Algo Ranger

Algorithmic trading has limitations. Since strategies are coded to identify a pattern and execute positions based on this pattern when the market dynamics change, the pattern becomes less effective.

The market dynamics were consistent for over 2 months which allowed the algo to profit on a daily basis. However, once the market dynamics changed, the algo doesn't adapt to the latest market conditions and losses are a result.

In order to have consistent profits with automated trading, there has to be several filters and trading algos that which on/off based on the filters. This takes time and consistent optimization. In conclusion, we're back to development for the time being. Best luch fellow Bit-copiers!
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