What is Spotradar?

Spotradar is an automated trading model that generates definitive buy and sell signals in FX markets based on proprietary indicators.
Nostradamus Systems Ltd has been offering Internet based subscription services to banks and private individuals since 1997. The specialist knowledge and market presence we acquired over this period, and the experience of its principles in trading and software design, gives Nostradamus a unique perspective on intra-day trading markets. In 2002 the company began research on a new automated trading system to be called Spotradar.

Spotradar EUR/USD model has been trading live since January 2005, and GBPUSD was trading live since November 2006.
The model typically looks for a 50-pip profit against a 30 to 50-pip adjusting stop loss. These levels are determined by the model at the start of each new trading week. The model has parameters that give it a cautious stance overall, and there is typically just 1 trade per day.

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