Software Developers

FXCM takes initiative as TradeCommander comes to a halt

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Recently, I posted an article outlining the disappointing news that Saxo Bank won’t be suppoting their TradeCommander autotrading software any longer. This didn’t pass by FXCM without them noticing, and they’ve now decided to capitalise on this. As a result …
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Which is the best Forex System?

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Which is the best Forex System? Tough question, tough answer. Here’s a typical answer you might get on a given forum, “The best system is yourself”. Yeah ok, but that’s not really helpful. The issue is when newbies ask “What’s …
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Integral Introduces TrueFX – Free Real-time Interbank Rates For All

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September 30, 2009 *Integral Delivers Clean, Dealable Liquidity And Free Market Data * – *Provides Retail Brokers With Direct Market Access To The Interbank FX Market* – *Free Historical and Real-Time Tick-by-Tick Data Available On TrueFX.com * – *Provides Safety …
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Forex MegaDroid Finally Understands FIFO

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You may well remember that when the forex markets opened on August 3rd the controversial new NFA First-In First-Out regulations came into force.  You may well also remember some publicity about a MetaTrader 4 “robot” called Forex MegaDroid, which according …
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Saxo pull the plug on TradeCommander

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On 1 October 2009 TradeCommander will be suspended indefinitely and removed from Live and Simulation SaxoTrader platforms. Quoting Saxo, “At 0800 GMT (1000 CET) on 1 October, all running systems will be stopped. Therefore Clients with active trading systems should …
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How do traders "KNOW" their system works?

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The short answer is, they don’t. Because in reality, no-one actually “knows”. Whenever you hear a trader saying they know for a fact that their system works, then in turn you should know that this person isn’t a very good …
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Himawari Securities And Integral Partner To Provide Customers With Direct Market Access Pricing From Multiple Liquidity Providers

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-— Himawari Is Deploying Integral’s FX Inside API™ To Access Integral’s FX Grid® -— FX Grid Combines And Streamlines Liquidity From Multiple Sources Including All Leading FX Market Makers TOKYO, Japan, and Mountain View, CA (August 24, 2009) — Integral …
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A Neat Money Management System

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One of our forum members further expands: The Kelly criterion is a way to optimize your “winnings” in forex. He developed a formula to calculate the percentage of your trading balance that you should risk on each trade. There are …
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The Matrix & Trading

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One of our forum members (Morgy) posted something concerning the relationship between mind and matter: It is widely accepted that all (self) trading is only small part system and most part mental discipline. A good trader.. one who has a …
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Forex Megadroid works well but not flawless

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Jim at Trading Gurus is one of the only people who actually go and test the much hyped trading systems such as Forex Megadroid. Following the Megadroid team’s warning that the robot might stop functioning following the FIFO  rules he …
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