MoneyTec 2.0 - Online Forex Traders & Brokers Social Networking Community » Trading Methodologies » Tools of the Trade » Software Development

[gscull]

Hi,

I am about to write a trading program/signal generator in Java (for cross platform functionality) as part of my MSc disertation. Does anybody know of a relaible data feed provider that is not proprietary ie in ASCII or another readable format? Thanks in advance

Gary.

[Bishamon]

Hi gscull,

Gain Capital offers a proprietary API service but they have a support forum where you might find some snippets of code that would probably be beneficial to your endeavors.

May I ask what's your dissertation on anyway?

[gscull]

Hi Bishamon,

Thanks for your reply, I have found a decent source of EOD data which I can use.

I am writing a piece of software that will employ pattern recognition and fibonacci analysis to provide likely turning points in the market and hence buy sell signals and exit points based on sound money management techniques and appropriate risk:reward ratios. The university is more interested in the programming aspect, but I intend the software be fully tested for its accuracy of predictions and providing a good return on investment. Testing should begin in early August. I can post the results here if anyone is interested?

[yardie]

GScull I would be very much interested. Feel free to post your results. Good luck .

[gscull]

Results so far... I will be posting in real time on this thread

http://www.moneytec.com/forums/f128/...tomated-20913/

All trades called and their outcomes since conception.

Gain amounts assume initial investment of £5000 each trade risk 3% of overall capital

11/08/06
DOW 30 Buy @ 11120 Exit @ 11045 Loss £150
12/08/06
DOW 30 Buy @ 11086 Exit @ 11538 Profit £1356
12/09/06
GBP/USD Buy @ 1.8666 Exit @ Trade ongoing current price 1.8861

Total Profit at 14/09/06 £1206
Current Balance £6206
Return to date (Since 11/08/06) 24.1%

[sophie87]

yeah..gain capital..