Recent content by TadS

Hey guys, Where do you think your trading could be most improved? Strategy creation/testing Entry signals Take profit/stop loss Position sizing Portfolio management

I agree with Pharaoh, I really like what you have done with assigning objective values to support and resistance levels. This will allow to evaluate trades on a very strict basis and will lead to you becoming a very disciplined trader. I would suggest keeping a very detailed log of the trades...

When your results vary greatly after altering a few parameters, it might be a sign of an unstable system. An unstable system will vary greatly with changes in market conditions, parameter settings, or anything else that might affect the system. You should be very careful moving forward with an...

An ECN with fixed spreads might be the way to go for you. If you have a successful scalping strategy it would be nice not to have to worry about widening spreads. I would definitely look into ECNS before diving into other brokers.

enjoyaol, I have definitely experienced a lot of the same pain you have just described. In terms of data, I spent about a week researching where I could purchase quality tick data. From what I have found is you are going to have to spend a couple thousand dollars for tick data stretching back...

I think it is a better idea to find a broker or ECN that you trust than to try to find ways to hide your EA from them. They have all the power in the relationship and if they wanted to mess with you they can. I would do some research and find brokers that are EA friendly or trustworthy overall.

IMO robots can be a great tool but you really do have to know their limitations and the trading style of your particular program. While most off the shelf robots tend to be black-boxes (you can't see what's going on inside) it is possible to learn when they are profitable and when they are not...

A good rule of thumb is to you use the most data available. However, you want to make sure that you are testing your EA on market conditions that are likely to persist in the future. My recommendation would be to run a series of tests and see how much your results vary with varying back and...

I would say people are very intimidated by the amount of information they think they need to know to begin trading. Especially when you start looking into fundamental analysis, the macroeconomics can seem very overwhelming. Other than that, I think people believe they need a lot of money to...

That is a very interesting article. However, I really do believe that automated trading has a place in any diversified trading system. There are ways to make sure that it isn't following a long or short bias and can work in a variety of market conditions. While these programs can still be very...

When trading distinct chart patterns, such as head and shoulders, it is crucial to look for confirmation before entering a trade. In other words, don't try to pick the top of the head or one of the shoulders but wait for the move to actually occur before entering a position. This should decrease...

It will connect to either MT4 and other brokerages as well. We are looking for input from traders on what features they want and need in relation to visualizing and analyzing the performance of automated trading programs.

Hello, We are currently designing a web-based interface to act as the front end of an automated trading program. Our strategy is built in Java and does not work within the confines of the mql4 language, so we decided to create an interface that directly communicates with the broker. We...

You could try figuring out a way to determine the average size of the move against your position before your take profit is hit. This assumes you have a set take profit, but finding the average move against your position could help you shed light on where your stop loss should be. In my...

RCS, Have you considered becoming a signal provider, introducing broker, CTA? I am not sure what the regulations are like in Hong Kong, but these could be good ways to increase your income and reduce the variability of your returns. They will most likely require an upfront investment in time...