A trader's dream: Sitting with a cold beer on the beach while his computer breeds money with automated trading. Can this actually work? Can algorithmic strategies even outperform human traders? This textbook covers the "algorithmic" part of algorithmic trading - not with 'technical indicators', but with solid math and statistics. The author has developed more than 900 such systems for institutes and private traders, and written about his experiences on the blog "The Financial Hacker". In his book you'll learn the tricks and traps, which methods work and which don't, and how to develop a trading system from the first idea until going live. Many example systems are presented with new trading methods, such as spectral analysis, statistical filters, and pattern detection. You're introduced in proper testing with Walk Forward, Montecarlo, and Reality Check methods. All examples come with code ready to run. No matter if you are a beginner or ...
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