
How to Develop Strategy in Jforex. Part 1
ak10 Posted 17 Nov. in #Strategy #Automated Trading #Jforex ApiThis time I have decided to share with you all, a method to develop Automated strategy in JForex platform.
Dukascopy offers us various opportunities to grow and strategy development means automated trading is one of them. I believe that if we make combination of manual plus automated trading can increase winning ratio in trade. My personal experience says there are many benefits of designing and developing strategies. In the process of designing strategy and increase its success rate I keeps trying various combinations of indicators. And in the process my manual trading is also improving. Because what looks good on chart may not go well in automated trading, and things which we haven't imagine can work well in automated trading. So, when we keep trying I am sure we can get a combination of indicators which will be highly successful. Another benefit is associated with is test run of strategy using historical tester gives us insight about reliability of strategy as well as reliability of indicators used. If you test run strategy for 2-3 years you will get idea about conditions where strategy will work and where it will fail. This guides us when to enter into trade and wh…