Forex Kung Fu

FX-Bandit is trading up about 10%. It sold most of its losing positions.

In my design of a custom trading platform I am a little perplexed as to how to design a strategy interface. Should I use a simple C++ hook, or reverse engineer mql4 so I can use premade MetaTrader strategies in the new platform? Can anyone speak to the benifits of MQL4 verses C++?

Also I am looking for anyone who has real experience with quantlib or ta-lib deployed with realtime data, not just historic data, who can share a code snippet.

‘Better’ has continued to grow his lead at the automated trading championships - http://championship.mql4.com/

The federal reserve changed their position last week on a rate cut. The talk now seems to be focused on whether the fed will cut 25 or 50. Some analysts on Kudlow & Company last week were calling for as much as a 100 basis point cut, citing the current rates in the bond and treasury markets as indicators of where the fed should be. With the LIBOR increasing week after week and the fed more concerned about the credit markets than the falling dollar does the greenback stand a chance? How long will the Chinese and other greenback holders continue to watch the dollar fall? How many US assets will be purchased by foreign entities before we begin to take care of our trusted greenback?

My 2 cents: Foreign governments need to wake up to the realization if our economy goes into a recession than their economies will follow. This whole global marketplace theology, which believes global markets are now detached from the US markets, is just plain hogwash. Foreign governments should start lowering their interest rates immediately to help protect the American economy, thereby protecting their own interests.

Who am I though. I am an electrical engineer, not an economist.