Coding your Trading Strategy
Coding Your Best Trading Strategy into an AI Trading Robot
Are you tired of manual trading? Or are you unhappy with your current AI Trading Bot subscription? Why not put your trading strategies into your own AI Trading algorithm Robot? Don’t know how to start? This article is for you.
In this article you will learn what trading algorithm robots are, how do they work, and how our leading quantitative scientists, engineers, and programmers can assist you in operating and backtesting your trading ideas for profitable trading using an AI Trading Algorithm Robot.
What is an Artificial Intelligence Trading Robot?
An Artificial Intelligence Trading Robot, also known as an AI Trading Bot, is a computer program capable of generating and acting on buy and sell signals in the financial markets. It trades one or more currencies, cryptocurrencies, and other asset classes on one or more platforms that are controlled by its owners.
How does the AI Trading Bot work?
A trading algorithm bot powered by artificial intelligence is capable of executing deals automatically by connecting openly with a trading platform. These transactions require the bot to place buy and sell orders on the exchange when particular conditions are met. At their most basic level, bots use technical indicators, which are based on math and relate to price changes, to decide what to do.
TRADING BOTS' ESSENTIAL COMPONENTS
Data Analysis
Trading algorithm bots are well-known for their ability to decode buying and selling signals into multiple trades in a short period of time as well as their data analysis capabilities. Users of different bots can change the kind of data they put into the area where the signals are made to get more accurate results.
Here are the most common AI trading bot rules:
- Entry rules—indicating when it is best to buy or sell
- Exit rules: state clearly the closing time for each position.
- Position sizing rules: determining the quantity of assets to buy or sell.
Forecasting the Risk of the Market
This robot analyzes market data with a higher degree of precision and executes trade flows in an effective way in order to identify potential market risk and how to minimize it. The bot will calculate the amount of funds to invest or trade depending on the available data. This is probably the most essential component of a trading bot.
Buying and Selling Assets
AI trading bots use application programming interfaces (APIs) to purchase and sell assets in a strategic manner based on accessible market data. It prevents the buying of huge volumes of assets, thereby protecting dealers from losing their entire investment. This bot operates 24/7 and may execute your transactions without your intervention.
What are the benefits of using an AI Trading Bot ?
This robot offers great advantages in trading as follows:
- Conduct in-depth analysis on millions of data points and perform transactions at the lowest possible cost.
- The ability to work faster and more efficiently than a human trader would when trading manually.
- Generate an appropriate portfolio return while retaining high winning percentages and profit ratios.
- It enables the management of several accounts on various cryptocurrency exchanges.
- Massive data and number sets can be counted and computed in a few seconds.
- 24/7 automatic trading
How to Develop an Algorithmic Strategy ?
Note some of the fundamental characteristics that any algorithmic trading strategy must possess. The plan must exhibit market rationality, which implies that it must be fundamentally sound from both the market and economic viewpoints. Also, the mathematical model that is used to make the plan should be based on solid statistical principles.
Identify the data that you want your robot to acquire. To have an automated strategy, your robot must be able to recognize and profit from your trade strategies that may include persistent market inefficiencies. Therefore, the emergence of a specific incident of market inefficiency is insufficient to form the basis of a trading strategy that uses algorithms. If you don't know what makes a market inefficient, you can't tell if the success or failure of a strategy was due to luck or not.
Examine the information. When designing a strategy, it is essential to take a lot of factors into account, such as personal risk tolerance, available trading cash, and available time. After that, you can begin searching for the previously discussed persistent market inefficiencies, or use any of your own criteria. Once you know that the market is doing what you expect, you can build your bot for an extremely accurate backtest that may confirm your trade idea. Once your idea is confirmed and you are happy with the results, you can use the same bot to trade your strategy in live accounts.
OnlineGlobal Live Coding Service
Now that you have a basic knowledge of how to create your algorithmic trading strategy. You can create, code, test, and run your own trading bots with our service.
If you want to make your trading automated, increase your profit, reduce your risk, and better understand the potential outcome of your strategy, this offer is for you!
Why would you choose our service for your trading and coding experience ?
We offer Private Live coding sessions with Screen Sharing for you to learn all about coding your own AI Trading Robots!
We use MQL4, MQL5, FXDreema, EA Builder, Algo Optimization, and Back Testing to build trading algorithms that are more reliable and profitable.
Here are the services we offer in this package:
- A 4-hour live coding session
- Learn and get assisted by our leading quant scientists, engineers, and programmers.
- Improve your trading strategy.
- Choose your own tools and get it done.
- Creating your customs built EA
- Backtest, optimize, implement, and install your own trading bot.
- Algorithms in MQL4, MQL5, and Thinkscript for ThinkorSwim are covered.
At the end of this session, you will get and learn the following;
- Get all the source codes produced in this session.
- New Trading Strategies
- Installed Robots, Indicators, and Scanners as well as additional information or tools.
Visit this link to purchase a 1-on-1 private development session with our Genius Quant Scientist Engineer and Programmer.
Start your amazing trading journey with us!
ABOUT US
Onlineglobal is a small dev studio based in the United States, extremely experienced with Forex, stocks, indices, options, and crypto, with two engineering degrees, an MBA in finances, and coding in several languages, including Thinkscript, MQL4, MQL5, C#, and Alveo. We are specialists in artificial intelligence, machine learning, probability, statistics, optimization and mathematical models.
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Email: admin@abfs.tech
Phone number: +1 (929) 469-4494
