Automated Trading with xAlgorithm
xAlgorithm is the Xtreders automated trading engine. It lets you set up rule-based trading strategies that execute automatically on your MT4/MT5 account.
How xAlgorithm Works
- You define trading rules (entry conditions, exit conditions, risk parameters)
- xAlgorithm monitors the market in real-time
- When conditions are met, trades are placed automatically on your account
- Positions are managed according to your stop loss and take profit rules
Strategy Configuration
Each xAlgorithm strategy includes:
- Instruments: Which symbols to trade
- Entry Rules: Conditions that trigger a new trade (technical indicators, price levels, time-based)
- Exit Rules: When to close positions (target hit, stop loss, trailing stop, time exit)
- Position Sizing: Fixed lot, percentage of balance, or risk-based sizing
- Risk Controls: Maximum open trades, daily loss limit, drawdown protection
Monitoring
Track your algorithm performance in real-time:
- Active strategies dashboard
- Trade history and statistics
- Performance metrics (win rate, profit factor, drawdown)
- Start/stop strategies at any time
Getting Started
- Navigate to the xAlgorithm section
- Create a new strategy or use a template
- Configure your rules and risk parameters
- Test on a demo account first
- Activate on your live account when ready
Important Notes
- Always test strategies on a demo account before going live
- Past performance does not guarantee future results
- Set appropriate risk limits to protect your capital
- Monitor your strategies regularly, even when automated
