Forex Trading using MetaTrader 4 with the Fractal Market Hypothesis

Jonathan Blackledge, Dublin Institute of Technology
Kieran Murphy, Dublin Institute of Technology

Document Type Conference Paper

InfoSys 2011: The Third International Conference on Resource Intensive Applications and Services, vol: 978-1-61208-006-2, pages: 1 - 9, Venice, Italy, 2011


This paper reports on the results of a research and development programme concerned with the analysis of currency pair exchange time series for Forex trading in an intensive applications and services environment. In particular, we present some of the preliminary results obtained for Forex trading using MetaTrader 4 with a new set of trend indicators deigned using a mathematical model that is based on the Fractal Market Hypothesis. This includes examples of various currency pair exchange rates considered over different time intervals and use of the indicators in a live trading environment to place a buy/sell order.