What this lesson covers
Create SMA & RSI Indicators
Learn algorithmic trading by doing. Create SMA and RSI indicators with Aurora, define trading conditions, build a first buy strategy, run portfolio backtests, and learn how paper deployment works.
Explain how indicators, conditions, strategies, and portfolio backtests fit together
Learning outcome for this course.
Create a 10-day SMA and an RSI indicator through Aurora chat
Learning outcome for this course.
Define SMA-to-price and RSI threshold conditions for SPY
Learning outcome for this course.
Create a paper portfolio and a first AMZN buy strategy
Learning outcome for this course.
Run a buy-and-hold backtest and compare a strategy with a SPY benchmark
Learning outcome for this course.
Describe paper deployment and the checks to make before considering live trading
Learning outcome for this course.
Hands-on activities
Create a Moving Average (SMA) Indicator
Build a simple moving average indicator (~5 min)
Create an RSI Indicator
Build a Relative Strength Index momentum indicator (~5 min)
Module 2: Building Blocks - Indicators
What is a Trading Indicator? ↗What Are Technical Analysis Indicators? ↗Reading: Technical Indicators ↗Optional: Fidelity Technical Guide ↗Quiz: Technical Indicators ↗What Are Fundamental Indicators? ↗Reading: Financial Statements ↗Quiz: Fundamental Indicators ↗What Are Alternative Data Sources? ↗Quiz: Alternative Data Sources ↗