Automatic Alpha: How to Build a Winning FOREX Trading System [CD-ROM]

David J. Lyder Sr. (Author)

Book Description

Publication Date: October 8, 2005

Automatic Alpha describes the methods used to develop mechanical trading systems suitable for the foreign currency exchange (FOREX).

Many FOREX traders have at least one unique and creative idea of how to generate profits in the FOREX market. Unfortunately, few traders have the background and the skills required to translate their ideas into a profitable mechanical trading system. With the introduction of Automatic Alpha, traders finally have a resource that fully explains the complicated process of turning their creative ideas into profitable trading systems Automatic Alpha is a unique book: it provides a framework that describes the complete development of a mechanical trading system, as well as providing an actual trading system. Shortly after reading Automatic Alpha, the reader will have a profitable trading system as well as the skills required to build their own trading system using their own ideas.

Product Details

• CD-ROM: 82 pages
• Publisher: iExpertAdvisor (October 8, 2005)
• ISBN-10: 1424302250
• ISBN-13: 978-1424302253
• Product Dimensions: 5.1 x 4.6 x 0.1 inches
• Shipping Weight: 0.8 ounces (View shipping rates and policies)
• Average Customer Review: 3.5 out of 5 stars  See all reviews (2 customer reviews)
• Amazon Best Sellers Rank: #2,958,668 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

2 of 2 people found the following review helpful:

2.0 out of 5 stars Way overpriced, much better information on the net, October 19, 2009

By 

V. Racz (usa) - See all my reviews
(REAL NAME)   

Amazon Verified Purchase

This review is from: Automatic Alpha: How to Build a Winning FOREX Trading System (CD-ROM)

I bought this CD and I thought I will get some bang for the money.
He builds a system that even optimized for ages didn't make any profit. He even states this fact but I wonder what's the point then? You can look up various forums where people are discussing working trading ideas and share their code with you.
The CD label is printed by an old printer on a questionable quality paper. If I could've seen it in the store I wouldn't paid more than 99 cents.
The CD does teach you how to program indicators, but you can get much better tutorials on the net for free.

3 of 6 people found the following review helpful:

5.0 out of 5 stars Meta Trade Station, April 5, 2007

By 

J. Ramirez (Los Angeles, CA) - See all my reviews
(REAL NAME)   

This review is from: Automatic Alpha: How to Build a Winning FOREX Trading System (CD-ROM)

This CD-Rom is a great learning tool as it teaches you how to program a mechanical trading system using the Meta system. The only drawback is that you will have to learn its language so to speak. But then I personally enjoy this type of learning along with developing a mechanical trading system. For me it was a good find.