Hivetrader Community-Based Trading
A while back FX Engines switched its strategy from automated trading systems based solely on backtested technical indicators to systems that are fine-tuned with input from a community of forex traders. To reflect this new community-based methodology, it's now called Hivetrader. Here's a quick breakdown of how it works, lifted straight from their front page:
- You view the hive [the community of traders] to see the best community-created systems.
- You copy hive systems.
- You improve the systems and re-test them.
- You trade the systems live with the dealer of your choice.
Full disclosure: I have an advertising relationship with FX Engines/Hivetrader, but I promise to publish any and all feedback posted here, good or bad, as long as its on-topic and not spam.
Labels: Automated Trading, FX Engines
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