Any experienced traders looking to automate?

[MrTraderBot]

That's a good thought and the 'change up' concept I think would be important to creating value in various market conditions. As long as the data you fit all belonged to a similar market condition you could classify your strategies based on the larger market condition and search for which of your strategies fit best for now. Pretty cool foundation for automating ideas too and determining when each of your strategies would turn themselves on or off.

IMO:

Many confuse 'overfitting' with 'curvefitting.'

Curvefitting might be viable, if the 'fitting' lasts long enough, and;
the strategy can quickly recognize when the fit no longer exists, and can flow (in your case) to another instrument that does fit (or stop trading until the fit resumes).

Other systems will 'change up' the strategy into one (from its arsenal) that does fit, when the prior one stops 'fitting.'

 

[userque]

That's a good thought and the 'change up' concept I think would be important to creating value in various market conditions. As long as the data you fit all belonged to a similar market condition you could classify your strategies based on the larger market condition and search for which of your strategies fit best for now. Pretty cool foundation for automating ideas too and determining when each of your strategies would turn themselves on or off.

Looks like I've said too much.

 

[ChipShotTrader]

I would not see their ideas run, the database is locally on the users computer. I would be helping code and implement the ideas so yes I think there will be a general understanding of what the user is doing. But in terms of copying, that's what I mean by protecting their Intellectual Property. A contract would prohibit me from using others IP. My IP is built into that technology as well so there's also risk on both sides.

Also, an extremely experienced trader would have many strategies interested in automating and know valuable ways to adjust to new markets in the future. It would be in my best interest to be continually compensated for the automated value I provide to that trader allowing them to put more focus on optimizing ideas or growing new ideas, rather than me stealing the first few and ending the relationship.

And my thought as to why a consistently profitable trader would work with someone to automate ideas is that they can turn their 1-2 hr a day low volume long term success into 50-100x more volume, expand sizing, expand product depth, explore new markets, and attack other edges that weren't possible with their allowable time.

Nice try, but I pass. Hard to automate 20+ years of screen experience (which oftentimes cannot even be verbally articulated). Good Luck...

 

[MrTraderBot]

Yes I think a great point. That is certainly a large barrier to overcome for successful automation. Thanks for all your thoughts.

Nice try, but I pass. Hard to automate 20+ years of screen experience (which oftentimes cannot even be verbally articulated). Good Luck...

 

[guowei58]

Hello all,

I'm looking for experienced traders that have interest in automating their strategies. I currently run an automated platform for myself and am finalizing my strategy for index futures markets. As I approach the end my next action would be to start creating more non-correlated strategies, however with my currently level of market knowledge I think time would be better spent working with successful traders to automate their strategies vs trying to expand on my own.

Here are some specs of my system:
- IB API
- Python
- MongoDB
- Input symbols to grab data & input which strategies are on
- data aggregation
- strategy search
- trade execution
- trade monitoring/adjusting/exits
- historical aggregation for backtesting

Let me know if you have any questions. PM me if you're interested in discussing some type of partnership.

Thanks

"good" strategies are dime a dozen. everybody has his/her own way of doing things. if you have the infrastructure, just test your ideas and find the ones that fit your trading goals/personality. It will end up being a better path than working with another individual in the hope of learning some secret sauce. there aren't any secret sauce and most strategies are pretty simple concepts with good risk management overlays.