Monthly Archives: April 2018

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Why should a trader track the trade of his competitors?

Category : Strategy

Trading in the financial markets implies the constant search of the investment opportunities and tracking the current market trends. The manager should do it on a regular basis. It is a normal process that should be done throughout the time. Also, the manager should know about the competitors’ actions. It is a crucial condition in order to achieve the desired results. Also, it is important because a financial market is a unified platform, where all the players perform. So, if you would be aware of the competitors’ actions beforehand, you would operate more efficiently.

There are various platforms, which are dedicated to the different traders’ communication as well as tracing their trading process if they show their results. Anyone, even your colleague, can be your competitor in fix api trading as soon as you commit different trading operations. Therefore you should always be familiar with and track the most traders’ thoughts.

Of course, it is not necessary to track every statement on or publication of poorly-known managers. On the other hand, the opinion leaders’ predictions are very useful for you. They serve as a valuable tool for the further exchange transactions execution. Almost the entire market follows the opinion leaders. Let’s be honest. If Buffet gives the advice to purchase some valuable papers, you would most likely follow it, right? Moreover, you would not only invest your entire capital in it but also engage your colleagues and friends to do the same.

So, where can the one find the other market players’ opinions? First of all, I want to emphasize a couple of platforms, which you can use for this need or even make your personal account there.

  1. The social networks. Nowadays the social media marketing has expanded beyond any expectations. Each company has its own profile or a company’s page which you can follow online. Some famous traders also have their social media pages and you can follow them as well.
  2. The personal blogs. If the owner feels good about sharing a personal opinion or some predictions, then there is a personal website or blog. It collects the entire information, dedicated to the trader’s experience. You can check it out a couple of times a week to find out if a trader takes a bull or a bear approach.
  3. The websites, which are aimed to connect the traders and market participants on one platform.  Such websites allow to lead an effective networking as well as communicate with other fix api traders and representatives of brokerage or investment companies. Often there is a possibility to publish your trading account to demonstrate the trading results on such platforms. It allows you to attract the new investors and analyze trading results of other players. Fxsocialnet (http://fxsocialnet.com) is one of such resources.
  4. The forums. Perhaps, it is one of the first and large-scale resources for the traders’ communication. Forums are kind of a database, which contains a lot of useful information and would be suitable for both newbies and professionals.

I do not reject the fact that each trader has to have a trading strategy to be able to complete trading operations on fix api forex market. On the contrary, I encourage everyone to create it, if you don’t have one yet. A clear trading algorithm lets you know at what prices it is necessary to open trading transactions, and when it is better to close them. The system represents how you see the market. So, monitoring how the others see it can be a confirming or refuting factor in making an investment decision. Moreover, you would be able to analyze how another trader makes predictions and compare his prognosis to your own one. Only then you can commit any actions.


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How to create a trading robot without programming knowledge

Category : Robots

Sooner or later each trader understands that it is critical to trade in the financial market, considering the long-term perspective. It is a correct assumption. Having a large capital is similarly important. After all, intraday speculation would become boring, as it does not bear the same potential for profitability as an investment. Then quite a logical question apprises: how can a typical fix api trader stay in the financial market and continue to earn having a small capital? The answer to this question exists in the form of the trading robots.

The trading robot is a sequential action algorithm that is based on the manager’s trading strategy. In other words, the robot precisely repeats all your manual trading operations. However, now you wouldn’t need to spend time for the market and financial asset analysis. The automation of the trading process has developed so high that all the operations are accompanied and tracked by the algorithm and the ordinary trader turns into a passive investor. The robots are also able to control the risks and have a high-profit potential. It makes them indispensable tools in the trading on fix api forex market. (http://forexzzz.com/ru/product/zzz-latency-arbitrage-mt4-advisor/).

However, the next question arises: how to automate your trading strategy?

There are three logical options for obtaining an automatic algorithm:

  1. To buy ready-to-use software, depending on its work results in the real market as well as the trading indicators. However, this option is not suitable for someone who wants to automate their strategy.
  2. To order a software development. This is the most optimal and widely used option.
  3. To write an algorithm yourself. You may consider it unreal because you need to be familiar with the programming software. Nevertheless, most of the fix api traders choose this option as nobody will write down your trading strategy and set all the optimal parameters better than you.

Today, you do not need to be a programmer in addition to being a trader, because there are many resources that allow you to design trading robots without the knowledge of programming.

These resources are the constructors for the trading strategies, in which you can write down your algorithm divided into logical blocks and elements. In order to cope with these constructors you just need to know the logic of trading indicators. Also, if you already have your own strategy, this would not be a problem.

Let’s look at the following example to understand the logic of the constructors’ work better.

The trading strategy is based on the combination of indicators MA, AO and RSI (http://www.investopedia.com/terms/t/technicalindicator.asp). The transactions would be opened if all the following parameters are met:

  1. The quotes should be higher MA if we are buying the asset and lower if we sell it;
  2. The AO histograms must be above the balance line for the purchases and below the balance line for the sales;
  3. The RSI should also be in a range of up to 50 for purchases and above 50 for sales;
  4. The risk per trade is 1%.

Then it is necessary to write down these parameters into the constructor. Select the technical indicator MA in the first block and set the “purchase if the price is higher/sell if the price is lower.” Add a subsequent chain of actions to the “add condition” parameter. I mean the other indicators. That’s all. The final point is to set the risk parameters for the transaction and eventually you will receive the ready-made software in the form of a trading robot, which can be tested in the strategy tester of fix api MT4.

Talking about these strategy constructors, here you are a couple of options to choose from:

  1. http://ensed.org/ecor.php
  2. http://www.sb-professional.com

Therefore, you don’t need to learn the programming language fix api C ++ in order to create your own automatic approach. Using these constructors, you would be able to create your own robot for the automatic trading and turn monotonous operations into a passive source of income.


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Currency Arbitrage and Ways of Its Implementation on Forex

Category : Robots , Uncategorized

We all know the popular postulate of each trader: “the market has the property of repeating itself.” This postulate can be applied to the elements of analysis. The Dow Theory is still in a great demand and is still used today. The absolute majority of trailers and including me use the practical recommendations described in it.

Similar to the given practical recommendations, there are trading approaches in the financial market that have been working for several years and bring good interest rates to their fix api traders. Fix api arbitration can safely be referred to these systems.

Arbitrage is a type of trading strategy, the methodology of which is to open a pair of transactions (for purchase and sale) on the same stock exchanges for the same financial instrument. At a time when the price of the financial asset is an inherent time lag, where the value of the same asset may slightly differ, it is necessary to make two transactions simultaneously: a purchase at a cheaper price and a sale at a higher one. This exchange rate difference in the form of a spread will be your net profit, which was achieved absolutely without risks, because you do not care about which way the price will go further.

For a long time, arbitrage was used exclusively on the stock or commodity exchanges because the currency market does not imply a difference in the quotes. However, due to the appearance of a huge number of fix api forex brokers, this type of trading became available for this market, too. It’s all about the broker’s spreads and exchange rates, which causes the exchange rate difference between the different brokerage platforms (https://www.investopedia.com/terms/b/broker.asp ).

Of course, if we speak for the currency market, it is the most volatile and implementing the arbitration approach in a manual mode is an unrealistic task. While you want to make a fix api arbitrage deal, the price can significantly deviate and the arbitrage situation will be exhausted. To solve this problem, it is necessary to use auxiliary software, which will constantly analyze and, in case of arbitration, open at the time of the transaction.

The more the Internet technology is developed, the more algorithmic programs for implementation of fix api trading appeared. Thus, there are two different methods of currency arbitration today:

  1. Fix api Latency Arbitrage: this approach consists in the fact that the robot will monitor two completely different trading platforms. However, the trading operation itself is performed only in one broker. To do this, you need to determine which broker provides quotes more quickly, and which is slower. Proceeding from this logic, the trading operation should be made on the side of the slower one changing of the faster broker. Some robots trade by comparing quotes to a prime broker through fix api, which makes the algorithm more resilient to volatility and reduces the risks;
  2. Fix api 2-leg Arbitrage: this kind is similar to the previous one, but it differs in the fact that the transaction takes place immediately on two platforms. Thus, it does not matter what fix api forex broker delivers quotes more quickly, but which is slower. The main thing is the existence of an arbitration situation, in which multidirectional trading operations are carried out (http://forexzzz.com/product/forex-zzz-lock-arbitrage/ ).

Each kind has its advantages and disadvantages. However, the use of each of them guarantees receipt of passive income through the automation of the trading process. Moreover, taking into account the algorithm and logic of this principle, the formation of profitability from arbitration takes place with minimal possible risks or even with their total absence.


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