To paraphrase Oscar Wilde, trend-following hedge fund computers know the price of everything, but the value of nothing. This means human investors who focus on value over the long term, rather than price trends, should always be able to profit.
I would agree with that. But I’m not interested in the long term value of stocks or currencies or commodities. I’m a trader. I want to make my return then take my profits and move those money into other investments like property.
I have traded manually for years at home. You may ask why when I have worked for banks and hedge funds. Why? Because the computer power needed to algo trade effectively 10 years ago was over $100k. Now I am doing it on a water cooled PC that just cost me $4k.
And the results are spectacular. Full auto trading. 100% machine based trading.
Today for example from Midnight to 4pm UK time the EnigmaSignal auto trader had made 90 pips on GBPAUD alone (see below). By 9pm that was 150 pips.
How much screen time have I spent doing this? Zero. Read that again. Zero screen time.
Sure I had to set up the parameters. That took me a couple of hours.
Parameters like: move stop to break even. minimum profit target, risk: reward ratio etc.
But now I have this strategy set …. the machine will execute the strategy ruthlessly and without emotion. When I saw a couple of these trades I wondered how in the heck it had taken them. I could see the setups were good, but I would never have taken them manually.
And so as we move flat (another parameter for the end of the US markets) I am over 160 pips to the good or put it another way $3200. Will all days be this good? Maybe not. But this was just one currency pair.
For the first time ever I now feel we truly have the power to deliver a personal algo trading machine for every trader. To allow you to achieve consistency in your trading to a level that most traders have never seen. It’s a trip. Existing users will be upgraded free of charge. new users will be able to lease or purchase the product.
For now, the testing continues. Real money. Real trades. Nothing at all is hidden. Those of you who know the address can screen share and watch it live. Those that have done so already are ready to be upgraded today!!
Be patient. We’re almost there. We have everything running on Sierra Charts.
Soon we hand the algos over to our Ninja Trader platform programmer.
By end June we will be live on Sierra and Ninja. They have the power to handle the complex math. MT4 is just not up to the job. Other platforms we will consider in due course.
And finally. Remeber in all of this, the human is still in the loop. The machine trades YOUR orders. Its just trades faster, without emotion and it always follows the rules. You still need to fit the system to your personality and risk profile. That’s why all new EnigmaSignal members will still have the opportunity of 1:1 coaching and a complete boot camp course.
At EngimaSignal we dont just backtest the trades. We backtest the traders.