We’ve spent the time creating a trading algorithm and giving you the results directly. We’re going to be using this script to look at Bitcoin and see what type of insights and analysis we can generate as a result. Normally this type of information is exclusively reserved for elite trading firms, hedge funds and quantitative trading institutions. Today we’ve made that information public and will continue to do so. We’re here to bridge the gap between the information professional investors have and everyday investors.
We also provide fundamental analysis for interesting companies like Square and Blackberry. We even look at commodities such as corn and provide educational articles all in an effort to elevate the investing capabilities of the everyday investor.
The trend strategy we’ve created gives us an indication of the right time to buy and sell Bitcoin. Simply put the algorithm produces 2 outputs. “Buy” and “Sell” pretty simple. It generates these outputs based on 2 factors. The average price over the last few days and the volume weighted price. When certain conditions are met the algorithm generates either a “Buy” or “Sell” signal. That’s it. This strategy will be continually worked on a progress shared but for now simple is a great way to introduce you to the world of algorithmic trading. I will show you some very exciting updates moving forward.
However you should always be careful when trading it’s important to first learn how to trade. Also this algorithm does not guarantee profits in the future doing your own research is an important step in the process.
We’ve also broken down the strategy by looking at it’s past performance. Although past performance not necessarily indicate future performance. That’s why it is so important to learn from others and their strategies such as Etoro’s copy trader platform.
We will be providing more technical analysis like this in the future so stay tuned and watch this space!!
At Info2Cash we believe that the gap between the information a professional investor has and the information an everyday investor has is so wide that the professional investor has an unfair advantage. We have the mission of bridging that gap and providing accessible and easily available information to everyone.