Entry selection is arguably the most important component of strategy development. A profitable entry allows profits to accrue quickly, minimizing your time in the market and giving you more flexibility when developing your trade exits. When discussing Entry Testing in the MT4 Development section, I demonstrated the use of simple reversal strategies to rank the profitability […]
london session Archives – TradingTact
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….
Manage Subscriptions – TradingTact
Here you can edit your profile information and manage your lists. [mailpoet_manage_subscription] Want to develop a portfolio of automated trading strategies? Supercharge your strategy development with StrategyQuant Access 14-day FREE trial here! Get up to USD 300 discount! Strategies need improvement? Use QuantAnalyzer’s powerful analysis tools Try the FREE version here! Get 20% Discount here! […]
Forex Weekend Gaps: Can You Exploit Them? – TradingTact
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 […]
asian session Archives – TradingTact
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….