Trading Platform Gives Anyone Ability to Algo Trade Without Coding in Equities & Crypto Markets
Streak, the strategy development and algorithmic trading provider for retail investors, announced the availability of its Streak application in the United States. The company, which already counts 300,000 retail investors as clients and has handled over half a billion dollars in trading turnover, will now provide American users unmatched access to a wide range of advanced trading capabilities for multiple asset classes, allowing them to find new trading inspiration, build strategies, and rapidly capture new opportunities as they arise.
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Streak is breaking the barriers for algo trading, which normally require traders and investors to learn code or pay for expensive, slow and clunky legacy software. With Streak’s simple and beautifully-designed platform, users now have the ability to take their trading ideas and strategies and convert them into algorithms without having to write a single line of code. Within an intuitive interface, users can not only back test these algorithms to check their viability but also deploy them to perform paper trades or fully automated algo trades.
Most traders trade with gut feeling, based on tips, as they are limited by current platforms and are often blind-sided by market moves against them that create unanticipated losses. On Streak, users can now quickly check the historical performance of their ideas and trades by running easy and super-fast backtests – a key functionality missing in almost all trading platforms and solutions. With algo creation, backtesting and live algo trading, Streak is a complete well-rounded platform for new generation traders on the go.
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Using pre-published algorithms, the application enables novice traders to get started by exploring good ideas and algos but also to deploy more sophisticated trading techniques like mean reversion, momentum indicators, volume weighted average price (VWAP), and price action, among others, in seconds. The platform’s strategy engine refreshes and customizes trade ideas and opportunities on a daily basis, according to a user’s individual trading preferences and time horizon. And the system operates automatically, allowing users to go about their daily business rather than being stuck in front of their computer for the entire trading day.
