A Couple of Ideas for a More Efficient and Flexible Trading System:
1) The ability to trade lots based on the available margin:
Instead of just being able to choose the size of the lot to be traded automatically in terms of 1.0 and 0.1 increments (for mini lots), it would be nice if the size of the lot depended on the available margin, so that the program doesn't try to trade more money than is available (and return error messages), or so that the program can trade larger lots when more margin is available, thereby improving the efficiency of the trade.
2) The Trading system's independence of the chart:
If the Trading systems did not depend on the scale of the chart, or the currency involved, this would allow for a more powerful program. One way to effect this would be to have a meta-trading system, outside of the chart, which could control multiple trading systems that are each set to a particular currency or scale.
3) The ability to control trades in different currencies in a single system:
This idea really stems from (2). If it was possible to control trades in multiple currencies simultaneously, then it would be possible to reallocate funds from one currency pair to another, in the case that the new currency pair should perform more favorably than the last. If one currency pair should become very turbulent in nature, it would then be possible to reallocate the funds invested in that currency to a currency pair that better fits the model of the indicators being used.
4)The ability to run independantly of the scale to which the graph is set:
This also stems from (2). If it was possible to run a trading system that controlled indicators for each graph scale (Tick, M30, Month, etc.), it would then also be possible to establish a more efficient method of trading. It would then be possible to use a more global indicator (set at 2H, for example) to establish the character of the trading for a given day, while at the same time be possible to use a more local indicator (set at M1, for instance) to make predictions about the most immediate price fluctuations. Thus, it would be possible to generate a better model for the behavior of a given currency by useing every possible method of description simultaneously.
5) A built-in news ticker:
As with the stock market, the behavior of currencies depends heavily on any critical news concerning the relevant countries' economies. Rather than getting this news from other sources (such as advfn.com, for instance), it would be a great convenience if this sort of information would be made available on the VTSpot platform directly, so that nothing is missed.
6) A new-based indicator:
This stems from (5). Supposing that there was a built-in news ticker, it would be especially useful if such news report could somehow be rated (with some positive or negative integer) in terms of whether or not the news is favorable to a currency pair. If this were possible, perhaps it would then also be possible to base an indicator on these integer values, which could then be used in a trading system to automatically trade that currency pair. I think this feature would be very effective, and extremely helpful for those people interested in fully-automated trading, or those who cannot afford to miss such valuable news alerts.
Clearly, it is impossible for a trading system to be its most effective if it is unable to capitalize on every possible, available data source and to execute trades based the simultaneous input of such data. I would greatly appreciate it if you could make an effort to effect some of the imporvements I have mentioned. It is only with a greater facility for indicator and trade manipulation that VTSpot can fulfill its potential.