Algorithmic Trading for Stocks
In the video we review stock ticker $PLTR / NYSE (Palantir Technologies) with the algorithmic trading application from UltraAlgo. Reviewing the 45 minute chart, the cript delivered a 6.98 profit factor with a profitability of 91.67%. This was executed over 12 trades with a net profit of $3050 and drawdown of $510.
The most important for a day trader is to follow a strategy consistently. In our videos series, we cover various day trading strategies, focus on improving your overall performance. Our algorithm is designed to simplify the processing of identifying patterns, allowing traders to identify opportunities to buy and short various securities.
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[VIDEO] Reviewing the 15 minute chart, the script delivered a 7.94 profit factor with a profitability of 85.71%. This was executed over 7 trades with a net profit of $1320 and drawdown of $190.