Frequently Asked Questions – Platform

Does each strategy’s performance include consideration of the spread and the automation fee or are the profits “gross” profits before spread and fees are taken out?

The automated strategies we provide are all designed to only close trade sequences once a total net profit target is met. Therefore, the cost of the automation fee and the spread are covered by the market and the trader does not effectively experience these costs.

Where can I get a copy of the platform?

There are two ways to get access to the platform. You may either access the platform for strategy evaluation purposes by going to the Results Page of the website and registering for access, or you may complete an application for a live trading account, at which point we will send you the download link. Additionally, traders will find the platform download link in their Trader’s Room once they have completed a live trading account application.

How do I log in to the platform?

To access the platform, after the download:

1. Click on the Platform Icon on your computer (4X-DAT For Automata FX),
2. Review the disclaimer and scroll down to the bottom of the Disclaimer
3. Type “I AGREE” (in capital letters) in the space provided,
4. Click the “ACCEPT and AGREE” button,
5. Fill in the account login and the password in the login box, (Note: If you are evaluating the strategies that we offer, you will need to input the name of the strategy into the login and password boxes (i.e. HD1). Please note that these must be input in all caps, exactly as shown on the website. If you are logging into your own active trading account, you will need to enter your account number as the login, and input the password you provided to us when you completed your application, in the password field)
6. Check “live” server,
7. Click the “Log in!” button.

Where can I find the account’s current value?

Once you have logged into the account through your platform, you will need to open the Broker Module and add the current dollar amount from the Cash Window to the dollar amount from the Floating P/L window.

How can I review all of the trades?

To view closed trades once you have logged into the account in the platform, you will need to click and open the Closed Deals window. From here you will need to click the History Button and select which currency pairs you would like to see by moving the selected symbols into the selected symbols category, or, you may select all pairs by clicking the “All” button. Then you can further specify a date range, or leave these selections blank in order to see the entire history of trades.

To view trades that are currently open, simply click the Open Deals button and select the Global Open Deals window. Here you will see all of the trades that are currently open, a summary of the performance of the open trades in the middle window, highlighted either in green if the sum is in profit or red if the sum of the trades is in drawdown. Below this you will find a summary of the total position size in each currency pair and in each direction the pair is being traded. The boxes at the top of the open deals window will show you the various profit parameters that will trigger the “Close All Deals” or “CAD” function. To learn more about the functions of the open deals and closed deals windows, please be sure to view Video 5 of our tutorial video series located on the Platform Tutorials Page.

What does “Close All Deals” or “CAD” mean?

“Close All Deals” or “CAD” is a function within the Open Deals Window of the platform. The CAD function will trigger when all of the trades in the current trading sequence have hit a combined profit target. The CAD function tracks all of both the open trades and closed trades in the current trading sequence. Once the CAD function is triggered, all open trades are closed and moved to the closed deals window and a new trading sequence begins.

What is an “Orphan” Trade?

An “Orphan” trade is a trade that has been opened by a harvester but was not closed by the harvester. This happens when various market conditions have triggered a closing of the harvester and any trades associated with the harvester that have trailing stops in place, while a trade that has not hit a point in profit where it is protected with a profit stop, is left open. The trade that is left open is referred to as an “Orphan” as its harvester family is now gone. At this point the trade is no longer managed by the harvester but is still managed by the Open Deals window. See the short video below, illustrating how an Orphan Trade may be created.

What does the Harvester Module do and what is a “Harvester”?

The Harvester Module is the component of the 4X-DAT where we construct our automated strategies. A Harvester can be defined as a group of orders which work together in executing a broader trading strategy for each pair we wish to trade. In other words, every harvester we create is a sequence of trades that belong in the same family. The sequence of trades in each family are created by the same conditions and governed by the same parameters and functions that we select for that particular harvester. All trades within a particular harvester are managed in exactly the same way. Some strategies may require only a few harvesters while others may require dozens of harvesters depending upon the complexity of the strategy.

Will the Automata FX Platform work on any operating system?

The platform is currently only supported by Microsoft Windows. Apple-MAC users will need to download and install a Windows converter on their MAC. We recommend Virtual Box, which is free, open source solution offered by Oracle. Click here for more information.

Where can I change color settings or see what the current colors of trades mean?

The Settings Module in the platform is where you will find the color settings in the software and color settings for trades that are opened based on the various functions within the software.

In the Settings Module I see a setting called “Max Margin”. What does this mean?

The Max Margin Setting is where a trader may determine the maximum amount of margin that they want to use to open trades. This has a default setting of 40%. The trader may choose to change this, however, please be aware that increasing this level will make a strategy more aggressive while decreasing it will make a strategy more conservative. As a trader’s margin comes within 5% of the selected Max Margin setting, the platform will automatically seek combinations of losing trades and winning trades that it may pair up and close with a combined profit in order to free up margin in the account.

Can I make changes to my strategy while it is trading?

It is not advised that you change any of the functions while the 4X-DAT platform is in the middle of a trading cycle. The idea is to set it, and let the software do what it needs to do to reach the designated profit. The worst thing a trader can do is to “manually” interfere with the platform while it is trying to execute an automated strategy. This will result in an interruption of the currently running algorithms and potentially negatively impact the performance of the strategy.

Does the platform apply compounding, or increase the size of trades, profit targets etc. as the account size grows?

Not at this time, however, we are considering implementing this at some point in the future. If a trader would like to increase trade sizes etc. once their account has grown significantly or after they have withdrawn some available capital, they may email us at and inform us of their intention to alter the basis of the strategy to reflect the change in capital.

Do I need to invest in my own servers, pay for VPS, or leave my computer on 24 hours a day for the 4X-DAT Platform to execute my strategies?

No. Unlike most other automated trading systems like EAs, trading “robots” etc., our platform runs on our servers at no additional cost to our clients. You can shut your computer down at any time and never have to worry about missing trading opportunities.

If I have a managed account, where will I be able to see the trading activity and performance results?

Managed Account holders will be able to review their deposit information and MONTHLY performance results within the Closed Deals Window of the 4X-DAT Platform. Because the account is being managed by our traders the individual trades will not be shown, however, monthly performance results will be provided on the 15th of each month, within the Closed Deals Window. If you are not sure how to access the Closed Deals Window, review Question 5-“How can I review all of the trades”.

Can I add or delete features or functions on the 4X-DAT Platform?

You will not be able to change the features offered within the platform. Remember that the 4X-DAT Platform offers over 38 million unique configurations based on the current features it offers.

When the text in the open positions is colored green (using default color scheme) what does this mean?

The green font color on trades in the Open Deals Window identifies what we call “free positions”. These are trades/deals that have been protected with a profit stop and under normal circumstances will not become losers.

What is a drawdown and how do the pre-built strategies handle drawdowns?

Let’s imagine that you have opened some trades in a particular currency pair. Now let’s say that the market for your currency pair has turned against you and the value of that currency pair has diminished significantly. This is what is commonly referred to as a drawdown. At this point you haven’t actually lost anything yet, but now you have a choice to make. You can choose to accept the loss and liquidate your inventory of trades now, and in this case you will have to start building a new position, but with less capital with which to work, or, you can take our approach. Our approach is to hold onto our inventory of trades and add to it with new trades that will increase the value in the entire inventory. If you take our approach and allow our strategies to work, the strategy will only liquidate your inventory when the combined value of the entire inventory is profitable again. The equity in your account, therefore, is treated as the capital needed to grow your business and create opportunity for you to sell your inventory at a profit. Now, while it is true that many times the market continues in the direction of our initial trades and we book profits quickly and easily in those situations, we prefer to trade with the assumption that this will not be the case, and that we will need to use our equity to recover from drawdowns rather than accept losses. This approach requires patience and, quite frankly, it can be a bit unsettling at times for traders who are new to this approach. So at this point, you need to ask yourself… “am I the type of person who can handle seeing my account drawdown significantly as the automated strategy works to add to the inventory to save me from having to take a loss?” If that sounds like something that may keep you up at night, perhaps our Managed Account is more suitable to you. Click here to learn about our Managed Account.

High Risk Investment Warning: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss in excess of your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose. Before deciding to trade the products offered by Automata FX Ltd. you should carefully consider your objectives, financial situation, needs and level of experience. You should be aware of all the risks associated with trading on margin. Automata FX Ltd. provides general advice that does not take into account your objectives, financial situation, or needs.The content of this Website must not be construed as personal advice. Automata FX Ltd. recommends you seek advice from a separate financial advisor if you have any doubts.