Summary
In this chapter, we studied the basic characteristics of the futures and forex markets, highlighting the main differences compared to the stock market, and learned how to handle such financial assets through TradeStation. We then proposed some algorithms suitable for both analysis and algorithmic trading and backtested them, using EasyLanguage-automated strategies. Remember, as we discussed in Chapter 1, that algorithmic trading and automated trading are not the same, as trading algorithms can be programmed with varying levels of automation. This will be the subject of the next chapter, which focuses on trading plans.
