Trader Tech Talk

In Episode 5, John discusses a seasonality tool called Trade Miner.  Trade Miner comes in 3 versions, one for Stocks, one for Forex and one for Futures, and lets you research the history of a particular trade, and if the seasonal trends indicate that this might be a good trade for the present. In this podcast you will learn: How seasoned traders might approach a trade Which kinds of financial instruments lend themselves to seasonal analysis How to "dig" the Trade Miner history for valuable information A special experiment on a stock that looks like it might do well trading seasonally. John also discusses how you can determine if a tool belongs in your "Traders Toolbox". Show links (Note that some links are affiliate links) Trade Miner: www.trademiner.com Thank you for listening!  Please review the show in iTunes!  Click here to get to the iTunes page.  

In Episode 4, John reviews the book Quantitative Trading Systems by Howard Bandy. John discusses some of the strategies that Bandy outlines in his book, such as Trending Systems Mean Reversion Systems Seasonality Systems Additionally, John discusses a bit about the Amibroker trading and programming platform.  Later this month, John will review the second half of Quantitative Trading Systems. Don't forget to review this podcast in iTunes!  Thank you for your support!    

In Episode 3, John gives an overview of the process of developing a trading system.  Each step along the process is discussed, including: The Basics of Trading (for those who have never traded before) A description of a simple trading strategy A quick overview of currency trading Using Metatrader 4 as a platform for developing a trading system Backtesting your strategy to see if the concept is profitable Here's an example of a candlestick chart: Here's a look at the rising price and falling price candles: Here is the sample program that John discusses.  Note that this program will do anything useful; it is just a sample for you to see how Metatrader code looks. //+------------------------------------------------------------------ //|                                                       Sample.mq4 //|                                   Copyright 2013, John Verbrugge //|                                    http://www.tradertechtalk.com //+------------------------------------------------------------------ #property copyright "Copyright 2013, John Verbrugge" #property link      "http://www.tradertechtalk.com" extern int HighMAPeriod = 20; extern int LowMAPeriod = 5; // Module Variables bool MovingAvgLinesHaveCrossed = false; //expert initialization function int init() { return(0); } // expert deinitialization function int deinit() { return(0); } // expert start function int start() { // set up moving averages double HighMA = iMA(NULL,0,HighMAPeriod,0,0,PRICE_HIGH,0); double LowMA = iMA(NULL,0,LowMAPeriod,0,0,PRICE_LOW,0); // Set of moving averages to use for detecting a cross double PrevHighMA = iMA(NULL,0,HighMAPeriod,0,0,PRICE_HIGH,0); double PrevLowMA = iMA(NULL,0,LowMAPeriod,0,0,PRICE_LOW,0); // Check to see if the lines have crossed if ((PrevHighMA > PrevLowMA) && (HighMA LowMA)) { MovingAvgLinesHaveCrossed = true; } if (MovingAvgLinesHaveCrossed) { OrderSend("EURUSD",OP_BUY,1.0,MarketInfo("EURUSD",MODE_ASK),0,0,0,"Just a test",99999,0,Green); } return(0); }  

In Episode 2, John discusses the book “Talent Is Overrated: What Really Separates World-Class Performers from Everybody Else” by Geoffrey Colvin.  John relates the concepts of talent and becoming and expert to both trading and programming. In the second half of the podcast, John reviews an article in Futures magazine titled “New Approach in Analyzing Forex Markets“, by Abe Cofnas.  John discusses ways that sentiment analysis could be done automatically by software.  

In Episode 1 of the Trader Tech Talk podcast, John reviews the book Trading Systems by Urban Jaekle and Emilio Tomasini. You can also read John's book review of the same book in this blog post here.