Forex-Pin™ Speculative Sentiment Index EA with built-in Quantitative Analysis
Quantitative trading consists of trading strategies based on quantitative analysis, which rely on mathematical computations and number crunching to identify trading opportunities. Price and volume are two of the more common data inputs used in quantitative analysis as the main inputs to mathematical models. Quantitative trading is becoming more commonly used by individual investors. Price and volume are two of the more common data inputs used in quantitative analysis as the main inputs to mathematical models.
In 2019 FX Tech Group has begun developing his own Quantitative Trading Expert Advisor for trading the global Forex market.
Update Wed 10 July 2019
Implementing a rule to fix swap fee issue.
It should be avoided to carry trades for more than 1-2 days due to broker swap fees.
✔ PROBLEM SOLVED. Bug-fix rollout with next Beta release.
Update Thu 18 July 2019
Fixing “trading of false signals”
As of the moment the EA sometimes open position in the opposite direction of the trend. This will be solved by reading the orderbook of several brokers. It is absolutely important to get valid data on trading positions and open orders of other traders to determine what the crowd is doing, this will make the SSI process more stable. By fixing this problem, drawdown is reduced to a minimum.
🚩 In Progress.
The next beta release can be expected by end of July. Of course we will setup a new verified demo account in order to compare with the results of the account above.