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Elev8+ Trading

Automation Playbook

Futures Automation Guides: Connections, Testing and Risk

Understand broker connections, position sizing, and order checks before running automated strategies. Use these guides to prepare the questions that matter.

  • Deploy in phases instead of all at once.
  • Use fixed risk math for every trade.
  • Compare supported accounts, setup steps, and monitoring tools.

Guides In Hub

13

Step-by-step guides to help you prepare, practice, and review.

Best Use

Account setup and risk checks

Start with the topic you need, then follow the related guides.

Elev8+ AutoTrader robot illustration

Elev8+ AutoTrader robot illustration.

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Review how AutoTrader works, then learn about account connections, position sizing, and monitoring.

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Understand the automation before you connect an account

Get AutoTrader Explained: five emails covering AutoTrader and Hybrid, broker connections, an example trade, and how to interpret the backtest. See what the software does and what you still control.

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Suggested Learning Path

Guides

Choose the question you want to answer

Explore Futures Trading Bots: Choosing and Running a System

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Risk Sizing Tool

MNQ Risk Calculator: Estimate Your Contract Size

Calculate MNQ contract size from stop distance, dollar risk, and estimated costs. Work through sizing examples and see why a prop account balance is not its risk budget.

  • Start with risk budget.
  • Convert stop to dollar risk per contract.

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Educational Guide

Choosing a Tradovate Trading Bot: What to Check

Before choosing a Tradovate bot, check how it connects, submits orders, manages exits, and reports errors. A compelling results chart is only one part of the review.

  • Start with one setup model and strict risk limits.
  • Check entry, stop, and exit orders before increasing contract count.

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Tradovate Setup

Tradovate AutoTrader Setup: Connection and Order Checks

Check the account connection, demo or live environment, contract count, and exit orders before enabling a strategy. Setup errors and strategy losses are different problems.

  • Separate connection checks from strategy tests.
  • Start with minimal size.

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Educational Guide

Tradovate API Automation: From Signals to Orders

An API lets software communicate with a trading account. Reliable automation also needs account permissions, order tracking, error handling, and risk checks.

  • Treat API access as infrastructure, not strategy edge.
  • Separate signal generation from execution safeguards.

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Rithmic Setup

Rithmic Automation Setup: What to Verify First

Review account compatibility, connection permissions, and order behavior before using Rithmic for automation. A platform guide is not a promise of Elev8+ support.

  • Confirm connection stability first.
  • Use strict risk caps during launch.

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Educational Guide

TopstepX Automation: Account Rules and Setup Checks

Check whether your account permits the automation you intend to use. Verify current connection support and provider rules before testing a strategy.

  • Design around current account and platform rules.
  • Use TradingView signals only with strict filter and risk layers.

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Bot Risk Controls

Futures Bot Risk Management: Limits and Monitoring

A trading bot can follow its rules and still lose money. Review position size, loss limits, exit orders, and your response to a connection or order problem.

  • Review limits for each trade and the trading day.
  • Know how to stop new entries and close positions.

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Evaluation Framework

Backtests vs. Live Trading: How to Compare Results

A backtest simulates trades using historical data. Compare its assumptions, costs, and drawdowns with actual trading records before drawing conclusions.

  • Document assumptions first.
  • Check how actual trades differ from the backtest.

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Platform Comparison

Tradovate vs. Rithmic for Automated Futures Trading

Compare account access, supported software, order handling, and monitoring needs. The right connection depends on the account and strategy you plan to use.

  • Optimize for operational fit.
  • Test with a small contract count first.

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Elev8+ product guide

Elev8+ AutoTrader Explained: Strategy, Setup and Control

Understand the steps between an AutoTrader strategy signal and a broker order, what you control, and what to check before enabling automated trading.

  • Keep strategy selection, account selection, and contract size explicit.
  • Check actual broker positions and orders, not only strategy signals.

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Elev8+ product guide

How Hybrid Trader Selects Morning Futures Trades

Learn how Hybrid Trader approaches continuation, reversal, and skipped sessions after the New York open, and what to review before choosing the strategy.

  • Hybrid considers morning continuation and reversal conditions.
  • A skipped session can be an intended strategy outcome.

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Free educational calculator

Trailing Drawdown Calculator: Intraday vs End-of-Day

Compare remaining drawdown under simplified intraday, end-of-day, and static rules. Change the account values to see why balance alone does not tell you your room to lose.

  • Balance, equity, drawdown allowance, and remaining room are different values.
  • A trailing floor depends on the relevant historical peak, not just current balance.

Next Step

Want to see how AutoTrader works?

Review AutoTrader features, connection requirements, and pricing. Market Health is a separate tool for reviewing the market.

Platform setup comparisons

Risk settings and testing checklists

Explore Elev8+ AutoTrader Use Free Market Health Dashboard

Use Market Health separately to review conditions and key levels.