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CHTrader had its beginnings in the activities of a small group of private traders. These traders had been trading for several years without automation and found that computerisation of price analysis, risk and growth control management and round the clock market surveillance was essential. In the years from 1999 to 2004, CHTrader was developed to provide the ongoing working solutions for these traders and others that were attracted to the group on an ongoing basis.
Therefore, CHTrader was not developed in a computer laboratory with the intention of manufacturing a
computer program as a commercial asset commodity. CHTrader did not come from
abstract theory, but from real people trading real currency markets in their homes as the trading group increased
around the world. This approach in its development has been strictly a result of observing what
actually happens when traders trade in the currency markets rather than what people believe or
wish to happen in the markets.
Products developed in such a way are usually not designed to make the vendor companies that
sell them money. They are developed as an effective tool – an asset of great practical value. One
might ask why those companies would sell such a program rather than simply make money out of
using their invention themselves.
This would be a fair question if CHTrader had not been developed in the way it has. It will be
helpful for your understanding of the product to consider the logic of the reasons why CHTrader
came about and why it is being offered to others, so that you can have confidence in the
effectiveness of this approach to trading.
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Those who use the CHTrader approach to trading know
that CHTrader would not now exist if it had never been offered to other traders. The feedback
obtained from all the traders using it, especially in the first few years of its development, is the
very reason for its existence. This feedback would not have been available if the program in its
infant form had never been sought by others.
In the early days of the program
development all the mechanisms and processes in the program were devised to be solutions and
working answers to the needs and difficulties experienced by this group of traders who were using
the program in its early years of its development. The program has therefore undergone a true
evolutionary development from smaller beginnings.
The forerunning developments of CHTrader started out as merely a non automated technical
analysis signal generator for entry and exit points into the market. CHTrader is now much more
than that and how it started out would now represent only about ten percent of what it now does.
The group of traders who used the earlier programs in the first years of its development started
the flow of information to the program developer. This made it clearly obvious what the program
needed to do. This was to aid its users in cracking those difficult problems, both analytical and
methodological which were all too prevalent whenever traders grappled with trying to achieve the
potentials of the markets.
In its present form, CHTrader has evolved to the point where its hedging and management capabilities are highly sophisticated and automated. CHTrader would not exist in this form if it were not to have evolved through this group of traders which has expanded over the years on a referral basis.
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