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Understanding the Sniper Algorithm Implementation in Algorithmic Trading

· 8 min read
Vadim Nicolai
Senior Software Engineer at Vitrifi

Introduction

In the realm of algorithmic trading, execution algorithms play a pivotal role in optimizing trade orders to minimize market impact and slippage. One such algorithm is the Sniper Algorithm, which is designed to execute trades discreetly and efficiently by capitalizing on favorable market conditions.

This article aims to review and understand the implementation of the Sniper Algorithm as provided in the VeighNa trading platform's open-source repository. By dissecting the code and explaining its components, we hope to provide clarity on how the algorithm functions and how it can be utilized in practical trading scenarios.