Enhancing ATAS Trading Platform with Customizable Exit Strategies

Currently, users have to set up their exit strategies manually each time they want to use a different approach. I propose implementing a feature that allows users to create and store multiple types of exit strategies, which can then be easily accessed and applied via a dropdown menu.

The primary goal of this feature is to streamline the trading process and improve efficiency for traders using the ATAS platform. Here are the key components and benefits of implementing this feature:

  • Customizable Exit Strategies: Users should be able to define various exit strategies based on their trading preferences and risk tolerance. This could include stop-loss (SL) and take-profit (TP) levels, trailing stops, time-based exits, and more.

  • Save and Manage Presets: Once a user creates an exit strategy, they should have the option to save it as a preset. These presets can be named and managed by the user for easy access later.

  • Dropdown Menu Integration: Integrate a dropdown menu within the platform's order entry or trade management interface. This dropdown will list the saved exit strategy presets, allowing users to select and apply them to their trades effortlessly.

  • Auto-populate SL/TP Fields: When a user selects a preset from the dropdown menu, the corresponding stop-loss and take-profit levels should automatically populate the respective fields in the order entry form. This reduces the chances of manual input errors and saves time during trade execution.

  • Flexibility and Adaptability: Traders often use different exit strategies based on market conditions, asset volatility, and trading objectives. Providing this flexibility within the platform empowers users to adapt quickly to changing market dynamics without having to reconfigure settings repeatedly.

  • Enhanced Trading Experience: By simplifying the process of applying exit strategies, traders can focus more on analyzing market trends and making informed trading decisions rather than spending time on repetitive setup tasks.

Implementing this feature aligns with ATAS's commitment to delivering a user-friendly and efficient trading platform. It enhances the platform's functionality and caters to the diverse needs of traders across various asset classes and trading styles.

I believe that integrating customizable exit strategy presets with auto-population capabilities will be well-received by ATAS users and contribute positively to their overall trading experience.

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Upvoters
Status

In review

Board

💡 Feature Request

Date

Almost 2 years ago

Author

SALMAN SARWAR

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