The PRX Automated Strategy enables you to trade fully automated using a customized configuration of the PRX Crypto System tailored to your preferences.
You select the instrument, time frame, position sizing, and various other parameters, while the software executes the trades for you.
Best of all, you’re not limited to a single configuration of the PRX System - a single subscription to the strategy allows you to trade multiple configurations simultaneously, maximizing your trading potential and adaptability.
The PRX Automated Strategy operates on TradingView and sends API orders to your broker through a third party service called SignalStack.
Once the system is set up and running, your computer doesn’t need to remain connected to the internet or even be powered on.
You can monitor your trading from your phone and stop the system anytime with a single click.
In this 3-minute case study video, we provide a breakdown of how we have configured the PRX software in our own personal trading.
We showcase two system configurations, each with an SQN of 4.8, that have collectively generated nearly 400R in backtests over the last four years.
* For educational purposes only. This is not a recommendation, advice, a guarantee of performance, or a solicitation to buy or sell any security.
In this 5-minute video, we take you on a guided tour of what it looks like to trade with the PRX Automated Strategy. You'll get an inside look at:
Charts – See what it looks like when the strategy executes trades in real time
Configurable Parameters – Customize settings to match your trading style
Backtesting Capabilities – Evaluate performance before going live
Broker Connections – Understand how PRX can integrate with your brokerage
PRX Automated Strategy: The Systems Lab PRX Strategy Auto v1.00 or later available on TradingView
TradingView: As of this writing, any level of paid subscription will work. Note that Essential or Plus plans have an alert duration of two months which may require an update or recreation of the alert for continued functionality.
Use this referral code for a $15 discount: https://www.tradingview.com/?aff_id=26208&aff_sub=TSL
SignalStack: Subscription levels vary by trading frequency.
Use this referral code and go straight there: https://signalstack.com/?_go=tsl
Thanks to the power and flexibility of the PRX software, a wide range of trading instruments and time frames can potentially be utilized with this system, providing users with exceptional versatility and adaptability.
At The Systems Lab, we have thoroughly tested the automated strategy on the crypto ETFs GBTC and ETHE using intraday time frames on long-only positions. We are currently testing the system on SPY, MSTR, and SPXS – and these tests have been successful to date. While it is possible to use other instruments and timeframes beyond these, we have not yet tested them.
At The Systems Lab, currently we have thoroughly tested the automated strategy at TradeStation and Interactive Brokers and are currently testing at Charles Schwab and Alpaca. While it is possible to use other brokers, we have not yet tested them, nor do we have experience trading with them.
As of this writing, the following brokers and exchanges are also supported by SignalStack and may potentially be compatible with this software. For the most up-to-date list, please visit the SignalStack website: https://signalstack.com/brokers/
$350 per month, or $3500 annually.
Run Unlimited Configurations: Use the automated strategy to trade as many configurations of the PRX system as you want, plus run unlimited back tests with the same software.
Comprehensive Setup Mini-Course: Gain access to an online home study course with detailed videos that guide you through setting up the software and configuring your unique version of the PRX system.
Case Study Mini-Course: Gain access to an online home study course that details exactly how we have configured the software in our own personal trading and are running two systems that each have an SQN of 4.8 and have earned a total of 445 R in back tests over the last 4 years.
Community Access: Join a vibrant community of users to exchange ideas, ask questions, and collaborate on strategies.
All the Benefits of the Other PRX Subscriptions: For more info on the other subscriptions visit: https://www.thesystemslabinc.com
You've got questions. We've got answers.
In our own personal experience trading with the automated strategy, the returns are many times greater than the cost of a subscription. Here are some key considerations and questions to help you evaluate its value:
Time Savings & Opportunity Cost
How many hours would it take to manually trade your system configuration?
What is your hourly rate based on your annual income?
Example: If you earn $100,000 per year, your time is worth approximately $50 per hour. If the strategy saves you just 1 hour and 45 minutes per week, you've already broken even on the subscription.
Trading Performance & ROI
How many R do you expect to make in a month?
What is the dollar value of 1R in your trading?
Example: If 1R = $350, then the subscription costs just 1R per month, making it a small investment compared to your potential returns.
Ultimately, the subscription cost is a fraction of the time and potential profits the strategy can generate. If it saves you time, increases efficiency, and improves consistency, it’s more than worth the investment.
Once the system is set up and running, your computer doesn’t need to remain connected to the internet or even be powered on.
Yes, you can monitor the system from your phone by installing the appropriate apps and configuring the system correctly. We cover the process for setting this up in the Setup Mini-Course, which is included with your strategy subscription. It is crucial to remember that no automated strategy should ever run without proper human supervision and monitoring.
You can pause or stop the system anytime with a single click, ensuring complete control at your fingertips.
Run Unlimited Configurations: Use the automated strategy to trade as many configurations of the PRX system as you want, plus run unlimited back tests with the same software.
Comprehensive Setup Mini-Course: Gain access to concise and detailed videos that guide you through setting up the software and configuring your unique version of the PRX system. Access is online and asynchronous so you can work at your own speed.
Case Study Mini-Course: This course provides a detailed breakdown of two system configurations that we actively trade - each with an SQN of 4.8 and a combined total of 445R in back tests over the last four years.
Community Access: Join a vibrant community of users to exchange ideas, ask questions, and collaborate on strategies.
Discount Codes for PRX Home Study Courses: These courses provide in-depth insights into indicators, strategy rule sets, and real-world case studies of system configurations, including those with SQN scores as high as 6.0+.
All the Benefits of the Other PRX Subscriptions: For more info on the other subscriptions visit: https://www.thesystemslabinc.com
This is not necessarily required and the instructional videos that come with your strategy subscription provide enough of an overview to get you started. However we do recommend that anyone trading the system takes a course, whether trading manually or automated, so that you understand how the system works and why trade signals are generated.
If you would like in-depth insights into the PRX indicators, strategy rule sets, and case studies of system configurations with SQN scores as high as 6.0+, all automated strategy subscribers receive discount codes for access to the PRX Home Study Courses.
At The Systems Lab, we have thoroughly tested the automated strategy at TradeStation and Interactive Brokers. We are currently in the process of testing at Charles Schwab and Alpaca - and these tests have been successful to date.
It is possible to use many more that we have not tested yet. Please see the other sections of this website for more details
At The Systems Lab, we have thoroughly tested the automated strategy on the crypto ETFs GBTC and ETHE using intraday time frames on long-only positions. We are currently testing the system on SPY, MSTR, and SPXS – and these tests have been successful to date.
It is possible to use many more that we have not tested yet. Please see the other sections of this website for more details.
At The Systems Lab, we have thoroughly tested the automated strategy on an intraday basis.
It is possible to use many more that we have not tested yet. Please see the other sections of this website for more details.