Skip to main content

​
Finding the Algorithm

Hextrade offers a comprehensive array of algorithms ready to use on any of your connected broker accounts. Browse free algorithms and premium options, evaluate performance metrics, and connect with a single click. Browse all available algorithms at HexTrade Algorithms →

​
Algorithm Metrics

Each algorithm on the Algos page displays key performance data to help you choose the right one:

APY

Annual Percentage Yield — The potential annual return based on the algorithm’s historical performance.

Win Rate

The percentage of trades that closed profitably. A higher win rate indicates more consistent results.

Total Trades

Total number of trades executed by the algorithm. Higher volume gives more statistical confidence.

Total P&L

The algorithm’s cumulative Profit & Loss over its lifetime — a key indicator of overall performance.
Many additional metrics are available on each algorithm’s detail page — including drawdown, average trade duration, and more.

​
🆓 Free vs. Premium Algorithms

TypeCostHow to access
Free algorithmsNo chargeAvailable to all users. Connect directly from the Algos page.
Premium algorithmsSubscription feeRequires an active subscription. See Subscriptions.

​
Connecting an Algorithm to Your Account

1

Browse the Algos page

Visit dash.hextrade.io/algos to see all available algorithms.
2

Evaluate the metrics

Review APY, win rate, total trades, and P&L. Click “View Details” for a full breakdown including open trades, recent transactions, and supported platforms.
3

Check supported platforms

On the detail page, verify the algorithm supports your connected broker (e.g. ProjectX, Tradovate, Tradier).
4

Navigate to Connected Accounts

In the algorithm’s detail page, go to the Connected Accounts section.
5

Link your account and set risk

Select the account you want to run the algorithm on.Configure risk settings carefully — each algorithm has guidance on appropriate position sizes.
Exercise extreme caution when using mini contract sizes — they carry significantly higher risk than micro contracts. Always ensure your risk management strategy is robust and tested before going live.
6

Automation begins

Once set up, Hextrade automatically executes trades based on the algorithm’s decisions. Monitor performance in Analytics.
Setting up an algorithm on Hextrade

​
️ Risk Management

Trading involves risk. Past algorithm performance does not guarantee future results. Always:
  • Start with micro contract sizes before scaling up
  • Review the algorithm’s drawdown history
  • Never risk more than you can afford to lose on any single account
  • Monitor your account regularly, especially in volatile markets

​
Tips for Choosing an Algorithm

  • Higher win rate + solid P&L — Look for algorithms with both, not just one.
  • Volume of trades — More trades = more statistical confidence in the metrics.
  • Platform compatibility — Ensure the algorithm supports your broker.
  • Risk level — Match the algorithm’s risk profile to your funded account rules.
  • Free first — Try free algorithms before committing to premium ones.