The Forex Projects

The goal of this site is to provide a place for non-institutional traders to discuss techniques and anything else that can make us successful. This brings me to my vision of what this site can become. In the spirit of open-source, I would like to experiment with the help of others in devising trading strategies based on historical and real-time data.

As it pertains to historical data, I would like simulate trading sessions by computing various technical indicators to find buy/sell signals for the major currency pairs. For example, to better understand the Moving Average Convergence Divergence indicator, we can loop through historical data and generate buy or sell signals based on crossover of MACD and signal. Profit and loss can be calculated based on these signals per currency pair.

We could also combine indicators or change indicator settings and run the simulation again to find "golden" opportunities. I know the institutional organizations are constantly crunching data and just by doing this, we can better understand indicators and their accuracy in predicting market events. I’m going to do this but would like some help.

I think it is an interesting and rewarding experiment, hence the name of this site, "The Forex Project." I have a dedicated server with single-processor compute power and programming skills to go along with it. I am a computer science major and not a math major so there may be a learning curve in designing programs based on indicator calculations. I cannot really begin until I have completed the processing of historical data which is running as I write this. I have projected that it will take 4 1/2 days to complete a years worth of data. I started processing USD/JPY historical data last night from 01/01/2005 and 12 hours later, my program is processing data from 02/09/2005. It took a good 12 hours to process a month of data.

I’m going to continue to develop an infrastructure to promote communication amongst participants and a platform to be able to provide experimentation. If anyone is interested, let me know.

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