I implemented some forward testing of FPI using Metatrader. First of all you need to calculate the correct trade sizes, these will be fractional so you need a broker that provides small lot sizes. Second, the FPI relies on a detected arbitrage ...

Triangular Arbitrage

To the people who are 'scalping' with no problem, I seem to remember they define some type of smallest allowable hold time for trades. For people doing manual 'scalping' this would be no problem but it may be for automated systems. If you want to ...

OANDA Discussion

The spreads are good, but there are just too many price manipulation stories. Also, they don't let you trade as you wish, scalping & arbitrage are not allowed. The API is ridiculously expensive compared with others which are free and offer more. ...

OANDA Discussion

Take a break, there are plenty of days in next year. Now is a good time to reflect on what could be done better.

will you trade today ??? Dec 25 ? when will you trade back ?

Doing statistical studies are much easier if you can program (in MQL for example), there is a whole world of statistics and data mining methods which can be exploited to give an edge. I find data classification methods particularly useful.

Trading and Probabilities

For somebody who made such a song and dance about not using indicators, he sure uses a lot of 'arcane indicators', what a bunch of crap.

The Holy Grail - Found

Hi JohnW, Thanks for your reply, but I'm not really sure how it relates to my post, I never advocated the use of multiple indicators or small time frames. I use statistics & automation for my trading and I'm quite happy with it, my post was more a ...

The Holy Grail - Found

I'd really like to believe the story at the start of this thread but it falls victim to it's own premises. Like the vendors he correctly maligns, he offers zero proof of anything, yet here we are busting our brains trying to pull each sentence apart ...

The Holy Grail - Found

You could take the average, best of both worlds!

76.4% VS 78.6% Fibonacci Levels...Which is it?

I think we all might have rose tinted glasses on as far as the general composition of forum users, most forum users seem pretty fresh to me and as a consequence most content in the forum tends to be people asking basic questions over & over, I'm not ...

Self Help Regurgitation

tdion is correct, the purpose of the forums is to make money for their owners, nothing more, if this involves perpetuating myths, so be it. This also applies to books, nobodies going to give you the gold for $30. Forums are a good place to pick up ...

Self Help Regurgitation

...and we all know how important the subconsciouns is!

Why I can't win

Are you using market orders?

Any ECN that supports MT4 ?

Check out the MQL trading competition, those systems seem to be working. There is no magic bullet in any type of trading, I could program like a f**kin Ninja when I started into Forex a couple of years ago, but I'm only just going live with a system ...

Can an automated trading system really work?

EFX = MB Trading (same API)

Which is he Best Forex API?

Both MB Trading (EFX) & Interactive Brokers have free API's. Oanda has a nice clean API but they charge.

Which is he Best Forex API?

Market depth can be deceiving, and it does change rapidly. But when you see huge orders coming in at a certain level you know that somebody with big $$$ is pretty willing to defend a certain level. I'm not an expert with this stuff though, some ...

Linuxtroll Simple Scalping

Your only seeing the orders that are going though MB, which will be only a tiny % of the concurrent orders in the market, so the information is not that useful. This is unlike centralized markets (e.g. DAX) where you are seeing all orders.

Linuxtroll Simple Scalping

IB are an ECN, the spread like any ECN fluctuates, but on the EUR/JPY is usually 1-2 pips. Commissions are here url

Linuxtroll Simple Scalping