Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

choubix

Getting Started with Automated Trading, Some Questions

Recommended Posts

Hello,

 

I am interested in automated trading. I've been trading equities and fx for a little while with reasonable results and I believe it is now time to put some science into my "educated guesses"

 

I wanted to seek some advice from experimented traders having (or being in the process of) automated their trading.

 

1. data:

 

where to get between 5 to 10 years of historical intraday data on the cheap? (heard that it is possible to download data from IB using multicharts over time. great option if possible but a bit slow)

 

2. software:

I am keen on multicharts (easylanguage, can be pluged intoIB... I've just downlaoded their "lite" version that is for FX)

 

however:

 

how does it fare in terms of backtesting abilities?

is it possible to input the cost of brokerage and cost of leverage (easily) in a model ?

how difficult would it be to apply optimal f to strategies?

does it allow Zscore/ Pearson correlation coefficient and MAE/MFE analysis?

 

Where to find ready made strategies to see how they are built? (that would allow me to get started somewhere...)

 

Are there any better alternative to IB+multicharts? (not really keen on MT4, I have read countless posts on brokers backing MT for all the wrong reasons...)

 

 

Thank you for reading my post, looking forward to reading your answers!

 

+++

A.

Share this post


Link to post
Share on other sites

Hey Choubix, I know thinkorswim's Prodigio platform is pretty robust when it comes to setting up your automated strategy, that would be one to check out. There's also another firm out of Chicago called Tickit, they have a pretty solid platform as well.

Share this post


Link to post
Share on other sites

Here's a Market Data Feeds table from MultiCharts. IQFeed seems the best.

 

NinjaTrader and MultiCharts can't do want I need. I'm looking into NeoTicker right now and it looks like it might work for me. If not then I'll be using R (R+RStudio+IBrokers+iqfeed) or a combination of tools.

Share this post


Link to post
Share on other sites

For Forex I am trading through Zulutrade's platform. Many Signal Providers send worthy trades.

The thing is to find them out, cause not always the first in their ranking... are those who make the profits.

Share this post


Link to post
Share on other sites
For Forex I am trading through Zulutrade's platform. Many Signal Providers send worthy trades.

The thing is to find them out, cause not always the first in their ranking... are those who make the profits.

 

Hello jean, are you still on zulutrade? Who are you followign these days? Any good trader to follow? ;)

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • ...hallucinates.... Student: “What if we gave the monkey LSD?” Guru: “The monkey already did LSD”
    • Question: To those that had/have cancer, what were the signs that made you think “something is not right here” to make you go see a doctor? Answer: So, 5/25/2018, I woke up, got ready for work, and as I walked to my car, I started gagging. Like something was stuck in my throat and I needed to clear it. And then it went away.   But 10 minutes after that, I was T-boned at 40mph on the driver side door. But what made me see a doctor was while my muscles felt better and bruises were going away, the gagging still continued, I started having fevers, my neck felt swollen, I was having such a hard time breathing, and I'd have random sharp pains in my chest, but not from where the seat belt saved me.   2 weeks after the accident, I finally see an urgent care doctor, who looks me over, tells me I'm fine, but luckily requests a neck X-ray. And I ask for a chest X-ray, which he rolls his eyes but let me have (most of my pain was in the neck, so I understand).   The very next day, he calls and says “So, that chest X-ray shows there's a 4 inch mass on your heart and lungs, and your lungs have been filling up with fluid, as well as in your pericardial (heart) wall. We need you to come in tomorrow.”   Turns out the big mass, due to the accident, caused my heart and lungs to tear and fill with fluid, the swollen neck and gagging was caused by 2 metastasized tumors, and the fevers and weight loss were symptoms. Stage 4b Hodgkin's Lymphoma.   But thankfully, we went very aggressive with chemo (and had a lot of bad side effects that don't normally happen to patients), and now I'm about 16 months cancer-free. Yay lucky X-rays! Rachel Jurina, Quora Source: https://www.quora.com/To-those-that-had-have-cancer-what-were-the-signs-that-made-you-think-something-is-not-right-here-to-make-you-go-see-a-doctor   Profits from free accurate cryptos signals: https://www.predictmag.com/  
    • As a man, the reality of life is the harshest part. I don’t mind looking older or becoming weaker over time; it’s nature.   Have you ever heard that the only people who will be loved unconditionally are women and children? Men will only be loved as long as they can provide until they are no longer needed. It doesn’t matter if you already did your best to get your kids to the best school or get the best things for them, if you stop before they’re done with it, there will be no thank you. The only thing they will remember is that they have to quit school at 15, ignoring all the previous 15 years of life you provided for them. The only people who will accept you, no matter what, are your parents. But in this situation, you might be that ungrateful child.   EDIT: Wow, I didn’t think this would get so much attention.   For those who disagree, I can only say that everyone has their problem. If you don’t get the chance to face such a thing, be grateful. Remember, sometimes what you throw in the garbage is something that someone wishes ever to have.” – ElZee, Quora   Profits from free accurate cryptos signals: https://www.predictmag.com/    
    • The good thing i had noticed so far is that the traderpot value is also on the rise..
    • yup its a gradual rollout the right way in my opinion, its really good and its exciting for the sto in 2027
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.