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by Ashraf Laidi
Posted: Apr 18, 2012 19:04
Comments: 29
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This thread was started in response to the Article:

April Fears Ahead of Fed, Spain & China

Cyclical volatilities in April are backed by fears of a hawkish Fed dissent, resurging Spanish yields & further Chinese doubts
 
DaveO
N.Cornwall, UK
Posts: 5733
3 years ago
Apr 24, 2012 21:49
Their support is a bit slow mainly because the website is undergoing changes so some of the links are not working as they should. Try this contact for the software partner Gordon Lantz.
http://vcigroupltd.com/
cat0nip
Frankfurt, Germany
Posts: 1632
3 years ago
Apr 24, 2012 21:30
until now they did not respond to my email about hardware requirements.
cat0nip
Frankfurt, Germany
Posts: 1632
3 years ago
Apr 22, 2012 22:09
yes the bot trades the range identified by this 3 line break, there is hardly any better way for trend trading.
Qingyu
manchester, UK
Posts: 1763
3 years ago
Apr 22, 2012 17:33
Thanks! Dave and CAT! :)
DaveO
N.Cornwall, UK
Posts: 5733
3 years ago
Apr 22, 2012 12:23
A good description of 3 line break charts for anyone interested:-
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:three_line_break
DaveO
UK
Posted Anonymously
3 years ago
Apr 21, 2012 1:00
Yes I think this would be the "3 line break" trend and exit range bar tool you are referring to. The charting can also display P&F or time candles if preferred.

Their range bars are "pure" unlike most other charting packages. I have their 6 page pdf explaining how they build range bars as apposed to how everyone else bastardises the correct method. I must say I am very pleased using their range bar charts specifically for forex and the indicators they have developed actually seem to work due to the smoothing effect. I have never been an indicator fan and as you know my pattern work is not ideal for paired assets.

Costs are relative to any additional gains as far as I am concerned and so far I think I am on the right side of that equation. Early days yet, only been with it for about a month. I should mention that the symbol menu only covers 19 pairs plus their special USDX but they are all the pairs I would consider monitoring and trading myself, more than enough for me.

I trade from the charts but also have the broker platform minimised in case of problems. The currenex broker platform is very low cpu demands. The currency strength charts gobble up the cpu more than 3 other charting progs I have open. The range bar charts are insignificant on cpu even with several workspaces stretched across multiple screens.

The 3 day trial is not long enough to digest everything and access to tutorials is restricted during the trial period. The company is split between software developer and educator/licensee.

Note to Ashraf, sorry we are at a tangent to your specific topic. I am not trying to promote this software, no financial interest whatsoever.
cat0nip
Frankfurt, Germany
Posts: 1632
3 years ago
Apr 20, 2012 21:51
My robot trades what they call range bars with this difference of difference...method it identifies entry and exit. As long as the third strength difference is zero there is a range if not entry or exit. In a P&F this corresponds with a price up ( or down) entry. Thus they do just what my robot does however for every combination of strength data ( 15 so far) .
That is equivalent to automating feeding the spreadsheet.
Well I am honored that I found and realized all of that by myself.
But the problem is the broker interface. I am quite interested to give theirs a try but without a proper interface...hum.
DaveO
N.Cornwall, UK
Posts: 5733
3 years ago
Apr 20, 2012 21:01
They also have a spreadsheet where you can manually dial in the numbers to bring up some cute bar charts showing divergence/convergence. I believe they said they are planning to automate the feed into the spreadsheet.
DaveO
N.Cornwall, UK
Posts: 5733
3 years ago
Apr 20, 2012 20:50
FXDD malta for non US traders
DaveO
N.Cornwall, UK
Posts: 5733
3 years ago
Apr 20, 2012 20:47
They not broker. They claim to access large bank liquidity pools for the data. Not like a typical MT4 data fed meter. Part of the cost is in providing large data pool. Can also integrate a currenex broker to their charts for trade execution etc.