We have been testing our new Automated Trader for 8 month from October 2020. The PPA based strategy stayed profitable. See the detailed report of our 8 month long GBPUSD live test.
Trade copier is the latest part of our flagship product – Smart Forex Tester Suite. We added it after recently conducted testing of the Automated trader.
Trade copier uses in live trading the market timing signals that are generated by our automated trader running on the TrueFX data feed.
The feed provided by TrueFX is unfiltered. You can have over 10K ticks an hour. And it’s of very high quality. Our strategies using this feed achieved very positive results.
However, retail traders can’t execute orders via TrueFX. This is why we decided to use the quality signals to be executed over the MT connector that we already have.
We have published 2 test reports on our winning day trading strategy that is included in our Automated Trader part of our Smart Forex Tester Suite.
In our first monthly test on EUR/USD and GBP/USD the baseline strategy was consistently profitable when run on the TrueFX live data feed.
In the second weekly test on GBP/USD the version1 of the baseline strategy made over 400 pips profit when the pair’s volatility was only 205 pips.
The screenshot below shows how the profit was accumulating on all the trading session from Tuesday London thru Friday NY.
Weekly profit over 400 pips on GBPUSD with volatility 200 pips
The strategy was active all the time. The pattern we see: gains during volatile UK trading (dashed vertical lines) and losing small in calm markets after the NY session.
The profit curve is very smooth – no big single losses. The longest losing streaks during Asian sessions resulted in only small absolute draw-down.
Total win ratio of 50.2% means that an average wins were substantial. If paused during the Asian trading, the strategy would deliver much higher win ratio.
In addition this release will feature the redesigned Simulation GUI. Below is the prototype picture. Stay tuned and monitor your emails for the release email.
If you are not yet our subscriber, subscribe now – it’s free.
Day trading signals generated by Pivot Points Analyzer (PPA) in real-time help you enter the markets closely to its extremes. It is essential, as you can front-run many of those who only use lagging indicators. And it makes opening a profitable position much easier. Both manually and with trading automation.
We are currently finalizing a very important new PPA feature. Now, you can optimize the PPA parameters dynamically, i.e. adjust them to the current markets.
With the optimized parameters, PPA generates more accurate day trading signals.
Such optimization is needed, because the markets don’t always behave the same way. To understand whether if optimization can help, we did the following study.
We ran the same day trading strategy only on Asian trading sessions for one month. The strategy only used the PPA signals to enter and exit the markets. During all the tests, the PPA parameters stayed the same.
We picked Asian session because they are rarely very volatile.
Overall, the test was profitable. We investigated the worst session and could turn it to a profit by only adjusting the PPA parameters for this session.
This adjustment made the signals match the market extremes much better. And trades became profitable.
It is very important to note that the parameters stayed the same during the session!
Why is this important? This means the changes in the markets’ behavior doesn’t happen very fast. Giving us enough time to run optimization to adjust to the change. And also profit from optimized results.
In the first version of the optimizer you run it manually. You can configure the time span you optimize on.
Enhancements planned for the optimizer include running the optimization on the background. This will make it possible to optimize in a rolling fashion. For example, run it every time we got 500 new ticks. Or every time a new PPA signal is fired.
One of the benefits of Smart Forex Tester is is that now you can switch your favorite trading strategies on the fly*.
The idea behind the switching is very simple – for you to quickly adjust the strategy to the market situation.
This feature works in both testing and trading modes.
In the GUI, favorite strategies remind preset buttons in a car radio.
Saving a tested trading strategy in Favorites
Once you successfully compile a strategy, you can save it as one of the favorites, and also add a comment, so that you would remember the details later.
You can read this comment later as a tooltip – when you hover the mouse over the button.
Smart Forex Tester stores your favorite trading strategies on disk, so you can use them immediately after you start the software.
You can always re-write any of the favorites or change the comment.
Last but not least, switching the strategies happens really fast. In most cases, the next tick that comes after you clicked the button, will already be processed by the new strategy.
To celebrate so long awaited summer, we decided to make our subscribers a very attractive offer for our flagship product – Smart Forex Tester Suite 2.0!
This sale will be announced next week. Please check your email regularly for the detail.
In case you haven’t done it yet – subscribe now. It is free.
There are some really cool features of the 2.0 series that we are developing.
If you need a refresher what our software is capable of, take a look here.
And last but not least: did you know you can get our premium software absolutely free?
As 2018 comes to an end, we are glad to report that we are close to finalizing all the features that were planned for the 1.0 series of the software.
Both Data Manager and Test Manager functionality (Fast Test mode and Test Batch mode) have been already released.
MetaTrader integration is still in the works, and we recently decided not to include this feature into the 1.0 series, but make it part of the 2.0 version instead.
Now, with the testing framework in place, in the 2.0 series we can concentrate on the usability, and – most importantly – we will be also working on implementing our ideas for dynamic strategy optimization.
Note that with MT integration in place, our market timing tool can be used not only on Forex, but also on other markets. So, we are thinking of changing the product name, as well.
If you’ve already purchased a 1.0 license, don’t worry! You will get the MT integration update for your software in January 2019 (and will continue to get free updates for life).
If you haven’t yet purchased the 1.0 software – read on!
As our software now got to the next level in its maturity, its price will increase correspondingly – we will double the price starting 2019.
You still have it until the New Year to purchase the Suite at the old price. And it’s still just one-time payment, and free updates for life included. And of course, risk-free for 30 days.
Moreover, our subscribers cam claim even a more attractive deal.
If you are a subscriber already, be sure to check your email for the offer.
If you are not a subscriber yet, subscribe now (it is free).
Update 07/17/21: The feature table is outdated! We are working on the update – check back shortly.
Smart Forex Tester Suite products provide a set of advanced tools for developing and testing your trading strategy.
The products can be used for manual trading simulation and trading automation with the standard C++ language. Testing is possible both on real live prices and offline.
The license comparison chart below shows the features enabled in each product included in the Suite (click on the image to enlarge).
Smart Forex Tester Suite Products and Licenses
Different products included in the Suite provide different combinations of data feed and trading automation level.
Any Forex strategy testing tool must have two key elements: a source of market data and a trading commands execution mechanism.
A trading strategy can be executed either manually, or automatically. The data feed can be either real-time price quotes from a live data feed or historical prices stored in a file.
Free Products
Online Trading Simulator streams live real prices to practice the manual trading when the Forex markets are open.
Offline Trading Simulator renders historical data to make it possible to practice the manual trading even when the markets are closed.
Stay tuned and monitor your emails for the release email.
