September 17, 2011
Yes, but I am still a novice
I am backtesitng an EA for the MT4 platform and looking into FXCM automation. Also lookling into Titan Trading cloud-based software for equities hedging
I think more people need to check out this group, if they are interested in trading automation, as there is a lot of useful and detailed information presented. I have seen profitable systems trade standard time frames on regular hourly charts, but the one Chris presented is unique in its use of kase equal range bars, that simplifies stop-loss management, and allows capture of moves that would otherwise be hidden inside the regular time-period bar. Given the right hardware and connectivity, Chris expects his systems to be capable of trading the volatility down to 10 second swings, capitalizing on the multiple short-term periods of significant price movement during the day. I encourage people interested in automation to come to the next meeting and assist in further development of these systems, as this is a great opportunity to learn trading algorithm design, testing and execution and its associated IT requirements, and look forward to seeing more people at the next meeitng.