We posted about Russian Kalita-Finance and its GUI-Robot system back in October. Back then we posted how Kalita-Finance was boosting its list of tradable instrument on it iTrader platform. As a relatively unknown entity out of Russia, Kalita-Finance had just relaunched its iTrader trading platform that was embedded with the GUI-Robot algo tool. The GUI-Robot program allows traders to visually create algorithmic strategies without needing previous programming knowledge. In addition to its existing strategies, a news driven product has just been released that allows traders to place trades based on upcoming economic events. The strategy uses the Dow Jones Elementized News Feed and traders can preset trading to rules to buy/sell based on the results of economic figures. For example, if the Non Farm Payrolls is forecasted at 125,000, a user can enter to buy the USDJPY at market if the actual figure is 150,000 or more. Take profits and stop losses can also be added to the trade.
Currently, the GUI-Robot product is only available to Kalita-Finance clients. However, in a move to broaden the algorithmic trading platforms usage, Kalita has partnered with the soon to be released Tradable system, to distribute the GUI Robot strategies as apps on the new trading platform. As such, a retail forex client of a broker offering Tradable will be able to purchase the GUI-Robot strategies regardless of the firm they trade with. Pricing of the apps will be based on client volumes, and Kalita plans on making all of its strategies available on Tradable.
Kalita-Finance releases GUI-Robot – DJ News Strategy
Moscow-based Kalita-Finance released new strategy for GUI-Robot, the algotool at its trading platform iTrader 8. It’s called GUI-Robot – DJ News Strategy because it uses the Dow Jones Elementized News Feed provided by Dow Jones & Company, Inc.
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In the window Robot’s Triggering Rule the trader chooses one of the economic indicators that should be published soon, then enters his own forecast and sets a task to buy or sell some financial instrument. After the publication, if trader’s forecast is correct, the GUI-Robot places the assigned market order.
The matter of technological innovation is that in this strategy the GUI-Robot receives news in digital form and handles them (“reads”) by itself without trader’s interference. Today any Kalita-Finance client can act on economic indicator publication faster than dealers at the leading banks and investment companies because the speed of digital news handling by GUI-Robot is less than 1 millisecond while speed of visual news reading by dealer is much longer.
“DJ News Strategy became a first client’s algonews strategy that allows trading robot “read” news in XML format much faster than human being is reading visual news, – says Sergey Zimnin, Deputy CEO at Kalita-Finance, – “Team of our developers under the management of Igor Suzdaltsev, the author of Trading GUI-Robot concept, continues the democratic revolution in algorithmic trading by making technological innovations available to all market participants. And today we are glad to offer our clients the newest trading technology with elements of artificial intelligence”.