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 →[GIF placeholder: Finding and comparing 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
| Type | Cost | How to access |
|---|---|---|
| Free algorithms | No charge | Available to all users. Connect directly from the Algos page. |
| Premium algorithms | Subscription fee | Requires an active subscription. See Subscriptions. |
Connecting an Algorithm to Your Account
Browse the Algos page
Visit dash.hextrade.io/algos to see all available algorithms.
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.
Check supported platforms
On the detail page, verify the algorithm supports your connected broker (e.g. ProjectX, Tradovate, Tradier).
Navigate to Connected Accounts
In the algorithm’s detail page, go to the Connected Accounts section.
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.
Automation begins
Once set up, Hextrade automatically executes trades based on the algorithm’s decisions. Monitor performance in Analytics.
[Image placeholder: Algorithm detail page with connected accounts]
️ Risk Management
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.