We launched the Proteryx website and have been providing systems to retail users since 2020. Proteryx has been creating algorithmic trading strategies since 2015. However, with new technology making it more and more affordable for retail traders to have their own automated system, we have made the push to provide this software to retail users and small money managers to level the playing field with the greedy under-performing hedge funds.
You choose a compatible broker. If you host on Proteryx servers you do not have to do anything but login to your server any time to view your winning system. We will setup an individual VPS for you and you will log in to your platform and we will connect the systems. 100% support is provided every day.
Your Proteryx systems are loaded into automated software. The systems generate trading orders automatically which are then transmitted in real time to your broker. The broker then executes the orders. Each system will manage all aspects of the trade for you automatically, from entry to exit.
The systems are dynamic and not static meaning they react to live data coming into the market. Before any trade is placed the systems calculate the risk and expected payoff and will always have dynamic stops and targets in place.
Many of our users are day traders so they like to view systems running on a chart in real-time. you can easily run your system on live charts. You will be able to see your system live trading positions, open profit and loss and also the ability to manually exit positions. It is like viewing somebody else trade for you.
We set up your server which you can log in to 24/7, there you can see all trades and orders easily and which systems are trading in an organized manner on one screen.
Individual unique server is located nearest to your broker trade server to provide exceptional execution speeds and very low latency. The better execution leads to more profits and less slippage.
We are constantly creating new automated systems which we will add to the portfolio with no fee. However, we do not optimize our systems. Vendors who optimize their systems every couple of months use indicators and pretend what would have been the best trade to make. A system that needs optimizing means a losing system.
Proteryx users trade all systems with their chosen position size e.g. 1 Emini contract for a minimum $35K initial capital. Every user chooses their own contract size based on these minimum guidelines:
One contract is the smallest position that can be traded in Futures markets
The user must choose their contract sizing by themselves as Proteryx do not manage money.
Each user has a different risk propensity, some users might trade 1 contract for $100K while others might choose to trade 5 contracts for $100K
We recommend a minimum of $35k per contract for full emini contracts.
We recommend a minimum of $15k per contract for micro contracts
Overnight trading is substantially riskier as trading a very large pooled number of contracts (large trading size) makes almost impracticable to exit positions during the very low liquidity overnight future markets. It means that if you were to exit a large position overnight, you would suffer extensive slippage on markets such as Nasdaq Futures and Dow Jones Futures.
Proteryx algo systems are day trading only, as holding overnight negates the initial positive expectancy on the entry and exit. The longer the trade, the more trivial the entry become and the ability to have a large trade sample is greatly diminished when creating the initial system.
System providers who display overnight systems have often never traded a large position size and often create only backtests based on highly liquid scenarios which are misleading and distorted in reality.
Users must pay for Multicharts by themselves. Multicharts software costs roughly $66 per month for a yearly subscription. Proteryx pays this cost when fees are due as we deduct this charge from fees owned when we do the maintenance fee calculations.
Only you are responsible for logging into the broker software on the server. We do not need your broker credentials, so please keep them safe and do not share them.
The current portfolio uses market orders because the number of pooled contracts is large and it would be detrimental to show this order on the visible trade book, other competing algo systems will always target large resting limit orders for liquidity purposes. There is also a tradeoff between more slippage with market orders but the guarantee of entry. Limit orders might have no slippage but you are not always certain to be filled, we have a large pooled order which would most certainly lead to partial fills for many users in most markets.
We work on a tick by tick basis and limiting slippage and fast execution is always our priority. We work on this constantly and we are monitoring every metric to ensure slippage is checked. The systems will seek liquidity and fire orders when the right liquidity conditions are met, they will attempt to achieve positive slippage in certain trades. Slippage and transaction costs are the number one reason why we don’t trade more frequently during the day session, liquidity and scalability is paramount when running a large number of pooled contracts.
On the ES you will rarely get more than 1 tick per trade and that is on over 300 lots/contracts. Someone trading 1 lot/contract with the right execution should get close to zero slippage on the ES,NQ and YM. On the NQ and YM with a large market order you might get 2 to 3 ticks slippage on entry and exit as an average over 100 trades, this is one of the challenges when trading a large contract size and not one lot/contract.
The servers have 99.9% uptime. We have backup servers for each user. Please keep in mind, our systems are day trade only. We have zero correlation on each trade. This means you can never have more than one trade in the same direction. Our technicians will monitor the server for you each and every day at no cost. If there are any issues (very rare during the day trading session) e.g. Tradestation/Interactive Brokers crash or disconnection we will alert users via their preferred method of communication. We have server monitoring software also installed so we are alerted instantly should any issue arise with your platform data, server, connection etc.
For users with $35K initial capital and more, we trade ES,YM,NQ,RTY. For users starting capital with less than $35K, we trade MES, MYM, MNQ and M2K. Day trade margin only.
Our website has been recently updated with a reflection of current COVID-19 situation. However, our priority is systems development and portfolio management rather than marketing. We do not actively seek to add new users – we are referred due to the achievement of the portfolio. We provide the major website updates when the new system is incorporated into the portfolio.
CBOT, CME, NYMEX
You do not need a UK or a US account. The majority of our users are from the US. You only need a compatible brokerage account and you can subscribe worldwide.
Proteryx does not handle money. You will use your own brokerage account so you have full control over your account and capital, we recommend Tradestation or Interactive Brokers. You can add funds, withdraw funds or halt trading anytime, as it is your brokerage account. Proteryx has no control over your brokerage account.
Proteryx has posted its backtested performance***. Satoro Bot has outperformed S&P 500 16 years out of 21 on a backtesting***
Proteryx had only 2 losing months in 2021 and zero in 2022.
However, keep in mind that futures trading has large potential rewards but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures markets. Do not trade with money you cannot afford to lose. The past performance of any trading is not necessarily indicative of future results.
Proteryx does not have any fixed monthly fees. We pay for your server, hardware and software from our pocket.
Proteryx is now offering a FREE One-Month Trial for the New Year. After a strong 2022, we have every confidence in the performance of our Algo Trading System. Trial our 100% fully automated system for free to see the results for yourself.
Absolutely not. Algorithmic trading in the Emini Futures market on a relatively short-term basis should be considered a risky investment**. Proteryx is not registered CTAs (Commodity Trading Advisor) and can not provide advice unique to your situation. Consult a professional to discuss your specific investment objectives and to determine if our algorithmic trading systems can provide a role in working towards those goals.
Please do not trade our algorithms if you do not have adequate risk capital to allocate towards them.
No, Proteryx cannot guarantee that you will make money every month**. The posted trading result is backtested and is not representative of future performance***.
No, pursuant to CFTC Rule 4.14(a)(9)(ii) we are not required to register under the Act as a commodity trading advisor.
A person is exempt from registration as a CTA if “it does not engage in . . . providing commodity trading advice base on, or tailored to, the commodity interest or cash market positions or other circumstances or characteristics of particular clients.”
Yes, Proteryx offers exclusive opportunity to try our algorithmic trading systems One Month For FREE.
After a strong 2022, we have every confidence in the performance of our Automated Trading Systems. After your free trial, we offer favorable pricing to limit fees relative to starting capital. We pay for server maintenance and software monitoring!
initial captial requerimients
You can start with $15k initial capital all the way to 3 million. We will set up your systems with markets listed below relative to your account size. User has the ultimate choice over the number of contracts traded. See performance expectations on initial capital listed below:
hosting with proteryx
No connection issues. Hosting with Proteryx means 99% uptime. User can log in as much or as little as he wants – everything will work flawlessly either way.
We ensure the software is working correctly every day. We monitor systems in real time and provide numerous fail-safes to ensure no errors occur.
We set up everything. No hardware costs for the user. No internet costs or expensive monitoring software required. Simply log in and view your profits.
Anywhere.Anytime. Our users have access to their unique server 24/7. The server can easily be accessed via PC, Mac, Tablet or event Smartphone. The systems can be turned on and off when the user decides.
Speed. Servers we provide are fast with high spec. Strategic server locations – order fills latency can be less than 1 millisecond in many cases. We fire orders at high speed to ensure slippage costs are limited. The difference between precisely organized automated hardware and software execution relative to human trading is day and night.
compatible brokers
TradeStation or Interactive Brokers
We recommend Interactive Brokers as the best broker/software with TradeStation being a close second place - both are excellent brokers with competitive commissions, the platforms are very stable and work well with automated trading systems.
PROTERYX systems are compatible with numerous brokers, including OEC, Interactive Brokers, AMP, Tradestation, Dorman Trading, Futures Online etc.
You use your own broker so you have the complete day to day control over your own account. Don’t give away this control to an underperforming fund manager as they will often tie you up for a year or two; we believe every investor should have access to their money at any time!