StrategyQuant Algorithmic Platform
StrategyQuant is an innovative algorithmic platform that allows the creation of automated trading strategies for any market without any programming skills. The software can help traders optimize and backtest their auto-trading strategies by using a wide variety of built-in tools.
StrategyQuant Software Review
Traders can use thousands of already-made automated trade strategies or start building their trading strategies, completely from scratch. One of the greatest advantages when using the StrategyQuant platform is the ability for sophisticated backtesting and step-by-step optimization:
Developing from scratch automated trading strategies without programming skills
Trading any financial market (Forex, Equities, Cryptocurrencies, Bonds, etc.)
Selecting from a wide library of thousands of random existing automated strategies
Four available modes (developing, re-testing, improvement, and optimization)
The end product can be an Expert Advisor (EA) for MetaTrader4, MetaTrader5, NinjaTrader, or TradeStation
There is a 14-day trial (a fully-functional trial)
Customer support and an active community of thousands of members
GPS 3 Robot Review
Forex Robot: GPS Forex Robot 3
Developed by: Mark Larsen.
Trading Style: Scalping Forex
Platforms: MT4 / MT5
Cost: 167 USD (one-time)
Introduction to the GPS Forex Robot
The GPS Expert Advisor is a pure Forex scalper developed by Mark Larsen. The main difference between version 3.0 of the GPS Robot compared to previous versions is that the third version is much faster. This characteristic is crucial for a Forex scalper. The robot trades a great variety of currency pairs based on the Asian Session. The currencies traded include EUR/GBP, EUR/USD, USD/CHF, GBP/USD, and some others.
Daytrading is the best job in the world on the days you make money. You make a trade, then maybe 20 minutes later you are out of the trade with a profit, and for the rest of the day, you think about how much money you made. It's the worst job in the world on a bad day. I would make a trade, it would go against me, and then I wanted my heart to stop so my blood would stop thumping so loudly.
Here's what I learned. All of these lessons I will certainly use today, many years after I stopped day-trading.
1) You can't predict the future, everyone thinks they can but they can't
- This applies not just to trading but everything. You could be married for 10 years and the next thing you know — you are divorced and you would not have predicted that.
- You can always seek to increase the odds in your favor — if I don't jump off bridges, for instance, it's more likely I'll be alive a year from now — but certainly, a path to unhappiness is thinking the future can be predicted and controlled.
The Forex Market is a decentralized OTC (Over-the-Counter) financial market operating 24 hours per day (Monday-Friday) using the electronic network of banks (ECN). It is estimated that the Forex turnover today may exceed 5 trillion dollars per day.
What is Forex Trading
Forex or else FORex EXchange is an electronic network that enables the exchange of global currencies, one for another. Currency pairs are exchange mechanisms used for the global trading of goods and services. Importers and exporters, large corporations, investors, and banks are only some of the participants in the Forex Market. The Forex market operates like the internet, it is not centralized, and it exists in the electronic network of banks, which is called the ECN network. Forex is a huge market with a daily activity turnover worth more than 4 trillion USD. The Rules of the game in Forex are different from those in equity and bond markets, but many similarities can be found too.
ICMarkets.com Rating based on the Forex Brokers Formula v.4.0.
IC Markets Rating Summary
The sum of each Main Factor of IC Markets Rating Analysis (1, 2, 3, 4)
|1. Safety of Funds
|2. IC Markets Cost of Transaction
|3. IC Markets Trading-Options
|4. IC Markets Technological Efficiency
Forex Robot: Volatility Factor
Trading Style: Scalping EURUSD, GBPUSD
NFA Compliance: Yes
License: 1 Real Account / Unlimited Demo Accounts
Cost: $267 (Lifetime Updates)
Introduction to Volatility Factor
The Volatility Factor is a Volatility-Driven Expert Advisor designed to trade exclusively GBPUSD and EURUSD via MetaTrader4. It can be used in any Forex Broker (including the US), and any account size.
How Does Volatility Factor Work?
The trading strategy incorporated in the system is based mainly on current market volatility and focuses on optimal entry levels for opening new positions. The Forex Robot scalps Forex and targets to achieve profits of 8-15 pips per trade. It is designed to deliver 3/4 trades per day. The developers claim that by opening new positions at the right levels, the system places tighter stop-losses and thus offers reduced loss potential.