OK so I have a trading idea that I have put into rules that I think I can automate. Ive taken a few months to develop the ideas and put them down on paper. I believe my next step is to find some software to test it on and put my rules into a language that the software understands. I have no idea about any of this. And obviously I am not great on computers so I am wondering the best software for me to use with a language I could learn. Thanks for any advice.
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Help me with my next step please
- Thread starter elomich
- Start date
Quote from elomich:
OK so I have a trading idea that I have put into rules that I think I can automate. Ive taken a few months to develop the ideas and put them down on paper. I believe my next step is to find some software to test it on and put my rules into a language that the software understands. I have no idea about any of this. And obviously I am not great on computers so I am wondering the best software for me to use with a language I could learn. Thanks for any advice.
you believe in alot of things ya.
Write your strategy here let's discuss. Arbs ? I hv a good system that can already automate most stuff, with alot of custom algorithms.
If you wanna learn, took me 10 years on programming on IT, to code this system within 6 months. Depends what you want ya thx.
Quote from elomich:
I am not going to write out my strategy here, sorry. I will only say that is involves identifying certain patterns and then trading them certain ways. It also involves using other patterns to give a directional bias then using signals I have developed to enter/exit trades.
Good luck with your holy grail !
i would start on amazon-
http://www.amazon.com/s/ref=nb_sb_n...n:283155,k:trading+system+trade+station&ajr=0
while ago i did read(rare event) this one
http://www.amazon.com/Professional-...7?s=books&ie=UTF8&qid=1322845366&sr=1-7-spell
results are shitty,but it will give you general idea of how to make the rules and implement them. they using tradestation,but the principles are same with any language or product.
or get some free or low cost application and play with it. read their help files etc.
http://www.wealth-lab.com/Products/...=NJC1bdKlC0mn8VioifaY8EqjuizfNZBjCqFEz7i+ZQg=
http://www.amibroker.com/
http://www.amazon.com/s/ref=nb_sb_n...n:283155,k:trading+system+trade+station&ajr=0
while ago i did read(rare event) this one
http://www.amazon.com/Professional-...7?s=books&ie=UTF8&qid=1322845366&sr=1-7-spell
results are shitty,but it will give you general idea of how to make the rules and implement them. they using tradestation,but the principles are same with any language or product.
or get some free or low cost application and play with it. read their help files etc.
http://www.wealth-lab.com/Products/...=NJC1bdKlC0mn8VioifaY8EqjuizfNZBjCqFEz7i+ZQg=
http://www.amibroker.com/
Quote from tradelink:
you may be interested to check out tradelink.
it is free, open source, works with 15+ brokers and has video tutorials.
google tradelink project for more info
+1, tradelink is awesome. Also free and very thin/light and can run on almost any machine.
For starters if you have the data you can setup a backtest situation on your local machine where processing power will not be a factor (other than a slow machine will take longer to backtest).
When you get into the programming you'll learn more about the horsepower of the machine you need to run the system.
I've found that it takes very little to run a decent ATS - a simple Linux Server environment with 3-4GB of RAM and a dual-core CPU at 3.0ghz is usually MORE than enough horsepower to run an ATS. (remember that's a dedicated machine not running Windows + the ATS)
Thanks for the replies everyone. I am going to look into what was said here and I will come back with updates and any questions.
And to the guy who said good luck with my holy grail...I assume that was sarcasm and you take me for someone who is naive enough to believe such a thing exists.
And to the guy who said good luck with my holy grail...I assume that was sarcasm and you take me for someone who is naive enough to believe such a thing exists.
tradelink has a lot of basic "templates" which will help you a lot.
when you get started just use the de bugger function and litterally change ONE THING AT A TIME.
Take someone's posted "pairs trade" or whatever and then change one thing and run it - compare differences...
You'll learn to understand the code much better and it'll come pretty quick - its not hard if you put in the time to learn the language.
when you get started just use the de bugger function and litterally change ONE THING AT A TIME.
Take someone's posted "pairs trade" or whatever and then change one thing and run it - compare differences...
You'll learn to understand the code much better and it'll come pretty quick - its not hard if you put in the time to learn the language.