Step 3 – In the price field, modify the limit price (to use a limit order), or use the price wand to select the MARKET price (to use a market order). From $500,000 to $2 million the rate is 5. Limited (trading as "FXCM") (AFSL 309763, ABN 31 121 934 432) is the issuer of the products described in its Product Disclosure Statement and is authorised to provide financial services in Australia. For more information, see About Automated Execution for Strategies. TradeStation also created Easy Language, a proprietary programming language aimed to make trading strategy development much simpler for traders. Trading Computer Guide (Algo trading, Swingtrading and Daytrading) The trading computer is every trader’s workhorse. Therefore, to get a wide range of exits, I am going to examine some "simple" ones, some “intermediate” level exits and some "complicated" exits: Simple Exits 1. Learn the basics of day trading courses online with our stock market classes and become a professional trader. These things include proper backtesting and validation methods, as well as correct risk management techniques. Algorithmic trading can be used to implement various trading strategies, such as market-making, statistical arbitrage, and high-frequency trading. Note I did not say “cheapest” route to go, because frankly – good education costs money. It is technical analysis software and electronic trading platform. All customers receive the same signals within any given algorithm package. Used by the world's top universities. The Elite Trader & Trader Plus are the latest examples of Trading Systems offered at AlgorithmicTrading. – User Configurable Zone Types (Open, Close, Wick,. Introduction. A quantitative trading system consists of four major components: Strategy Identification - Finding a strategy, exploiting an edge and deciding on trading frequency. The Ultimate Algorithmic Trading System Toolbox, TrendFollowing Systems-A DIY Project :Batteries Included! My research is now focused on day-trading. 50 per side. Algorithmic Trading Systems. ” option to the bottom of the pop-up. All asset classes, timeframes and bar types. But for algorithmic trading systems of intermediate frequency the choice appears almost unlimited. (“TradeStation Securities”), an award-winning*, self-clearing online brokerage for trading stocks, ETFs, options and futA representation of a simple TWAP algorithm, trading consistent amounts throughout the day, Natixis In reality, algorithms quickly escalate in complexity (changing. Step 2. Interactive Brokers: Interactive Brokers is regarded as the best algorithmic trading platform overall. How "insert explitive" stupid. . Overall Winner: Tradestation. QuantConnect - Best for engineers and developers. Using Python speeds up the trading process, and hence it is also called automated trading/ quantitative trading. com. <br><br>Proficient in Python programming, analytics, and data analysis. The site Biold Alpha is run by founder Dave Bergstrom. Ability to historically test strategies before going live 4. Best for traders without coding experience: Trade Ideas. Trading platforms: The broker’s state-of-the-art trading software is available in three versions — TradeStation Desktop, TradeStation Web Trading, and TradeStation Crypto. And let me tell you, the software is MUCH faster than Tradestation and all the other programs I have tested (Tradestation, Ninjatrader, Multicharts, etc. TradeStation: Most data is free - including popular Futures instruments - and the data is very good quality. High Strategy Profit factor. Here are some of the different Trading apps beyond the basic features that are installed by default:. The Elite Trader utilizes a total of five different individual trading strategies: Day Trade Long (v2), Emerald Long and Emerald Short, Day. TradeStation's trading simulator has all the tools you'll find on TradeStation 10 and includes a large historical database for backtesting strategies. This encompasses a lot of things – chart and indicator visualization, backtesting and strategy coding, and of course automated trading. Amibroker does offer the possibility to trade your backtests and strategies live. TradeStation Institutional offers institutional investors comprehensive electronic execution services across multiple asset classes. Cut out the noise,. Get Started with Algorithmic Futures!This is a Demo of how to spec and create an Automated or Algorithmic Trading machine on AWS using EC2 running MS Windows 2019AUTOMATE YOUR TRADING Create and backtest your trading ideas Visual drag & drop strategy editor backed by backtesting engine Build algo strategies in your browser in a visual way, no programming. In 2003, algo trading accounted for only about 15 percent of the market volume, but by 2010, more than 70 percent of U. 591. 19 billion in 2023 to USD 3. Our algorithmic trading bot will autonomously adjust position size relative to market price and volatility – so you wouldn’t have to worry about it!. Any other alternative platform recommendation?I use TradeStation 9. Tradestation Robot. UltraAlgo, a leading algorithmic trading tool, delivers clear buy and short signals across any security listed on the NASDAQ, NYSE, and CBOE. – Optionally Calculates and Draws Swing High and Low Levels. Technical Analysis Strategy. Both firms finish at 8:00 pm. 53:10m. This algorithm exclusively trades the S&P Emini Options that expire on either Monday,. TradeStation supports the following configuration: Parallels Desktop 11. Our extensive report on the global algorithmic trading market offers valuable insights and actionable intelligence for stakeholders seeking to understand market dynamics,. This is the BEST trading course course money can buy, especially if you are looking for practical, hands on knowledge regarding algo trading. That may be ok for futures trading,where more often than not the focus is on a single. In this article, we will discuss why Tradestation’s Easylanguage may be a better choice for algorithmic trading, and how it can provide more efficient and effective. Two-step (safer) login. Algorithmic trading in the Emini Futures market on a relatively short-term basis should be considered a risky investment**. net is a third-party trading system developer specializing in automated trading systems, algorithmic trading strategies, trading algorithm design, and quantitative trading analysis. Tradestation algo trading adalah teknologi yang memungkinkan para trader untuk mengotomatiskan proses trading mereka. A fee of $0. Zipline is another Python library that supports both backtesting and live trading. Trade Ideas. Market experience includes: ICE Intercontenental Exchange (Market Data) , Interactive Brokers (Market Data), 1010Data (Mortgage Backed Securities & Market Data), Eka1 (Commodities Trading), TradeStation (Brokerage), TradingView. Tradestation – Algo Trading Software. Users are provided a. The accessible, beneficial guide to developing algorithmic trading solutions. TradeStation Securities' desktop trading platform equips traders with power, speed & flexibility to enter the. We only trade futures markets (where the pros trade) due to huge liquidity and low margins. 3- AMD Ryzen 9 5950X, 16-core Desktop Processor, 32-Threads, 3. Place orders, view trades and positions, access market data, news and account data. Now you can partake in TradeStation algorithmic trading without being a tradestation coder. 03 billion in 2022 and is projected to grow from USD 2. I am a recently-retired 40 year professional programmer and a 24 year serious student of algorithmic trading, and an active algorithmic and discretionary trader for the past 21 years. No one is going to give secrets away for less than $100. Tradestation has easy language which was designed for traders, not programmers. 2. They've improved the alerts functionality recently, so it's definitely doable. An aerospace engineer and MBA by background, Davey has been an independent trader for over 20 years. The site Biold Alpha is run by founder Dave Bergstrom. The first step in developing a trading system is the key idea. Step 1: Learn Algorithmic Trading. The algo trading software provides fully automated backtesting features that allow you to go back in time and see how particular trade ideas would have fared under different scenarios. 50%, London Stock Exchange Group Plc with 0. TradeStation provides a decent way to monitor this, as shown in Figure 3. Build Alpha also generates complete code for multiple trading brokers such as: TradeStation, MultiCharts, NinjaTrader, MetaTrader4, MetaTrader5, Python and more. Options trades have the same $0 commission fee in place with both brokers. Yes it is free 100%. The accessible, beneficial guide to developing algorithmic trading solutions. Clicking on the tab toggles account information up and. 💰 TradeStation US stock fees. Overall rating: Best for: Active traders (day and swing traders) Cost: $12. This was executed over 22 trades with a net profit of $20600 and drawdown of $10500. Do NOT neglect these two numbers in your algo trading system development. TradingView using this comparison chart. S. Accessing Your Account. com provides trading algorithms based on a computerized system, which is also available for use on a personal computer. com. Algorithmic trading is the biggest technological revolution in the financial markets space that has gained enough traction from the last 1 decade. Interactive Brokers – The best algorithmic trading platform overall 2. 95/month for Pro (after a 30-day free trial) TradingView is my number one choice for one reason: It's the one I use. When you learn the basics in beginner courses, you can move on an algorithmic. There are several. TradeStation Crypto offers its online platform trading services, and TradeStation Securities offers futures options online platform trading services, through unaffiliated third-party platform applications and systems licensed to TradeStation Crypto and TradeStation Securities, respectively, which are permitted to be offered by those. Get a free trial of our algorithm for real-time signals. Create an Option Alpha account to start autotrading. The Ultimate Algorithmic Trading System Toolbox is the complete package savvy investors have been looking for. 08 to 0. figure () This script downloads the data, and then it calculates the macd values such as the signal and the histogram that defines the trend. Our Algorithmic Trading Strategies trade the S&P Emini (ES) futures utilizing a blend of day and swing trades. Enjoy commission-free* equities trading with our award-winning trading technology. Amibroker. 16. 4. Utilize mathematical models to trade options based on tangible data. Pair trading is a popular trading strategy that involves the simultaneous buying and selling of two correlated securities to take advantage of any temporary price imbalances between them. Coinrule - Best for crypto trading. The advanced API provides algorithmic bots with access to historical and real-time market data, enabling traders to develop and implement complex quantitative trading strategies. This algo trading software is a user-friendly and secure platform for sending automated trading instructions to your preferred exchanges. 2-Click Trading Analyst on Demand Auto Fibs Auto Trend Lines Backtesting Basket Trading Drawing Tools Pattern. Indicators to simplify the Buying or Shorting process. 50 and $0. TradeStation offers a wide range of trading tools and resources, such as charting packages, research reports, educational materials, market analysis tools, real-time data feeds, algorithmic trading strategies, and more. Now that you’ve connected to a broker’s API and set up your environment, it’s time to write your trading algorithm. 15. Learn how to program your trading strategies using the TradeStation tool today! Expert Systems Developer with TradeStation. TS Easy Language extremely robust and reliable automated strategy. Interactive Brokers takes the lead with its extensive research. The free download demonstrates how existing strategies. How much an algorithmic trader can make is neither certain nor limited to any amount. I have some ideas as far as algorithmic trading goes and would like to test them out. This is easily fixed. The problem with retail trading tools like TradeStation, Multicharts, or Amibroker, is that they are designed primarily for single-asset strategies. Algo Trading - Advantages &. 2. Best Algorithmic Trading Platform – Conclusion. Strategize on generating income by trading options on a professional options trading platform. Time-weighted average price strategy breaks up a large order and releases dynamically determined smaller chunks of the order to the market using evenly divided time slots between a start and end time. Charles Schwab clients can start trading on thinkorswim at 7:00 am. Your trading costs may be higher than this. Today we discuss the common misconceptions of retail traders regarding the algorithmic trading or more commonly termed ‘algo trading’. Once you decide to automate a strategy to generate strategy orders, you can take the next step and enable the automated execution of the strategy-generated orders through your TradeStation account. About: Zerodha is a free automated trading software India that offers a complete suite of tools to trade derivatives. In order to give you some tangible tips, these are our minimum recommendations for a computer that will be used for algorithmic trading. Tradestation is unable to perform analysis at the tick level for a period as long at the one used here (2000 to 2014). Zerodha Streak. Step 1 – Symbol and Timeframe Selection Select the futures symbol or symbols you will build automated trading strategies for. 1-example with python programming 3-example in tradestation code 4-Improving those examples 5-C omprehensive list of algorithmic trading simple strategies 6-C omprehensive list of complex algorithmic trading. Backtest, stress test and generate tradeable code from one algorithmic trading software. Kamatera is one of the best Forex VPS hosting platforms. In that way, TradeStation knows the start building bars at the beginning of the trading session, instead of using whole hours. 56 billion by 2030, exhibiting a CAGR of 7. TradeStation is. net. 07%, Wyden (Algo Trader AG) with 0. Download PDF. Second, please test all conditional orders in the PaperMoney simulated trading environment before trading with your live account. Which one do you guys think is the superior platform for algo trading futures? Sierra chart is much harder to code and develop algo for from what i have seen so far. Giuseppe Nuti et al. You can trade CFDs in this manner as TradeStation Global allows API (Application Programming Interface) access, through which you can connect an automated trading system directly to the broker's trading platform. Anyone using TradeStation for algos? I just started using TradeStation and it seems really powerful. TradeStation Real Trading Management Master Class. For example, if strategy #1 was long, that would be +1. EasyLanguage is everywhere and their "fill advantages" over IB/others that QuantSavvy speaks to needs some corroboration. 50. So posting it here, hoping for some inputs -. Specializing In Algorithmic Trading Design Architecture & Implementation. ) How to set up Amibroker and Interactive Brokers (IB) for live and automated trading. TradeStation Algorithmic Trading. Ricardo D. Yes! Algorithmic trading is profitable, provided that you get a couple of things right. Our TradeStation algorithm is now powered by cloud-native. Iceberg Order: An iceberg order is a large single order that has been divided into smaller lots, usually through the use of an automated program, for the purpose of hiding the actual order quantity. TradeStation or any TradeStation affiliate and the information made available on this website is not an offer orTradeStation EasyLanguage ®. We offer fully automated black-box trading systems that allows both retail and professional investors to take advantage of market inefficiencies. While most brokers prioritize offering a good client for. Kaufman's Trading Systems and Methods has been called "the most authoritative and comprehensive work" in the field. For more information, see. Extended Hours: TradeStation customers can start trading at 8:00 am, EST. It provides traders with. The Elite Trader utilizes a total of five different individual trading strategies: Day Trade Long (v2), Emerald Long and Emerald Short, Day. 1hr of on-demand video. Algorithmic. An integration of explanation and tutorial, this guide takes you from utter novice to out-the-door trading solution as you learn the tools and techniques of the trade. You will have testes Expert Advisors, and you will have an exact idea of automated trading. He currently trades futures, equities, and options and has published several books since 2010. As far as I know, QuantConnect is the only major algorithmic trading platform that supports options trading. Tradestation Code For All Candlestick Patterns. Activate Trading Automation. Cryptocurrencies trade 24/7, while the futures market is open 24/5. The Trader Training Course (TTC) prepares you to join the fast-paced, exciting world of electronic equity trading. 0%). Create hundreds of Algorithmic Trading Strategies with no code. com; 561-203-9143. An integration of explanation and tutorial, this guide takes you from utter novice to out-the-door trading solution as you learn the tools and techniques of the trade. You will find a new perspective in trading, and you will learn to eliminate emotions. In addition to providing traders with real-time advice and guidance, the integration of ChatGPT and TradeStation can also help traders make informed trades more quickly and efficiently. TradeStation Securities, Inc. Partnered with various data providers and brokers. Subscribe monthly with account minimums as low as $15,000. Combine, test and create millions of entry and exit signals with no coding necessary. g. Build Alpha also generates complete code for: TradeStation, MultiCharts, NinjaTrader, MetaTrader4, MetaTrader5, Python and more. Build Alpha – David Bergstrom. Each trade (which we will mean here to be a 'round-trip' of two signals) will have an associated profit or loss. Or use one of the existing stand-alone trading software like Amibroker, Tradestation, etc. TradeStation is best known for its impressive desktop platform. TradeStation crypto fees, withdrawal fee and more. 038 seconds, meaning you’ll never miss the perfect entry/exit. For receiving real-time data, showing charts, entering orders, and managing pending orders and market positions, it offers a. . If strategy #2 was also long, that would be +1 also. Join 25,000+ Subscribers. Automated trading, also known as algorithmic trading or trading robots, involves the use of computer programs to execute trades on behalf of the trader. Algo Trading - Advantages & Problems Algo trading Tradestation EasyLanguage Programming by an active trader. Most of my experience has led me to a series of repeatable processes to find, create, test and implement algorithmic trading ideas in a robust. The use of Python is credited to its highly functional libraries like TA-Lib, Zipline, Scipy, Pyplot, Matplotlib, NumPy, Pandas etc. Algo trading has been on the rise in the U. . Hi, I had posted by mistake earlier about TradeIdeas - I wanted to ask about TradeStation. Getting Started With Auto-Trading in 3 Easy Steps: Fill out this form and an algo specialist will be in touch with you shortly. Interactive Brokers - Best for experienced algo traders. However, the needs of a swing trader are quite different from those. . This is the only trading course for TradeStation that you will find on Udemy. TradeStation - beginner questions for automating trades Hi, I had posted by mistake earlier about TradeIdeas - I wanted to ask about TradeStation I realize there is a separate. Introduction to EasyLanguage. Users are provided a time-saving market-tested (back-tested in live trading) algorithm, clearly indicating buy and short signals based on a combination of 15 unique technical indicators. Margin Trading. Step 4: Find a CopyPortfolio or use CopyTrader. Develop your own trading system with practical guidance and expert advice In Building Algorithmic Trading Systems: A Traders Journey From Data Mining to Monte Carlo Simulation to Live Training, award-winning trader Kevin Davey shares his secrets for developing trading systems that generate triple-digit returns. Are you looking for Systematic Trading Strategies and Commodity Market Insights? Then you’ve come to the right place. 16. For example, if strategy #1 was long, that would be +1. Algo orders can be routed for listed NYSE, AMEX, NYSE Arca, Nasdaq, and IEX stocks. Algorithmic Trading with TradeStation. m. Click on "Login/Register" button to the top right of your screen. AlgoTrading101 is a potential source of reliable instruction and has. Stock options fees are $0. A tick by tick analysis would likely show very different results (better or worse). Through its advanced genetic algorithms, UltraAlgo. You can quickly include load balancers, private networks, firewalls, and more. 💰. Quant Savvy is not a registered CTAs (Commodity Trading Advisor) and can not provide advice unique to your situation. Our trading systems are algorithmic or rules based and are used to make trading decisions in the financial markets and generate long and short trading signals that can be traded automatically in the futures, ETF’s, and stock markets around the world. net. Algo orders can be routed for listed NYSE, AMEX, NYSE Arca, Nasdaq, and. Compare price, features, and reviews of the software side-by-side to make the best choice for your business. 16. Try It ★Academy; Blog;. Greater order size limits. A quantitative trading system consists of four major components: Strategy Identification - Finding a strategy, exploiting an edge and deciding on trading frequency. Thus, if we risked $500 on each trade, Trading System 1 would generate $125 dollars while Trading System #2 would generate. 766. However, the needs of a swing trader are quite different. Learn how to navigate the TradeStation OptionStation trading and analysis platform. The high-frequency trading strategy is a method of trading that uses powerful computer programs to conduct a large number of trades in fractions of a second. 210. Discretionary trading, on the other hand, is the trade execution based entirely on human judgment with technical or. This solution involves summing up position in multiple strategies, and then just trading to reach the net position. Trading Hours: 8 a. In the File menu, head over to View >> TradingApp Launcher >> Chart Analysis. TradeStation makes automating trading strategies very simple as TradeStation is a broker and has a really reliable platform which is a favorite among independent algorithmic traders. Introduction to Algorithmic Trading Systems. Backtrader is an open-source library used for backtesting, strategy visualization, and trading. 8. UPDATED January 2023: Market On Close (MOC) orders allow investors and traders to enter orders near the closing price of a trading day. From $500,000 to $2 million the rate is 5. Account information will securely populate via API and the tab’s name will change. Bearish Abandoned Baby Candlestick Pattern (Backtest) The Bearish In Neck Line Candlestick Pattern (Backtest). Therefore, to get a wide range of exits, I am going to examine some "simple" ones, some “intermediate” level exits and some "complicated" exits: Simple Exits 1. Tradestation’s trading platform can be used to analyze and trade stocks, options, futures, and forex markets. The Mean Reversion Strategy. Good customizability (for charts, workspace) Good variety of order types. [Not Required] To modify the Automation Logic, select "Properties for All". We have the tools you need to leverage options, plus hundreds of options specific education opportunities. Currently in place is a network of third party providers that offer a variety of EasyLanguage products and services. Trading futures involves substantial risk of loss and is not appropriate for all investors. nNew. We will discuss the concept of pair trading, its benefits, and how to implement it. Now all we need is a way for TradeStation, based on the run number, to change the pattern or pattern number. TradeStation weakness is its customer support and account opening. Algorithmic trading: This type of strategy uses computer algorithms to execute trades based on certain conditions or parameters automatically. $47. TradeStation offers to the active trader and some institutional trader markets are its two main selling points. Futures pricing is also relatively low, with contracts as low as $0. Access 27 tradestation freelancers and outsource your project. Algo-trading rules out the errors conducted in human trades that are affected by emotions and personal biases. Using this application it becomes easier for the investors to easily buy and sell their shares by just using shortcut keys and can access the advanced charts easily. Build Alpha also generates complete code for multiple trading brokers such as: TradeStation, MultiCharts, NinjaTrader, MetaTrader4, MetaTrader5, Python and more. Tradestation, Dorman Trading, Futures Online etc. Beginning Algorithmic Trading with TradeStation Learn Algorithmic Trading With Our Course TradeStation Beginners Course Here Is What You Get! Trading Strategies! Most traders struggle to find profitable and. It is composed of words, operators, and punctuation that create indicators and trading strategies, based on rules and statements, using market data. Sistem trading tersebut kemudian diimplementasikan ke. How Algorithmic Futures Trading works with Build Alpha. However, I am an experienced coder. That will. The accessible, beneficial guide to developing algorithmic trading solutions. Overall rating: ⭐️⭐️⭐️⭐️⭐️. We spend about 80% of the time backtesting trading strategies. It is: An execution engine that supports multiple brokers and asset classes out of the box, as well as essentially any trading strategy you can dream up. For example, if it’s set to 13, the strategy will look for the highest or lowest price in the last 13 bars to determine when a new high or low is made. TradeStation is a dedicated software platform integrated with Tradestation’s data for backtesting and auto-trading. Additionally, TradeStation provides an integrated mobile app so users can access their accounts on the go. Algorithmic trading uses algorithms to help answer these questions — and it’s an enormous industry. Algo trading is mostly about backtesting. 6. So while Amibroker has many advantages over Tradestation, algorithmic traders are likely to prefer Tradestation because of its more streamlined automation capabilities. A POV-ALGO order trades based on real time market volumes, with the Percent of Volume (POV) participation level set to 20% of volume to match the client's indicated Percent of Volume (POV) instruction. 100% Algorithmically Traded Portfolios. Algorithmic trading across Stocks, ETFs, Options and Forex. Tradestation Robot. 5 – 11. For more information, see About Automated Execution for Strategies. When comparing these two trading giants side by side it is clear that. Make sure your settings are “For bar building, use: > Session Hours” instead of “Natural Hours”. 2% during the forecast period. It is reliable and highly secured and has zero latency with ultra-fast speed. Choosing multiple symbols and Build Alpha will return the best trading systems that work. Dollar Stop Loss4. Mean reversion indicators. 3. The power of algorithmic trading with our leading brokerage partners - TradeStation. These systems are designed to analyze market data, identify profitable trading opportunities, and execute trades with precision and speed that is impossible for human traders to achieve. Davey continues to trade full time and develop algorithmic trading strateg ies . Backtest, stress test and generate tradeable code from one algorithmic trading software. The 5-8-13 ribbon will align, pointing higher or lower, during strong trends that keep prices glued to the 5- or 8-bar SMA. A VWAP-ALGO order attempts to match the Volume-Weighted Average Price (VWAP) in a security, calculated from the time of order placement to the end of the regular session. Dollar Profit Target5. If strategy #2 was also long, that would be +1 also. By combining technical analysis, risk management, and a well-defined trading plan, swing. What is Algorithmic Trading? Algo trading is simply a set of firm buy and sell rules that can be applied to a market. – Calculates and Draws Supply/Demand – Support/Resistance Levels. Relative strength indicators. Zorro is more than an automated trading platform. The backtest feature are great, and the computer language (easy language) is. And here are a couple courses that will help you get started with Python for Trading and that cover most of the topics that I’ve captured here: Algorithmic Trading with Python – a free 4-hour course from Nick McCullum on the freeCodeCam YouTube channel. The Money Management Algorithm Tool, also known as the Equity Curve. So, I created another paint bar indicator, included at the end of the article. 0. "I am a TradeStation client who has been coding in EasyLanguage for 20 years, and I think this book is very well done. Algorithmic trading for TradeStation. This automated trading strategy is ideal for a "set and forget" fully automatic approach. Algorithmic trading systems, also known as automated trading or black box trading systems, are computer programs that use mathematical models and statistical analysis to execute trades in financial markets. Our algorithm is designed to simplify the. If you're an active investor or trader, you know that having a successful strategy is key to making good money in the markets. TradeStation Algorithmic Trading. Here is a list of different software algorithmic traders can use: TradeStation. Step 1 – Enter quantity to trade. AlgorithmicTrading. EasyLanguage MasteryEasyLanguage related articles. Tradestation also offers a suite of tools and services for automated trading and algorithmic strategies. Our experts rated the trading platform of Interactive Brokers as somewhat better than the platform of TradeStation Global, found that clients have access to about the same number of markets and products with Interactive Brokers, while TradeStation Global provides somewhat lower-quality research and education. Such systems are often written in high-performance languages such as C++, C# and Java. Algorithmic trading, or algo trading, is when a computer is given a script or code called a trading strategy, that is executed for you.