Thursday, 17 October 2019

Forex -Another way


Image result for algorithm meaningalgorithm
/ˈalɡərɪð(ə)m/
noun
  1. a process or set of rules to be followed in calculations or other problem-solving operations, especially by a computer.




Recently came across a podcast called the No Nonsense Forex, its hosted by a guy called VP, its really plain and simple, stripped back and great content, I have been literally binged on it, so informative. Its all about trading but not as I know it, basically he has created an algorithm to help him trade Forex, also has a YouTube account where he further explains in his videos whats been discussed on his podcast. Apart from moving averages, trend lines, fibs, support and resistance lines, I really didn't know there was so much out there.

I've started to build my own algo, its gonna be a long process due to work commitments but something I am going all in on.

First I'm going to start by back testing all sorts of different indicators needed to build the algo, hes given me the framework but none of the piece parts, that is where the work comes in.