A catastrophic stop loss is a vital risk management tool for many traders. Here I’ll show you how to optimize your stop loss distance using maximum adverse excursion. In the diverse world of strategy development, there are often multiple approaches to the same… Trading is a great way to make some additional income, but not […]

Aug 24, 2023 With its daily turnover of over $6 trillion, who are the major players in the forex market? Let’s see how retail traders stack up! read more Aug 16, 2023 Serious traders invest in quality education. Should you read “Building Winning Algorithmic Trading Systems” by Kevin Davey? read more Aug 10, 2023 A […]

Trade slippage is the common enemy that erodes your strategy’s expectancy, and usually becomes more severe after going live. This post will cover: Why slippage occurs 4 simple ways to minimize slippage 3 ways to simulate slippage while backtesting Every trader…

Browsing through the MQL5 Marketplace is a fun way to discover the many types of trading algorithms in existence. I have seen backtests containing anywhere from 5 to 5000 trades. So how many trades (or sample size) does your backtest really need? And if you suspect your backtest has insufficient trades, can you still make […]

Like the MACD, the Awesome Oscillator (AO) is a momentum indicator that measures the difference between two moving averages. It is calculated as follows: Williams recommended the 5 and 34-period simple moving averages, though you are free to optimize these if you wish. Since the 5-period moving average reacts faster than the 34-period moving average, […]