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Forex

by Marjo Kaci (Submitted: 10/12/2014)

[screen shot]

Download Forex
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(You can also run this model in your browser, but we don't recommend it; details here.)

## 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.
Another think to be noticed is the reppresentation of the future in an enviroment with and without arbitrage, we can see how its fluctuation is conditioned when there is arbitrage in the market.

## 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.
Another think to try out is see the reppresentation of the future fluctuation when we turn on the switch, it should be in aligned withe the fluctuation of the EUR/USD-future.

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