In the previous article we’ve analysed the main tools used particularly in trading and crypto trading. We\u0027ve explained such important element as a chart. Keep in mind that charts can be different, and each trader can use different charts and time frames. For example S#.Data (Hydra) program may build charts of various trading elements and time frames such as ticks, candles with various periods and volume charts. All of this give you a wide look to analyse the market, assess risks and its perspectives. trade-build-charts.png A pair may have different charts which can be distinguished by time frames. So for instance, the chart can be of 5 or fifteen minutes period. These periods named are Time Frame. trading-periods-timeframe.png charts-timeframes.png Let\u0027s look at the basic elements of Japanese candle. The rectangles on the chart is the body of a candle. The body of candle is formed based on the values of beginning and the end of the chosen time frame. charts-candle-body.png A candlestick is a type of price chart, and its candlestick can have bullish pattern if the opening price is lower the closed price, or in the opposite direction is bear candlestick. In the S#.Data (Hydra) program candles adopted green and red colour therefore we can determine the rise or fall of selected exchange tool. Also, a shadow is a line found on a candlestick chart which indicates the maximum and minimum price during the forming process. In the case of the absence of the upper shadow is considered that candle\u0027s top being cut off or the opposite is the base is cut off. A Doji is a candlestick with no real body, where the open price is equal to the closed price. If the body of the candle is small, then it is called a spinning top. S# programs allows traders to read candles as much as possible. A friendly interface and advanced analyses tools make them crucial for traders because the ability to read the candles it reduces the risks, especially in crypto currency market.
Traders may face a problem if they want to create trading robots and one of the issues is the lack of programming knowledge. Not every trader can be a programmer. A trader may simulate a good trading system but have zero coding knowledge. Even if you know of the programming languages very well, you might need to learn another one but if you have 0 knowledge of programming then it can be very challenging. Of course, you can buy trading robot but always keep in mind that it’s not perfect and may have some bugs or problems which lead to difficulties in modifying trading robot. trading-robot.jpg No worries here, there’s a solution. For example, our trading software - S#.Designer. It has the functions to create trading robots even with 0 knowledge of programming with help of cubic system which represent an individual elements of trading strategies. And at the same time such strategy won\u0027t be having less functionality or reliability. S#.Designer can combine and use the blocks (cubic) of code making strategies more flexible by your wish. Another disadvantage of trading robot is considered the lack of analyzing the current market conditions and trends. For sure, a trading robot is not an artificial intelligence and mostly depends human knowledge, however the knowledge of market with its technical analyse may minimize the problem. Using market data or other trading tools such as indicators or indexes which consist in S#.Designer in a large amount, you will be able to create a robot more loyal to the market, expand the conditions, functionality and possibilities to react to a particular trading situation. Automated trading systems can participants of the exchange market huge opportunities for a trade, provide some benefits over those manual traders. In any market, a trading robot always perform its embedded algorithm. However, you must know, that a trading robot only a tool and you have to know monitor its work in order to correct some problems showed up. A trader should understand that S#.Designer is not just create a robot, but also fill it with intelligence and logic, adding additional features and conditions. It also takes a step forward in creating more interactive and complex logic trading strategy that makes decision based on inputs which increases its profitability. algotrading.jpg
The use of trading robots nowadays is essential part of trading and its process. In today’s article we will explain all advantages and benefits along with successful approaches of using trading robots. algo-trading-robots.jpg 1) The trading robot itself can’t make a mistake but only if a trader made this mistake by creating this robot. For example by creating a trading robot with S#.API program, the user using tested and debugged libraries what makes the whole process of developing a trading robot way easier and the strategy itself is more stable. By placing an order, a correctly built a trading robot doesn\u0027t make any technical or syntactic errors, thus we don\u0027t face any failures and losses, as for example if the order has been placed manually. 2) A trading robot has a technical ability to track hundreds of quotes at once instantly react at market changes, make necessary calculations by operating with a large number of conditions and a big amount of information making the right decision correlating to the base algorithm. The API library allows you to create a robot whose speed of data processing makes it possible immediately take into account the trends and conditions of the market. Traders which don\u0027t use trading robots are forced to reduce the amount of trading tools, increase the use of time intervals (timeframes) and leave the idea of perspective but complex trading systems. 3) A trading robot doesn\u0027t have any psychological effect or influence, it works based on algorithm written in the code what makes it reliable and stable tool for placing orders and the whole trading process. 4) Once you developed a trading robot then you don\u0027t have to spend days around the monitor rather let your advisor to handle all the work and monitor 24/7 the whole trading process and put orders. Only what you need to do is manage conditions and strategy behavior by using a library. stock-market.jpg 5) Ease and simplicity of a program for creating robots - S#.Shell and stable libraries S#.API allows you to fill your trading strategy with additional features setting and installing new tools such as SMS notifications and remote control of trading systems. We\u0027s explained some positive aspects of trading robots and in a next article we will analyse some disadvantages and try to reduce its impact on your trading strategy.
Read this article to find out more about tech companies developing software for algorithmic trading. Let\u0027s make a quick review. A TSLab company specialized in developing a popular trading software to work with Forex or stockbrokers. The software itself is a builder platform where you can design your own trading robot based on already built one. After a trial period you need to purchase the full version. TSLab trade.png Another software for algorithmic trading is WealthLab. It gives you an opportunity to create your trading strategy in C programming language. It has its own library that contains code. WealthLab software.png If you are more advanced user, there\u0027s a trading platform called R Studio. It has multiple language support along with wide range of functionality and allows you to build a highly complex trading model. R-Studio trade.jpg The StockSharp company combines the functionality of all of 3 platforms mentioned above. Our products have great usability and a perfect interaction with each other what makes it a powerful tool for algo trading. Whether you come up with your own trading algorithm in C language and further integrate it in the Designer terminal in the form of a cube or simply write a code using our powerful library API, it\u0027s free to use and always will be. Data collection and transferring for analysis and testing can be implemented with one of our software programs called Hydra. It\u0027s also free, easy to both set up and use. Personal blend of trading tools, a large listing of brokers and a variety of different trading platforms along with features that let you directly connect to exchanges makes our products truly unique and innovative. For a full and more detailed list of products you can find on our website. StockSharp trading software.png
Friends! 9 new version has been released. We can say certainly that this version is most functional. There are many new features, different flavors and capabilities for each trader! We ourselves can not wait to tell you about all the changes, let’s go: 1. The code editor in C#. Write part or even the whole strategy in C#, and Designer will act as a GUI. Nothing could be easier. 2. One’s own block – one’s own logic. We are often asked at conferences and in the comments: \"Can I write my own block, describe my frequently used task?\" Before, we could not say yes, but in the new version of Designer it is possible! It is enough to write your own Dll and that’s all! Your personal block is ready. 3. ETFs? Do you want your own index? And do you want to trade them like one security? We know what you want, because it is very important functionality for the competent trader: \"portfolio\" yield may correspond to a particular security return, but its variation can be several times lower. Create your index (portfolio), and then trade it as a single instrument! It’s conveniently! 4. Options! For those who like it hot! Designer now supports options and algorithmic option strategies, market-making and delta-hedging. Now you can sell or buy a strangle, butterfly, condor, and then get income from the value time decay or volatility of the underlying asset! 5. Instruments are in one place! All oriented to work with instruments starting with history download, storage operating and finishing with a single instrument editing is in one place. Everything is available and conveniently! 6. The real connection! In conclusion, the highlight of the show – the possibility of live trading. Connect to the market, get information on the instruments, download history, make trades, write strategies, make money – all this in the new S#.Designer. \u003e\u003e Download \u003c\u003c
