Ticks

Weekend Maintenance and Tick Data: Just how much can we really get?

Recently, I have been receiving a lot of customization/development requests for tools that use tick data, and I think that’s great. It is great that people realize that tick data can be useful, and try to integrate it into their trading. However, sadly, tick data is very difficult to work, often crashing Trading Station if we have […]

Margin Call Mistakes

As most of you know, I spent about half this year travelling the world. During this time I was fairly disconnected from the Internet, but that didn’t stop me from leaving an experimental strategy trading. This experimental strategy was higher risk – a high leverage reversion strategy – an offshoot from my grid work done earlier but not a […]

Forex Trading FXCM MarketScope

Markets Change – accept it

One of the biggest challenges to automated trading is that, over time, strategies seem to lose their edge. This effect is often referred to as the the Alpha Decay. But, why would a strategy that has been working for months or years suddenly stop working? Well, the answer is simply that the market changes. I am not talking about […]

Spreads

FXCM Spread Changes re-visited!

Hi everyone, You should all be aware of FXCM’s recent spread changes. If not, please read this post. Today, I was running some manual unit tests against the SuperTrend strategy on some old test data. The tests failed, but in a good way – they reported the strategy had made more money than before. Specifically, this […]

Real Volume Indicator

Real Volume Indicator

If you have not seen it yet, FXCM have produced a Real Volume Indicator. This is a fantastic move for traders as this information has been critically missing. If you don’t know about it, you can read more on the DailyFX page here: http://www.dailyfx.com/forex_forum/tradera-s-tool-box/632673-real-volume-transaction-indicators-only-available-fxcm.html and you can also watch the Webinar on YouTube here: https://www.youtube.com/watch?v=e1K8mfnOwJg I have been playing with […]

Multiple Instruments Featured

Trading multiple strategies/instruments and max draw-downs

Hi all, One thing I’m greatly interested in at the moment is branching out my fleet of strategies. Ideally I would like to have multiple uncorrelated strategies trading at the same time such that when one is in draw-down, the other is making money. Not only does this apply to multiple different strategies trading simultaneously, but […]

Grid Trading: Choosing a currency pair

Firstly, apologies for the lateness of this post! I’ve been working on a side-strategy (a Bollinger based reversion strategy) that was looking quite promising with less effort. More on this later – for now, let’s talk about Grids! The success of Grid Trading very much depends on the currency pair it is executed on. As […]

Strategy configuration goes off

Just a quick warning. Today I was backtesting my existing live strategies and a couple of them were producing shocking results. There’s no way I would run this strategy live with these results, I thought to myself. Something was suspicious. Now, Trading Station has a habit of crashing occasionally. This happened to me once before […]

When 337 pips isn’t enough

The last few days I’ve been watching an uptrend in GBPJPY. My interest was sparked when my Shock and Retrace strategy, on the 1 minute timeframe was triggered. If you’ll recall, FXCM asked me to run the strategy at 1m timeframes to gather some data, which isn’t what the strategy was designed for but I […]

Eureka! The secret to identifying a winning strategy

I always wanted to know “How do I know if my strategy is a winner?” … I keep seeing in my FX research something that really bugs me, and it is this magical risk/reward ratio of 2. There’s so much information out there that says that you should trade with a risk/reward ratio of at […]