Have you noticed that forex weekend gaps usually reverse within 3 days? Here I’ll program a mean reversion strategy to exploit gaps over the last 18 years!
Should you increase your lot sizes for higher probability trades? Let’s code a dynamic position sizing scheme to capture more outsized wins!
Pivot points are the perfect tool if you trade using support & resistance. Here’s how to develop an automated pivot points forex strategy!
The Money Flow Index is sometimes called the volume-weighted RSI. Can it outperform the RSI in this trend following strategy?
Are you a victim of excessive trade slippage? Here’s how you can minimize slippage, and more realistically simulate it in your backtests!
Selecting a profitable entry is a critical step in strategy development. Here I’ll demonstrate how to use the Edge Ratio to maximize your profit potential.
The System Quality Number measures the profitability & consistency of your trading system. Here’s how to calculate your SQN and use it to improve your trading!
StrategyQuant’s BBWR indicator is the perfect tool to detect a Bollinger Bands squeeze. Here I explain how it’s calculated, and use it to program a breakout strategy for the AUDJPY!
The Schaff Trend Cycle is a unique combination of the MACD and Stochastic indicators. Here’s how you can use it to improve your trend following results!
The Kelly criterion is a famous mathematical formula that attempts to maximize your long-term capital growth. In this post, I’ll apply it to a EURUSD breakout strategy and explain some of its potential shortcomings when applied to forex trading.
Knowledge of intermarket correlations can improve your forex trading win rate. Here I explain three important types of correlations, and how you can use them to benefit your trading.
Forex day trading seems to have a particular appeal to new traders. Here I highlight five hidden challenges of day trading, and offer some suggestions on how to overcome them.
A temporary trading pause can improve your win rate if you’re trend following a volatile market. Here I’ll program a trading pause into a simple breakout strategy, and test its effectiveness on the Widow Maker – the GBPJPY.
Partial profit taking is a dilemma often faced by long-term trend followers. Could this benefit your overall strategy performance?
A catastrophic stop loss is a vital risk management tool for many traders. Here I’ll show you how to optimize your stop loss distance using maximum adverse excursion.
Hey there, Wayne here! I’m on a mission to develop robust algorithmic trading strategies for the forex markets. Trading Tact is where I share my trading methods and insights.