[need help] Stock filter or screener algo development

[themickey]

After exploring much i decided to go with amibroker. Kindly have a notification on for my this thread. I may need help.
I am exploring afl now. I will take trades manually but i want to filter large database of scrips (around 1000+).
can it scan 1000+ scrips for my coded conditions simultaneously? I may want to backtest also. Can it backtest last 10 years of EOD data of multiple scrips?

Yes, as long as you have the 10 years of data.
Talk to Richard at Norgate, an ET sponsor on this site.
He specializes in Amibroker data supply.

 

[punktrader]

If you are using EOD data then you can do whatever you want. It is just a small amount of data in the grand scheme of things. Even if you have 10 years of data for 5000 stocks it is basically nothing for a modern computer, database and programming language.

The best scripting language will be the one you know best.

I think the real work will be in managing and analyzing the results. You would have 500,000 results if you just do this on the S&P 500. The top .1% will show great results no matter what is going on in the markets but most will either be backfit to the past or random. I don't know what criteria you could measure to find good setups vs noise.

 

[Kust]

Why not learn some python or hire somebody?

 

[baljit.kaler]

Why not learn some python or hire somebody?

Hiring isn’t an option. But I decided to learn python by myself. Thank you for recommending

 

[InvBox]

The only thing with Amibroker is that you need to get 3rd party data.

The devil is in the details, and in this case, the most expensive part is probably the data subscription. You'll need a lot of it, especially if you're filtering the entire market!