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Algorithms
Automate your strategies and trade while you sleep
Algorithmic trading allows you to automate your trading by creating rules and setting parameters for trade execution. Once the market conditions match any of your pre-defined criteria, the algorithm will execute a buy or sell order on your behalf.
- Instantly react to changes in market conditions
- Save time by eliminating the need to constantly monitor the markets
- Remove human error from your trading
- Trade without emotion
- Test and optimize strategies automatically
At Tradetomato, we've made the algorithm creation process as intuitive and straightforward as possible. We call it the algorithm builder. It features an ever-growing collection of tools that you can use to create intricate automated trading strategies. Examples include:
- Indicators: Quantitative tools used in technical analysis to interpret and forecast market movements
- Filters: Set thresholds and other rules to define specific market scenarios
- Safeties: Protective mechanisms that allow you to limit your losses
- Profit Guards: All the tools you need to secure your gains
The algorithm builder also introduces the concept of multi-step trading through sub-positions and linked modules, tools that are unique to Tradetomato.
Sub-positions allow you to define a linear trading flow in which your algorithm can use its in-position balance for further actions. Imagine you would like to implement a strategy that trades BTC/USDT based on a range of indicators. Now imagine you would also like a percentage of the BTC that is bought to be used to trade ETH while the BTC/USDT position remains open. Sub-positions allow you to achieve this by specifying secondary condition layers in your algorithm.
You can also take it a step further by linking together multiple modules within your algorithm using dependencies. In this process, module outputs (such as strategy calls, model forecasting, or position data) can be used as inputs for conditions, allowing you to create complex dependency-based trading systems.
Last modified 5mo ago
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