How Automation Works

Firedrake addresses common infrastructure and execution challenges faced by algorithmic traders.

Infrastructure & Reliability

24/7 Operation: Eliminate the need to keep a local computer running. Your strategies execute on high-reliability AWS infrastructure.
Low Latency: Servers are strategically located near Bybit and Binance exchanges to minimize network latency, achieving execution speeds difficult to match from a local machine.

Live Market Data: Asset prices are retrieved in real-time, with indicators recalculated instantly for immediate decision-making.
Global Monitoring: Strategies can monitor the entire market simultaneously, without being restricted to a specific asset list.
Instant Execution: Trade entries, including complex order sets (Take Profit, Stop Loss, grids), are placed instantaneously.
Automated Cleanup: Unfilled or residual orders are automatically cancelled when a trade closes.

Multi-Asset Trading: Trade an unlimited number of assets simultaneously with multiple bots and strategies.
Market-Wide Strategies: Configure bots to scan the entire market or specific lists (Good to Trade/Never to Trade), removing rigid asset dependencies.
Portfolio Building: Automate regular asset purchases based on oversold zones or schedules.
Unified Statistics: View aggregated performance statistics across multiple accounts without keeping funds on hot wallets.
Notifications: Comprehensive Telegram integration for real-time monitoring and control.

Asset Comparison: Search and compare assets using the terminal's unified data table.
Cross-Exchange Pricing: Compare asset prices across different exchanges.
Historical Analysis: deeply analyze asset behavior using integrated TradingView charts.