Finding the algorithm
We offer a comprehensive array of algorithms that are readily accessible for your use on our platform: HexTrade Algorithms. Our selection includes algorithms that may require an additional fee, alongside numerous choices available at no extra charge. You can take advantage of these options to tailor your trading strategies effectively.
By navigating through the page, you can view a variety of crucial metrics associated with each algorithm, such as:
Total Profit & Loss (P&L): Assess the overall financial performance of the algorithm over time.
Total Trades: Get insight into the volume of trades executed, which can indicate the algorithm's level of activity.
Win Rate: Understand the success rate of the algorithm, providing an indication of its reliability.
Annual Percentage Yield (APY): Analyze the potential annual returns based on historical data.
In addition to these fields, various other metrics can further inform your decision-making process. These tools and data points enable you to comprehensively evaluate the risk levels associated with each algorithm and estimate the expected yields, facilitating more informed trading decisions.
When you find the optimal option that suits your needs, click on "View Details" on the webpage. This section provides detailed insights into open trades and recent transactions, helping you assess the algorithm's level of activity and performance. You can also review essential metrics, comprehensive trading statistics, and the supported platforms. A crucial aspect for us is the Connected Accounts feature.
Next, navigate to the Connected Accounts section to link your account. It's crucial to evaluate the optimal risk settings for each algorithm to ensure you operate them without risking the stability of your funded accounts. Below, we offer a straightforward demonstration for clarity.
Exercise extreme caution when utilizing the mini contract size due to its significantly higher risk compared to micros. This higher risk can lead to substantial losses if not managed properly. Always ensure that your risk management strategies are robust and thoroughly tested, especially when dealing with larger contract sizes within your trading portfolio. This approach will help safeguard your investments and maintain a sustainable trading practice. After your account is set up, HexTrade automatically executes trades based on algorithmic decisions.
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