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  • #1
  • First Post: Jun 22, 2010 11:13pm Jun 22, 2010 11:13pm
hi guys,
i needed some info about algorithmic trading.
i have read that almost 60% of trading in US markets is sone through such algorithms. is it true?
how much percentage of trading is done through such algorithms in Forex?
which programming languages are used to build such algorithms?
I have basic knowledge of programming.

please reply
thnx
  • #2
  • Jun 23, 2010 11:58am Jun 23, 2010 11:58am
Please take my advice - don't bother, I'm a highly experienced programmer, I have written extensive and complex EAs, if you want to prove to yourself it's a waste of time fair enough, I wouldn't have listened to me either.
  • #3
  • Jun 23, 2010 12:16pm Jun 23, 2010 12:16pm
how does this kind of trading affect market behaviour?
  • #4
  • Jun 23, 2010 12:18pm Jun 23, 2010 12:18pm
it encourages idiots to make stupid and irrelevant comments.
  • #5
  • Jun 23, 2010 12:32pm Jun 23, 2010 12:32pm
ok, are you an idiot ?
  • #6
  • Jun 23, 2010 12:41pm Jun 23, 2010 12:41pm
Quoting spearfx
hi guys,
i needed some info about algorithmic trading.
i have read that almost 60% of trading in US markets is sone through such algorithms. is it true?
how much percentage of trading is done through such algorithms in Forex?
which programming languages are used to build such algorithms?
I have basic knowledge of programming.

please reply
thnx
search amazon .. there are few good books..
search google.. there are some good websites..

search: HFT, High Frequency trading, algo, algorithmic trading.. ect..

Good Luck
  • #7
  • Jun 23, 2010 12:42pm Jun 23, 2010 12:42pm
Quoting Piters
search amazon .. there are few good books..
search google.. there are some good websites..

search: HFT, High Frequency trading, algo, algorithmic trading.. ect..

Good Luck
thnx Piters.
  • #8
  • Jun 23, 2010 12:58pm Jun 23, 2010 12:58pm
I will never understand, why people don't take the benefit of my experience and save a lot of time money and stress and go and spend money, waste time and get stressed.

Please do me a big favour and in 12 months when you've been through what I went through come and tell me you wish you would have listened.
  • #9
  • Jun 23, 2010 1:07pm Jun 23, 2010 1:07pm
Quoting PurplePatch
I will never understand, why people don't take the benefit of my experience and save a lot of time money and stress and go and spend money, waste time and get stressed.

Please do me a big favour and in 12 months when you've been through what I went through come and tell me you wish you would have listened.
lol.. mate.. it is "Up to you" to suggest,.. but leave others to do the rest as a homework..
finally. you never know who is from the "other side".

Your bad experience.. doesn't mean that is a rule for everyone...
Forex community is wide, pros, maths, nerds, IT, Programmers, cheerleaders.. ect.. Have a life mate.. relax
  • #10
  • Jun 23, 2010 1:16pm Jun 23, 2010 1:16pm
I do have a life and I'm very relaxed, it all started when I stopped programming EAs

I suppose it's that Grail thing, there seems to be a lot of it about at the moment.

I knew that many a major financial institution throw thousands of dollars at this problem and come up with solutions that have a modicum or more of success, but yet at the time I believed that I could come up with something that would give me a 50% month on month return.

I think also what happens is you get that emotion you felt as a teenager that you could conquer anything and the world is your oyster. I still see life like that a lot, but a little more pragmatic I suppose.
  • #11
  • Jun 23, 2010 1:22pm Jun 23, 2010 1:22pm
Quoting PurplePatch
I do have a life and I'm very relaxed, it all started when I stopped programming EAs

I suppose it's that Grail thing, there seems to be a lot of it about at the moment.

I knew that many a major financial institution throw thousands of dollars at this problem and come up with solutions that have a modicum or more of success, but yet at the time I believed that I could come up with something that would give me a 50% month on month return.

I think also what happens is you get that emotion you felt as a teenager that you could conquer anything...
Cool mate.. football is a way to go.. relaxing with some beer

OK.. my point is: there are so many informations, on HFT, quant trading.. and many PPL are curious just to find out what is all about.,. only Few will actually spend a time.. to separate the right market timing when market is "predictable" or Non-predictable"..
I agree for PPL who are trading from garage or bedroom, it is a rocket science, lots of MATH, Theories.. ect.. ect...

cheers..

Australia vs Serbia is ON.. im going to chill a bit
  • #12
  • Jun 23, 2010 1:30pm Jun 23, 2010 1:30pm
We will need an EA to work out the permutations.
  • #13
  • Jun 23, 2010 10:19pm Jun 23, 2010 10:19pm
Quoting Piters
Cool mate.. football is a way to go.. relaxing with some beer

OK.. my point is: there are so many informations, on HFT, quant trading.. and many PPL are curious just to find out what is all about.,. only Few will actually spend a time.. to separate the right market timing when market is "predictable" or Non-predictable"..
I agree for PPL who are trading from garage or bedroom, it is a rocket science, lots of MATH, Theories.. ect.. ect...

cheers..

Australia vs Serbia is ON.. im going to chill a bit
Exactly, I am nt lookin to build some holy grail kind of Ea. I know its very difficult. I posted this thread just out of curiosity.
Basically i want to know how much of forex trading is done by these algorithms.
  • #14
  • Jun 24, 2010 4:26am Jun 24, 2010 4:26am
Quote
Basically i want to know how much of forex trading is done by these algorithms.

I'm actualy working on a price Action EA. Almost everything can be coded,
Especialy money management, position sizing and stops/TP's. Candlesticks formations, Pivot points, BRN are easy too.

The most difficult part is chart analyses, it's very hard to code the infinit rules possibilities for making S/R, eliott waves, trend lines, doubles top & bottom.

I'm working with a crew of coders to making rules for double top/bottom and Elliott Waves recognizing indicator, based on a tone of screen charts and reliable analyses. I hnow it's a big load of work, but we almost found solution for divergences, elliott ans double top&bot and once done, we can replace a chart trader using these previous chart tools.

The result will not be as accurate as a senior trader but still. And the good part is the capacity of EA to make fast calculs and can run multiple Pair/TF and never miss a setup respecting EA strategy rules.
  • #15
  • Jun 24, 2010 4:27am Jun 24, 2010 4:27am
About 20% ish according to their estimates

Interestingly, FX is becoming more speculative, not less.
  • #16
  • Last Post: Mar 29, 2011 5:46am Mar 29, 2011 5:46am
Quoting PurplePatch
I do have a life and I'm very relaxed, it all started when I stopped programming EAs
You're a funny person PurplePatch But I know what you're talking about and you're right (from my point of view)!
I was coding as well and stopped it (at least down to 5% of the time). I was too proud to stop or write a script not perfect. Everything had to be as great as possible. But this took me time, money and unfortunately friends. I was sometimes at home, curtains closed and just being autistic. Instead going out for a walk or a trip with friends.

Now, I use an algorithmic trading software called Buru with the EA IBFX. The performance makes you smile for the work you had. Because there's no work However, I would like to compare it with other systems. I've more time, less stress and still a nice performance. With the 5% of coding time, I try to stay warm and test some aggressive strategies.

Anyway, at the end it's the choice of the person itself. But it would be interesting if spearfx would come back in a year and talk about the experience.

Good pips to all, cheers!
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