Introduction

Welcome to the Building Your First Algo series. This series is designed to teach you the basics of ADL by demonstrating the construction of a basic Scalper algo.

Over the course of this series you will create a Scalper algo designed to:

1. Submit an order to enter into a position.
2. Capture the fill price and fill quantity of your entry orders to calculate your average open price.
3. Submit an exit order a number of ticks above your average open price.

This series will also teach you how to use ADL and TT to test your algo logic in a simulated market.

The Building the entry logic section will demonstrate how to create the entry order and will cover:

• The different areas of the ADL interface.
• Adding blocks and setting their properties.
• Connecting block ports using edges.

The Testing the entry logic section will cover testing the algo logic so far. You will:

• Use the titlebar’s Algo Controls to test and reset the algo.
• View the running algo simulation in both ADL and TT.
• Test the algos with different user inputs.

The Capturing fills data section will show how to access information about your fills. This section will cover:

• The difference between continuous and discrete messages.
• ADL’s formula editor.
• Using math blocks to perform calculations.

The Creating the exit order section will define the exit order. You will:

• Use Jump blocks to more clearly see the algo.
• Test the completed algo in ADL and TT.