Categories: Press Release

Mintquant announces latest Algorithmic trading strategy

Austin, USA, 30th October 2022, ZEXPRWIRE, Trading Bots is a software that makes trades on behalf of the trader. Trade bots work with various indicators and signals like moving averages and indices. The USP of a trade bot is that it simplifies the work of traders and helps the trader to make quick money with the minimum efforts.

The setup for trading bot is simple with user friendly interface designed as per the requirements of the customers

Why Should You Opt for Algorithmic Trading?

  • Automated trading procedure for optimum buying and selling
  • Algo trading reduces the cost of transaction in order to generate maximum profits for the trader
  • Eliminates emotions and induces logic in trading pattern
  • Instant order placement so that no key opportunities would be missed.

How it Works

In the battle of man versus technology, technology will have an edge owing to objectivity and zero scope for emotions. Strategy building is an important aspect for long-term successful trading. Algorithms account for variables specific to your chosen markets and provide optimum results.

Most of us are relying more on technology than ever before, and in this league, investors are no exception. Thanks to algorithmic trading, an increasing number of investors are benefiting from optimal market conditions to become stable and richer.

Trading Bots is a process for algorithmic trading used for stock market trade. Trading bots use sophisticated mathematical models and formulas to initiate high-speed, automated financial transactions—the goal of algorithmic trading is to trade on specific stock market strategies to generate high profits.

It creates original strategies by quickly completing all the required steps-

  • Quantitative Research
  • Trading Strategy
  • Back Testing of the Strategy
  • Finding gaps and optimizing

Along with significant benefits of algorithmic trading, there are also some risks to consider. AlphaBot eliminates those risks and advises for strategic profits.

How algo trading works?

An algorithm is a set of stated rules to formulate precise instructions. In algorithmic trading, we use trading bots to trade at fast speeds and at desirable volumes as per the prevailing market conditions.

For example:

A trader buys a stock with the help of algo trading when it goes low below the specific price ceiling. The algo trading even specifies the quantity of shares to buy or sell as per the market volatility.

Algo trading follows these three steps:

  • Data Feed
  • Strategy
  • Execution

Behind the scenes

 An Algo flow of information and decision making per different variables of types of asset classes (equity, forex, derivatives). This inflow of variables is driven by various real-time market data sources and market feeds.

 The predicted prices are taken into account with the variables of the prediction model and trading. LATENCY is a key factor – the delay in receiving and processing timely and accurate data points. Alphabot ensures the 0.2 seconds for price quotes to be received and assimilated into the algorithm.

 We have pre-sent build in of predictive models as well as customizable ones for traders and funds with high volumes.

Back testing is an inherent feature of the model on historical data.

Once the optimized trade signals are received, the software which is already integrated with your trading terminals should be able to place the trade ad execute within nanoseconds to receive ample benefits of the algorithm.

Various components of the trading ensure pre-trade analysis and variable components are chosen carefully.

Examples of algo trading platforms:

Mintquant is an algorithmic trading system with a library of trading algorithms, data visualization and market analysis components. The software runs on a centralized server at mintquant.com but clients can also run the system on their own machines and connect to the server for algorithmic trading.

Mintquant is A digital-native asset manager for a digital-driven world.

The essential components of Mintquant are:

Mintquant’s algorithms are available in the public domain.

The platform is used to build own trading system or even use it directly. Usually, financial firms hire traders who implement algorithms and optimize to a new level of performance. The software is free and will only charge commission on winning trades. Visit https://www.mintquant.com to learn more.

MGEX is the largest trading software in the world with more than 3,000 clients. As of December 2012, it was composed of products such as MT4i, MGX (a focused order routing system), and an Algo FX (FX) block trading platform.

The softwqare is used by more than 5,000 traders worldwide in more than 90 different countries and had recorded a weekly average of more than $3 billion in trade volume.

The core function of the system includes several analytical tools for option pricing.

Media Contacts

Patt skye
Support@mintquant.com
Mintquant

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