Capstone Trading Systems – Algorithmic Trading System

Algorithmic Trading Systems: Advanced Gap Strategies for the Futures Markets by David Bean – A Deep Dive

Unveiling Wall Street Secrets and Implementing Powerful Gap Trading Strategies

This book, “Algorithmic Trading Systems: Advanced Gap Strategies for the Futures Markets,” by David Bean, aims to demystify Wall Street trading practices and equip traders with actionable algorithmic strategies. It focuses on gap trading techniques, provides open-source code, and challenges conventional trading wisdom.

✅ Core Focus: Empowering Traders with Algorithmic Strategies

• Goal: To provide traders with a strategic edge in the futures markets.
• Content: Back-tested algorithmic trading systems applicable across multiple futures markets.
• Languages: Open-source code provided in C# NinjaScript and Tradestation EasyLanguage.
• Educational Resources: Over 40 instructional videos.
• Key Themes:
  • Challenging Wall Street trading “lies”.
  • Implementing practical trading system principles.
  • Developing advanced gap trading strategies.
• Value Proposition: This book aims to bridge the knowledge gap between retail traders and Wall Street insiders.
• Authenticity Note: Algorithmic trading is very common in the futures market, and having working code, is a very valuable resource.

✅ Advanced Gap Trading Strategies: Exploiting Market Inefficiencies

• Gap Trading Focus: The book delves into advanced strategies for trading gaps, particularly after they are “filled.”
• Market Coverage: Strategies are applicable to various futures markets, including E-mini S&P, Crude Oil, Euro Currency, and DAX.
• Advanced Techniques: Includes multiple exit strategies and trend filtering.
• Coding Logic: Provides detailed explanations of the coding logic behind the algorithms.
• Real-World Application: Emphasizes practical application of strategies through examples and code.

✅ Challenging Wall Street Trading “Lies” and Implementing Sound Principles

• Critical Analysis: The book critiques common trading “pearls” that may be biased towards brokers.
• Trading System Principles: Introduces alternative principles for more effective trading.
• Example Critiques:
  • “You can’t go broke taking profits” (challenged).
  • “Don’t let a winning trade turn into a losing trade” (challenged).
• Value Proposition: Encourages traders to think critically and adopt unbiased trading practices.

✅ Hands-On Learning and Practical Implementation

• Continuation of Previous Work: This book builds upon the author’s previous publication, “Seven Trading Systems for the S&P Futures.”
• Practical Learning: Emphasizes hands-on learning through code examples and instructional videos.
• Gap Trading in 24-Hour Markets: Discusses specific strategies for trading gaps in markets that operate around the clock.
• New Pattern Discovery: Introduces a novel pattern for trading gaps after they are filled.
• Comprehensive Resources: The inclusion of open code and instructional videos facilitates practical implementation.
• Researched Information: All of the topics covered in this book, are very relevant to the futures trading market.