What´s New
26.04.24 Now I working with ChatGpt4-DataAnalyst. This is a great tool for data analysis. I'm impressed with how easy it is to analyze data with this. Many learning algorithms are also integrated into the DataAnalyst. This saves me a lot of time getting used to the topic. ChatGpt4 and other AI tools are definitely the future. I will definitely use AI for my strategy search now. There's no way around it anymore.
22.4.24 A new maketing video is available. I have generated this video with KI. Monitortool-Video
10.4.24 I updated Metrikanalyser. This Tool comes now with a Robustnesstest. You can download this all in the GMX-Drive
5.4.24 I updated Metrikanalyser with a Demo. I updated the Doku too.
This said ChatGPT4 about my Dokumentation of the Metrikanalyser:
The "Forex Metrikanalyser" is a detailed manual by Thomas Nickel, outlining the use and functionalities of a specialized tool for analyzing trading strategies in the Forex market. The document provides an exhaustive guide from installation and configuration to the tool's application for correlation calculation and optimization of metrics crucial for generating successful trading strategies.
The core of the manual is a detailed explanation of how to use the "Forex Metrikanalyser" to generate more effective and robust trading strategies by systematically analyzing and adjusting metrics (such as profit factor, stability, etc.), emphasizing the correlation between various metrics and trading success to maximize strategy generation effectiveness.
The guide includes specific instructions for different phases of the analysis process, including data preparation, step-by-step calculation of correlations between metrics and trading outcomes, and metric optimization to improve strategy quality.
Additionally, a demo version of the Metrikanalyser is introduced, allowing users to practically understand the tool's functionality using example strategies and data. The document concludes with practical tips and an appendix providing additional resources and information.
Overall, the "Forex Metrikanalyser" serves as a comprehensive tool for Forex traders aiming to enhance their strategy development through data-driven analysis and optimization of metrics.
26.3.24 I added Metrikanalyser to my free Softwareportfolio.
You can download this from the GMX-Cloud
Metrikanalyser comes with documentation and an installable version for Windows 10/11. The installer was generated using Install4J.
8.3.2024 I wrote a new Analysis for finding good strategies. You can download it here or in the GMX-Cloud.
17.2.24 I updated Toolbox and Monitortool. I added the comment custom function into monitortool. I updated the documentation for for monitortool too. You can find the updates in the GMX-Cloud.
26.1.2024 I updated Toolbox to 1.3.0.0. I added an normalization function for a better view. I updated the documentation.
19.1.2024 New Message about Realacounts
At this point I would like to tell you what I'm doing at the moment. I hadn't contacted you for a long time. So I'm currently developing trading strategies on a daily basis in the H1 chart in a very small team. This is a slightly different method than the previous ones. I have done a lot of research and written analyzes on this. I can only pass this on to team members. First of all, I haven't found the Golden Grahl yet. But I can say one thing. You're always learning and the trading systems are getting better and better. I still work 90% with StrategyQuantX. The software, which now has version 4.128, still has a lot of errors. However, there has been good development in the past. I have already found some systems that are profitable. You shouldn't let yourself be unsettled if something doesn't work out. Sometimes it's the little things that you have to take into account to make the whole thing a success. Don't let your friends and acquaintances confuse you by claiming that Forex is a pure game of chance. Or I had already heard something like this: “There are a lot of researchers who have proven that everything with Forex is just a coincidence.” Such statements are usually just frustrating in the early stages. Often it just doesn't work because you haven't taken everything into account. You only have to do one thing wrong and the whole thing doesn't work.
It is important that you always learn. That you learn from your mistakes. It's like a staircase with many steps. You go step by step and learn with each additional step. I think my systems are running quite well now. I have now written over 14 analyzes and recorded various problems in detail. The exchange of information during development is also very important. I'm attaching a screenshot of my real account from myfxbook. These are the strategies on Life Account with a start date of January 1st, 2024. Yes, the year has just begun and almost all accounts are in the black. That's not much gain now. But I usually trade with lot size 0.01 lot. Of course, I continue to develop the monitoring tool and the toolbox. I know it's not as user-friendly as it could be. But I want to spend most of my time developing strategies. I am currently in the process of developing a new tool for analyzing strategies. This helps me to analyze the metrics for the StrategyQuantX.
Update: Examples Q86-Portfolio
20.11.23 I have udated Toolbox to version 1.2.9.5. The workflow generation is now 10 times faster. I have optimized the javacode. All software is in the gmx-cloud. GMX-download store
2.11.23 I updated Toolbox to version 1.2.9.2. I added a graphical output for the result of the workflow analyis.
15.10.23 I updated Toolbox to version 1.2.9.0. I improved the backup feature. All folders and subfolders are backuped.
7.9.23 I updated Toolbox to version V1.2.8.5. some small improvements and bugfixes. Link: GMX-download store
28.08.23 A new youtube video is available to add a new Mt5-broker to monitortool. video
27.8.23 I released a new update of the Monitortool V0.702. The new version supports Metatrader5 EAs which are generated with the StrategyQuant 4 Version.
You can download the new Monitortool 0.70X from the GMX cloud.
I added a youtubevideo on my channel:
17.7.23 I am working on an update for Monitortool, It will support MT5 in the future. You will be able to install MT5 Eas form Strategyquant in the future.
23.5.2023 I updated the Analysis Q86_Q95a GBPJPY en-GB.pdf. The new Version V1.3 is downloadable in my GMX-Store. This Analysis is available in German and Englisch.
Link: GMX-download store
18.4.23 I added 18 free Forex-Strategies for GBPJPY H1.
A new Analysis "Q86_Q95 GBPJPY H1 V1.0" is available.
I added 18 free GBPJPY H1 Strategies too.
You can download this all from my GMX-Cloud.
The Analyis is available in German and Englisch.
All data are stored in the GMX-download store
The following documents are new:
1)Q86_Q95a GBPJPY H1 Analysis en-US.pdf
2)Q86_Q95a GBPJPY H1 Analysis.pdf
3)Q86_Q95 GBPUSD H1.rar
5.4.23 I updated Q94 HO Analysis to version 1.4. With commission = 1 and slippage = 1 we have different results.
31.3.23
I added in the GMX-download-store a new Q94 HO Analysis. This strategy generation was made with commision = 0 and spread = 0. I am not sure if this realistic values are for Tradestation futures. I think no. Please help me to set realistic values for tradestation. I will repeat the workflow analysis for this new values.
All data are stored in the GMX-download store
1) Q94 HO Analysis.pdf (Analysis in German)
2) Q94 HO Analysis en-US.pdf (Analysis in English)
3) 5__Q94 HO optimized2_data.rar (All workflows and data) (100MB)
27.3.23 A new Analysis is available. The analysis is available in English and German. Q92 Generator Analysis.pdf and Q92 Generator Analysis en-US.pdf.
I uploaded all the workflows of this analyis in the GMX-download-store too.
The workflows are in the rar-file Q92 Analysis Workflows.rar.
In this analysis I tried to generate a workflow for XAUUSD-strategy-production. I have done a workflow-analysis of this workflow too.
I would like to say that the xauusd workflow is probably not very successful. But you can also learn from bad workflows.
I would like to give one more motivation for the future at this point.
Now I am working on an update of Q94 HO Analysis. I would like to say in advance that I am very happy with this Q94 workflow. The whole thing seems to work. I would like to motivate as many as possible to install the strategies found in Q94. I will update Q94 HO Analysis in the next days.
26.2.23 A new Analysis is available. The analysis is available in English and German. Q94 HO Analasis.pdf. I used a video from Ali Casey as background information. I checked his workflow with my workflow analysis. And the result is very successfully.
You can download Q94 HO Analysis.pdf in German and English from my GMX-download-store.
16.12.22 At the moment I am writing a new analysis. The aim is to find a method with which you can easily find out whether you have found good building blocks for strategy generation. The workflow analysis from Q86 GBPJPY H1 is a good method to assess strategy generation. But I want to improve it even more.
All the results will then be made available to you in a public document. Why am I making this available to everyone? The aim is to find forex experts who are well versed in strategy development. The following points are crucial when generating strategies.
- Good building blocks
- Choose good strategy start/end times.
The more knowledge you have about strategy generation, the easier it is to find good building blocks. I only have knowledge in programming so I need support in this area.
13.12.22, I added a newsletter to this website. If you subscripe I can inform you about news.
thomas
28.11.2022 A new analysis is available. The Workflow Generator is presented here. With the Workflow Generator you can analyze workflows. Here you can determine if a particular workflow produces profitable strategies or if the workflow does not work. You can download this analyis in german or englisch in the download section. Q86 GBPJPY H1- Analysis.
Here I present the Q86 GBPJPY H1 portfolio. The portfolio is highly profitable. I show you here how I found the portfolio and how you can also find similar portfolios.
21.11.2022. A new version of Monitortool is available. 0.606. The Documentation was updated to.
Some features of the new version are:
- AutoCreator will be supported now.
- Bugfixing
- Shutdown all Metatrader feature on friday.
- Autostart functionality of the Monitortool.
- The Tax feature (Is is only interesting for german traders)
I think it is time to explain this features all in an additional youtube video.
15.10.2021. Monitortool will support AutoCreator in the Future. I am working on a solution to integrate an Interface to AutoCreator into Monitortool. Remark: Monitortool is open source. You can get Monitortool for free. For AutoCreator you have to pay. I don´t sell AutoCreator it is a good software from a different website. I don´t get money If you buy AutoCreator.
19.6.2021 Some updates in section "Working with Monitortool", "Working with Toolbox" and "Download Area"
12.06.21, I have done a analysis (Q80 GBPUSD H1) of a workflow generation and filtering of strategies. In this analysis you will see a profitable way of strategy generation. But it is not the holly grail. The average profitfkator is 1.1. But I think it is a good result. You can find this analysis in the download section.
12.05.2021 Add a link in the section Coding&Learning&MakeMoney to a webside that compare good Robo Expert Advisors. (Webside is in german)
25.4.2021 updated Monitortool to version 0.520. This version uses the tradecopy from fxblue. This tradecopy is integrated in the monitortool. You can use tradecopy to copy the trades from demobroker to realbroker. You can select which EAs you want to trade. The tradecopy is integrated in the monitortool. Monitortool get some visual updates. Show all trades have new features see picture below.
I update today some youtube videos for the new monitortool features with tradecopy.
2.4.2021 I am testing the fxblue version of monitortool. This new version have the fxblue tradecopy integrated. Today I wrote a first blog entry, you can see it in the blog section of this homepage. I found a good EURCAD M1 strategy. I show some results in the blog. I update the monitortool to the new version 0.512. This version have the fxblue tradecopy integrated. I know there is no documentation at the moment for this new feature. I will we do this in the next time.
26.02.2021 a newer Version V0.501 of Monitortool is available. This new version has the fxblue tradecopy integrated to copy trades from demoaccounts to realaccounts. Some smaler improvements and bugfixes are included too. The start/stop all Metatrader works fine now. Now all MT4 are started iconifizied. Some small features for Expert Advisor Studio are integreated now. The documentation and some youtube videos will be avalable the next days.
4.2.2021 Update future plans. This is planed in the near future:
I will make a tutorial to use the Monitortool for Expert Advisor Studio. Some modifiactions in Monitortool for Expert Advisor Studio are on the work.
Now I am integrade the trade copier from myfxblue in the monitortool. So you can copy trades from demoaccounts to realaccounts with a tradecopier. Switch on/off the connections und make some configurations. It will help to connect the best testaccount to the realaccount.
27.1.2021, Bugfix Monitortool V0.481, fix tradelist
25.1.2021,The new Monitortool 0.480 is able to install Forex StrategyBuilder strategies too. The documentation has also been updated.
Now the Strategies from
- SQ 4.X
- Forex Strategy Builder Pro
- Expert Advisor Studio
- Expert Advisor Studio Portfolio
are installable.
You can set lotsize by configfile for
- SQ 4.X,
- ExpertAdvisor Studio,
- ExpertAdvisor Studio Portfolio
https://eaforexacademy.com/software/expert-advisor-studio/
https://www.strategyquant.com/
15.01.2021 new version of monitortool available in download section. Add symbol replacement feature and add feature to set lotsize. Remove some bugs. Make installation easier. The documentation is updated too.
29.12.2020 new document Q63 Analysis GBPUSD L4.3.pdf (Englisch) in download section.
I will update monitortool and toolbox in the next days. The monitortool documantion will be updated too in the next days
19.12.2020 A new documentation for monitortool is available in the download section.
7.12.2020 I published some more YouTube videos about Toolbox. Installation and handling of toolbox.
Update of toolbox to version 1.2.4.1
27.11.2020 YouTube video about result of workflow L09/L10, 18.000 Euro/yearly average profit. Top Result !!. Only on one currency pair.
plus:
- Video about Toolbox installation new Version
- Video about Monitortool installation für SQ 4.130
- Video about Monitrotool handling
- Monitortool V0.45 with new Installer. Version for SQ4.130
16.11.2020 some new YouTube videos about toolbox workflow
15.11.2020 some new YouTube videos in german about toolbox workflow generator (working with toobox)
13.11.2020 update Toolbox to 1.1.6 (Bugfix and add some buttons and more statistic functions)
3.11.2020 update Toolbox to 1.1.5 (Bugfix version, statistic function)
2.11.2020 Add Section (Who we are)
27.10.2020 Add Section (Coding & Learning)
14.10.2020 Toolbox update 1.1.2, add statistic function stddev in resultlist
13.10.2020 Toolbox update 1.1.1 show resulttable as result
Roadmap: 2020
- Update to SQ 4.X: This actual version of Monitortool supports only SQ 3.X . A new version of monitortool is planed in the next weeks.
- A new Installer (Install4j) will be available for all parts of the project.
- Add some youtubevideos for Toolbox/Workflowgenerator
- Add some youtubevideos how to generate strategies with the SQX