Forex Strategies Revealed

Forex Strategies Revealed

These are all the popular posts about Forex Strategies

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Ghost Trader Forex Trading Strategy

The code for the Ghost Trader is designed more as a template than a complete
trading strategy. Some trading strategies incorporate the success of the last
trade signal in the calculation/determination of the next trade signal. We have
tested several methodologies that only initiate new positions after a losing
trade. Some traders feel that there exists a high probability of failure on the
next trade signal if the last trade was closed out with a profit. This approach is
much easier to trade than historically back test. It’s easy to keep track of your
trades and then skip the hypothetical trades that don’t meet your criteria. In
our example of waiting for a losing trade before initiating a new trade, you
would simply stop trading your account after a winning trade and start paper
trading and wait until you have a loser on paper. Once a paper loser occurs, the
next trade would be initiated in the real world. The code for Ghost Trader
demonstrates how to keep track of simulated trades and only issue the trades
that meet a certain criteria.
The core trading strategy of the Ghost Trader is based off of an exponential
moving average and a RSI indicator.

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