The digital currency quantitative trading platform uses computer programs to automate trading strategies to help traders capture market opportunities. By utilizing these platforms, traders can circumvent emotional decision-making and efficiently execute preset trading rules. This article introduces different types of quantitative trading platforms, including cloud platforms and locally deployed software, and evaluates their advantages and disadvantages. Newbies are advised to choose an easy-to-use cloud platform, while experienced traders can consider a more powerful on-premises platform.
Digital currency quantitative trading platform: start the journey of automated trading
The digital currency market fluctuates violently, 24/7 Hugh, manual trading is difficult to capture all opportunities and may be affected by emotions to make irrational decisions. Quantitative trading came into being, which uses computer programs to execute preset trading strategies and conduct transactions automatically. This article will introduce some digital currency quantitative trading platforms and discuss their advantages and disadvantages.
Important reminder: Quantitative trading is not a guaranteed profit, and you still need to operate with caution and control risks. This article does not constitute any investment advice.
Types of digital currency quantitative trading platforms:
Cloud platform: Provides online strategy writing, backtesting, simulated trading and real trading, etc. Function, no need to download software, convenient and easy to use.
Local deployment software: It needs to be downloaded and installed on the local computer. It has more powerful functions, but requires a certain technical foundation.
Some commonly used digital currency quantitative trading platforms:
1. FMZ Quantification (Inventor Quantification):
Type: Cloud platform & local deployment
Advantages: It supports multiple exchange APIs, has flexible strategy writing language, active community, and provides rich learning resources.
Disadvantages: Some features require payment.
2. BotVS:
Type: Cloud platform
Advantages: Supports multiple exchange APIs and provides a visual strategy editor to facilitate the entry of novices .
Disadvantages: Some features require payment.
3. TradeOgre:
Type: Cloud platform
Advantages: The interface is simple and easy to use, suitable for novices, and provides some simple strategy templates.
Disadvantages: The function is relatively simple and the degree of strategy customization is limited.
4. Gunbot:
Type: Local deployment
Advantages: Powerful, highly customizable, suitable for experienced traders.
Disadvantages: Requires a certain technical foundation to configure and use.
5. Hummingbot:
Type: Local deployment
Advantages: Open source and free, supports multiple trading strategies, and can be connected to multiple exchanges .
Disadvantages: Requires a certain technical foundation to configure and use.
Suggestions for choosing a quantitative trading platform:
Newbies: It is recommended to choose a cloud platform such as TradeOgre or BotVS, which is easy to get started and can experience quantitative trading first. basic process.
Traders with programming experience: You can consider more powerful platforms such as FMZ Quant, Gunbot or Hummingbot, and you can customize strategies according to your needs.
Risk of quantitative trading:
Strategy risk: Even after backtesting, the strategy may not work in real trading Poor performance.
System risks: For example, exchange API interface failure, network interruption, etc.
Security risks: Security issues such as API Key leakage may lead to loss of funds.
Before starting quantitative trading, please be sure to fully understand the relevant knowledge and risks, and conduct sufficient testing and simulated trading. Do not use all funds for quantitative trading and control risks reasonably. Hope this article can provide you with some reference.
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