This a new tool we developed for MetaTrader users. Many traders often run 10+ instances of MT4 to determine which brokers offer the best spreads.
The spread comparison page allows you to track basic statistics on live brokers' spreads including:
-The current spread
-Current bid/ask...
Craig,
Most liquid stocks trade on spreads of 0.2 - 0.3% of their value. I like to use numbers like 0.6% of the value to account for spreads and slippage, then add my commissions on top of it. If your strategy can hold up on those type of transaction costs, it is probably robust.
The big...
I am the site owner. Please PM me with an explanation as to why you think the site is "booby trapped."
The only script is for Google Analytics, which keeps tracks of page visits and other statistics.
They charge a commission based on trading volume (sort of like the brokers do, but without counting the pips). Currenex, for example, charges about $10 per million traded.
sysre,
It depends on how basic or complex your strategy is. If you're running something simple off of common indicators, MT4 is the way to go.
I use EasyLanguage for more complex strategies. TradeStation and StrategyRunner are good options... I'd go with strategyrunner for executing FX...
Futures,
The most relevant indicator I can think of is Donchian Channels. It's nothing complex, but you will always have the problem of identifying the lookback period.
http://www.investopedia.com/terms/d/donchianchannels.asp
Appropriate lookback periods usually vary by the chart...
My best piece of advice is to test your strategy on as many instruments as possible. You might find a few homeruns, but that doesn't mean it will hold up in the long run. Looking at 50 different charts should give a solid general picture.
The best thing I've found is to understand what went...