1. Trading Systems Coding: Introduction
  2. Trading Systems Coding: System Design
  3. Trading Systems Coding: The Coding Stage
  4. Trading Systems Coding: The Coding Process
  5. Trading Systems Coding: Testing, Troubleshooting and Optimizing
  6. Trading Systems Coding: Using Your System
  7. Trading Systems Coding: Conclusion


By Justin Kuepper
Contact Justin

After going through this step-by-step tutorial, y

ou should have a fully operational and fully automatic trading system.

As you continue working with your system, keep in mind the following:

  • Always backtest until your system performs well with past data, then paper trade to make sure your system performs well with current data.
  • The market has two phases - trending and ranging - and very few trading systems handle both perfectly. Be sure to only trade in a market that your system can beat.
  • Make changes one at a time so that you can pinpoint which aspects are improving your returns and which are hurting them.
  • Keep it simple. Extremely complex trading systems are often fitted to work well with past data, but are incapable of adapting to new market conditions.
  • Make sure that you know the strategy behind your trading system. As absurd as it sounds, many people develop their systems until they become so complex that they forget the underlying strategy.
  • Don't over-optimize. Optimizing too much can lead to what is known as curve-fitting, which can reduce your trading system's effectiveness and ability to adapt.
Resources
Here are some trading applications worth checking out:
MetaTrader - http://www.metaquotes.net/
TradeStation - http://www.tradestation.com/
Tradecision - http://www.tradecision.com/
MetaStock - http://www.metastock.com/
AmiBroker - http://www.amibroker.com/
WealthLab - http://www.wealth-lab.com/
Comprehensive List - http://traderslaboratory.com/

Here are some community resources that can assist you:
TradersLaboratory - http://www.traderslaboratory.com/
Moneytec - http://www.moneytec.com/
StrategyBuilderFX - http://www.strategybuilderfx.com/

Related Articles
  1. Financial Advisor

    A Day In The Life Of A System Trader

    Systems traders divide their time between trading, developing, backtesting, optimizing and forward testing, to create viable and high-probability trading systems.
  2. Trading

    How To Start Trading: Testing Your Trading Plan

    An important part of a trading plan is testing to determine what you can expect of its performance. Backtesting and forward performance testing will help you predict if your plan will succeed ...
  3. Investing

    Inside National Payment Systems

    Investopedia explains: The global interconnection of U.S. payment systems makes commerical and financial transfers possible.
  4. Trading

    Top 4 Things Successful Forex Traders Do

    By blending good analysis with effective implementation, you can dramatically improve your profits in this market.
  5. Trading

    The Pros And Cons Of Automated Trading Systems

    Automated trading systems minimize emotions, allow for faster order entry, lead to greater consistency and resolve pilot-error problems.
  6. Trading

    6 Steps To A Rule-Based Forex Trading System

    Learn to add structure to your trading methods with these six important steps.
  7. Managing Wealth

    Interpreting A Strategy Performance Report

    These key performance metrics will help you decide if your trading strategy is a winner.
  8. Trading

    4 Reasons Why You Need A Forex Trading Journal

    Most brokers will provide you with trade records, but it's also important to keep track on your own.
  9. Financial Advisor

    Top-Tier Home Security Systems: Which Are Best?

    Here's help sorting out the different types of home security systems, which features will work best for you and the costs.
  10. Trading

    Backtesting And Forward Testing: The Importance Of Correlation

    Correlations between backtesting and forward performance testing results can help you optimize your trading system.
Trading Center