Video summary
XTremeAutoTrader Default Settings 2015 10 02 9 49 00
Main summary
Key takeaways
Overview
This video is a brief tutorial by Dave Kung (Emerald Trading Technologies) showing how to open and use the “Default Settings” form in the Xtreme AutoTrader trading console to set initial strategy/chart parameters for multiple symbols at once.
Key Workflow (Default Settings for All Symbols)
- The trading console can have multiple symbols loaded (e.g., C, G, IBM).
- Opening the settings form changes the interface from a “click here” state to default settings for all rows.
- In other words, you set default attributes shared across all loaded symbols.
What the “Default Settings” Form Contains (Sub-Forms)
The form includes multiple sub-forms that define defaults for each symbol, including:
- Protective OCO exit brackets (price/exit protection logic)
- Exit/bracket controls and strategy restart/mismatch handling (described as part of the protective/subsystems)
- Strategies configuration, noting that up to four strategies can run per symbol
- Entry/exit time controls (when strategies trade during the day)
- Auto-start strategy (mentioned as an advanced feature for later discussion)
Example 1: Setting Default Bar Type (Chart Timeframe)
The tutorial demonstrates opening the Bar Type sub-form and changing the default bar setting for all symbols:
- Starts at 5 minutes
- Then changes to 10 seconds
- The console updates to reflect the change in real time
Bar Type Options Shown
You can choose among many bar types, including:
- Tick / volume
- Daily / weekly / monthly
- Price-activity based bars, such as:
- Kagi
- Line Break
- Momentum
- Point & Figure
- Renko
Dynamic Menu + Required Attributes
- The menu updates dynamically when switching bar types.
- For example, switching to Point & Figure changes the required attributes shown.
Chart History Controls
At the bottom of the form, the user can set:
- How much historical data is generated per symbol chart
- Why it matters: some strategies require prior history for calculations
- How to specify history:
- By years/days, or
- By number of bars (depending on bar type)
Example 2: Enabling/Disabling Protective OCO Exit Brackets by Default
The tutorial highlights checkbox behavior:
- If the protective OCO exit brackets checkbox is checked:
- It highlights (green) to indicate the default will include them
- If unchecked:
- No symbols start with protective OCO exit brackets
Defaults apply to all symbols initially, and you can later customize per symbol.
Finalization: What Changes in the Console
- After choosing defaults, the user clicks finalize default settings.
- Returning to the trading console shows settings moving from “default” to “customize”.
- This indicates the system is ready for individual symbol tailoring.
Main Speaker / Source
- Dave Kung — Emerald Trading Technologies