Pairs Trading: The Distance Approach. Watch later. Share. Copy link. Info. Shopping. Tap to unmute. If playback doesn't begin shortly, try restarting your device. Up Next Pairs trading strategies are comprised of two stages: ﬁrst, the method applied to form pairs; and second, the criteria for opening and closing positions. In the DM, securities whose prices are closely correlated are grouped in pairs, and traded when their prices diverge by more than a pre-speciﬁed amount. This is the only strategy that has been tested thor We perform an extensive and robust study of the performance of three different pairs trading strategies - the distance, cointegration, and copula methods - on the entire US equity market from 1962 to 2014 with time-varying trading costs. For the cointegration and copula methods, we design a computationally efficient 2-step pairs trading strategy. In terms of economic outcomes, the distance, cointegration, and copula methods show a mean monthly excess return of 91, 85, and 43 bps. Pairs Trading is a trading strategy that matches a long position in one stock/asset with an offsetting position in another stock/asset that is statistically related. Pairs Trading can be called a mean reversion strategy where we bet that the prices will revert to their historical trends

- To implement pairs trading, three main approaches are often used: distance approach, cointegration approach and stochastic approach. The distance approach is model-free and therefore avoids misestimating of parameters. The 15 th percentile of distance distribution was used by Nath (2003) as a trigger for trading and the 5 th percentil
- . Intraday-Chart können Sie selbst entscheiden wo Sie sich Wohlfühlen
- imizes the square distance between the normalized prices of stocks, expressed as X t (pA t p B t) 2; where pA t and pA t are the normalized price paths of stocks Aand Brespectively. He paper also establishes a theoretical basis for pairs trading using the Law of One Price, o
- imum distance between normal

- A pairs trade in the futures market might involve an arbitrage between the futures contract and the cash position of a given index
- •Pair trading is simple quantitative trading strategy •Cointegration is long term relation ship of time series •Idea of cointegration may give a chance to make a profit from financial market by pair trading •Next step . -Sophisticate parameter estimation & trading rule -Make a simulation close to real 4
- For pairs trading to work between two timeseries, the expected value of the ratio over time must converge to the mean, i.e. they should be cointegrated
- deﬁnition to Pairs Trading, we refer to the case where two I(1) stock price series are linearly combined to produce a stationary, or I (0), portfolio time series; i.e., the portfolio satisﬁes the mean reversion property

pairs trading strategy using the minimum Distance method in selecting pairs and thresholding two standard deviations for pairs trading. They found that in spite of considering trading costs and risk factors, an annual return of 11% is achieved. Using this practice by Gatev which is the main and initia Final year project at HKUST. We tested 3 main approaches for performing Pairs Trading: distance method; cointegration method (rolling OLS, Kalman Filter) reinforcement learning agent (proposed) Final report. FYP members: myself, Gordon, Brendan. How to get started? Run ./setup.sh to install all dependencies; Not The formula of distance measure is \[\sum_{i=1}^n{(\frac{x_i}{x_1}-\frac{y_i}{y_1}})^2\] Top 4 pairs with the smallest historical distance measure are then traded. The trading pairs are selected every half year. We use the schedule event method to fire the rebalance function. Trading Pairs . As prices in a pair of stocks were closely cointegrated in past, there is high probability that those two securities share common sources of fundamental return correlations. A temporary shock could move. Pairs trading is one of the many mean-reversion strategies. It is considered non-directional and relative as it aims to trade on both related stocks with similar statistical and economica

** If the portfolio has only two stocks, it is known as pairs trading, a special form of statistical arbitrage**. By combining two cointegratedstocks, we can construct a spread that is mean-reverting, even when these two stocks themselves are not. Please refer to the appendix if you want to check out cointegration first What is **pairs** **trading**? Take any highly correlated **pair**, for example AUDUSD/NZDUSD, when they decouple, short the higher one, buy the lower one, in anticipation that they will revert to the mean, at which time positions are closed. Virtually all threads/forums that discuss FX **pairs** **trading** start and end in confusion. Traders seem to like the idea of **pairs** **trading** FX but I've not seen a strategy conceptualised very well, let alone traded well

relation. A pairs trading portfolio is formed by combining a number of pairs. To detect adequate pairs different types of data analysis has been used. The most common way has been to study historical price data with different statistical models such as the distance method The pro tability of pairs trading strategies: distance, cointegration, and copula methods Hossein Rada, Rand Kwong Yew Lowa,b Robert Fa a aUQ Business School, University of Queensland, Brisbane, 4072, Australia bStern School of Business, New York University, New York, 10012, USA Abstract We perform an extensive and robust study of the performance of three di erent pairs trading A distance measure on each 12 month period (formation) sliding by 6 month period (Trading) Normalize; Do pair wise distance measure (basically a 500, 500 matrix) Find pairs which minimize the distance measure (the sum of squared deviations between the two normalized price series.) Filter and identify top ranking pairs formation Pairs Trading by Cointegration . Haksun Li . haksun.li@numericalmethod.com www.numericalmethod.com. Outline Distance method Cointegration Stationarity Dickey-Fuller tests 2 . References Pairs Trading: A Cointegration Approach. Arlen David Schmidt. University of Sydney. Finance Honours Thesis. November 2008. Likelihood-Based Inference in Cointegrated Vector Autoregressive Models. Soren.

The most important feature of pairs trading is its mean reverting propert.y ariVous quantitative methods have been developed and applied to pairs trading in the literature. Three commonly used techniques are: distance method, co-integration and stochastic spread. The distance method is often used by practitioners. Nath [2003] used 15 percentile of the distribution of distance as a trigger for trading This code demonstrates the pairs trading strategy using minimum distance criterion as in Gatev et al.(2006), for both industry neutral stocks and industry stocks, the files enclosed are 3 separate scripts, one for cleaning the raw CRSP daily stock data, one for industry pairs and one for unrestricted pairs. SIC codes are sourced from the K.French website for the purpose of industry classification. THIS CODE IS A COMPLIMENT OF THE COINTEGRATION AND PAIRS TRADING BY Stuart Kozola Pairs trading is a non-directional, relative value investment strategy that seeks to identify 2 companies or funds with similar characteristics whose equity securities are currently trading at a price relationship that is out of their historical trading range. This investment strategy will entail buying the undervalued security while short-selling the overvalued security, all while maintaining market neutrality. It can also be referred to as market neutral or statistical arbitrage http://www.shadowtrader.ne

** To trade top cryptocurrency pairs, one has to be aware of all the political and economic changes, too, so always make sure you are up-to-date with the latest crypto news and announcements**. So, if you are interested in trading top crypto pairs, we at Trading Education can help you get started and become a real crypto trader. eToro - Best. mean reversion, pairs trading, distance method, market neutral portfolio, Istanbul Stock Exchange, trading strategies: Subjects: G - Financial Economics > G1 - General Financial Markets G - Financial Economics > G1 - General Financial Markets > G11 - Portfolio Choice ; Investment Decisions: Item ID: 19887: Depositing User: Serhat Guven: Date Deposited: 11 Jan 2010 17:37: Last Modified: 26 Sep. Pairs trading is a technique that is widely practiced in the financial industry. Its relevance has been constantly tested with updated samples, and its profitability is acknowledged among practitioners and academics. Yet in pairs trading, the notion of correlation is central, and the use of correlation or cointegration as a measure of dependency is ultimately its Achilles' heel

We perform an extensive and robust study of the performance of three different pairs trading strategies - the distance, cointegration, and copula methods - on the entire US equity market from 1962 to 2014 with time-varying trading costs. For the cointegration and copula methods, we design a computationally efficient 2-step pairs trading strategy You can construct a pair by three approaches, distance, correlation, and cointergation. Normally, we pick stocks with cointergation test, this time I construct a pair by distance. Below is my R cod

This survey reviews the growing literature on pairs trading frameworks, i.e., relative-value arbitrage strategies involving two or more securities. Research is categorized into five groups: The distance approach uses nonparametric distance metrics to identify pairs trading opportunities. The cointegration approach relies on formal cointegration testing to unveil stationary spread time series. In this Excel sheet, we are going to identify Pair Trading candidates by comparing their current Price Ratio with 50 days average Price Ratio. A pre-defined divergence of the price ration from the 50 days average would signal a trade. When that happens, one has to go long in one Stock and short the other. This is a very basic Pair Trading strategy, but very effective. You can also check the. Pairs Trading Strategy: I've come across an interesting MT4 indicator that nicely conceptualises FX pairs trading, giving me a good starting point. The picture attached shows a bollinger band looking indicator, however the difference here is that the oscillator represents the price difference between 2 pairs. When the oscillator moves to either extreme the 2 pairs are indicating a decoupling. Pairs Trading Excel Spreadsheet [box type=bio] Jayantha has been selected as Campus Ambassador at AlgoJi- 2017. He is pursuing B.Tech. + M.Tech. (Dual Degree) from IIT BHU. His hobbies include maths and music. [/box] Pair Trading Excel Spreadsheet allows you to code and backtest pair trading strategies which have a low risk profile. Pairs Trading is a market-neutral strategy where you.

distance between subplots, in margin lines. log. a character string indicating if logarithmic axes are to be used, see plot.default or a numeric vector of indices specifying the indices of those variables where logarithmic axes should be used for both x and y. log = xy specifies logarithmic axes for all variables. horOdd, verOdd. logical (or integer) determining how the horizontal and. The minimum Hamming distance between 000 and 111 is 3, which satisfies 2k+1 = 3. Thus a code with minimum Hamming distance d between its codewords can detect at most d-1 errors and can correct ⌊(d-1)/2⌋ errors. The latter number is also called the packing radius or the error-correcting capability of the code. History and application # #### The second part involves finding potential trading pairs. For this, we create all possible pair combinations and compute the sum of squared distances (SSD) in normalized prices as a selection criterion. We then rank the pairs according to minimal SSD and choose our pairs! # In[22]

In the pairs trading literature, the most common type of relative value arbitrage, substitutes for individual stocks are identified by minimizing the Euclidean distance in the daily price space over a historical period.5 Matching stocks over the price space instead of the return space is consistent with short-term relative value trading strategies, while removing the need to specify factors. Pairs trading is a dollar-neutral trading strategy. Using the components of two major stock indices, the S&P 500 and the Nikkei 225, this article deals with the performance of a pairs trading system based on various pairs selection methods (distance, stationarity, cointegration) over a 10-year period The profitability of pairs trading strategies: distance, cointegration and copula methods Quant. Finance , 16 ( 10 ) ( 2016 ) , pp. 1541 - 1558 , 10.1080/14697688.2016.1164337 CrossRef View Record in Scopus Google Schola We use the minimum square distance method to select ten stock pairs, choose additional five pairs consisting of two companies in the same industrial sector, and then finally consider pair trading profits for two out-of-sample periods in 2014 within a six-month time frame as well as for the entire year. The proposed strategies yield average annualized returns of at least 35.5% without a. I'd recommend a refactor in the last snippet using a pretty common pattern that avoids repeating the key function: min((distance(*pair), pair) for pair in itertools.combinations(fList, 2))[1]. Moreover using a generator you can define distance()'s signature how you want. - tokland Mar 23 '11 at 17:05 | Show 2 more comments. 12. I realize that there are library constraints on this question.

Distance Approach 2.4 Explaining Pairs Trading Profitability events on pairs trading proﬁtability between 1981 and 2006. They ﬁnd that trades are often opened around earnings announcements and analyst forecasts. This research suggests that drift in stock prices after such events is a signiﬁcant factor affecting pairs trading proﬁtability. However, Do and Faff (2010) could not. The first step is to think of some pairs of stocks that should yield a trading relationship. We'll use stocks in the S&P 500 but this process could be applied to any stocks within any index. Hmm, how about Walmart and Target. They both are retailers and direct competitors. Surely they should be cointegrated and thus would allow us to trade them in a Statistical Arbitrage Strategy In this lesson, we'll teach you how to determine your position size if you are trading currency pairs that aren't in your account denomination. If your account denomination is not in the currency pair traded, but the same as the conversion pair's counter currency Example: USD account trading EUR/GBP. Ned, who we introduced in the previous lesson, is back in the U.S. Today, he decides. Trading currency pairs is conducted in the foreign exchange market, also known as the forex market. It is the largest and most liquid market in the financial world. This market allows for the.

PAIRS TRADING MODEL Mathematical Framework & Software ImplementationEren OcakverdiHead of Analytical Modeling January, 2012 1 E-mail: eren.ocakverdi@ykyatirim.com.tr 2. Disclaimer• Pairs trading investments (or transactions) involve significant risk and volatility and may not be suitable foreveryone. Readers/Users must make their own investing and trading decisions using their own. ** ABSTRACT**. In this article, I investigate the performance of a pairs trading strategy on 18 seafood company stocks traded in the Norwegian consumer goods sector on the Oslo Stock Exchange. I apply both high-frequency and daily data from January 2005 to December 2014. I use two approaches - a distance approach and a cointegration approach. T1 - The profitability of pairs trading strategies: distance, cointegration and copula methods. AU - Rad, Hossein. AU - Low, Rand Kwong Yew. AU - Faff, Robert. PY - 2016/10/2. Y1 - 2016/10/2. N2 - We perform an extensive and robust study of the performance of three different pairs trading strategies—the distance, cointegration and copula methods—on the entire US equity market from 1962 to. As a trading strategy, statistical arbitrage is a heavily quantitative and computational approach to securities trading. It involves data mining and statistical methods, as well as the use of automated trading systems.. Historically, StatArb evolved out of the simpler pairs trade strategy, in which stocks are put into pairs by fundamental or market-based similarities

* How to Trade Double Top? If you saw a double top in the chart, wait for the confirmation of breakout at the recent low level*. After breakout confirms at the recent low level, You can enter into the trade. The Minimum Double Top Target should be the same as the distance of the previous high to low as shown in the image But it remains true that many countries still do not trade with each other at all (in 2014 about 25% of all country-pairs recorded no trade). Click to open interactive version. South-South trade is becoming increasingly important . The visualization here shows the share of world merchandise trade that corresponds to exchanges between today's rich countries and the rest of the world. The. Pairs Trading: Optimizing via Mixed Copula versus Distance Method for S&P 500 Assets 1. Pairs Trading: Optimizing via Mixed Copula versus Distance Method for S&P 500 Assets Fernando Sabino da Silva1 , Flavio A. Ziegelmann1,2 , Joao F. Caldeira2 1 Department of Statistics, 2 Graduate Program in Economics, Federal University of Rio Grande do Sul Sao Paulo/SP, July 19th XVIII EBFin 1 / 3

* Trade helper*. On this version of the trade-helper you can see a list of the best trade-runs found. To qualify as good trade-run it must make more than 2,000cr per unit. These results were created from the Mk3 version, and are automatically checked with the latest prices. If a run has changed, it is either updated or removed. Mk1. Mk2. Mk3. Best. In today's lesson, we will discuss a very simple but highly useful tool that can provide valuable information to the trader. The indicator I am referring to is called Average Daily Range (ADR), which provides data on a currency pair's daily volatility. We will discuss how to use ADR to find hidden support and resistance [ In another approach using the grid trading Forex strategy, you close out some trade pairs as they reach a specific profit target. With this approach, you may be able to reach higher profit targets by letting your profits run. The disadvantage with this approach, however, is that you don't know how long you will need to wait for the trades to run their course. As a result, your capital and.

The correlation indicator for MetaTrader 4 is a very valuable **trading** tool that can be downloaded for free from our website at the following link: does not include any such indicator or tool that is able to display two different instruments or currency **pairs** on the same chart. Thus, our indicator comes in handy for conducting this very valuable analysis for Forex **trading**. The indicator. Corpus ID: 43967092. Performance of Pairs Trading on the S&P 500: Distance and Copula-GARCH models @inproceedings{Silva2017PerformanceOP, title={Performance of Pairs Trading on the S&P 500: Distance and Copula-GARCH models}, author={F. D. Silva and F. Ziegelmann and J. Caldeira}, year={2017} Product Level Trade Elasticities RCA Trade Unit Values (TUV) TradePrices (dist_cepii) is dyadic, in the sense that it includes variables valid for pairs of countries. Distance is the most common example of such a variable, and the file includes different measures of bilateral distances (in kilometers) available for most country pairs across the world. Presentation Reference document to. After your trade is in profit, you wait for lower swing highs that form and just place your trailing stop a few pips above them. you trail stop your profitable trade until price moves back up and intersects the most recent swing high, then you get stopped out with profit. Trailing Stop Technique For An Uptrend Market . This second chart above shows you the best trailing stop technique for a.

Correlation indicator. Highly effective and robust indicator for free. Compare correlations between two or more instruments. With the indicator, you can spot profitable opportunities in the market. Useful for all currencies and timeframes. Compatibility: MetaTrader 4. Regularly updated for free * This is ATR in pips*. This was requested by user @ElixiumCapital. ATRPIPs in his words: ATR PIPs is useful for finding markets with your desired amount of volatility, for example I prefer to trade forex pairs with the highest amount of volatility in the past 5 days, setting the length parameter to 5 days. And setting my stop loss at 25% to 33%. In Foreign Exchange Trading, Pip value can be a confusing topic for most of the forex traders because you need to do mathematical calculation depend on the exchange rate. A pip is a unit of measurement for currency movement and is the fourth decimal point in most currency pairs. For example, if the EURUSD moves from 1.1012 to 1.1013, that's a one pip change The Euclidean Distance procedure computes similarity between all pairs of items. It is a symmetrical algorithm, which means that the result from computing the similarity of Item A to Item B is the same as computing the similarity of Item B to Item A. We can therefore compute the score for each pair of nodes once. We don't compute the similarity of items to themselves. The number of. XMASTER FORMULA MT4 FOREX INDICATOR (download for free) The Xmaster Formula is very popular forex indicator. This is perfect indicator for trend following, scalping and swing trading. It generates trading signals in form of arrows. It is easy to use and can be very profitable too. You can trade it on all currency pairs and timeframes

Of course, we won't discourage you to trade the low liquidity currency pairs. However, our task is to warn inexperienced traders and newbies that the risk of such trading is higher than that of trading the classic currency pairs. Entertaining. 14. Related Articles. Mar. 20, 2021. Buying Gold in 2021: A Good or a Bad Investment? Apr. 6, 2021. The Most Expensive Metals to Trade in 2021. Apr. 6. In less than a month, he took his account from 500$ to almost 3,000$, trading currency pairs, indices and gold. What is grid trading? Grid trading has become very popular amongst traders because it does not use stops, is highly mechanical, has no reliance on direction, uses the intrinsic wavy nature of the market, does not require indicators or charts to trade and can be easily automated. Grid. * We partner with some of the best Forex Companies in the world and we may suggest various Forex Brokers according to your special trading needs (i*.e. low spreads, exotic pairs, no delays, expert-advisors, scalping, MT5 trading, etc). Contact us today and enjoy our free service.. Going back to the example above, the position's original value is $13,270 for both MetaTrader 4 and FX options trading accounts. With leverage the trader invests $66.35 of his capital, and if he has 10% of this used margin in equity, i.e. $6.64, his positions will be kept opened Trading with 25 pairs / Daily profit + BONUS Happy Forex Full Pack (10x EAs) free Fully Verified Myfxbook Results! Happy Neuron (MORE INFO) Click on the picture for more information. Happy Breakout MT4/MT5 Profit trades 87.19% + BONUS Happy Forex Full Pack (10x EAs) free Fully Verified FxStat Results! Happy Breakout (MORE INFO) Click on the picture for more information. Happy Frequency For.

Pip value calculator Our pip value calculator will tell you the value of a pip in the currency you want to trade in. This information is crucial in determining if a trade is worth the risk, and in managing that risk appropriately. Find the true value of a pip in your chosen currency now Pip amount: Currency pair: Trade size (lots): Deposit currency: Main Currencies Instrument Rate How does the. This is the Forex Dashboard Indicator that goes on your chart and signals the trending status of Forex pairs. Here you will learn the details of this indicator and you will also be able to download the Trading Dashboard for free! Forex Dashboard. A Forex dashboard makes it easier for a trader to manage his/her account, trades, and strategies. It works in any form the trader needs it, and it.

Movement in currency pairs are measured in pips. Within the currency exchange rate, Current Account Size x Risk Per Trade / Distance between Entry and Stop x Value of Pip. Let's take a look at concrete example: Current Account Size: $ 10,000; Fixed Fractional Risk Per Trade = 2%; Distance between Entry and Stop: 80 Pips ; Value of each Pip: $ 10; $ 10,000 x .02 / 80 x 10 = .25 Lots. So. proxy trade costs with bilateral distance. However, a number of additional variables are also customarily used. These include dummies4 for islands, landlocked countries and common borders. They are used to reflect the hypotheses that transport costs increase with distance and that they are higher for landlocked countries and islands but are lower for neighbouring countries. Dummies for common. Geographic bilateral and cultural data for 225 countries : distances, community of border, language, colonial history, etc. Gravity Update : adding of years 2007-2015 Harmonized data for the estimation of gravity equations: GDP, population, trade and money agreements, for each couple of country, from 1948 to 2015. Language Language provides new series for Common Official Language (COL), Common. Im on the third demo account with fine tuning martingale method. Im up 124% in 23 consecutive winning days and 100% winning trade. I think I am lucky on it. I only trade EU pair. The last trade happens to hold 4days because of losing trade, and unable to take profit during g sleep hour. it end up breaking my buy price with a gain in daytimd. As.

The trader just has grid system forex to realize that the marketplace is going to make a flow and the strategy will take care of the rest. It's far crucial to use a dealer and not using a trading commissions. These conditions will limit the maximum tiers of the forex grid buying and selling machine. Any other awesome thing approximately the grid strategy for foreign exchange is that it. Count pairs of points having distance between them equal to integral values in a K-dimensional space. 31, Jan 21. Count pairs of nodes having minimum distance between them equal to the difference of their distances from root. 23, Feb 21. Find the number of distinct pairs of vertices which have a distance of exactly k in a tree . 15, Feb 19. Loss when two items are sold at same price and same.

Malaysia, the Philippines, Indonesia, Russia and China are examples of high power distance countries with scores between 80 and 100.New Zealand, Denmark, Norway, United Kingdom and Germany have low power distance scores between 18 and 35.The United States, Canada and Japan have somewhat low power distance scores between 39 and 54. The degree to. For example, if your trading account with an online broker is funded with U.S. dollars, then any currency pair with the USD as the counter currency, such as EUR/USD, GBP/USD, AUD/USD or NZD/USD. We perform an extensive and robust study of the performance of three different pairs trading strategies-the distance, cointegration and copula methods-on the entire US equity market from 1962 to 2014 with time-varying trading costs. For the cointegration and copula methods, we design a computationally efficient two-step pairs trading strategy. In terms of economic outcomes, the distance. This is how you can calculate the pips between two points on the price chart of the MT4 platform: Method #1: You can place a horizontal line at the first and another one at the second level and calculate the distance of these two lines by deducting the lower line value from the higher one. For example, the distance of 1.25661 and 1.10896 levels on EUR/USD chart is 1476.5 pips

In this trade, a trailing stop-loss distance of 3.5 ATR values would have kept you in the trade for much longer, leading to your reaping the trade's maximum profits. From the above charts, it is clear that the wider trailing stop-loss distance could have kept you in the trade for longer than the smaller ATR multiples. Practice For Free With eToro. eToro: Free Demo Account. Trader Rating. Take. For example, say a forex trader places a 6-pip stop-loss order and trades 5 mini lots, which results in a risk of $30 for the trade. If risking 1%, that means they have risked 1/100 of their account. Therefore, how big should their account be if they are willing to risk $30 on a trade? You would calculate this as $30 x 100 = $3,000. To risk $30 on the trade, the trader should have at least. Trade size: Forex pairs are 100,000 units per 1 lot, but u nits per 1 lot vary on non-forex pairs. In this field there's the option of calculating the pip value based on the lots traded or the units traded. Let's choose, on our example, a trading size lot of 10,000 units (0.10 mini lot). Deposit currency: As pip values are different for each FX and each cryptocurrency cross and subject to the. Calculating 1 pip value for different currency pairs. You may see that the smallest lot is a micro lot (1,000 units of a base currency, it is often referred to as 1K). You can trade 1 000, 2 000, 3 000 or 124 000 units so long as it can be multiplied by 1K. Each 1K is referred to as a lot. So, if you as in the last example open a long trade with one standard lot on EUR/USD, you will be buying. The user agrees not to hold FOREX.com or any of its affiliates, liable for trading decisions that are based on the pip & margin calculators from this website. Try trading risk free Get demo account. Current Forex Rates . PAIR Bid Ask; AUD/JPY: AUD/USD: EUR/AUD: EUR/USD: GBP/USD: View All. Latest Research . NZ Q1 GDP preview and what it means for NZD/USD June 16, 2021 1:26 AM; European Open. Sniper Forex v2 - trading system for H1. Sniper Forex is intended for trading on H1 timeframe. This forex trading system works on any currency pair, but the best results are shown on the currency pair GBPUSD. Sniper Forex v2 is very easy to use, because is equipped with warning sound alerts