Training, analysis and automation for Foreign Exchange (Forex) trading
Omicron Forex offers resources for traders and trader training based on the Omicron Forex automated routines, which are written for the Dukascopy (Swiss Forex Bank & Marketplace) JForex Java API, the MetaTrader MT4 platform and the MetaTrader MT5 platform. The automated routines incorporate a tested breakout strategy and the principles of money management, risk control and profit accumulation that all profitable traders must learn to follow.
The algorithmic routines are complemented by the Omicron Forex Trading Manual (available on Amazon.com), the Omicron Silver Trigger Algo Routine documentation and the Omicron Forex 'Psychology of Trading' training course (www.omicronforex.com).
The automated routines are not "Forex robots" as there is an essential element of discretion required around their use. They is used to assist training and to drive home risk reduction and money management concepts, and are complemented by the daily commentary on www.OmicronForex.com relating to events that are likely to affect the Forex market.
In addition to their use in real-time trading, running the automated routines in the back-testing Historical Tester function of the JForex platform greatly accelerates understanding of the concepts required for Forex trading, which are the ability to think in probabilities, the maintenance of discipline and the psychology of trading.