Sunday, July 19, 2015
Algorithmic Trading Software
Man vs. Machine Recently, I was asked if we are creating algorithmic Trading software for DTS. The answer is Yes. But it s still far out. Why? Because while the math of this algorithmic trader is based on the Diversified Trading Systems; the program is being designed for an auto trading environment. IMHO, a common misunderstanding is that one can automate how humans trade and/or that humans can trade the way machines do. Each device has its own strengths and weaknesses. I believe humans can be better traders than machines because they are able to process more nuances than a computer. Subtle is extremely difficult to code. But, humans suffer from inconsistent execution and follow through. This is not the case with an electronic system. A computer can be depended on to take the same trade under the same conditions every single time. The challenge with algorithmic trading is Chop . Choppy tight range price action is tough enough on us humans. But, for computers, it s dead
https://www.indicatorwarehouse.com/algorithmic-trading-software/
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