit and Max Loss is what amount
The Fuzzy Logic is what the name implies it will work sometimes and
max your willing to win or loss per active
sometimes not, but its math is complicated and was created to offset trade, this is not per session total.
the errors of any logical setup. You can see its benefits when back
testing. The default is fuzzy logic is ON = 1. 1 turns it on 0 = off. Its our
version of a Human Baby Sitter, but it is not a complete replacement,
you should still monitor. TSF period makes it more reactive value of 10
to 14 best. Leave Fuzzy Logic on for Forex Trading works better.
 Session Parameters
There is control of the Days to Trade. The value of 0 (zero)
means that day is off and will not be traded. Saturday and
Sunday are turned off by default. If you want to Trade Sunday
set the value 1.

There is also control of the time to trade, it is set with

military time with seconds. 1:00 AM would be 10000. 11555
means 1.15 AM and 55 seconds. 13000 means 1:00 pm.
133055 means 1.30 PM and 55 seconds.

Converting Standard Time to TradeFoxx Military Time

12:00 am 0 12:00 pm 120000
1:00 am 10000 1:00 pm 130000
2:00 am 20000 2:00 pm 140000
3:00 am 30000 3:00 pm 150000
4:00 am 40000 4:00 pm 160000
5:00 am 50000 5:00 pm 170000
6:00 am 60000 6:00 pm 180000
7:00 am 70000 7:00 pm 190000
8:00 am 80000 8:00 pm 200000
9:00 am 90000 9:00 pm 210000
10:00 am 100000 10:00 pm 220000
11:00 am 110000 11:00 pm 230000 Default time is for Forex 24/7 Trade from
1 AM to 11.45 PM
There is a session time control that can be used for Day
Session and or Night Session and Block Out to leave out any
side-ways time frame as with trading Indices when a side The out cry break is to the opening bell
way market time frame is around 12:00 to 1:00pm, This morning time frame.
will allow the Auto-Scalper take a break while you also take
You could change this to closing bell.
a lunch break too.

Block Out Cry’s

There is a block of the opening bell which is usually not a good time to trade, default block is 5 minutes before
and 10 minutes after.
You can block any time for other markets volatility out cry time-frames.
Trade Parameters and Logic
Total Sessions

Trade Count Per Day, is how many Trades

per active session. If you turn the Bot off
and on again this resets. The Same is true
for Daily Profit and Loss. Does not work in
Back-test. This is used to cap amount of
daily trades you wish to do, or total amount
your willing to lose in one day or session.

Trade Logic Setups Sub Events

Core Setups are not better than Sub Event Setups.
There are suppose to be used together most of
the time so you get more trade possibilties in a
session.
1 is the EMA manual trade setup we teach, and 2
is the EMA more flexiable in the math. Sub Events
can either be on 0 or off value of 9.
There are two sub tradesetups that a important
for scalping and most of time should be used.
Especially if trading Forex.
You must put zero in both fields (TradeSetup) and
in (Sub Event) to use all 4 setups, Default and
recommended.
If you put 1 or 2 in TradeSetup only core setups
will be used, possible setup for fast Futures
trading like the ES or DOW.
Aggressor Event and Sub Events are the
Trade Setups inside TradeFoxx Trader.
TradeSetup Event is where you switch from
Core setups to Extra Setups, we add from
time to time more Sub Events.
A Value of 0 trades All core setups plus one
Sub Event if value set. If you want to trade
just the core setups, put 9 in the Sub Events
field and no subevent will trade.
Core Events are two, Value 1 trades the
more conservative setup and a Value 2
trades the more aggressive setup.
Aggressor Event value 3 is must if you want
to trade the Sub Events. The value of 1 -2
in the sub event field for one of 2 setups in
the Library. If you put Aggressor Event to 0
and SubEvent to 0 all setups trade.
 .
Last Bar Price Spread
There is a Price Spread value for every
event, this is a filter for the Trade Setup
that sometimes a benefit to filter noise.
The concept is if the last bar before entry is
of a certain size in the direction the trade
setup wants to go, it would give enough
moment for the short term trade to
succeed. Some setups will not work if the
value is too high, you can disable by putting
a value of 0 for Forex.

How Trade In Simulation,

Playback, Live Trading
ATM Name, this is a ATM Strategy you
must create for your Profit and Stop
targets and or Trailing Stops. When using
Limit/Market/BackTest with value 1 or 2.

The Auto Bot will not function without a

ATM. The name can be any name but it is
case sensitive. You can bypass ATM with
value 3 then only Profit ticks and Loss Ticks
Set Ticks or Pips
will be used.
Value 0 = Ticks for Futures
Value 1 - Pips for Forex The are default ATM found in C:\TradeFoxx
\AtmStrategy for live trading forex, and
The ATM Strategy does not work in the Futures as well as for backtesting.
strategy analyzer, only the Profit Ticks and
Loss Ticks will allow Profit Target and One is provided for you under the folder
Stop Target in back-testing. C:\TradeFoxx\AtmStrategy this needs to be
Set copied to the NinjaTrader folder C:\Users\
Limit/Market/backtest to value of 3 xxx??\Documents\NinjaTrader8\templates\
AtmStrategy
Instructional video on ATM creation
Instructional video on Advance ATM
Special Note
This is a fully functional Trading System do not trade live until you understand the system completely and have mastered all aspect in
simulation mode.
How to trade simulation , playback connection and backtesting.
The Trade Setup Logic will work in Limit/Market/BackTest in any value 1 or 2 or 3, 1 and 2 use ATM, 3 uses
Profit Tick and Loss Tick.
The difference is that with 1 and 2 you need to create a ATM for Profit Targets and Stops. Using the value of 3
which is used for back-testing will also simulate but you will use the Profit ticks and Stop ticks to trade. By using
the value of 3 you can adjust what hard stop you want to use.
The StopType field is where you pick the type of Loss Ticks you want to use. The defaults are preset and will
react around the LossTicks field value you put. Read Ninja Trader Help file if you need more detail.

1. SetStopLoss()

2. SetParabolicStop()

3. SetTrailStop()

Trade Parameters (Aggressor Logic Events)

Aggressor Events
The Trade Setup Logic of the Auto-Scalper is located here.
Aggressor Event has a value of 0 1 2 and 3. Any other number turns off the logic.

• Aggressor Event Value Zero = all Trade Setups Active.

• A Value 1 conservative Triple EMA Crossover
• A Value 2 less conservative Triple EMA Crossover
• A Value 3 Custom Trade Sub Events will be used.

Sub Event Values

• 0= All Setups Active
• 1 = Crossover ZLEMA
• 2 = Crossover ZELMA FLEX
• Default is 0 and 0 to use all trade setups, start with this see how it goes.

We have set the Auto-Scalper with default settings that are optimal for trading the Indices, if you would
like us to provide default settings for you market, send an email to support@tradefoxx.com . We be happy
to send you a starting point setting.
You can run a Ninja Script strategy in real-time in a live or simulation account.
 Ninja Trader MUST be connected to a live brokerage or market data vendor
 Strategy menu options will NOT work if not connected live
 You cannot run Chart Trader on a chart while you have a running strategy applied to the chart
 A Ninja Script Strategy is a self-contained automated trading system and orders generated are live and not
virtual. Canceling strategy generated orders manually can cause your strategy to stop executing as you
designed it. If you want to manually cancel an order, terminate the strategy itself.

Running FX NinjaScript Strategies

Running FX Ninja Script Strategies on a Live Brokerage Connection
Running an FX strategy on a live brokerage connection either in a live funded account or a simulation (Sim101) account
order quantities will reflect the lot size convention that your brokerage trades in. For example, if your brokerage has
a lot size of 1 that equals 100,000 units of the base currency (a "standard" lot) then use a value of 100000 to trade
100,000 base units. Micro unit can be 10000 or 1000 depending on your risk/reward targets.

HISTORICAL BACK TEST RESULTS

Hypothetical Performance Disclaimer: Hypothetical Performance Results Have Many Inherent
Limitations, Some Of Which Are Described Below. No Representation Is Being Made That Any Account Will Or
Is Likely To Achieve Profits Or Losses Similar To Those Shown. In Fact, There Are Frequently Sharp Differences
Between Hypothetical Performance Results And The Actual Results Subsequently Achieved By Any Particular
Trading Program.

Systems Trading Risks: Automated Trading Programs in General Are Also Subject to The Fact That They Are
Designed with The Benefit of Hindsight. No Representation Is Being Made That Any Account Will or Is Likely to
Achieve Profits or Losses. There Have Been No Promises, Guarantees or Warranties Suggesting That Any
Trading Will Result in A Profit or Will Not Result in A Loss.
TradeFoxx Does Not Guarantee the Accuracy or Completeness of the Information or Any Analysis Based
Thereon.
Back testing Strategies

The Back Testing Strategies video walks through the process of

configuring, running, and analyzing the results of a standard
strategy back test in the Strategy Analyzer. All configurable
back test properties are covered in this video.

Check this Video How to Back Test

Strategy Analyzer Overview

Ninja Script strategies can be back tested and optimized to test theoretical strategy performance on historical
data within the Strategy Analyzer. The Strategy Analyzer Overview covers the basic layout of the Strategy
Analyzer, and individual test types will be covered in greater detail in future videos.

Check this video How to use Strategy Analyzer

When your real time simulation test performs has expected more than two weeks, you could use the bot with
real money if you wish. You must monitor the trades has you can manually exit any trade in profit or exit any
trade that seems to be going wrong.
Recorded Results for an instrument
You could also use Market Replay to test the Auto-
Scalper.
Practice, Adjust, Practice, Adjust

Malcom Gladwell, staff writer at The New Yorker & author of bestseller, Outliers, popularized the theory that it
requires 10,000 hours of practice for one to become a master of a particular skill.

Just like any other skill sets, if you want to master trading, it requires practice. However, with the markets only
producing a limited amount of live data per day, reaching that 10,000 hour threshold can appear daunting at
best.

NinjaTrader’s Market Replay, a.k.a. Playback Connection in NinjaTrader 8 Beta, puts live on-demand data at your
fingertips. This tool, included with every download of NinjaTrader, enables you to record, download and replay
market data at your convenience. Whether it be aftermarket hours, or on the weekend, NinjaTrader’s Market
Replay delivers data to all NinjaTrader windows as if it was happening in real-time.

Test indicators, strategies, entry/exit rules, or your tape reading skills on any market or timeframe. Furthermore,
testing daily indicator or strategy performance doesn’t have to take 7 or 8 hours.
Market Replay offers the ability to playback data up to 500 times faster than normal market speed!

Master your trading skills and increase your exposure to live market data with NinjaTrader’s Market Replay!
Check this video How to use Market Replay
Optimizing Strategies
Strategy optimizations allow you to iterate over a pre-defined range of strategy input values to determine the
combination of property values which score highest on a chosen performance metric. The Optimizing Strategies
video on NinjaTrader8 youtube channel covers the aspects of optimizations which differ from standard back-
testing.

Will it work on all time-frame?

No, Trade Setups do not performe on all time-frames or special charts like Range or Renko. When you use Price
Spread Range or Renko will only work if the points created by this particular chats are greater the Price Spread
Value. If you want to use this charts put Price Spread to 0
.
Minute charts work but will perform negative below 5 minutes and the same of higher than 15 minutes.

Can I use the Auto-Scalper on more than one chart and instrument at the same time?
Yes you can open on chart with the ES and its special ATM Strategy and open another trading Oil, Gold or Forex
with a different ATM and using any logic you wish.

Can I use currency target instead of ticks?

No you must figure out how many ticks give you a currency equivalent for instance 4 ticks in the ES is $50 win
or $50 loss for one contract. In Forex use ATM and use pips.

Where are the documents for TradeFoxx?

In your C: drive under C:\TradeFoxx you will find useful documentation to help you use TradeFoxx Software.

Why does Heiken Ashi work better with the Auto-Scalper?

For some unknown reason the Heiken Ashi Charts work better with our logic. The 3 to 15 minutes charts produce
promising results. We been trying to figure it and have come to this conclusion. Heiken Ashi produces an average
price bar and because the logic is based on averages, the probability of averages to averages is better than
averages to actual current price.
No Representation Is Being Made That Any Account Will Or Is Likely To Achieve Profits Or Losses. There
Have Been No Promises, Guarantees Or Warranties Suggesting That Any Trading Will Result In A Profit
Or Will Not Result In A Loss.

TradeFoxx Does Not Guarantee The Accuracy Or Completeness Of The Information Or Any Analysis
Based Thereon.
DISCLAIMER: Futures and options trading involves substantial risk of loss and is not suitable for every
investor.

The valuation of futures and options may fluctuate, and, as a result, clients may lose more than their original investment.
The impact of seasonal and geopolitical events is already factored into market prices. The highly leveraged nature of
futures trading means that small market movements will have a great impact on your trading account and this can work
against you, leading to large losses or can work for you, leading to large gains. If the market moves against you, you may
sustain a total loss greater than the amount you deposited into your account. You are responsible for all the risks and
financial resources you use and for the chosen trading system. You should not engage in trading unless you fully
understand the nature of the transactions you are entering into and the extent of your exposure to loss. If you do
not fully understand these risks you must seek independent advice from your financial adviser. All trading strategies are
used at your own risk. This software should not be relied upon as advice or construed as providing recommendations of
any kind. It is your responsibility to confirm and decide which trades to make.

Trade only with risk capital; that is, trade with money that, if lost, will not adversely impact your lifestyle and your ability
to meet your financial obligations. Past results are no indication of future performance. In no event should the content of
this correspondence be construed as an express or implied promise, guarantee or implication from Day Trading LLC, INC.
(DBA) TradeFoxx that you will profit or that losses can or will be limited in any manner whatsoever. Day Trading LLC, INC
(DBA) TradeFoxx is not responsible for any losses incurred as a result of using any of our trading strategies and software.
The Auto-trader should never be left unattended due to the possibility of events out of your control, such as computer or
data failure, power outages, position mismatches, and/or network problems.

Loss-limiting strategies such as stop loss orders may not be effective because market conditions or technological issues
may make it impossible to execute such orders. Likewise, strategies using combinations of options and/or futures
positions such as "spread" or "straddle" trades may be just as risky as simple long and short positions. Information
provided in this correspondence is intended solely for informational purposes and is obtained from sources believed to
be reliable. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of
future conditions are attempted. trading system, automatic trading software, trading indicators, trading computers,
trading desks, trading software for NinjaTrader systems. online trading platform, trading platform, charting software,
futures trading, stock trading, forex trading, discretionary trading, automated trading, online trading, active trader, active
trading, Kinetick, trade simulator, trade simulation, trading system development, trading strategy development.

FINRA’S PATTERN DAY TRADING RULE DOES NOT APPLY to Future Commodity Traders (Only).
Beware of Trading Stocks with Auto-Scalper
According to FINRA, you are a Pattern Day Trader
if: You use a margin account; and

Day trade the same security for more than four times within five business days; and
The day trades form more than 6% of your total trading activity for the same five-day period.
And if you are a Pattern Day Trader, you must keep up at least $25,000 in your trading account to day trade.

It is very difficult for day trader to avoid the label of Pattern Day Trader. Of course, you can trade very infrequently,
or use a cash account. Both are not ideal solutions and impede the goal of a day trader.
Day traders want take the best trades, even if the best trades occur more than four times within five business days.
Day traders want to make the most out of small intraday swings and using a margin account for leverage is essential.
Those are the bad news, at least for stock and options traders. The good news is that the Pattern Day Trading Rule
does not apply to futures traders.

Futures traders can have less than $25,000 in your account and still day trade to your heart’s content. (Subject to
your rigorous market analysis, of course.)