Qohort code
Qohort's proprietary code has been developed over the past four years. The code has been rigorously backtested and forward tested during this period to ensure it trades efficiently and effectively in all market conditions.
Whether or not markets are bullish or bearish, trading in tight ranges, whipsawing in wide ranges or trending, the code has continued to register considerable gains.
We intend to share this code in a democratic process with our Qohort and to use the power of the crowd to trade considerable size to effortlessly trade the daily moves in financial markets.
The focus has been on creating a code and trading process that is simple to follow and straightforward to execute. Whilst speed of execution and low latency is important, the overall process should not be confused with HFT; high frequency trading.
The trading style and method Qohort employs is best described as “day trading”. The trades can last for seconds or hours, but the programme is not searching out for arbitrage, exploitative opportunities. Instead, the code and programme searches for movements which can be executed on the most basic MT4 platform which is available to all retail traders.
The trading strategy is based on utilising technical analysis, fundamental analysis and social media in order to establish sentiment and the direction of price during any trading session.
The technical analysis uses correlations as an organic hedging mechanism. Fibonacci retracement, fractals, pivot point levels, price action, regression analysis and historical precedents, relating to the average ranges also form part of the code.
In terms of fundamental analysis, the code will continually recalibrate relative to the medium to high impact economic calendar news events and data published on a daily basis. The code copes with breaking outlier economic news and political events. The programme employs spiders to crawl social media in order to gauge sentiment.
The control placed on risk and overall money management is key to the success of the Qohort trading code and programme. Every trade automatically executed through the trading platform has both a stop and take profit limit order put in place in accordance with the regression analysis.
Clients can select their tolerance to risk by choosing a specific robot. For ease of use the robots are labelled as Alpha, Sigma and Delta. These robots vary in relation to how aggressively they trade financial markets.
The Alpha robot is programmed with a “prime alpha mandate” an instruction to engage with the financial markets to extract maximum profit through being perpetually in the markets. For example the Alpha robot can take positions in up to 40 securities and could, in theory, take in excess of 100 trades throughout the day from the Sydney open until the New York close. A process that would be extremely difficult for a retail trader to process.
The Sigma robot doesn’t consistently remain engaged with the financial markets, instead, this robot will also trade up to 40 securities, but searches for precise entry points dependent on certain price points being reached, levels which are pre-determined by the previous sessions’ results.
The Delta robot only trades the major FX pairs, key equity market indices and commodities such as gold and WTI oil. Similar to the Sigma programme, Delta only trades between a certain spectrum of pre-determined levels.
These three robots are pre-programmed to appear on a client’s platform. Qohort clients can simply instruct a particular robot to trade on their behalf. However, clients are theoretically in a position to select and blend their choices from an inexhaustible range of options.
They could combine the three robots, alter their risk parameters, or pick and choose the securities each and all robots trade, perhaps based on recent performance and their own personal preferences.