Introduction to AlgoCloud strategy editor
Editor is the heart of AlgoCloud - it allows you to visually create, backtest and refine your algo trading strategies without any programming involved.
It was created specifically to allow non-programmers and even beginners to easily transform your ideas into a real, executable trading algorithm.
We strive to make it as intuitive and understandable as possible, but if you have no experience with algo or rules based trading you shoult familiarize with a concept of trading strategy.
How does algo trading strategy look like?
Trading strategy is simply a set of trading rules - when to enter, when to exit, possibly when to move your protection stop etc. AlgoCloud allows you to define these rules in a simple way, you only have to construct it from the predefined blocks - conditions, values, comparisons, actions.
So your trading strategy definition could look like:
When AAPL price today has risen more than 2% from its yesterday price, buy it.
it can also use indicators like:
When Simple Moving Average (SMA) with period 5 of AAPL crosses above SMA with period 20, buy the stock.
AlgoCloud allows you to define these rules like these in a simple way, you only have to construct them from the predefined blocks - conditions, values, comparisons, actions.
Types of strategies supported by AlgoCloud
AlgoCloud currently supports two different types of strategies:
Stockpicker strategy
This is a strategy that runs on a group of stocks, typically on index like S&P 500, or Russel 3000.
This means that this strategy trades on all 500
resp. 3000 stocks in a given group, picking a selected number of stocks to trade based on strategy rules.
Stockpicker strategy is a speciality of AlgoCloud, it is a type of strategy that until now was difficult to backtest and to trade.
Single-asset cloud strategy
Single-asset cloud strategy trades on one stock symbol.
It can have additional subcharts attached - for example you can trade AAPL and look at MSFT and GOOG subcharts.
This is exactly a kind of strategy from our example earlier:
When AAPL price today has risen more than 2% from its yesterday price, buy it.
It is a standard type of strategy that is supported by most common retail trading platforms such as MetaTrader, Tradestation, MultiCharts and so on.
AlgoCloud provides a way to export your AC strategy code to the code of your favorite supported trading platform where you can trade it.
Note
AlgoCloud aims to be the first cloud trading platform that allows creating, backtesting and trading STOCKPICKER type of strategies without any complicated setups and maintenance.
Editor video course
You can have a look at your video course - Introduction to strategy editor