|A trading system is a framework handling the low-level logic that serves to structure the processes and methods used to implement and deploy trading strategies.|
In practical terms, a trading system is a hierarchical arrangement organizing the actionable aspects of your investment plan. The hierarchy contains definitions regarding any number of trading strategies, all sharing the same market, the same base asset, and the same initial capital.
You use a trading system to define strategies following the Superalgos Protocol, splitting strategies into four stages: trigger, open, manage, and close.
The concept of describing strategies in phases is fundamental to the methodical aspect of the trading system, as it provides a framework to run every strategy with the same logic, which contributes to developing scalable trading systems that may grow to any number of strategies.
When a trading system features more than one strategy, the first strategy has precedence over the second, the second over the third and so on. This means that strategies are evaluated in a sequence. When a given strategy is triggered-on, the remaining strategies in the queue are no longer evaluated until the strategy triggers off. In other words, when multiple strategies are deployed within a single trading system, only one strategy may trade at any given moment, and precedence is given by the order around the trading system node.
Adding a Trading System Node
To add a trading system, select Add Trading System on the workspace node menu.