Exits the way traders really manage them
- Stops in points, as a multiple of ATR, or on the play's own line
- Targets as a multiple of the stop, or in points
- Trailing stops on ATR, on points, or riding an indicator such as Supertrend or Parabolic SAR
- Your costs taken off every trade, so the result is honest
Live trading, on your terms
Live trading only happens on a play where you switch it on, and only inside the guardrails you set for it. You can switch it off at any time, and you remain responsible for every trade. Read the risk warning before you use it.
Questions traders ask
Do I need to code to build a strategy?
No. Every step in Playbook is a plain sentence picked from menus. There is no code and no scripting language to learn.
Can Playbook place trades for me?
Yes, if you switch live trading on for a play. It then places trades on your linked broker account, inside guardrails you set, and you can switch it off at any time.
What does Mentor's Tune do?
It reruns your play with dozens of single changes and keeps only those that did better in both halves of the history and with extra slippage. It then combines the best ones into a tuned version.
Does a good backtest mean the strategy will make money?
No. A backtest shows what a play did on past candles, not what it will do. Test over a long history, include your costs, and start with alerts or paper trading before trading live.