Crypto and Forex Trading - Algorithm Trading Strategies

By Murry Naga

Do you want to learn how to make money trading the markets using a simple, yet highly effective algorithmic trading strategies?

Includes Highly Profitable algorithmic Trading Strategies You Can Use For Crypto, Forex and Stocks!

In this book you will learn how to make consistently profitable trades regardless of what's going on in the market. By following our step-by-step guide, you'll learn how to create your own algorithmic trading strategy and set up an automated bot to execute trades 24/7 while you sleep or do whatever else is important to you!

This Guide Includes

How to create and run your own automated trading strategy without coding or spending money

Highly profitable scalping and day trading strategies for trading bitcoin and other cryptos

Secret indicators on TradingView which can greatly increase your profits that no one knows about

Risk management strategies the pros use to always stay profitable.

• Language: English
• Publisher: Murry Naga
• Release date: Jan 6, 2022
• ISBN: 9798201153014

Murry Naga

MurryNaga writes on different genres. He's a full-time trader and a financial counsellor. He has a history of trading experience and has made a living by using his understanding of the financial system. He decided to start compiling his trading knowledge into a series of books in order to educate others using his techniques and assist them to achieve a degree of financial freedom where they can enjoy their lives without relying in their job. MurryNaga's books cover all the aspects of Forex Trading and Crypto trading, and he has even more knowledge to share with readers in the future. If you have been dreaming of achieving true financial freedom, then MurryNaga is here to help you turn those dreams into reality! His books are written in a clear and concise manner, making them easy to understand and apply.

Book preview

Introduction

The cryptocurrency market is very dynamic with high volatility. As such algorithmic trading has become an important tool in the hands of traders to efficiently control their risks and resources while benefiting from opportunities which can be exploited using algorithms. The most common goal for algorithmic trading strategies is to generate profits by implementing effective and robust trading algorithm.

The term algorithmic trading is also used to describe the algorithmic trading software that is based on a set of rules or instructions for transactions performed automatically, without the necessity of human interference and control. With the development of easy to use trading bot programs, algorithmic trading has become the most profitable way to trade the markets.

This is mainly due to the fact that algorithmic trading systems are designed with parameters, which makes them follow pre-programmed rules to maximize profit and minimize human error. These algorithms can utilize different variables related to market conditions and act on them instantly without human emotions interfering.

In this book, we'll go through some of the most successful algorithmic trading systems that have been used to trade crypto.

In this book we will cover:

How to create and run your own automated trading strategy without coding or spending money

Highly profitable scalping and day trading strategies for trading bitcoin and other cryptos

Secret indicators on TradingView which can greatly increase your profits that no one knows about

Risk management strategies the pros use to always stay profitable

By using these automated trading strategies, you can make trades based on market conditions rather than gut feeling or emotions. In addition, because these systems run 24/7, you need not worry about being glued to a screen all day long.

Simply setup the trades and allow them to make you money while you sleep.

Chapter 1: An Introduction To Algorithmic Trading

In the world of finance, algorithmic trading is a process of using a trading strategy based on pre-determined parameters.

Algorithmic trading, also known as automated trading, or simply algo trading, is a process by which securities are traded using automated computer programs that follows a pre-determined set of instructions (or algorithms) to buy or sell at certain prices and times.

While there is no one single definition of algorithmic trading, it generally refers to the use of computers to place orders based on pre-determined criteria, rather than human judgment. The goal of any trading strategy is to tell apart the bad signals from the good ones in