exchange. StockSharphttps://stocksharp.com/handlers/atom.ashx?category=tag&id=exchange&type=articlesCopyright @ StockSharp Platform LLC 2010 - 20242024-03-29T08:29:20Zhttps://stocksharp.com/images/logo.pnghttps://stocksharp.com/topic/24028/Different candles - one program!2022-09-09T08:05:16Z2022-09-09T08:05:16ZMarathttps://stocksharp.com/users/101940/info@stocksharp.comCandlesticks in stock trading are a constant and necessary attribute.<br />Today there are no traders who do not turn to candlestick charts and do not track market changes based on it.<br />The history of the "candle" display of market behavior is rooted in the past, in Japan of the 18th century, when a sequence of "candles" began to visually depict the price maximum and minimum for a certain period, as well as prices at the beginning and end of this period.<br />It makes no sense to describe the composition of the candle, since any trader knows these basics.<br />Speaking <b><span style="font-size:120%">in the context of analysis, candlesticks are the basis of all fundamentals</span></b>, <b>an experienced trader</b> can only <b> look at the chart to determine the changing situation</b>.<br />Sometimes <b> a trader does not just determine the situation on the market, but is also able to predict changes </b>, since the market tends, under similar conditions, to react equally to "stimuli".<br />As I wrote earlier, <em>the abundance of trading tools only provide an opportunity to make deals, turning trading into an exclusively intuitive and speculative action.</em><br /><b>Serious, not mass trading, requires a systematic approach</b>, that is, you can't just take a terminal and start trading, initially <b>you need to have knowledge </b>.<br />This knowledge is based not only on the practical part - trading, but also includes a deep analysis of the market, its behavior on certain events.<br />Such reflections are clearly demonstrated by candles.<br />For most users, candles are the maximum and minimum for the period, but the variety of candles can surprise.<br /><b><span style="font-size:120%"><span style="color:green">Each type of candle has its own meaning for the trader, and is able to provide him with a full amount of information on the desired asset or group of assets.</span></span></b><br />So, various candlesticks may be needed for analysis, but it is quite problematic to get market data for them.<br /><b>Most programs and resources for downloading market data do not provide </b> such <b>information </b>, and those that can provide <b> do not allow you to get data on several types of candles at once </b>.<br />The second <b> problem is the need to convert data into the desired format for graphical representation of candlesticks and "visual" analysis</b>.<br />Do not forget about the cost of such programs, which are rarely even "shareware".<br />As mentioned earlier, <a href="https://stocksharp.com/store/hydra/" title="https://stocksharp.com/store/hydra/"><b>S#.Data</b></a> solves these problems.<br />It <b> allows </b> not just <b>to build candlesticks of various types</b>, but also <b> to save them</b>, which is not a little important <b> for further use</b>.<br />Almost all sources do not directly broadcast market data on such candles, respectively, the problem for most programs becomes unsolvable, but <b>S#.Data</b> solves it by constructing such unique candles through other downloaded market data. <b>For example from Ticks.</b><br /><br /><a href='https://stocksharp.com/file/135134/ticks_market_data_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/135134/ticks_market_data_png/?size=500x500" alt="ticks_market_data.png" title="ticks_market_data.png" /></a><br /><br />- For example, <b><span style="font-size:120%">Volume Candlesticks</span></b>, which <b><em> display the volume of transactions for the selected period, and provide information about the activity of the instrument.</em></b><br /><br /><a href='https://stocksharp.com/file/135135/volume_market_data_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/135135/volume_market_data_png/?size=500x500" alt="volume_market_data.png" title="volume_market_data.png" /></a><br /><br />And it is just as easy to plot their schedule<br /><br /><a href='https://stocksharp.com/file/135139/volume_candles_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/135139/volume_candles_png/?size=500x500" alt="volume_candles.png" title="volume_candles.png" /></a><br /><br />- The program allows you to get <b><span style="font-size:120%">Renko</span></b> candles. <b><em>The ranko chart clearly defines the main trend</em></b>. Such a chart is useful in order to determine the key support and resistance levels, since it averages the main trend, small price fluctuations are not reflected, this allows you to focus on really significant movements.<br /><br /><a href='https://stocksharp.com/file/135137/renko_market_data_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/135137/renko_market_data_png/?size=500x500" alt="renko_market_data.png" title="renko_market_data.png" /></a><br /><br />Also, after receiving the market data, we build a graph.<br /><br /><a href='https://stocksharp.com/file/135138/renko_candles_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/135138/renko_candles_png/?size=500x500" alt="renko_candles.png" title="renko_candles.png" /></a><br /><br />- Equally important candles - <b><span style="font-size:120%">Range</span></b> candles. <em><b>The peculiarity of this chart is that new candles are built depending not on the timeframe, but on the range that the price has passed </b></em>. Accordingly, it is more convenient for the user to track price fluctuations.<br /><br /><a href='https://stocksharp.com/file/135144/range_market_data_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/135144/range_market_data_png/?size=500x500" alt="range_market_data.png" title="range_market_data.png" /></a><br /><br />And we also build a schedule.<br /><br /><a href='https://stocksharp.com/file/135136/range_candles_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/135136/range_candles_png/?size=500x500" alt="range_candles.png" title="range_candles.png" /></a><br /><br />- In addition to the candlesticks listed above, which are quite familiar to traders and their charts, <span style="font-size:120%"><b>Hydra </b></span> allows you to get unique, but necessary data in the analysis.<br /><br />So for example <b><span style="font-size:120%">PnF</span></b> candles (<b><em>tic-tac-toe</em></b>)<br /><br /><a href='https://stocksharp.com/file/135142/pnf_market_data_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/135142/pnf_market_data_png/?size=500x500" alt="PnF_market_data.png" title="PnF_market_data.png" /></a><br /><br /><a href='https://stocksharp.com/file/135140/pnf_candles_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/135140/pnf_candles_png/?size=500x500" alt="PnF_candles.png" title="PnF_candles.png" /></a><br /><br />Or candlesticks <b><span style="font-size:120%">Heiken Ashi Candles</span></b>, used to track the market trend.<br /><br /><a href='https://stocksharp.com/file/135143/heikinashi_market_data_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/135143/heikinashi_market_data_png/?size=500x500" alt="HeikinAshi_market_data.png" title="HeikinAshi_market_data.png" /></a><br /><br /><a href='https://stocksharp.com/file/135141/heikinashi_candles_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/135141/heikinashi_candles_png/?size=500x500" alt="HeikinAshi_candles.png" title="HeikinAshi_candles.png" /></a><br /><br /><br />So <b><em><span style="color:green">S#.Data allows you not only to get ready-made market data, but also to build such data, the receipt of which is not possible</span></em></b>. Moreover, it allows you to immediately build charts, combining all the stages for market analysis, reducing the financial and time costs of the trader.<br /><br />That's it. See you in new articles.https://stocksharp.com/topic/11684/Trading for beginners. Stock market.2020-04-21T21:51:00Z2020-04-21T21:51:00ZMarathttps://stocksharp.com/users/101940/info@stocksharp.comToday's article will not be quite ordinary.<br />We often write articles relying on the fact that most users have experience in trading on the exchange. However, among our readers, there are more and more people who do not have knowledge about the exchange, brokers, the market and trading in General.<br /><b>We would like to change this and tell you a little bit about the structure of trading, so that everyone, even a beginner, has an idea of what they might face.</b><br />This will not be a manual for dummies, it will be an article that helps the user who first came to trade navigate.<br /><br /><a href='https://stocksharp.com/file/112696/stock-exchange-738671_640_jpg/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/112696/stock-exchange-738671_640_jpg/?size=500x500" alt="stock-exchange-738671_640.jpg" title="stock-exchange-738671_640.jpg" /></a><br /><br /><u>First, let's tell you what the exchange is and how it works.</u><br /><br /><b>The exchange is a fundamental link in market trading.</b><br /><b>It, like any commercial enterprise, is a legal entity and its activities are regulated by regulations and legal acts established by the state.</b><br />An exchange is a mechanism through which various market participants interact, which are consumers of various financial instruments, such as: <b>currencies, raw materials, and securities</b>.<br /><br /><u>As mentioned earlier, the exchange's work is strictly regulated, so we can firmly say that its work is strictly ordered, namely: </u><br /><em>- <b>Trading is not chaotic</b>, but orderly, strictly at a set time, with strictly set instruments,<br />- <b>Trades are held strictly in a designated place or on a strictly approved virtual trading platform (electronic exchange)</b>,<br />- <b>The requirements and terms of trade for each exchange are unified</b>, which makes it possible to comply with the procedure for transactions, requirements for the quality of goods or services provided, depending on the type of exchange, <br />- <b>The trading mechanism is carried out through counter offers of purchase and sale by interested market participants.</em></b><br />The purpose of the exchange is to organize and regulate the markets of the financial instruments that it represents. The exchange regulates the supply and demand process in order to equalize prices and protect the interests of all trading participants from various negative price changes.<br /><br />Today, there are a huge number of exchanges, each of which trades various financial instruments. You can see the choice of a variety of trading platforms when working with trading programs. For example, <a href="https://stocksharp.com/products/terminal/" title="https://stocksharp.com/products/terminal/">S#.Terminal</a> allows you to select the trading platform that the user needs, including a large number of electronic exchanges.<br /><br /><a href='https://stocksharp.com/file/112697/download-new-program-version-_gif/' class='lightview' style='max-width: 600px;' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/112697/download-new-program-version-_gif/" alt="download-new-program-version-.gif" title="download-new-program-version-.gif" /></a><br /><br />This abundance is both positive, as it leads to increased trading opportunities, and negative in terms of the complexity of the choice for the novice, although the latter is rather subjective, since later, the trader understands the trading technique, gets the opportunity for more flexible trading.<br /><br /><br />The emergence of the first exchange in the XV century, we owe the Belgian city of Bruges. It was on its Central square that the first auctions of securities – bills were held.<br />Not far from the place of trade, the house of the <b>Van der Beurse</b> family was located. Later, these trades were taught the name <em>Borsa</em>, which over the years was transformed into the word <b>"stock market" or "exchange". </b>.<br /><u>What are the rules for trading on the stock exchange</u>:<br /><em>- Transparency and openness of operations, <br />- Free pricing<br />- The state does not interfere in the course of the auction, but the auction is regulated by law.<br />- Along with manual trading, it is possible to use automated trading systems. For example, such as <a href="https://stocksharp.com/products/shell/" title="https://stocksharp.com/products/shell/">S#.Shell</a>, MT and others,<br />- The exchange receives income from Commission on transactions.</em><br /><br />Trading opens up great opportunities for the participant to earn money.<br />Today, both an experienced trader and a novice can become a market participant.<br />The abundance of trading exchanges allows you to choose what and where to trade. The largest exchanges include:<em> Chicago, Tokyo</em> and <em>Sydney commodity exchanges, the new York cotton exchange, the London metal exchange, the German futures (Frankfurt)</em> and <em>Singapore currency exchanges, the European-American NYSE-Euronext, the St. Petersburg </em>and <em>Moscow stock exchanges.</em><br /><br /><a href='https://stocksharp.com/file/112695/business-257911_640_jpg/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/112695/business-257911_640_jpg/?size=500x500" alt="business-257911_640.jpg" title="business-257911_640.jpg" /></a><br /><br />Becoming a trader is not always as easy as the advertising brochures promise, the player's path is thorny and inevitably involves losses and winnings. Of course, with experience and knowledge, a trader acquires a stable income, but at the same time does not stop learning and improving.<br />A trader studies the market, various trading terminals, and SOFTWARE.<br /><b>Becoming a trader is real, but it is not always as easy as it seems.</b><br />Therefore, we have <a href="https://stocksharp.com/edu/" title="https://stocksharp.com/edu/">developed a training course for creating trading systems</a>, which is designed for both knowledgeable traders and beginners. We have included a full range of training in algorithmic trading and the creation of trading systems, programs and examples of trading strategies.<br /><b>The goal of the course is to make trading more accessible and understandable, to teach anyone to trade, and success now depends only on the trader and his desire.</b><br />In the following articles, we will tell you how to choose a reliable broker and what a trader may face while trading. We will be happy if you share your experience and ask questions. Thankshttps://stocksharp.com/topic/11418/What are futures and options, and how to make money on them?2020-02-18T14:05:15Z2020-02-18T14:06:27ZMarathttps://stocksharp.com/users/101940/info@stocksharp.comToday, the concept of<b> futures </b>and<b> options</b> is one of the <b>most frequently uttered in the market</b>. Let's get acquainted with these financial instruments, give them concepts and consider the mechanism of their use.<br /><b>Futures</b> and <b>options</b> are <b>derivatives</b>, and they are also <b>called derivatives</b>. When buying these financial instruments, the trader does not get the asset itself (stock, bond, etc.), but a <b>contract</b> – an <b>opportunity to perform a purchase and sale operation in the future, at a fixed price</b>. Simply put, a derivative is an insurance that protects the trader from possible adverse fluctuations in the price of the main asset<br /><br /><a href='https://stocksharp.com/file/111597/futures-option-trading-system_jpg/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/111597/futures-option-trading-system_jpg/?size=500x500" alt="futures-option-trading-system.jpg" title="futures-option-trading-system.jpg" /></a><br /><br /><u>Little history.</u><br />Initially,<b> derivatives were created to reduce the possible risks of producers</b> of certain assets in the form of goods.<br /><b>Let's look at a simple example:</b><br /><b>Company A</b> produces flour, which is its basic asset.<br />Today, on the conditional market, <b>company A</b> can purchase <b>a contract for the sale of 10,000 tons of flour for $100</b>, with a sales period of <b>3 months</b>.<br />In fact, <b>after 3 months</b>, <b>company A</b> <b>can sell its flour for a fixed $100</b>, despite the fact that the <b>cost of flour may fall to $80</b>. With this <b>contract</b>, the company <b>predicts and fixes its income</b>, which will be <b>$1,000,000</b>, and the contract is <b>called - futures</b>, a contract "for the future".<br />There is a<b> possibility</b> that the cost of flour will <b>increase to $120 per ton</b>, and in this case, <b>company A</b> will receive <b>less than $200,000</b>, since the market value of <b>10,000 tons of flour will be $1200,000</b>.<br />The <b>buyer</b> of such a <b>contrac</b>t can be <b>company B</b>, which is engaged in the production of bread, and therefore the market price of flour is also important for it.<br />A private trader needs derivatives in order to get a fixed price of a purchase and sale transaction, such as a stock or currency, as well as an asset that cannot be purchased by a trader, such as oil.<br /><br /><a href='https://stocksharp.com/file/111598/financial-furures-contracrt_jpg/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/111598/financial-furures-contracrt_jpg/?size=500x500" alt="financial-furures-contracrt.jpg" title="financial-furures-contracrt.jpg" /></a><br /><br />Let's talk about which <b>futures</b> and <b>options</b> are the most popular in the world right now. Today, the <b>most" popular "</b> are <b>derivatives</b> for <b>currency, stocks, precious metals, and oil.</b><br />It is worth saying that a little more than 10 years ago, the purchase of a futures contract meant the delivery of a real asset, that is, in our case, the delivery of flour. Today, the lion's share of derivatives are non-deliverable, and on the day of the end of the contract, counterparties are paid in money.<br /><br /><u>Let's look at the mechanism in our example.</u><br />So by the end of the contract, <b>company A</b> must receive a fixed <b>$ 1,000,000</b> under the terms of the <b>futures contract</b>, which must be paid by <b>company B</b>.<br />Since their <b>derivative is non-deliverable</b>, at the end of the contract period, <b>company A </b>will not supply flour to <b>company B</b>.<br />What's going on? <b>Company A</b> displays the tonnage of flour on the <b>commodity exchange</b>, with the possibility to <b>sell it to any company</b>, including company B. the tonnage is received at a warehouse accredited by this exchange.<br />At the same time, <b>company B</b> has the <b>opportunity to purchase its 10,000 tons set by futures from another company</b> and receive them at another warehouse accredited by the exchange.<br /><br /><a href='https://stocksharp.com/file/111599/futures-trading_jpg/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/111599/futures-trading_jpg/?size=500x500" alt="futures-trading.jpg" title="futures-trading.jpg" /></a><br /><br />The price of flour may change, and may not be equal to the set price in the contract.<br />- Let the<b> price drop to $80 </b>per ton. In this case, <b>company A</b> sells its asset at <b>$80 per ton</b>, receiving <b>$800,000,</b> and the remaining <b>$200,000</b> is paid to it by <b>company B</b>, so in <b>total, company A will receive $1,000,000</b>.<br />At the same time, <b>company B</b> <b>will buy 10,000 tons of flour for $80 from</b> another supplier, spending <b>$800,000</b>, and with the amount of future compensation paid to <b>company A</b> in the amount of <b>$200,000</b>, its <b>total expense will be $1,000,000</b>, as planned.<br />- If the cost of flour <b>increases to $120</b>, in this case, the difference will be paid by <b>company A to company B</b>.<br /><br />Many novice traders have a question about the possibilities of trading options and futures in various markets, for example, stocks and bonds.<br />The answer is <b>Yes</b>. However, there are <b>restrictions related to the duration of such contracts</b>.<br />In our example – 3 months. If the contract was conditionally concluded in June, it ends in September.<br />The value of a derivative always depends directly on the value of the underlying asset, and the value of both instruments tends to be equal. Because of this dependence, futures and options are called derivatives.<br /><b>Traders earn money using derivatives</b>, for example,<b> on arbitrage transactions</b>, but at the same time derivatives do not cease to play an <b>important role in hedging operations</b> – insurance of transactions.<br /><br /><u>Let's take a closer look at the features of both financial instruments.</u><br />Let's <b>start with futures</b>. <b>Futures</b> a contract that involves the sale of the underlying asset at a fixed price, with a set delay in execution-payment. Futures fix the purchase or sale price of the underlying asset at the expiration of the term, and the market value of the asset may change.<br />If the <b>futures contract</b> is non-deliverable, then only monetary payments between the parties to the contract are made on it. It is worth saying that the delivery of the asset does not necessarily have to be made on time, in other things, as well as the purchase, but in this case there is a probability of price changes, and the risk of loss of profit.<br /><br /><u>Consider the mechanism for concluding a futures contract.</u><br />The <b>contract is concluded exclusively on the exchange.</b> The seller puts his offer on the exchange with its price, volume, and due date. After a buyer appears who agrees to these terms and conditions. The seller can also choose a ready-made request from the buyer, which has a set price, volume and deadline for execution.<br />This list of <b>applications is always present on the exchange</b>, and applications often differ little. Any of the participants in the transaction sees this list and chooses the most suitable one for them according to the condition. This list is called a glass and is displayed in the program that traders use. The greater the depth of the glass, the more flexible it is possible to enter into contracts, viewing more offers and as a result choosing the most suitable conditions in the case of the buyer, and at the same time more likely to conclude a contract in the case of the seller. Some trading programs allow you to set the depth of order book, <b>for example</b>, <a href="https://stocksharp.com/products/terminal/" title="https://stocksharp.com/products/terminal/">Terminal</a>, where you can set your desired depth. The order book in the Terminal program is shown below.<br /><br /><a href='https://stocksharp.com/file/111600/trade-terminal-system_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/111600/trade-terminal-system_png/?size=500x500" alt="trade-terminal-system.png" title="trade-terminal-system.png" /></a><br /><br /><b>Obligations to execute futures are transferred to the exchange.</b><br />When the date of execution of the futures contract and the conditions under which the seller will be obliged to pay remuneration (if the price of the asset has fallen), the exchange itself transfers the amount to the seller's account and withholds this amount from the buyer's account. If there is a situation that the buyer's account of the contract does not have the necessary amount, then this will be a problem that will be solved by the exchange, not the seller.<br />The situation is the same in the opposite case if the seller must pay compensation to the buyer.<br />The exchange carries risks, so before entering into contracts, both parties make a cash Deposit calculated according to the exchange's formula. Most often, its value can be double the <b>size of the fluctuation of the futures price in one day</b>. So if the price fluctuation was <b>3 %</b>, then the collateral may be<b> 6%</b> of the price of the futures contract.<br />The Deposit is refundable, and is returned to the account of the parties after the execution of the futures. If the participant refuses to fulfill the contract, the Deposit will be deducted from the exchange's account as compensation.<br />Sometimes there is a need for early termination of the contract, in which case its value will be equal to the value calculated by the exchange on the day of termination. That is, the exchange calculates the price of the contract on a daily basis, while it uses its own rules for calculating the cost, but focuses on the prices that are offered on the market by bidders.<br />As mentioned earlier, the price of the futures is slightly lower than the value of the underlying asset, but the difference is small. Sometimes there is a short-term gap that is associated with market situations, which allows you to earn using an arbitration transaction.<br />You can also make money on futures during the day. So the exchange recalculates the price of the futures, respectively, every day, when its price increases, it charges the difference between the value of the contract and its current value, while the amount of collateral also increases.<br />When the contract execution time comes, the price of the futures becomes equal to the market value of the asset.<br />In General, we can say that a futures contract is a convenient financial instrument that allows you to reduce financial risks. At the same time, speculative operations with this tool are quite complex and, often, it is possible to make money on them using automated tools, such as trading robots. For example, the trading robot <a href="https://stocksharp.com/robot/18/edward-scissorhands/" title="https://stocksharp.com/robot/18/edward-scissorhands/">"Edward".</a><br /><br /><u>The next financial instrument is an option.</u><br />This is also a <b>contract</b>, but not for the amount of the sale or purchase, but <b>for the opportunity to buy or sell the underlying asset at a fixed price at a specified time</b>.<br /><u>By type of transaction options are:</u><br /><em>- <b>Call option</b> – an option to purchase;<br />- <b>Put option</b> – a sell option.</em><br /><br /><a href='https://stocksharp.com/file/111601/option-trade_jpg/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/111601/option-trade_jpg/?size=500x500" alt="option-trade.jpg" title="option-trade.jpg" /></a><br /><br /><b>Option contracts are also traded only on the stock exchange.</b><br />The participant who bought the option has the right to refuse the transaction at any time if it is not profitable for him, while the seller of the option has no right to refuse it.<br />Thus, if the buyer uses the right of the transaction, the seller is obliged to fulfill it.<br />This <b>condition makes this financial instrument very difficult for an inexperienced user</b>, and allows him to trade confidently using various <em>trading robots</em> or <b>trading systems</b>, coupled with the ability to predict possible market situations.<br />An option can be said to be insurance against possible losses. In case of refusal, the buyer loses an amount equal to the value of the option, which is insignificant in comparison with possible losses. This amount is the seller's premium.<br /><u>Considered example:</u><br /><b>Trader A </b>purchased <b>100 shares</b> of <b>Trend LLC</b> at <b>$10 </b>per share. He plans to sell these shares in <b>2 months</b>.<br /><b>Trader B</b> offers him an option contract for the sale of <b>100 shares</b> of the <b>Trehd LLC</b>, with a period of <b>2 months for the price of $15 per share</b>. The <em>option price is $100</em>.<br />Let's assume that the transaction took place, let's consider two possible scenarios:<br />- <b>Let's assume that the price of the Trend company's shares fell to $7</b> per share by the time the option was exercised. In this case, trader A will not only not lose, but also earn.<br /><h3><em>$1500 (optional sale) - $1000 (initial costs) - $100 (seller's premium) = $400 -profit</em></h3><br />.<br />- L<b>et's assume the share price has increased to $17 per share</b>. Thus, the trader had to waste <b>$100 on the purchase of the option</b>.<br /><h3><em>$1700 (optional sale) - $1000 (initial costs) - $100 (seller's premium) = $600 -profit</em></h3>.<br /><br />And without the option, the profit would have been $700.<br />An option, like a futures contract, is a non-deliverable contract. If the buyer uses the option, the seller will simply pay the difference between the current price of the asset on the market and the option price.<br /><br /><a href='https://stocksharp.com/file/111602/put-option-trading_jpg/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/111602/put-option-trading_jpg/?size=500x500" alt="Put-option-trading.jpg" title="Put-option-trading.jpg" /></a><br /><br />As mentioned earlier, trading on the stock exchange using options is quite complex, and a market participant needs to be able to predict situations. For <b>call options, you must set a price that will be lower than the expected price after a set period, for a put option, on the contrary, higher than the expected price</b>.<br />Option prices are calculated using statistical data on fluctuations in the asset value. Many users are helped in this by various programs, trading strategies, and trading robots that calculate situations using market data. which for example can be obtained in <a href="https://stocksharp.com/products/hydra/" title="https://stocksharp.com/products/hydra/">Hydra</a>.<br />The one who <b>sells the option is exposed to greater risk</b>, its profit is the value of the option, and the loss is unlimited, as it depends on the price fluctuation.<br /><b>Any transactions with derivatives are associated with various risks. </b>The task of the trader is to choose the optimal solution, including the choice of an asset, a trading platform, a strategy, and a trading robot. Manual trading does not bring the necessary income on speculative transactions, so <b>working with trading robots makes the trader's work profitable</b> if the conditions are chosen correctly.https://stocksharp.com/topic/11383/Arbitrage trading. Principles, types.2020-02-04T18:52:36Z2020-02-04T18:53:24ZMarathttps://stocksharp.com/users/101940/info@stocksharp.com<div align="center"><b>What is Arbitration, general concepts.</b></div><br /><br />Recently, the concept of <b>Arbitration</b> has been found quite often in trade. What is <b>Arbitration</b>?<br /><b>Arbitration </b>is a <b>method of profit that minimizes the risk</b> of loss by using the price difference for the same asset in different markets.<br /><b>Today, this mode of trade is a commonly used trade tactic.</b><br />Let us consider what this mode of trade consists of.<br />The point is to sell the same <b>asset at a higher price</b> in one market and <b>purchase the same asset at a lower price</b> in another market.<br />Such trade is one of the most important components of the market, and most traders seek to conduct such trade, effectively reducing the <b>possibility of loss to a minimum</b>.<br />Although the nature of <em>arbitration consists</em> of price differences of one asset in different markets, this strategy can be applied to two assets with similar prices and portfolio volume.<br />Consider what the arbitration portfolio is and its properties:<br />- <em>Arbitration portfolio</em> - portfolio of assets, <b>which does not require additional resources of the investor.</b><br />- <em>The arbitration portfolio</em> is <b>not influenced by any factor, that is, has zero risk</b>.<br />In fact, for an investor, an arbitration portfolio is a tool that allows it to receive a large return, while remaining unaffected by various risks.<br /><b>A simple example of arbitration trade:</b><br />Suppose the value of asset A on one of the exchanges is $100, while the value of the same asset on the other exchange is $105.<br />A trader acquires an asset on one exchange, where its value is lower, and sells it on an exchange, where the value of it is higher. Thanks to this strategy, the trader gains profit, in the form of price differences of asset A on various exchanges.<br />This example is quite simplified, and is given only for the sake of clarity, in real trade the implementation of such transactions has its own difficulties.<br /><br /><b><div align="center">Choice of pair in arbitration.</div></b><br /><br />Let us once again define <b>Arbitration Trade</b> based on practical knowledge of it.<br /><b>Arbitration trading</b> is a method in which trading is carried out by means of differently directed transactions with an asset or assets <b>having similar prices and portfolios</b>, <b>based on the difference in their value</b>. In fact, the <b>trader buys a cheaper asset and sells a more expensive asset similar to the first asset.</b><br />Often, the arbitration pair selects a base and derivative asset (for example, <b>shares and stock futures</b>). Both assets should have similar price dynamics - <em>correlation</em>.<br />However, <b>correlation</b> has the property of being broken for various reasons.<br />Such reasons can be related to various serious market changes and to the consequence of market inefficiency. Emerging <em>correlation</em> violations contribute to profit in arbitration transactions. In fact, the trader profits when the correlation of the underlying and derived asset is restored, after its violation.<br />Simply put, an <b>arbitration transaction</b> occurs when buying a cheap asset and selling an expensive asset when there is a difference between their prices in view of various factors. However, for the rest of the time, the prices of both assets tend to be equivalent.<br /><a href='https://stocksharp.com/file/110499/stocks-exchange-arbitrage_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/110499/stocks-exchange-arbitrage_png/?size=500x500" alt="Stocks-exchange-arbitrage.png" title="Stocks-exchange-arbitrage.png" /></a><br /><br /><b><div align="center">Types of arbitration trade.</div></b><br /><br />Let 's look at what types of arbitration are distinguished in trading:<br />- <em>Time arbitration;</em><br />- <em>Spatial arbitration.</em><br /><em>Temporary arbitration</em> implies that transactions occur with a time difference. This type of arbitration is <b>characterized by a mechanism: buy cheap, and sell expensive</b>, or vice versa, sell expensive, and buy cheap. To put it simply, such a mechanism is actually - a common speculative transaction m<b>ade on the stock exchange market</b>.<br /><b>Temporary arbitration contains a risk</b>, as <b>during the period of time the trend may not change the direction</b> of movement, that is, if the trader initially bought the asset for cheap, it is not a fact that after time the asset will not cease to be cheap, thus bringing a loss on sale.<br />The next type of <b>arbitration is spatial</b>. With this type of arbitration, a couple of <b>transactions are bought and sold at the same time but at different sites.</b> In such transactions <b>risk is minimal</b>, and sometimes at all reduced to zero, as a couple of transactions take place simultaneously, at the same time the trader should take into account not only the difference in the price of the asset, but also possible commissions, which should be included in the expenses and covered by the amount of profit.<br />In addition to the types of transaction time, arbitration is divided into trading methods. Let 's look at the main ones and explain them.<br /><b>Spatial arbitration</b> is divided into the following types:<br />- <em>Equivalent arbitration</em>;<br />- <em>Regulatory arbitration</em>;<br />- <em>Calendar arbitration</em>;<br />- <em>Percentage arbitration</em>.<br /><br /><b>Equivalent arbitration</b> refers to such transactions in which the <b>underlying asset and derivative asset (derivative) are considered.</b> Since the price of a derivative always strives for the price of a basic asset, price schedules go alongside each other, sometimes intersecting and diverging.<br />If we simultaneously open equidistant positions on the selected asset and its derivative, when they have the maximum divergence, then closing the position when they converge will make a profit.<br /><b>Regulatory arbitration</b> is based on the<b> difference in price caused by different rules in different jurisdictions</b> (areas, countries, unions). <br /><b>For example</b>: due to certain legislation, an asset in one region is sold with a markdown, and its price is correlated with prices in other regions, differing by a stable markdown difference. In this way, by purchasing an asset in one region and selling it in another, you can earn a profit in the amount of a markdown.<br /><b>Calendar arbitration</b> is based on the <b>difference in price arising between futures on the same asset but having different delivery times. </b>This difference is called a calendar spread. The subsequent trading mechanism is similar to the equivalent arbitration method.<br />The last type is interest arbitration. This arbitration takes place on the foreign exchange market (Forex), and there are two types:<br />- <em>No forward coverage</em>;<br />- <em>With forward cover</em>.<br />The essence of arbitration is that the currency is bought and placed on a deposit with a set percentage. The currency is then sold at the current market rate. If the currency purchase occurs with the sale of a forward contract for the same amount, arbitration with forward coverage. With this type of risk is minimal, and for frequent absence.<br />If the purchase is made without forward support, arbitration without forward coverage. Such arbitration may be accompanied by a large risk based on a change in exchange value, which may result in a loss that is greater than the percentage of income on the deposit.<br /><b>Triangular arbitration</b> is also common in the Forex market. Let 's look at it with an example:<br />The trader buys <b>EUR/USD</b>, sells <b>EUR/GBP</b> at the same time, and buys <b>USD/GBP</b>. An equilibrium triangular contour is created. It turns out that the trader bought Euro for dollars, sold Euro for Pounds, Bought Dollars for Pounds. Thus, a closed chain is obtained, on the imbalance of which profit is made.The scheme of such arbitration is shown below:<br /><a href='https://stocksharp.com/file/110500/arbitrage-forex-trade_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/110500/arbitrage-forex-trade_png/?size=500x500" alt="Arbitrage-Forex-Trade.png" title="Arbitrage-Forex-Trade.png" /></a><br /><br /><div align="center"><b>Conclusions</b></div><br /><br /><b>Arbitration trade</b> has gained a lot of recognition among traders. A large number of approaches to solving the problems of <b>arbitration trade</b>, a large number of methods used to implement the tasks make this kind very flexible, and the absence of risk or its minimum value further popularizes it.<br />However, it is worth saying that the strategies of arbitration to direct, are related to the rate of reaction of the trader to changes in the asset. This leads to various requirements that promote successful trade:<br />- <b>Fractions of a second play a major role in arbitration strategies.</b> Therefore, such<b> trading systems require good software</b>. It can be represented by ready-made trading robots. For example, StockSharp offers the robot <a href="https://stocksharp.com/robot/18/edward-scissorhands/" title="https://stocksharp.com/robot/18/edward-scissorhands/">"Edward"</a>, which allows you to work using the trader's<b> arbitrage strategy</b> and is capable of quick and <b>flexible configuration.</b><br /><b>High-quality </b><b>software</b> is especially important when working for<b> Forex</b>, as the number of traders is high. Therefore, many prefer an individual approach and create trade robots on their own through various programs. Trading robots are mostly written in powerful <em>C# </em>or <em>C++</em> languages, using libraries such as <a href="https://stocksharp.com/products/api/" title="https://stocksharp.com/products/api/">S#.API</a> and <em>Interactive Brokers API</em>.<br />Recent years have also received designers of trade strategies <em>TSlab</em> and <a href="https://stocksharp.com/products/designer/" title="https://stocksharp.com/products/designer/">S#.Designer</a>, which allow to create trade robots without programming.Below is an example of a trading robot created using S#.Designer, the graph shows the moment of divergence of assets and their convergence with the subsequent transaction by the robot.<br /><a href='https://stocksharp.com/file/110497/arbitrage-trading-exchange-stock_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/110497/arbitrage-trading-exchange-stock_png/?size=500x500" alt="arbitrage-trading-exchange-stock.png" title="arbitrage-trading-exchange-stock.png" /></a><br />Application of the latest software leads to reduction of risks and improvement of the mechanism of work and as a result to increase of profit.<br />- <b>It is important to remember that the strategy, even if there is perfect software, is profitable, if the income will exceed the possible risk and all broker commissions.</b><br />- <b>It is worth remembering even using a trading robot, the risk can not always be reduced, so the trader must constantly manage his strategy, improve his tools and his knowledge. </b>Learning new principles that can be applied in trading can make a trader a pioneer in making profits.<br />It is necessary to know that arbitration strategies can and should be combined with other types of exchange trade, which will give additional opportunities in income generation.<br />https://stocksharp.com/topic/10679/Designer - create a strategy based on MACD. Start with simple.2019-05-06T18:15:06Z2019-11-18T07:05:29ZMarathttps://stocksharp.com/users/101940/info@stocksharp.comCreating a strategy in the <a href="https://stocksharp.com/products/designer/" title="https://stocksharp.com/products/designer/">Designer</a> program.<br /><br />Let’s discuss an example of creating a trading strategy in a program based on the MACD indicator values.<br />The indicator’s goal is as follows:<br /><br />1. If the MACD indicator histogram crosses the zero line from top to bottom, this is a sell signal.<br />2. The transition of the histogram from the negative to the positive zone is a buy signal.<br /><br />Therefore, it is necessary to create conditions under which a trade will be made, namely, if the indicator value on the next candle changes its sign, then the signal is sent to make a trade.<br />To create a strategy, we need:<br /><br />- Run the program. <br /><br /><a href='https://stocksharp.com/file/109074/1_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/109074/1_png/?size=500x500" alt="1.png" title="1.png" /></a><br /><br />- Select the Variable, Candles and Chart Panel blocks, connect them. <br /><br /><a href='https://stocksharp.com/file/109084/2_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/109084/2_png/?size=500x500" alt="2.png" title="2.png" /></a><br /><br />- Select an instrument with which we will test the strategy. <br /><br /><a href='https://stocksharp.com/file/109086/3_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/109086/3_png/?size=500x500" alt="3.png" title="3.png" /></a><br /><br />- Plot a candle chart. <br /><br /><a href='https://stocksharp.com/file/109081/4_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/109081/4_png/?size=500x500" alt="4.png" title="4.png" /></a><br /><br />- Select the Indicator and Chart Panel blocks. Connect the Indicator and Candles blocks. <br /><br /><a href='https://stocksharp.com/file/109077/5_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/109077/5_png/?size=500x500" alt="5.png" title="5.png" /></a><br /><br />- Plot a chart of the MACD indicator.<br /><br /><a href='https://stocksharp.com/file/109075/6_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/109075/6_png/?size=500x500" alt="6.png" title="6.png" /></a><br /><br />- Select the Variable block and assign it a numeric value of 0 for further comparison with the indicator value. <br /><br /><a href='https://stocksharp.com/file/109083/7_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/109083/7_png/?size=500x500" alt="7.png" title="7.png" /></a><br /><br />- Select the Comparison block and set the test condition in the properties: execution during the test, with the MACD indicator value greater than 0.<br /><br />- Add two Variable blocks and Comparison block. One of the variables is set to -1 in the block properties. It will indicate the transition of the MACD curve value from negative to positive area. The second Variable value is set to 0 in the properties, that will indicate the initial indicator value. <br /><br />- Set the condition in the Comparison block that will be fulfilled if the initial indicator value for the time frame is greater than the current one.<br /><br />- Connect the Variable blocks via a trigger socket with the Comparison blocks, as shown in the figure.<br />Select the Logical Condition and Variable cubes.<br /><br /><a href='https://stocksharp.com/file/109079/8_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/109079/8_png/?size=500x500" alt="8.png" title="8.png" /></a> <br /><br />- The execution condition of two comparisons will be checked in the Logical Condition cube. Set the AND condition in the properties of the Logical Condition cube and connect the cubes as shown in the figure.<br /><br /><a href='https://stocksharp.com/file/109076/9_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/109076/9_png/?size=500x500" alt="9.png" title="9.png" /></a><br /><br />- Set the value equal to -1 in the Variable cube and connect it with the Logical Condition cube via a trigger socket, and through the output connect to the input of the cube with a value of 0. This will allow overwriting the checkbox value when conditions are met, indicating within what range of values the MACD indicator curve is.<br /><br /><a href='https://stocksharp.com/file/109080/10_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/109080/10_png/?size=500x500" alt="10.png" title="10.png" /></a><br /><br />- Select the Open Position block, select the Buy direction in the settings and connect data and trigger with the socket, as shown in the figure.<br /><br /><a href='https://stocksharp.com/file/109082/11_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/109082/11_png/?size=500x500" alt="11.png" title="11.png" /></a><br /><br />- Select two Variable blocks in which to set the volume and portfolio for trading. Connect them with the corresponding sockets of the Open Position block.<br /><br /><a href='https://stocksharp.com/file/109087/12_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/109087/12_png/?size=500x500" alt="12.png" title="12.png" /></a><br /><br />- Similarly, create a routine for the Sales execution.<br /><br /><a href='https://stocksharp.com/file/109085/13_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/109085/13_png/?size=500x500" alt="13.png" title="13.png" /></a><br /><br />-The strategy is ready, let’s run it.<br /><br /><a href='https://stocksharp.com/file/109078/14_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/109078/14_png/?size=500x500" alt="14.png" title="14.png" /></a><br />https://stocksharp.com/topic/10642/How to download market data to the Designer?2019-04-25T12:35:50Z2019-04-26T00:39:18ZMarathttps://stocksharp.com/users/101940/info@stocksharp.com<iframe width="640" height="390" src="//www.youtube.com/embed/st0zTuKX_Fg" frameborder="0" allowfullscreen></iframe><br /><br />In order to download market data to the Designer program for testing a trading strategy, you need to do the following:<br /><br />1.Run the program.<br /><br /><a href='https://stocksharp.com/file/108980/1_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/108980/1_png/?size=500x500" alt="1.png" title="1.png" /></a><br /><br />2. Select the <b>Market Data</b> section in the top menu and click on it.<br /><br /><a href='https://stocksharp.com/file/108968/2_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/108968/2_png/?size=500x500" alt="2.png" title="2.png" /></a><br /><br />3. In the window that appears, select the Download Securities button in the Securities panel, in the menu that appears, tick the All option and select the storage. Then click the OK button .<br /><br /><a href='https://stocksharp.com/file/108970/2a_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/108970/2a_png/?size=500x500" alt="2а.png" title="2а.png" /></a><br /><br />4. In the list of downloaded securities, select the one we need.<br /><br /><a href='https://stocksharp.com/file/108976/3_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/108976/3_png/?size=500x500" alt="3.png" title="3.png" /></a> <a href='https://stocksharp.com/file/108974/4_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/108974/4_png/?size=500x500" alt="4.png" title="4.png" /></a><br /><br />5. Choose a period for which we need market data, and candles that we need.<br /><br /><a href='https://stocksharp.com/file/108967/5_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/108967/5_png/?size=500x500" alt="5.png" title="5.png" /></a> <a href='https://stocksharp.com/file/108979/6_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/108979/6_png/?size=500x500" alt="6.png" title="6.png" /></a><br /><br />6. Select the path to storage where our market data will be stored, for this, we click the “+” button. <br /><br /><a href='https://stocksharp.com/file/108971/7_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/108971/7_png/?size=500x500" alt="7.png" title="7.png" /></a><br /><br />7. In the menu that appears, select the full path to store the downloaded market data.<br /><br /><a href='https://stocksharp.com/file/108969/8_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/108969/8_png/?size=500x500" alt="8.png" title="8.png" /></a><br /><br />8. Click the <b>Start</b> button<br />9. In the window that appears, select the market data source.<br /><br /><a href='https://stocksharp.com/file/108978/9_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/108978/9_png/?size=500x500" alt="9.png" title="9.png" /></a><br /><br />10. In the window that appears, click the “+” button and select the source we need from the drop-down list.<br /><br /><a href='https://stocksharp.com/file/108977/10_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/108977/10_png/?size=500x500" alt="10.png" title="10.png" /></a> <a href='https://stocksharp.com/file/108973/11_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/108973/11_png/?size=500x500" alt="11.png" title="11.png" /></a> <a href='https://stocksharp.com/file/108972/12_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/108972/12_png/?size=500x500" alt="12.png" title="12.png" /></a><br /><br />11. Click the OK button.<br /><br /><a href='https://stocksharp.com/file/108975/13_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/108975/13_png/?size=500x500" alt="13.png" title="13.png" /></a><br /><br />Market data downloaded to your storage. Enjoy using.https://stocksharp.com/topic/10641/Designer Knowledge Base2019-04-25T12:28:29Z2019-04-25T18:46:03ZMarathttps://stocksharp.com/users/101940/info@stocksharp.comFrequently asked questions about <a href="https://stocksharp.com/products/designer/" title="https://stocksharp.com/products/designer/">Designer</a>:<br />1. <a href="https://stocksharp.com/articles/10642/How-to-download-market-data-to-the-program/" title="https://stocksharp.com/articles/10642/How-to-download-market-data-to-the-program/">How to download market data to the program?</a><br />2. How and where to specify an instrument for strategy backtesting?<br />3. How to create a condition in the strategy?<br />4. Compound indicators, methods of their decomposition.https://stocksharp.com/topic/8802/BTC vs BTC. Arbitrage!2017-11-08T02:39:55Z2017-11-14T18:08:51ZMikhail Sukhovhttps://stocksharp.com/users/201/info@stocksharp.comRecently, interest in crypto currencies has grown in leaps and bounds. New exchanges have opened, hard forks, ICO, new crypto-currencies are being created and this whole movement generates a huge sea of opportunities.<br /><br />One of these opportunities will be discussed in this short article. <br /><br />Not so long ago, we launched the <a href="http://crowd.stocksharp.com/product/crypto/" title="http://crowd.stocksharp.com/product/crypto/"><span style="font-size:140%">crowdfunding project to create new connectors to 10 crypto-exchanges</span></a> (<b>Bitfinex, Coinbase, Kraken, Poloniex, GDAX, Bittrex, Bithumb, HitBTC, OKCoin, Coincheck</b>), while the two connectors to Wex.nz and Bitstamp are already implemented in our platform. This project would not be needed if the currencies were traded more centrally, but the number of exchanges already exceeded a few dozen. More connectors, more stable trading, and more entry points for arbitrage bitcoins and other popular crypto currency.<br /><br />The target function of any exchange is to match buyers with sellers, but the price of an asset at which bidders are trying to make a deal can be different! Since the digital assets economy is just beginning, this difference can be very significant.<br /><br />This fact gives rise to the possibility of so-called arbitrage - to buy assets when they are cheaper and sell when they are more expensive.<br /><br />Let's see an example. The screenshots below of exchanges are further made at the same time.<br /><br />GDAX BTC order book:<br /><br /><a href='https://stocksharp.com/file/105228/image1_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/105228/image1_png/?size=500x500" alt="Gdax BTC" title="Gdax BTC" /></a><br /><br />BTC quoting by $7 313,88 price.<br /><br />For the same BTC on Wex.nz<br /><br /><a href='https://stocksharp.com/file/105226/image3_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/105226/image3_png/?size=500x500" alt="Wex BTC" title="Wex BTC" /></a><br /><br />Same BTC but price already $7 373<br />Another exchange - Poloniex:<br /><br /><a href='https://stocksharp.com/file/105227/image2_png/' class='lightview' data-lightview-options="skin: 'mac'" data-lightview-group='mixed'><img src="https://stocksharp.com/file/105227/image2_png/?size=500x500" alt="Poloniex BTC" title="Poloniex BTC" /></a><br /><br />BTC has a price of $7 323<br /><br />No comments ;-)<br /><br /><a href="http://crowd.stocksharp.com/product/crypto/" title="http://crowd.stocksharp.com/product/crypto/"><span style="font-size:140%">Join our shared campaign of creating new connectors</span></a> and we will provide you with technical tools for arbitrage between exchanges (and, consequently, earnings on this strategy). Particularly important, we will provide an <a href="http://stocksharp.com/robot/18/edward-scissorhands/" title="http://stocksharp.com/robot/18/edward-scissorhands/"><b>automated trading robot</b></a>, which has already been performing arbitrage trading with Bitcoin for almost a year.