Most retail traders are time-crunched in one way or another. While live algorithmic trading requires little screen time, the initial strategy development phase requires much time and effort. Multiple timeframe backtesting can be a great tool in your bid to efficiently churn out robust strategies. Why Backtest on Multiple Timeframes? 1. Verify Your Strategy’s Robustness […]

A great feature about StrategyQuant is its regular addition of new indicators to the platform. One recent addition is the Schaff Trend Cycle (STC). Seeing how Investopedia described it as ‘faster and more accurate’, I knew I had to check it out. Let’s see how we can put it to good use! What’s the Schaff […]

Over the years, I have repeatedly found that forex markets are mean reverting in general, with the possible exception of the JPY pairs. Does mean reversion apply to weekend gaps as well? And if it does, can we program a strategy to exploit this phenomenon? Before finding out, let’s cover some causes and examples of […]

The forex markets are open 24 hours a day, but not all hours are created equal. Trading volumes are known to vary significantly throughout the day. But I’m not one to listen to anecdotes, so I decided to dissect my broker data and verify it for myself….

Traders have long used volume to gain insights into the markets. For exchange-traded assets like stocks, volume refers to the number of shares that changed hands over that period. It is usually plotted below prices, and gives a good indication of the level of participation in the market. Why is Volume Useful? Volume primarily serves […]