Zulutrade - autotrading forex with signals

Discussion in 'Automated Trading' started by MillieJ, May 29, 2012.

  1. MillieJ

    MillieJ

    i thought you wanted a broker for zulutrade.....wasnt the discussion about that?
    i am with aaafx.
     
    #121     Oct 15, 2012
  2. fxturtle

    fxturtle

    I took of some pips from SP Fxturtle and FxTurtle - Gippy. Positions for Fxturtle - EURUSD remain open but stop loss are in place in case in will dip below 1.30. Swing trading strategy is not for the paint of heart.

    There no no clear direction for EURJPY as it took out the high at 103.85, but it closed below it. EURUSD and GIPPY could be in a throwback or it will go back down to the rising trendline.

    Fxturtle
    Fxturtle - EURUSD
     
    #122     Oct 20, 2012
  3. I would say for the most part to stay away from Zulutrade. Most of their popular systems are less than 1 year old. The reason being, most Forex systems blow up after a year. That is not to say all of their systems are bad, but I am sure a year from now, you won't be seeing the same systems.

    Zulu is also designed to not show what is happening to most traders like other tracking web sites. For example, on other sites they show user reviews and you can see when a signal provider blows up, and gets 1 star reviews from his customers.

    Also, you get what you pay for, really good traders are not going to sell their signals on Zulu, since the compensation is so low.

    Zulu is compensated by bucket shop Forex brokers because they are making money off its clients. This reminds me when the hedge funds paid Goldman to create some CDS and include the worst loans in them to sell since they were on the other side of the trade.
     
    #123     Oct 20, 2012
  4. Humpy

    Humpy

    Regardless of the above I would like to become a signal provider. I have filled out all the boxes - description of system but am stuck as to what is the next step. Does one code up one's system somewhere ?
    Any help would be welcome
     
    #124     Oct 21, 2012
  5. cornix

    cornix

    What you mean by coding one's system?
     
    #125     Oct 21, 2012
  6. Humpy

    Humpy

    someone I suppose has to code the system. Does zulu do it for one ?
     
    #126     Oct 21, 2012
  7. If you don't already know the answer to this then you shouldn't even be trading
     
    #127     Oct 21, 2012
  8. Humpy

    Humpy

    Well thanks for nothing
     
    #128     Oct 21, 2012
  9. cornix

    cornix

    You mean in order to automate it? No, Zulutrade just provides intermediary execution service, the rest is up to trader.
     
    #129     Oct 21, 2012
  10. Humpy

    Humpy

    Thanks
    So it's a matter of coding it up then in the brokers site ? Would that be Ninja trader or MT4 ?
     
    #130     Oct 21, 2012