In this chapter, we learned about algorithmic trading and its key benefits. We also learned how big data is influencing the financial market and what are its offering in making it more robust. Then we learned about some of the strategies, such as trend following or the moving-average strategy, arbitrage opportunities, the mean-reversion strategy, the volume-weighted average price, the time-weighted average price, and the percentage of volume strategy, that we can apply to create our own algorithm and strategy to automate trade.
We then jumped into the practical stuff to create our own trade bot, which will be using the mean average strategy to perform trade in the actual market with any third-person involvement. We started by first signing up for a demo trader account. We then downloaded and set up the trading station environment to start writing the code. Then we went...
