Have you ever wanted to incorporate live SSI data into your trading strategy? It is now possible...
What is SSI?
The
Speculative Sentiment Index (SSI) is a powerful tool unique to FXCM. SSI allows you to view trader positioning and sentiment in the forex market. It is currently published once a week at DailyFX.com (
Forex Sentiment | Forex Technical Analysis) and twice a day at DailyFX+.
Getting Started: Historical Backtesting with SSI
FXCM is releasing one-minute historical data of our SSI. Information that was previously only available to institutions and in limited updates through the website is now being disclosed to the general public. FXCM is making the data available to help further creativity in your automated trading strategy. This is a great opportunity to strengthen or complement your current strategy.
3 years of SSI data, for each of the majors, is available for creating and back-testing your own strategy. If you create a strategy that you would like to run on a live account, we can run it for you hosted on our internal servers. The system will run on our proprietary software accessing the SSI in real-time.
Additionally, we are going to be releasing the DailyFX Volatility Indices. The DailyFX Volatility Indices measure the general volatility of the forex market over different time frames (1 week, 1 month and 1 year) and is generally a good indication of market conditions, making it very useful as a filter for forex strategies.
How do I get the historical data?
- Send an email to
systemtrading@fxcm.com requesting the data. We will email it back in a ZIP file.
How do I integrate SSI into an automated strategy on my live account?
1. The strategy must be fully developed with a basic back-test provided in whichever software your testing is done.
2. Strategies must also come with pseudo code to give the exact rules and flow of the strategy written out.
3. In order to be hosted on our internal servers, one of our developers will need to code your strategy to be hosted on our server, which would involve disclosing the code
and the signing of a non-disclosure agreement to protect your intellectual property.
4. Live accounts that run on the systems will need to execute a minimum of $10m notional volume monthly.
Feel free to post any questions.
