NetLogo User Community Models
by Marjo Kaci (Submitted: 10/12/2014)
## WHAT IS IT?
The aim of this program is that of simulating the Forex market with a single currency, the Eur/Usd and a future on that currency. In addittion I have added some other elements such as the arbitrage price theory and some technical analyses tools
## HOW IT WORKS
Agents are representative of the traders in the market and they place orders to buy or sell the asset. Orders are placed in a negotiation book and under certain conditions the agents negotiate
## HOW TO USE IT
By clicking on the setup button we create the agents and set up the model. Using the slides we can control the number of agents, the passLevel for the negotiation, the out-of market level to get into or out of the market, the interest rates of the two assets that are simulated and finaly a slider for the volatility of the currency and future fluctuation.
## THINGS TO NOTICE
The two oscillators, the momentum and the bollinger bands are two tools of technical analyses that behave in a certain way giving signals of active trading. The purpose of the two oscillators i mainly a reppresentative one since we are not using them for trading signals.
## THINGS TO TRY
Change the interest rate of a currency or both and see how thw EUR/USD-future differs in fluctuation from the EUR/USD according to the interest rate theory.
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