Automatic system trading websites

...if you're into automating FX, I can recommend www.fxengines.com - early days yet, but they will be taking FXCM's feed soon for live trading through mini and full accounts (their currently using GAIN's feed). You can easily test 100's of combinations of entry/exit signals across the major pairs. It's worth a look and their support is excellent.

If you're used to Tradestation etc, then the level of customisation doesn't compare well, but imho it's a reasonably priced, entry level autotrading platform.
 
Cheers, I'll check them out.

I have used both Metastock and Tradestation for developing systems, I think tradestation is slightly better for coding, but I'm now coding my own application up as I can't find any trading software that allows me to do exactly the sort of research and testing that I need. I suppose being a software engineer comes in handy sometimes.

FX seems to be a focus for lots of automatic systems, I've never trading them. Is there something special about there behaviour than other securities?
 
I hesitate to mention it here, but there quite a lot of people advertising automated trading system development for Forex (including fxengines.com and others) over at Moneytec.com. The problem is, you have to wade through an awful lot of rubbish to find things there ...
 
I've been playing with fxengines for a while and they have yet to go live. They are using the GAIN feed atm, which is poor compared to FXCM's. They've decided to move over to an FXCM feed for demo trading in the next couple of weeks, with live trading shortly afterwards. Their rep (Scott, on the website) said they're going to charge a per trade fee of $9.99 for standard accounts (unlimited contracts) or $.99 per contract per trade for mini traders. There will be no other fees. It sounds reasonable to me.
 
..as FX is a 24hr market (more or less), there are regular overnight moves across the major pairs, that an automated system could capture nicely. I like the idea of filling up the 'pip skip' while akip :cheesy: ...ah well, doesn't harm to dream :)

pkfryer said:
Cheers, I'll check them out.

I have used both Metastock and Tradestation for developing systems, I think tradestation is slightly better for coding, but I'm now coding my own application up as I can't find any trading software that allows me to do exactly the sort of research and testing that I need. I suppose being a software engineer comes in handy sometimes.

FX seems to be a focus for lots of automatic systems, I've never trading them. Is there something special about there behaviour than other securities?
 
Sounds good ChowClown. But what are the advantages... higher volatility, bigger intraday ranges, more tradable patterns?

I like the idea of setting a bit of code to munch away 24 hours with a profitable system.

I am very dubious of any site or any person that is selling systems. If I had a system that was working I would keep it a secret and rake in the money. If a system really does work, it would become very very popular and would eventually effect the price behaviour, self destructing the system. If you find something that works it pays to keep it to yourself.

I'll check out that site and see what its about.
 
PK, yes, volatility plays an important factor. Swissy has the largest intraday ranges atm, followed by GBP/USD. Most mechanical FX systems will have suffered a bit this year, apart from FC's startling discoveries ;) - well done m8.

The thing with fxengines is that it forces you to think about all the entry and exit factors critical to a successful system - it takes hours of effort and will put many people off because they aren't offering a ready made solution.

Once you've developed 'engines' that produce the goods, you can use a 'backtest multiplier' to find optimal combinations across your strats - it's very smart. Anyway, I'll leave you to take a peek.
 
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