Automated Trading
Utilize the Technology - Let the Computer Do the WorkAutomated forex trading is becoming increasingly popular as brokers offer more advanced platforms that facilitate algorithmic trading. Automated trading software can be a great help to those who have managed to develop a trading strategy with mechanical rules for entry and exit. Below we discuss some of the automation options currently available to forex traders.
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Automating Your Forex Trading
May 16, 2013 at 7:43 AM • 1 CommentAs the forex market moves enthusiastically into the electronic age, individual currency traders are increasingly turning to software products that help them watch the market and even assist them in performing the actual mechanics of trading without human intervention. Read More
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Back Testing Considerations: Primary Considerations When Back Testing a Trading System
April 09, 2013 at 10:13 AMMany forex traders, whether knowingly or not, tend to incorporate a belief that "History repeats itself" into their forex trading systems. Market observers and technical analysts have often found that the overall predictability of human behavior when acting in large... Read More
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The Perils of Forex Backtesting - How to Evaluate a Technical Forex Strategy
April 09, 2013 at 8:00 AMTrading involves numbers. We need to make a lot of calculations to analyze the price action and gain an understanding of market movements. While economic events usually follow a discernible pattern of cause and effect that may be evident even... Read More
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Benefits of Mechanical Trading Systems
April 09, 2013 at 7:53 AMIn the previous article we discussed how you go about setting up mechanical forex trading systems. These automated software systems look for technical market indicators and buy or sell accordingly - sometimes without any input from a human operator. Read More
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How to Construct a Mechanical Forex Trading System
April 09, 2013 at 7:42 AMAs forex software becomes more complex and automation becomes more common, many traders now rely on mechanical forex trading systems. These software systems execute trades when certain market conditions are met, with or without the confirmation of the operator. Read More
