What is 'Algorithm Strategy'?
A 'Strategy' is a combination of various conditions that define when to buy or sell a particular Trading Symbol on predefined algorithms to trade. For every trading strategy, one needs to define assets to trade, entry/exit points, and money management rules.
Algorithmic Trading strategies are based on technical analysis. They are usually verified by backtesting & optimization where the process should follow the scientific method, and by forward testing e.g. 'paper trading' where they are tested in a simulated trading environment[A2]
The KEEV platform enables users to make Algorithmic trading strategies without programming.
Algorithms that users use to trade are usually a combination of technical indicators (MACD, RSI, etc.) used along with comparison (>, <, = etc.) and logical (AND, OR) operators.
KEEV provides the KEEV Canvas, which is a simple as selecting technical indicators, keying in stop loss and target profit percentage and selecting the stocks you want to trade with to rapidly create and iterate on strategies.
Below is an example of a simple Algo that a user can create :
- Buy when the price drops by 2%
- Sell when the price rises by 3%
This Algo, when converted to a strategy using the strategy builder, looks like :
Users can choose from over (Add num+) indicators and candlestick patterns to create millions of strategies. Users can backtest these strategies to optimize them across different asset classes and further trade (paper and live) on the supported exchanges.
Related Articles
How to Create Algorithm Trading Strategy?
The Keev Strategy Builder is a simple as selecting technical indicators, keying in stop loss and target profit percentage and selecting the stocks you want to trade with that enables users to create relatively complex strategies without programming. ...Unveiling Astra: Your Gateway to Effortless Automated Trading - Managed Strategy
Unveiling Astra: Your Gateway to Effortless Automated Trading We're thrilled to introduce a game-changing feature – Managed Strategy, aimed at bridging the gap for those eager to delve into algo trading but seeking a hassle-free strategy formulation. ...What is multi-leg options strategy & how to build one.
An order to concurrently purchase and sell options with more than one strike price, expiration date, or sensitivity to the price of the underlying asset is known as a multi-leg option. A multi-leg options order is essentially any transaction that ...What is Automated Trading & How does it works ?
The process of using computers programmed to follow a defined set of instructions for placing a trade in order to generate profits at a speed and frequency that is impractical for a human trader is known as algorithmic trading also known as algo ...What is automated live trading & how does it work ?
Trading utilising an automated live trading involves employing a programme to carry out pre-established procedures for entering and terminating deals. The trader or the investor will combine meticulous technical analysis with establishing opening ...