If you're experiencing issues with your auto trader and need clarity on why it is failing or not executing trades, the Automation Transparency page offers a detailed breakdown of your auto trader’s actions and decisions. Here’s a step-by-step guide to help you understand how to use this tool to troubleshoot and optimize your auto trader.
Step 1: Access the Transparency Page
Open the platform where your auto trader is running.
Click on your profile image located in the top corner of the page.
From the dropdown menu, select Transparency Page. This will open the page where you can view the execution history of your auto trader.
Step 2: Understand the Data
The Transparency page displays whether your auto trader's actions have passed, failed, or entered a trade. Here, you can see:
Passed: The trade followed all rules and executed as expected.
Failed: The trade did not meet the necessary criteria and didn’t execute.
Entered: The trade was placed successfully.
By examining this information, you can quickly spot patterns or errors in your auto trader’s performance.
Step 3: Review the Execution History
On the page, you’ll be able to see details about:
Entry Rules: What conditions the auto trader checks to decide whether to enter a trade.
Management Rules: How the auto trader manages trades once they’re placed.
Buying Power Limit: The available balance or funds in your account needed for new positions.
If any step fails, a checkmark will indicate what went right or wrong. This information will pinpoint which rule caused the failure.
Step 4: Investigate a Failed Trade
If your auto trader failed to execute a trade, you will see a detailed note explaining why. For example:
If the Buying Power is the issue, the transparency page will indicate that your account's buying power exceeded the limit for new positions.
This failure typically happens if you have too many open positions or insufficient funds in your account to enter a new trade.
Step 5: Fix the Issue
Once you identify the cause of the failure, take appropriate action. For example:
Increase Buying Power: If your buying power is insufficient, add more funds to your account to allow your auto trader to execute trades as expected.
Review Other Rules: Make sure all your entry, management, and other rules are set up correctly.
Step 6: Monitor Future Trades
After resolving the issue, continue monitoring the Transparency page to ensure your auto trader is executing trades correctly. If you encounter further failures, the Transparency page will provide helpful notes to guide you toward further fixes.
Conclusion
The Automation Transparency page is a powerful tool for understanding the performance of your auto trader. By following the steps above, you can quickly diagnose issues, such as failed trades due to insufficient buying power, and take action to optimize your settings for better results. Keep an eye on this page regularly to ensure smooth and efficient auto trading.
TERMS OF SERVICE: Please be aware that continued use of the Options Auto Trader is subject to our Terms Of Service. If you have any questions or wish to review these terms, feel free to visit the website.