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Programming a price action trading BOT


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Programming a price action trading BOT

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  #1 (permalink)
 AndrasNagy 
WOODLAND, CA Yolo
 
Experience: Intermediate
Platform: TWS, StreetSmartEdge
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Trading: Options, Mutual Funds, ES
 
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This is not going to be easy, but I have all the time in the world and if I do not do this, I just piss my money away scalping for ticks. My problem in trading is emotional more than picking the right trades. I quit trades too quickly, then second guess myself, I suppose these problems can occur with a well "trained" bot, as one can override trades but that is also a situation that can be programmed with stops. The gambler mentality is to do something, constant biofeedback, akin to endorphins by getting an IM on the iPhone. I am 64 and I used to be a mainframe Assembler/ Unix C programmer for nearly 20-years. I am taking an Udemy class on python and IB API's, a little dated course for $49. The instructor is Indian and he has done a lot of these courses for Oanda API etc. I have downloaded Anaconda as well. Looking at the language is not the hard part. Programming price action will be the challenge. I will distill the best buy sell setups not using anything but prior highs and lows with determination is we are in a up/down channel, breakout or trading range. Moving average is the only indicator I care to look at. Two types of orders will be used; stop for breakout and limit for trading range.

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 sam028 
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AndrasNagy View Post
This is not going to be easy, but I have all the time in the world and if I do not do this, I just piss my money away scalping for ticks. My problem in trading is emotional more than picking the right trades. I quit trades too quickly, then second guess myself, I suppose these problems can occur with a well "trained" bot, as one can override trades but that is also a situation that can be programmed with stops. The gambler mentality is to do something, constant biofeedback, akin to endorphins by getting an IM on the iPhone. I am 64 and I used to be a mainframe Assembler/ Unix C programmer for nearly 20-years. I am taking an Udemy class on python and IB API's, a little dated course for $49. The instructor is Indian and he has done a lot of these courses for Oanda API etc. I have downloaded Anaconda as well. Looking at the language is not the hard part. Programming price action will be the challenge. I will distill the best buy sell setups not using anything but prior highs and lows with determination is we are in a up/down channel, breakout or trading range. Moving average is the only indicator I care to look at. Two types of orders will be used; stop for breakout and limit for trading range.

If you're good in assembly/C don't go to Python/IB API, use a trading software like NinjaTrader or MultiCharts .Net which can use C# code. The painful job is already done by them and you only have to focus on the trading logic.
Compare to Z390 assembler this will be a piece of cake...

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  #3 (permalink)
 AndrasNagy 
WOODLAND, CA Yolo
 
Experience: Intermediate
Platform: TWS, StreetSmartEdge
Broker: Interactive Brokers, Schwab
Trading: Options, Mutual Funds, ES
 
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I hate windows (after 20-years of suffering it) and if I can avoid using windows I will at all cost. I am a Mac user. Ninja has no Mac support and the platform is garbage, maybe the API is good that does not help me on a Mac.

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userque
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AndrasNagy View Post
I hate windows (after 20-years of suffering it) and if I can avoid using windows I will at all cost. I am a Mac user. Ninja has no Mac support and the platform is garbage, maybe the API is good that does not help me on a Mac.

Consider creating a Windows Partition or ...
MotiveWave (Strategies code in java, not C#, and is compatible with Mac)

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