The approach is largely traditional in the sense that it largely avoids the more computational aspects of traditional FX economics.
But the book includes examples and programming exercises that are of some practical use in FX.
At the same time the examples and exercises are relevant to those interested in learning programming for FX.
The book is largely applicable to anyone who is interested in FX and does not consider the book to be the main item of interest to anyone.
But the book is useful to anyone who wants to become familiar with a bit of programming for those who are willing to put some effort into learning it.
Generally the book can be used to get an introduction to programming and programming for financial economics.
A comment about programming is that the book is suitable for anyone who has basic programming skills.
If a reader is competent at writing programs in one language such as Matlab and/or have a good grasp of traditional FX principles then the reader can make good progress in understanding the main ideas.
Most of the book is presented in traditional mathematical and economic forms.
The language used is Matlab with some vb.
Generally the book has an introductory style but there is plenty of mathematical notation to allow the concepts to be understood and applied.
A book with a similar title to this one is [@Zhou:2007] which has a rather different focus.
Most of the material in the book is [@Zhou:2007] is fairly simple compared to the more advanced material in this book.
The book is probably less suitable for those who want a more detailed understanding.
The book is the first book that [@Zhou:2007] has completed. [@Zhou:2007] has generally been the point of reference in FX and has [@Zhou:2007] still be well regarded among those who have advanced knowledge in FX.
Given the origins of both books the focus of [@Zhou:2007] has been from the beginning been one of providing an introductory to programming in FX.
For a more detailed review of the book see [@Makin:2010].
In fact the second edition has now been published [@Zhou:2011] with a revised and updated chapter on foreign exchange market with a new appendix on FX market trading using technical analysis techniques.
Those who are looking to buy the book for themselves would not be satisfied to read the original.
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