Hey all. Iām a programmer and have played some with forex. Mostly what Iāve done with a friend is use signal services where I would automatically parse the signal and via Meta Trader have the orders entered automatically. Of course with this method we are tied to the signal provider and havenāt had much luck. From what I can see they all use shady math on their sites to show their āprofitsā.
I was thinking instead of trend trading. My idea is from MT have a process that dumps the price & timestamp to a file every x seconds. Then have another process reading this in and storing it in a database so that I can have another program check out the trend lines over whatever time period I want.
Iām more interested in sniping and from what Iāve read the opening of the US and UK markets is the best time for this as itāll have the most movement and less noise.
Just wondering if anyone has any advice, thoughts, etc about this or signal services?
For sure doing this on a demo account
Thanks!