Navigating Past Waters: A Guide to Backtesting Trading Strategies Introduction Backtesting trading strategies is an essential step for traders who wish to improve their market performance. This process involves applying a trading strategy to historical data to evaluate its viability and profitability. Here, we’ll explore the importance of backtesting, the...
Hey traders, Trading robots are commonly perceived as a sort of magic button. Once it is clicked, the system starts trading automagically, generating consistent profits. What can be better? However, many pitfalls are hidden behind its simplicity. In this educational article, we will discuss the advantages and disadvantages of trading with Expert Advisers (EA)...
If you have your own strategy in TradingView, you can set up opening trades on the exchange in a couple of clicks. Next, you’ll see an example of how we set up alerts in 5 minutes, and how orders were opened and closed on the exchange. To do this, we will create alerts and a bot for alerts on our platform. Step 1. Set the alert parameters. Go to our terminal,...
> Robot you code yourself -> Risk Taking -> Market making/arbitrage In both cases the robot will likely not be overly simple. You will need to know a thing or two about programming. Learning to trade is like getting a degree, learning to code is like getting a second one. -> Risk Taking This may very well work. I do not know of anyone that does this and is...