Automated Trading Tools For Excel

Excel is the first choice for many traders. Most people have some familiarity with it and can lay out spreadsheets for their trading data, it allows construction of trading strategies using formulas and it also has VBA, which is a powerful programming language, capable of automating manual processes.

The disadvantage is that it can take time to build testing tools, or build the trading tools that you need. Also, it can be difficult to integrate your spreadsheet with the market, if you want to automate your trading. Previously, I wrote macros to do a lot of this, but I have recently started using commercial software. Writing my own macros, or getting contractors to write them was time consuming, and sometimes I felt that I could not rely on the results.

Automated Trading Update – Conclusion

For those who have been following, I’ve been trying out FXCM’s Forex System Selector with some trading models selected by FXCM.

To date, my experiences have been mixed. Read on to see my final conclusions on whether you should be putting your money into this product.

Automated Trading Update – Week 4

For those readers who have been following this series, this is week four (probably the last week) of a week by week update on the trading performance of FXCM’s Forex System Selector. This is web based software that will automatically trade your forex account without any manual involvement. Too good to be true? This is what this series sets out to discover.

Automated Trading Update – Week 3

This posting is an update on how the automated trading system, FXCM’s Forex System Selector, has performed to the end of the third week of a four week trial. In previous postings, I’ve gone through the process of selecting trading models and provided some details of how the trading has gone each week. Over time, we should get a more realistic view of long term system performance.

Read on to see the results to the end of the third week and find out something interesting that happened this week.

Automated Trading Update – Week 2

This posting is an update on how the automated trading system, FXCM’s Forex System Selector, has performed to the end of the second week of a four week trial. Previous postings about this detail the process of selecting a trading portfolio.

Read on to see the results to date.

Automated Trading Update – Week 1

I’ve previously reviewed FXCM’s Forex System Selector, which is an automated forex trading tool. On the surface, it seems ideal – select a model, sit back and let it trade proven models for you. In reality, I’ve had difficulty in obtaining consistent results.

Recently I’ve revisited this, and have used a new feature, portfolio selection. This has some preselected combination of trading systems. This posting is about how the selected portfolio has traded during the first week.

Automated Forex Trading – Revisited

In previous postings, I tested the FXCM Forex System Selector. This system automatically trades forex on your behalf using black box trading models that you have selected. Theoretically this could be like having your own ATM in your living room producing constant trading profits.

Following a comment from a reader requesting an update, I’ve decided to revisit FXCM selector to review my previous findings. Read the rest of this article to find out about some changes.

Automated Trading – Results to Day 13

This article is an update of progress with the second month of testing of FXCM’s Forex System Selector. In previous articles, I’ve gone through the selection process for choosing some trading models, but this article is about how the selected models are trading to date.

Automated Trading Results – Day 5

The new selection of trading models for the second trial of FXCM’s Forex System Selector have been active for 5 days (including a weekend). This article is an update on performance so far.

Automated Trading – First Results – Day 1

This article reports the first results for the new trial of FXCM’s Forex System Selector.