Welcome to Algo Pilot! We’re glad you’ve decided to take the first step to automate your trading experience. Whether you’re a seasoned algo trader or a beginner, our mission is to make algo trading as simple as possible. We’ve condensed everything complicated about algo trading into a very simple interface. Let’s get started.
We’ve divided the algo building process into three parts, selecting assets, building rules, and settings.
Assets are simply the things you want to trade. These can include stocks or cryptocurrencies, or both!
Rules are what your algo uses to make decisions. For example, maybe you want to buy Apple when the RSI is < 30 and the time is < 12:00pm while the price is below the 20 SMA. Or maybe you want to sell BTC/USD when MACD crosses bearish. The customization is endless and entirely up to you.
Settings tell your algo how it should run.
Timeframe
Your algo timeframe controls when your algo is executed. Options include: Minute, 5-Minute, 10-Minute, 15-Minute, 30-Minute, Hourly, and Daily.
Investment Amount
Your investment amount controls how much money is invested in each trade. The value can either be in dollars or percentage of available cash.
Head over to Backtesting to learn how you can start your first backtest!
How many assets can I add?
The Standard plan can add up to 10 assets per algo, while the Ultimate plan can add up to 100 assets per algo.
Can I mix different asset classes together?
Yes, a single algo can trade multiple asset classes. But the assets are bound to their respective trading schedule. For example, cryptocurrencies will be evaluated 24/7 whereas stocks are only evaluated during normal trading hours.
Can I go short?
No, you can only go long at this time.
Does the algo buy fractional shares?
Only when purchasing cryptocurrencies. When purchasing equities, the algo will buy as many full shares as possible, up to the investment amount.
Algo PilotTM is a US based technology company and not a bank, broker-dealer, or RIA. As such, Algo Pilot LLC does not provide investment advice and is not a member, SIPC. Brokerage services offered by 3rd parties are not directly affiliated with Algo Pilot LLC, and Algo PilotTM users may choose the broker relationship that they desire. Algo Pilot's Algo Builder is Patent Pending with the USPTO.
Past performance, whether actual or indicated by historical tests of strategies, is not a guarantee of future performance or success. Investing in stocks, futures, options, currencies, cryptocurrencies, and other financial vehicles involves risk. Investing in securities involves potential loss of principal. Trading in options or security futures involves a high degree of risk and investors may lose more than their initial investment; options trading is not suitable for all investors. Before trading, please read all applicable risk disclosures such as Characteristics and Risks of Standardized Options disclosure from your broker.
