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The Internet is, truly, the great leveler for traders. There was a time when it could have taken years
for a technology or technique that was in use by the professionals to be made available
to the gifted retail investor or trader.
Not any
more. For a while now it has been apparent to large hedge funds and Forex
dealing institutions that the holy grail of a Forex trading robot, which could
be uploaded into a computer and allowed to operate unsupervised, making profits
while the owners were away doing something else, was a dangerous delusion. The
reason for this is the total confusion and disorder that exists in the Forex markets
from time to time. Robots can be a recipe for disaster.
Not ones to
stand still,
the big players moved on, as they always do, and discovered that Algorithmic trading does have an important part to play, but as an assistant to
the discretionary trading that well trained humans can be so good at, rather than
as a trading robot.
Now this
technology is available to those outside of the institutions and hedge funds, who
nevertheless make up a large part of the Forex trading community.
Omicron
Forex has developed a suite of complementary products that takes full advantage
of the idea of a Grey Box, as opposed to the illusory Black Box. There are
books (The Omicron Forex Trading Manual), the Omicron Forex Silver Trigger Algorithmic
grey box software routine for MetaTrader MT4, MT5 and the Dukascopy JForex
platforms, and the Omicron Forex “Psychology of Trading” interactive online
Forex training course.
You can see
them all at www.omicronforex.com.
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