FAQ »

What data is needed for a trading robot to operate?

A trading robot requires access to various types of data to operate. This data ensures correct decision-making and algorithm execution accuracy.

Types of data:

1. Market data:
   • Current prices (quotes) and trading volumes.
   • Order books (market depth) for liquidity analysis.
2. Historical data:
   • Used for strategy testing (backtesting).
   • Includes prices, volumes, and market events from past periods.
3. Fundamental data:
   • Company financial reports, news, macroeconomic statistics.
   • Important for long-term strategies.
4. Event data:
   • Information about corporate events such as dividends, mergers, and acquisitions.

Where to get data?

• AlphaVantage: Historical data for various exchanges.
• Yahoo Finance: Free data for analyzing stocks and indices.
• Quandl: Fundamental and market data for analytics.
• Interactive Brokers: API for accessing real-time market data.

Tips:

• Verify data quality before use.
• For high-frequency trading, choose sources with minimal latency.
• Archive data for analysis and comparison of results.