I would like to start a thread for a HIGH FREQUENCY TRADING SYSTEM.

From what i found on google, this is the type of trading involved with ticks on the highest frequency, where trades last second to minutes.

On mql4.com i found two EAs that convert tick data into a database, SQL & FXT. I assume the tick database can be processed for entries and prediction of the next tick direction. The question is: what analysis must be done for prediction of the next tick.

I cannot seem to figure out the entry/exit, take profit, stop-loss for a high frequency system. What type of analysis is done on ticks to determine direction? Is this based on a neural network method?

Thanx...............................

From what i found on google, this is the type of trading involved with ticks on the highest frequency, where trades last second to minutes.

On mql4.com i found two EAs that convert tick data into a database, SQL & FXT. I assume the tick database can be processed for entries and prediction of the next tick direction. The question is: what analysis must be done for prediction of the next tick.

I cannot seem to figure out the entry/exit, take profit, stop-loss for a high frequency system. What type of analysis is done on ticks to determine direction? Is this based on a neural network method?

Thanx...............................