Algorithmic Trading Strategies
  • Cryptocurrency Algorithmic Trading Strategies
    • Building Blocks Of Creating an Algo Trading Strategy
    • How To Apply The Strategies In This Library
    • Strategy 1: Candlestick Trading Pattern (Hammer and Hanging Man candles)
    • Strategy 2: Stochastic Oscillator and Bollinger Bands
    • Strategy 3: Diversified Crypto Portfolio Investing with Stochastics & Bollinger Bands
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  1. Cryptocurrency Algorithmic Trading Strategies

How To Apply The Strategies In This Library

PreviousBuilding Blocks Of Creating an Algo Trading StrategyNextStrategy 1: Candlestick Trading Pattern (Hammer and Hanging Man candles)

Last updated 1 year ago

One of the most popular platforms for algo trading is QuantConnect. These algorithms are designed to be used on Quantconnect. You can visit the site here:

Before you can trade live, you will need to pay for a live trading node on Quantconnect which is around $24 a month.

How to go live with your strategy:

  1. Write Your Trading Plan: You'll start by writing an algorithm, which is just a set of rules for how you want to trade. You do this in the QuantConnect coding environment, which is like a special word processor for code. If you're new, you can start with an example and change it to fit your plan.

  2. Test Your Plan: Next, you'll run a "backtest." This is like a rehearsal for your algorithm. It tests your rules on old market data to see how they would have worked in the past. You start a backtest by clicking the "Backtest" button.

  3. Check the Results: After the backtest, you'll see a report on how your algorithm did. It shows things like how much money it made or lost, and how risky it was. Make sure you're happy with these results before you move on.

  4. Connect Your Trading Account: To start live trading, you need to tell QuantConnect about your real trading account. You do this in the "Account" section, under "Linked Brokerages". Here, you can add your trading account details. QuantConnect works with many popular trading services, like Binance and Coinbase. They have more specific guidance on their website, however if you want more guidance then get in touch with me.

  5. Start Live Trading: Once your trading account is connected, you're ready to start live trading. You do this by going to your backtest report and clicking on "Go Live".

https://www.quantconnect.com/