The future of automated trading - page 6

New comment
 
timbo:
Finding one freak and using it as an example to draw far-reaching conclusions about the whole industry is very low-level. What have the µl languages brought that matlab, for example, does not have? I can instantly name a lot of things in Matlab necessary for full-fledged analysis which are absent and will never be present in µl. And vice versa?
Exactly right. That doesn't exist and never will. And quite rightly so. Matlab is one thing, a stock programming language is another. Take for example the incredibly cool and modern programming language C#. It implements only the simplest mathematical functions like cosine, sine, modulus, etc. Do you consider it cheesy because of that? Not at all, you just need to connect specialized libraries which provide the required functionality.
 
Catching ticks is the road to nowhere. Even with super specialised software, you simply can't use it, as it requires the organisation of multi-million dollar enterprise scale clusters and specialised hosting. You will need to be located within "a couple of blocks" of the Exchange servers, broadband fibre optic links, preferably directly connected to the Exchange servers. Organizing such technical support is simply unrealistic for mere mortals, unless of course they are willing to spend hundreds of thousands of dollars a month on such trifles.
 
C-4:
Catching ticks is the road to nowhere. Even with super specialised software, you simply can't use it, as it requires the organisation of multi-million dollar enterprise scale clusters and specialised hosting. You will need to be located within "a couple of blocks" of the Exchange servers, broadband fibre optic links, preferably directly connected to the Exchange servers. It is simply unrealistic for mere mortals to arrange such technical support, unless of course they are willing to spend hundreds of thousands of dollars a month on such trinkets.
I was actually talking about this from the very beginning, but for some reason it all came down to mcl. And the question is, can MT compete with all this wealth? The additional information to the question is that the resource of TA, Fibonacci and other behavioural patterns is already exhausted. There are no longer crowds of speculators in the market following a mythical trend or trading in overbought areas. There are computers that do not suffer from a craving for round numbers.
 
The opinion that due to the ever increasing efficiency of the markets (due to robots, one would assume), it has become practically impossible to make money comes from an attempt to justify your own powerlessness. Just as ten, twenty years ago, those strategies that worked and gave consistent results are still working and earning just as much as they did then. Some of them are even available to the public, printed in books and everyone knows about them. The same strategies that did not work then, do not work now. Even a simple MACD strategy can significantly reduce the risk of unfavourable price movement. It will not cause a stable growth, but it will help to avoid sharp drops and uncontrolled growths, which you can see in the symbols.
 
And why should MT compete with these specialised environments? MT is a public platform. It has its own niche - serving brokers. Even if MT were to become so specialised, who would it be able to sell its capabilities to? A bunch of hedge funds overseas? Ordinary traders would have absolutely no use for these features, even if they were publicly available.
 
Even if it goes the way Timbo writes, MT will still have its niche. But I don't think it will. They won't squeeze a cow that lays golden eggs out of the market. There will always be offers for small investors.
 

timbo:
Я могу сходу назвать много чего есть в матлабе необходимого для полноценного анализа, чего нет и не будет никогда на мкл. А вот наоборот?


What is there in matlab that will never be on mcl?)
 
timbo:
To find one freak and use his example to draw far-reaching conclusions about the entire industry is very low level. What have the mcl languages brought that matlab, for example, does not? I can instantly recall many things in Matlab necessary for full-fledged analysis which are absent and will never be present in µl. And vice versa?

This is practice - we have been in this industry for many years.

Most custom analysis systems are 99% comprised of their own environment creation bike and only a minuscule part of the business logic itself.

When Matlab has full access to the trading account, the market environment and can trade on its own, then you can start asking questions with comparisons. In the meantime it's a very good system, not directly related to trading.

 
Renat:

It's a practice, we've been inside this industry for many years.

Most custom analysis systems are 99% in-house built environment cycling and only a tiny fraction of the business logic itself.

When Matlab has full access to the trading account, market environment and can trade on its own, then you can start asking questions with comparisons. In the meantime, it's a very good system, not directly related to trading.

Here's a comparison, not a bushcraft, but a CQG and Matlab bundle http://www.automatedtrader.net/news/algorithmic-trading-news/35299/cqg-connects-to-mathworks-matlab.

At first glance a great bundle. The task of the trading platform is to trade ... http://www.itg-direct.com/index.php?option=com_content&view=article&id=77&Itemid=96 nothing extra

The task of matlab is to analyze and give commands to the terminal...the task of the terminal is to trade

And as far as I remember matlab can be connected via API. And matlab already has a lot for financial analysishttp://www.mathworks.com/company/events/webinars/wbnr30671.html?id=30671&p1=66127&p2=66128

S.Y. Not without reason the first publications when the new terminal appeared were about how to connect Matlab. But the solution is a crude one, while it needs to be done at system level, because in essence what we see in the terminal when we press CTRL+M (market overview) is a matrix, while there is no matrix algebra in MQL...

 
<br / translate="no">...because essentially what we see in the terminal when we press CTRL+M (market overview) is a matrix...

I always suspected that we live in a Matrix! Turns out we do! Morpheus give me a truth pill!
12345678910111213...28
New comment