About CHTrader
The CHTrader Group started out as a small group of private currency traders in the early 1990’s. In these years these traders tried as many price analysis methods as they could to carry out research to perfect forex trading.
Early methods no longer used included Elliot Wave theory, momentum indicators, Gann Lines, price patterns, trading range and price support and resistance methods and candlestick price formations. This also included many other methods used at the time by new members attracted to the group. After several years of intensive testing, these methods were dropped as they were found to be mostly ineffectual. Many of these techniques were also easily detected on their screens by contrarian professional currency traders who would regularly and purposely trade against them with much higher volumes. The group found out that most forex traders fail using these run of the mill approaches.
The name CHTrader has become iconic in the field of fractal
dynamics and chaotic price theory applied to forex trading.
In the mid 1990’s the group made a break-through using fractal analysis of currency markets. They made ground breaking advances in this area. This new science of chaotic dynamics explains many other dynamic phenomena as well. This includes such things as fluid and hydraulic dynamics, the weather, crowd behavior, human emotions, and simply anything that changes in an erratic way. The science had been too new for
others to progress very far with it. However, the CHTrader group made great progress by the late nineties and is now at the forefront applying this exciting new scientific approach to trading forex markets. The name CHTrader has become iconic in the field of fractal dynamics and chaotic price theory
applied to forex trading.
The CHTrader group attracted several advanced information technology experts into the group. This enabled this development to be applied effectively in the group’s own automatic trading tools and software. Fractal geometry requires immense computing power because it relies on gathering huge amounts of dynamic data through a process of calculating thousands of iterative algorithms arranged in computer programs as neural networks. These applications mimic the way the human brain works but have access to millions of price movements going back over many years and have the ability to process this information in split second timing.
At first the group wrote the early software programs accommodating this to run on the group members’ laptops and personal computers. However, in 2006 the CHTrader program became physically too big to operate in this way. The solution was to run the applications on large servers and deliver the program as an online cloud computing service. A by-product of this was that the user interface became far simpler to run and use than previously. CHTrader uses two fractal scales. The monthly scale is the CHTrader method and the weekly scale is the Build Your Trading method.
In achieving all of this, the costs of running the applications online, web-mastering and supporting them had increased substantially. Therefore, over the years the group encouraged members to refer acquaintances and friends to join the trading group, who were also interested in taking advantage of this exciting new development in trading forex. Licence fees cover the costs of running the systems and more importantly this has been a further source of a wide range of expertise helping to facilitate ongoing research and development to even higher levels and results.
You can join the group too, enabling you to use the online software and take advantage of this wonderfully lucrative way of trading forex!
There are two levels of group membership. The first level, full membership with full use of the systems attracts a one off entry licence fee and a relatively small monthly subscription charge. The second level, part membership, is free. However, this level does not allow use of the systems but only gives access to news items and downloads of the group’s own books about forex trading and fractal analysis.
These days the group has grown to include members in over ten countries. Without the group they would not have access to the wonderfully effective tools it has developed and most of them would not otherwise be trading currencies. If you are interested, please Contact Us or Request a Demo and a group member nearest to you will contact you to explain how you can find out more and answer any questions you may have.
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