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Old 09-16-2010, 07:55 AM   #1

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Suggestion on Platform for Coding Basic FX System (non Execution)

Hi Guys,

After years of working out an FX system that suits how I want to trade I'm looking for a platform that can help identify the trades and hoping for some (experienced) suggestions.

I am NOT looking to build a robot.

What I want to do is simply place an arrow on the confirmation candle and have an audible sound play to alert me to a trade opportunity, on various time frames and pairs.

Code wise it'll be pretty simple. X period close above MA with macro MA filter on another time frame, maybe a few indicator filters as well.

I had a quick look around on google but mostly found advanced EA robot builders. I use E-signal for data but haven't delved into it's other features (and it's a bit of a dog to program I heard?). I use Dealbook to execute but haven't looked at coding it directly (anybody tried?) and as I'm not planning on trading the signal generation directly I'm happy to look anywhere.

Suggestions? MT? NT? SR??

I have enough understanding to manipulate code, or my other half is a programmer and can talk geek if required :-D

Thanks in advance.

Last edited by robertm; 09-16-2010 at 07:57 AM. Reason: continuance
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Old 09-16-2010, 07:58 AM   #2
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Re: Suggestion on Platform for Coding Basic FX System (non Execution)

Quote:
Originally Posted by robertm »
Hi Guys,

After years of working out an FX system that suits how I want to trade I'm looking for a platform that can help identify the trades and hoping for some (experienced) suggestions.

I am NOT looking to build a robot.

What I want to do is simply place an arrow on the confirmation candle and have an audible sound play to alert me to a trade opportunity, on various time frames and pairs.

Code wise it'll be pretty simple. X period close above MA with macro MA filter on another time frame, maybe a few indicator filters as well.

I had a quick look around on google but mostly found advanced EA robot builders. I use E-signal for data but haven't delved into it's other features (and it's a bit of a dog to program I heard?). I use Dealbook to execute but haven't looked at coding it directly (anybody tried?) and as I'm not planning on trading the signal generation directly I'm happy to look anywhere.

Suggestions? MT? NT? SR??

I have enough understanding to manipulate code, or my other half is a programmer and can talk geek if required :-D

Thanks in advance.
the best would be MT4. NT and SR are mainly for futures market.
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Old 09-16-2010, 08:22 AM   #3

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Re: Suggestion on Platform for Coding Basic FX System (non Execution)

If you want quick results with the minimum fuss you could do worse than Tradestion or Multicharts (Id go with the latter). The hurdles you will face are learning the structure, api and conventions of the platform you choose. I have programmed MT4 the obvious choice (to a lesser extent admittedly), Ninja, NeoTicker, Ensign, Metastock and probably a whole bunch more that I have forgotten. Easy Language (used by Multicharts & tradestation) is hands down the quickest and easiest for having something running quickly. What might take hours to days in some environments can be done in minutes to hours in EL. Not only that there is a vast amount of code in the public domain to draw upon.

Of course if you want to develop skills you want to leverage elsewhere then that's probabbly not the best choice. If you want to do high frequency stuff or order book analysis (or other tricky stuff) again I would probably give different advice. If you just want to get the job done without much fuss (you want to concentrate on trading right?) then you could do much worse than EL.
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Old 09-21-2010, 06:09 AM   #4

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Re: Suggestion on Platform for Coding Basic FX System (non Execution)

Quote:
Originally Posted by emg »
the best would be MT4. NT and SR are mainly for futures market.
FX can be traded as futures or spot. Also I know people using NT via IB and GFT offer SR solutions, so they can be used if that is what the solution calls for.
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Old 09-21-2010, 06:21 AM   #5

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Re: Suggestion on Platform for Coding Basic FX System (non Execution)

Quote:
Originally Posted by BlowFish »
If you want quick results with the minimum fuss you could do worse than Tradestion or Multicharts (Id go with the latter). The hurdles you will face are learning the structure, api and conventions of the platform you choose. I have programmed MT4 the obvious choice (to a lesser extent admittedly), Ninja, NeoTicker, Ensign, Metastock and probably a whole bunch more that I have forgotten. Easy Language (used by Multicharts & tradestation) is hands down the quickest and easiest for having something running quickly. What might take hours to days in some environments can be done in minutes to hours in EL. Not only that there is a vast amount of code in the public domain to draw upon.

Of course if you want to develop skills you want to leverage elsewhere then that's probabbly not the best choice. If you want to do high frequency stuff or order book analysis (or other tricky stuff) again I would probably give different advice. If you just want to get the job done without much fuss (you want to concentrate on trading right?) then you could do much worse than EL.
Thanks BF, waited to see if any others chipped in before replying.

I think I'll have a look at EL via MT for starters due to the popularity & therefore ease finding info/assistance. Is there any difference if I start on MT5 given it's the newer? (ie, will all the public domain info still be applicable or were there major changes between the two code wise?). I realize it's not offered by as many brokers for the moment though, or just use MT4 then migrate later?

After proving it it's useful I'll consider any changes in my eSig preference for main charting package.
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Old 09-21-2010, 12:02 PM   #6

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Re: Suggestion on Platform for Coding Basic FX System (non Execution)

AmiBroker - Technical Analysis Software. Charting, Backtesting, Scanning of stocks, futures, mutual funds, forex (currencies). Alerts. Free quotes. works with esignal too
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Old 09-22-2010, 02:07 AM   #7

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Re: Suggestion on Platform for Coding Basic FX System (non Execution)

It does, and I love it for end of day work, but I don't like it for multi chart handling. I'm still on 4.8 though so I should check out 5.5 featuring "automatic Walk-Forward Testing, Multi-monitor floating charts, symbol and interval linking", according to their pitch.
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Old 09-23-2010, 03:57 PM   #8

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Re: Suggestion on Platform for Coding Basic FX System (non Execution)

sierra chart would be perfect for this. code in C++, alert can sound or even send you an email. FX data is included in the basic package, which is very reasonable.
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