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Pseudo Code for Automated Trading Systems


 

code When it comes to writing computer programs or in this case automated trading systems translating English into programming code can be fraught with danger. Pseudo Code on the other hand refers to a more structured English for describing a process or program. It is important that you learn to write quality pseudo code as it will make a big difference when you come to coding your system your self or hiring a programmer.

There are many benefits in writing your algorithms or trading logic in pseudo code these include:

  • You will gain a detailed understanding of the program or algorithm you are developing.
  • Errors in logic picked up early.
  • Not constrained by a single programming language.

Below is a brief example of pseudo code:

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In trading one learns that risk and reward are opposite sides of the same coin. In this world, you only get paid for providing a service. Selectively carrying risk is a service that can pay very, very well. — Jeffrey Silverman