Everyone's so focused on the long term strength.. don't forget about short term plays: image 30m chart, CCI divergence triggering short term trend following.. already took half off half way to the target. Initial stop was just above the high tick ...

AUD/USD

Still don't feel a past trade outcome should affect a future trade size (outside of risk scaling with the account balance in a linear fashion.) I mean, the outcome of a past trade has zero impact on the possible outcome of a future trade, so mixing ...

Progressive lots sizing based on account balance and tracking balance

Wait, so you want to increase your risk if your account goes below the account high watermark? That's a sure way to blow cash when your strategy isn't working well and leave it on the table when the strategy is in tune with the market. Just saying. ...

Progressive lots sizing based on account balance and tracking balance

I figured out how to make an icon to launch this automatically within Android: (this might seem simple to people who are seasoned Android users, but I just stumbled upon it now.. lol) Go to the link from within your phone's browser (the default one ...

Pepperstone Forex

Very helpful post Hanover Thought I'd add another simulator that might be of interest: Forex Tester It's a standalone app that kinda looks and feels like MT4. I haven't used it for anything automated, although it does support such testing as ...

Ideas on Backtesting

Every trader is different. Some platforms try to be everything to everyone, and often they don't do a good job at it. Personally: A platform that can efficiently manage a high volume of price data (high frequency of updates, or high tick rate.) ...

What do you need in your trading platform?

I've come up with a series of milestones I feel are notable given my Algo's strategy and methods: First 10% returned. First 50% returned. First 100% returned. $500k Notional Value Traded. $1M Notional Value Traded. $5M Notional Value Traded. ...

Jack's Automated System Development Journal

Has it been a week already? Friday UPDATE time! (Little earlier than usual, but with an average trade duration of 4+ hours and the algo being flat by 2pm, it made no sense to let it take new trades with the weekend coming shortly.) Notable ...

Jack's Automated System Development Journal

LOL.. you got a point, NZ isn't there. Why not send them a note about it? I bet they'll be appreciative of the tip. I find their website to be pretty good otherwise.. not nearly as bad as some others when it comes to design. Navigational menu could ...

Pepperstone Forex

I agree on the first part. That's why I have yet to ever break down and buy a commercial EA... despite how hard some of their sales sites push the stuff, LOL. I've also seen how an EA's popularity can be it's undoing... it's fascinating actually. ...

Is this the reason why you don't want to share your Holy Grail?

It's really up to your personal preference. Some brokers do the widening thing, some just shut down for 5 minutes during that time... both are common. In either case though, liquidity drys up a bit leading into 5pm and for a little bit after, so ...

Spread Pop at Rollover on FXCM?

Pepper does spot pairs, as well as gold and silver. At one point there was a referring service by pepper to another brokerage that does equity and index CFDs, but I can't find it on their website anymore so I think they cut it out. Put frankly, ...

Pepperstone Forex

I wasn't suggesting it was "just" a marketing buzzword, only that most retail traders might get the wrong idea (or slightly skewed truths) thanks to the way these things are marketed to them on the retail end. Also, just to be clear, I didn't say an ...

LMAX = revolution?!?

Thanks for posting that. Interesting.

LMAX = revolution?!?

Agreed, spread widening can trigger stops, and if I wanted to hold past rollover then I wouldn't be looking to get out from 5-5:05 anyway. Through, to be fair, if your broker does spread widening at rollover then that's something you should be aware ...

Spread Pop at Rollover on FXCM?

Not attacking you or LMAX here, but the comments on MTFs vs ECNs is very misleading. I don't blame you though, since the huge marketing engine that is retail forex has really messed up terminology and it leads traders to think all sorts of odd ...

LMAX = revolution?!?

LOL.. yeah, as it usually is, when things are going well, few people post about it. Broker threads get lively only when shit hits the fan... that or Ramy is posting his song of the moment

Pepperstone Forex

Oh, one last quick thing, I pulled up a drawdown chart by days from MyFXBook, and thought it was rather funny: image (I believe this includes floating losses as well as realized.) You can see the improvement in the last two weeks from flattening ...

Jack's Automated System Development Journal

Friday Update Time! Notable Changes: Nothing to the main live account as of yet. Still manually turning the EA off during news releases. Haven't gotten a chance to look into automating this past the thoughts I had on the subject from a post ago. ...

Jack's Automated System Development Journal

As I've mentioned in this thread before, I'm a trader, my employer is a small private equities firm in Toronto, and I'm not an employee on Pepper's payroll. It is on my own free time.. I actually use posting on these boards as an excuse to distract ...

Pepperstone Forex