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How I Got Into the Crypto Algorithmic Trading Business
Trading algorithms are essentially a set of instructions that a computer can use in order to perform automated trades. For instance “buy Bitcoin when MACD indicator is higher than 0” can be coded and executed part of a crypto trading algorithm.
On Algo Trading Platforms
I have been developing crypto trading bots for a while now, but it’s only recently that I got into the Crypto Algorithmic Trading Platform Business. But wait — what does that even mean? You mean besides hitting those SEO goals? I’m glad you asked:
That usually refers to a web app that allows users to configure their own trading algorithms based on existing templates or sets of rules that accept parameters. Parameter is a developer term for an input that can be given to an existing code-block, that is generally needed in order to return an output that depends on this parameter.
In that sense, an algorithmic trading platform is a pre-written set of instructions, coded in such a way that it offers the end-user the possibility to modify the behaviour of the application based on their input.
If we go back to our previous example: “buy Bitcoin when MACD indicator is higher than 0” and replace the hardcoded values “Bitcoin”, “MACD” and “0” we get something closer to a…