A tutorial on how to do algorithmic trading of cryptocurrency
You will need:
- Enigma Catalyst
- Knowledge of Python
- Understanding of data analysis
- Ability to create trading algorithms
If you can get this right your trade bot can make money by automatic trading. This bot can do it's own technical analysis and profit for you. Of course this also has implications for Steem and Steemit as bots are also on Steem. Expect these Steemit bots to get smarter if people choose to refine and test the algorithms are the algorithms are the secret sauce of profit bots.
Python is very simple. A programmer coming from C or C++ can learn Python over a weekend. Writing bots is one of the most simple tasks in Python. Algorithmic trading code is usually very simple scripts but the quality of the algorithms are what make the difference and an algorithm is only as good as it's data sources and it's strategies.
References
Suhonen, A., Lennkh, M., & Perez, F. (2017). Quantifying Backtest Overfitting in Alternative Beta Strategies. The Journal of Portfolio Management, 43(2), 90-104.