Subscribe to Quantisan
Category Archives: Automated System
JForex Example: Automatic position sizing
Proper position sizing is an integral part of risk management. It can be one of the easiest thing to do too. For example, I typically size my trading position based on the following factors: Amount of capital willing to put at risk. Stop price level. Volatility of the instrument. The following JForex code calculates a [...]
JForex Example: Not letting profit turn to losses with a breakeven stop
While the dual-timeframe trading setup and much of the algorithm in my contest strategy are for competition only (read: not for use with real money) as I’ve warned numerous times, some of the risk management techniques used there are really what I use in real life. This being one of them. There’s a saying in [...]
JForex Example: Dual-Timeframe Moving Averages Setup
This post describes the setup for my Dukascopy JForex automated trading strategy in July. Note that this strategy is built for competing in a contest and not for real trading (i.e., it’s purely a no cost gamble). Here is the step by step process of the setup for a long position:
JForex Example: Multiple-time frame strategy
The key to my July JForex strategy is the use of multiple time frames. As Dr. Alexander Elder demonstrates in his famous book, Trading For A Living, a proper technical analysis should at least consider time frames five-times faster and slower than the one in which you trade. For example, if you trade on a [...]
Sixth place finish in the Dukascopy JForex July strategy contest
Preliminary results from the Dukascopy JForex Strategy Contest last month shows that I finished with a sixth place. That is a USD$1,000 win for me. This is the second time that I have won since April. As usual, I agreed to disclose my strategy so that I can receive 100% of the prize money. You [...]
My name is Paul and I am a full-time engineer, part-time trader. Back in 2000, I deposited my $5000 interest-free student loan with an online broker. Since then, my interest in trading has become an obsession.
Number one with 40+ percent return in a month! So am I rich yet? Not really