Silicon Markets Ltd - Algo Trading on the next level ๐Ÿš€
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Channel for Silicon Signals, the FX Algo development platform by Silicon Markets
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Torch Markets Backtest Contest is on!
Channel name was changed to ยซSilicon Markets Ltd - Algo Trading on the next level ๐Ÿš€ยป
Hi, just to let everyone know, I'm still working on a new video that would do a walkthrough on creating an algo strategy, including backtesting, and up to running it as a signal. I'll publish it here the moment it's done.

Sabar ye, akan datang.
Forwarded from Deleted Account
A trade has been closed for the strategy EURUSD MACD Sell Pinotage v1 at 2020-03-03T10:12:43 ( UTC )
Please find the details below:
Currency pair: EUR/USD
Size: 0.2 CFD
Direction: Buy
OpeningPrice: 1.11316
ClosingPrice: 1.11313
Profit/Loss: 0.30( PIPS )
Total Strategy P/L: 127.60( PIPS )
For those who might be wondering, I (Yusseri) am auto-forwarding the signals I receive from my running strategies into this channel.
Forwarded from Deleted Account
Your strategy USDSGD MACD Dadaist I has a condition met. The trade parameters are as follows.
Currency pair: USD/SGD
Size: 0.2 CFD
Direction: Sell
Price: 1.38483
Take Profit (pips): 90
Stop Loss (pips): 30
Trailing Stop (pips): 10
Forwarded from Deleted Account
A trade has been closed for the strategy USDSGD MACD Dadaist I at 2020-03-03T16:15:06 ( UTC )
Please find the details below:
Currency pair: USD/SGD
Size: 0.2 CFD
Direction: Buy
OpeningPrice: 1.38483
ClosingPrice: 1.38783
Profit/Loss: -30.00( PIPS )
Total Strategy P/L: -350.70( PIPS )
Market Update

It has been an interesting trading week as risk markets mainly equities have continued to rise along with gold.

Just yesterday (Thursday), US President Trump announced that the US will be looking to open parts of the economy in phases. It has to be said there are conditions to the reopening of schools and shops but the target time for implementation is 1st May.

The good news didnโ€™t stop there, Gilead (US-based pharmaceutical company) announced that their tests on coronavirus patients in a Chicago based hospital have been positive. The patients were said to be in a serious condition and the treatment reduced temperature and relieved respiratory issues.

Off the back of these news stories Gilead shares rose 15%.

Read More

https://lnkd.in/eDbTcxr

If you would like any more help or information please do not hesitate to contact us.

www.siliconsignals.com
support@siliconsignals.com
INTRODUCTION TO BACKTESTING ON THE PLATFORM

Backtesting is one of the most important functions of the whole platform. This lets you know if the system you have developed is viable or not. The backtesting function also allows you to work out if you have the correct money management system to go with your system.

There are many occasions that you may need to adapted the money management to fit the system you have created. There are some occasions where you can curve fit your system to the data to get the correct results so be aware of that.

All previous results cannot guarantee future performance and any successful backtest does not mean the future results of the system will be guaranteed.

Having said that if you develop a robust system test it on a few different markets and timeframes to see if it stands the test of time.

You can then test the signals on a demo account if you wish to ensure you are trading the right strategy for you.

The way it works on the platform is very simple. There are two types of backtests, the precise and fast.

https://youtu.be/VCD_jcFC80s

As always if you need any help please do not hesitate to contact us.

www.siliconsignals.com
support@siliconsignals.com

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