Trade Management

Overview

Designing a Strategy

Cyborg allows the trader to create very sophisticated strategies using a strategy template called the Allocation Tree. The Allocation Tree allows the trader to create a strategy once, and then re-use it under very different market conditions. A single strategy can be split into many different entry orders, each having many different exit strategies. Trade management components can be added to any entry or exit partition, creating very sophisticated strategies. The strategy template is easy to use and requires no programming, yet still gives the trader unlimited flexibility in strategy design.
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Launching a Strategy Template

Strategy templates are extremely versatile, because the trader can launch them in many different ways:

• Assign a strategy to a hotkey and when pressed, the next order entered in the market will become managed by Cyborg. This allows the trader to react to sudden changes in market conditions, yet still retain the ability to add trade management to orders.
• Launch a strategy from a level management window, so pre-planned trades are never forgotten.
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• Group strategies together in a basket and launch many strategies at the same time.
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• Execute a strategy from an alert generated from one of the connecting signal providers.

Interacting with a Launched Strategy

With Cyborg, the trader is always in control of a strategy. Strategies are designed to adapt to the trader, and work in conjunction with their style of trading.

• Cyborg will automatically adjust profit/stop quantities whenever a trader manually exits part of a position.
• Canceling orders placed by Cyborg will automatically stop a strategy.
• Each strategy can be individually flattened or stopped from a strategy management window.
• Master kill switches allow the trader to flatten or stop everything at once.

Trade Management Components

Triggers

Cyborg can watch the market for very specific market events to occur before executing a trade. For example, Cyborg can watch market depth and volume information at a specific price and only execute a trade once certain volume/depth thresholds are crossed. Using trigger conditions allows the trader to react to market events much faster than manually entering an order. Triggers are used to create smarter stops and entries, so the trader does not need to constantly monitor market data.
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Time Conditions

Time conditions are used to modify a trading strategy after a specific amount of time has expired. Time conditions can be attached to entry orders, so that they expire and are cancelled after a specified period of time. Time conditions can also be used to exit a trade, if profits or stops are not filled before the desired time has expired.

Order Replenishment

The Replenish function will automatically refresh entry orders as profit orders are filled. A specific number of cycles can be used with replenish, so the trader can tweak the number of times the process is repeated.
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Advanced Trailing Strategies

Custom trailing strategies can be attached to both profit and stop orders. Each trailing strategy can be highly customized:

• Use price offsets to specify how much the market must move before any orders are moved.
• Specify how far orders are moved once trailing conditions are met.
• Trail orders based on charts.
• Move orders a specific distance above or below a chart candle.
• Use proprietary Cyborg trailing algorithms.

Order Customization

Cyborg Orders can be customized to use any destination or exchange available through the connecting platform. Orders can also use various time in force conditions and can be marked as hidden or iceberg. With Cyborg, there is never a sacrifice in order entry options.