ALGO TRADING CHEAT CODES: Techniques For Traders To Quickly And Efficiently Develop Better Algorithmic Trading Systems

by Kevin J. Davey

Algo trading and strategy development is hard, no question. But, does it really have to be so hard? The answer is "NO!" - if you follow the right approach, and get the right advice. Enter Champion Algo Trader Kevin Davey, and his book "Algo Trading Cheat Codes." In this groundbreaking book, Kevin reveals results of his research over millions of strategy backtests. He provides 57 "cheat codes" - tips you can use to build algo strategies faster and with more confidence. Some of the questions answered in this Is algo trading getting harder, and if so, what specific things can you do to make it easier? Is there an optimum reward to risk ratio for trade management, as many people claim? What bar size is the most amenable to creating algo strategies? Is exiting after a certain number of profitable closes, or unprofitable closes, a viable option for algo strategies? What mean reversion techniques work best? Is there a way to incorporate macro trends (bull,bear,flat) into your trading strategy? What exit is the best? How can your algos protect you during times of market uncertainty? You can go it alone, or you can take advantage of the cutting edge research by one of the world's premier retail algo traders. These "cheat codes" can easily save you significant time and money!

Genres: Finance

191 pages, Kindle Edition

Published May 6, 2021

Reviews

[Alex Cotterill · Rating 4 out of 5]

Helpful book with some good charts etc. Interesting method he uses to write his introductions.

[Uday Gupta · Rating 5 out of 5]

High leverage on investment

Overall, a lot of good ideas and insight to consider. Written in a concise manner, it’s almost a certainty you’ll make back a high multiple on the time and money you invest in this book.

[Dave Hoffman · Rating 4 out of 5]

Great book. I like that the website provides both the NinjaScript and EasyLanguage (TradeStation) code. I learned from both. Most of all I gained many ideas for trading algos.