I readthrough this epic thread yesterday (Michal I bet you wish you never started this off
).
I see one potential way to work the fpi at the independent trader level.
Obviously super fast processing and execution are prerequisite for success.
First, swear a blood oath with two of your trading buddies to share profit/loss evenly OR open three separate trading accounts of your own.
Network three reliable PC's, each linked to an individual, reliable, trading account and each monitering one of the currency pairs.
The data is shared across the network and the same FPI calculator used on each PC.
When predetermined favorable conditions are reached, all three orders are placed in unison on each PC and account. This can be automated. NONE of the orders will be placed if one or more of the data feeds is out of synch as this would show on the shared FPI calculator.
The exit orders can also be automated when FPI calc hits target level, showing profit.
Who's up for it?