Free automated trading platform, for IB

Just so you know. I am a complete newbie to trading. I have dabbled here and there over time. mainly playing the safe stocks. I'll buy coke and hold for two to three years.

I'll then purchase Microsoft (risky in my mind as it is tech.) yea laugh if you will, I own a lot of Procter and Gamble, Kellogs (sp?) and some other blue bloods.

The theory that I found may not be a theory but a method to madness. My risk aversion could probably be averted if I had a software package that allowed me to dial back a day or two and play with different trading scenarios.

That would be doable with a bunch of research currently, but manning a full time job at ~70 hrs a week and then taking care of a family I just don't have the time. Your software would allow me to experiment then change styles and experiment a second time while the day progresses. Move a few days forward adn run the system again, adjust and do it again. After a couple of cycles I could have something that would allow me to trade with confidence. I would probably never be confident enough to do this system automatically but I certainly would love playing with the data in a manageable way.
 
I'm sorry if i have missed this while skimming through the whole thread, I'm at work and have very little time...


I am wondering where your software gets it's stock data? Is it from IB or can it load data from other sources?

Also can it be used for EOD trading, and can it be scheduled to download EOD data automatically and appying custom indicators and system on the data and send orders to IB. I.e. completely automated.

It's written in Java, that means it will run on any operating system, right? Could it even run on handheld PDAs with java? Picture yourself at the beach running you automated trading system on your PDA...

Oh I really should get back to work....:eek:
 
Will your automate tool allow individuals to only trade your strategy or will they be able to pas stock trades onto your system for entry using the Interactive Broker API?
 
Hello -
I haven't read thru this entire forum but would be interested if you feel your work could be extended to equities.

As an IB trader I would think it would be realativekly easy to add a front-end to select a symbol before setting up for the other planned functions.

Please reply via pvt mail if your interested but prefer not to unnecessarily clutter this Forum --> Thx & Regards -cowpok
 
elit,

Currently the package gets its data only from ib... everyday the system runs it records tick by tick data of whatever symbols you have specified. Then you can replay these ticks as if it was real time comming in, the system at that point can NOT tell the difference between the fact that its comming from stored data or from a live feed... which makes it ideal for testing strategies as you can get the feel that it is EXACTLY like that day was...

The current design is not structured for EOD trading, its more of a package to allow Intraday trading, that is what it is optimized for, but wil have some support for EOD strategies...

I will be adding support for other data that can be purchased from data vendors...

As for as running on other os's.. for the most part yes.. however PDA's do not always have the full java implementation, so it may or may not work
 
The playback feature should support multiple symbols being played back at the same time. I have not seen a charting package that can do this yet.

Why is this so important?

Because highly successful e-mini futures traders use market internals in addition to their price-action studies in their trade decision-making process. They need to be seen in playback if the practice is going to even come close to what goes on in real-time trading.
 
steveh,

you are ABSOLUTELY correct.. As I stated how you select what symbols it records data for everyday, any symbol that you recorded data for that day will be played back exactly as they came in....

So yes, you can play back multiple symbols in real time at the same time, and it will go exactly as they came in, representing exactly what you saw in real time originally....


EDIT: You can only do this with charts that are time based, volume, tick, and momentum charts you can do it.. but not as cleanly as not every symbol will have equal number of bars at the time, so its a little more work to do it..
 
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