Taking questions Now for Building a Baby Automated Trading system Event Tonight
I am taking questions for this event tonight at 7PM EDT. I got a bunch already. I cannot received them within a few hours of this time, I may not be able to answer your question!
Where to ask?
Email them or comment by asking them here on my Facebook Quantlabsnet page
Understanding your own coding is most predictable. I have many folks who lost thousands dues to bad programmers. This is what I have experienced among folks like yourself.
Here is what I will cover to build your ‘baby algo trading system’:
1. It depends on your asset class and broker of choice.
2. Sample way to download data with 3rd party solutions ranging from Excel to Java ion source source scanners.
3. How to use a Python package to do quick analysis using a popular technical analysis library
4. Analysis the results to assess trading order decisions
5. Which brokers with packages to execute orders
This will take place:
Note that this takes place TONIGHT!
You are invited to a Zoom webinar.
When: Sep 4, 2018 11:00 AM Eastern Time (US and Canada)
Topic: My WebinarWebinar event: Build a baby automated trading system with algos require streaming
Please click the link below to join the webinar:
https://zoom.us/j/309454798
Or iPhone one-tap :
US: +16465588656,,309454798# or +16699006833,,309454798#
Or Telephone:
Dial(for higher quality, dial a number based on your current location):
US: +1 646 558 8656 or +1 669 900 6833
Webinar ID: 309 454 798
International numbers available: https://zoom.us/u/xPHi0HZj
Algo forex Questions about Python Java Dukascopy I use with algo crypto trading
This is set of queries came in from someone on Facebook:
Dear Bryan. Thanks for the great job you do. My objective is to make MVP for crypto algorithm trading in Python with ccxt and Ta-Lib packages, and probably with Flask
In your youtube channel, I went through Ta-lib, ccxt videos. It was great. Could you please advise how to proceed.
I wanted to reach out to you to ask you for some advice & guidance. I am not a programmer, but I am trying to create a solution that will allow me to work with live tick data (Forex mainly) (to create live dashboards, currency strength, momentum etc) and historical data to conduct further analysis.
I was thinking to feed this data into a database (I saw in your video that you are doing something similar). I wanted to get your advice as to the method of getting live tick data (something that does not cost a fortune would be ideal 🙂 ) ..
I spoke to a freelancer who said that Jfoex api is only a java library and it would not allow me to work with live tick data.
I’ve also had a look at a few tools to connect to dukascopy to export historical tick data, its just the ‘live tick-data’ part that I am unsure about.
Any advice would be much appreciated.
My answer was:
If you just want market data use IQFeed forex option for $30/month. Do understand as part of their terms of service, you cannot redistribute this outside of your own use. If you need it for trading, always use the broker’s data to keep in synch. Also, you will need a live Dukascopy account for the live tick data but again only for your purposes. Hope this helps
Please note that my time is highly limited. I am definitely scaling back on this Q&A as I can only respond to people behind my paywall.
Queries from various sources with references below:
Hi Bryan Would you talk a little about automated arbitrage trading? What tools eg Dokascopy can setup rules for triangular arbitrage? And what if any tools exist for crypto currency arbitrage? Also, related to arbitrage, can you talk a bit about the mechanics of inter-exchange arbitrage trades? Do these tools move money between accounts to trade on different exchanges? Or are you limited to the trading pairs offered by a single broker? Thanks in advance!
I am hitting a “reservation for python” link..
http://quantlabs.net/courses
Oh no, there are other links to. https://quantlabs.store/collections/videos/products/interative-brokers-4-5-hour-workshop-bootcamp
Happy new year! I just RSVP’d for tomorrow’s meetup. Just to let you know I went over the JForex tutorials from DukasCopy, and also couple of your Intro from the playlist, as well the manual. We can probably chat tomorrow more in person but here is my feedback:
All these tutorials delve straight into the technical part of the platform without a proper Intro or overview. I am not able to see the flow or get the full picture from start to end.
Like do I need to decide on a currency pair first before connecting with JForex or would the strategy I build will determine the best currency pair to select?
I am new to Forex trading and have been going through other Intro tutorials on youtube. Right now I don’t know how to start or know which strategy to use or build. All these tutorials seem to assume that users are knowledgeable in Forex trading, is that right?
I wouldn’t mind buying your Visual JForex tutorials if it helps newbies like me totally new to Forex trading and strategies. Or do you recommend any other Forex tutorials I should go through before using DukasCopy?
Complete newb to terminal – can you provide clearer instructions for installing? When I paste; git clone git://github.com/askmike/gekko.gitinto a new Terminal window it says “requires the command line developer tools”. Do I need to install something else before installing Gekko? I already installed nodejs as directed on the github page
Well the big difference between ccxt and the others is tha ccxt is not a bot by itself. And also Blackbird is a special bot for doing arbitrage on different markets (that’s why it does not support so many exchanges). But I agree in how great ccxt is.
REPLY
1
IB is a great exchange. Their API is pretty straight forward. I was thinking about FX and crypto. FX has small % changes that are highly leveraged, which means more randomness and less profit, with the potential for devastating losses. Crypto is a bullish sector where you could have literally bought anything and made triple digit returns in the last 6 months. And with no leverage, so losses are restricted to each trade and at worst you might have a 66% loss of one trade, but the upside is a multiple of the loss potential in most cases. This skews the probability distribution in a way that makes profit less risky. You can ask your quant PhD about that, but pretty sure that is the case. I feel like my trades have room to fly, and less likely to crash and take out my account along with them. Leveraged trades drag down your account if they go south. My trades are all 1:1 so they don’t affect my account outside of the trade itself, and is very unlikely to go to 0. The gains can be 100% in a day, which would be similar to a 100:1 leverage in FX, but without the downside of losing more than the trade if it goes against you. And again, worst case would be 50 or 60% loss maybe of just that one trade amount. Of course you can adjust to your risk appetite. Just sayin, buddy, this is a hot sector. For now. I am sure the US Gov deep state and banksters will find a way to rob the people eventually.
Bryan Downing
Bryan Downing
4 days ago
that is correct about ccxd not being a bot but is a framework
REPLY—
Is this S & P Trading futures or Day Trading/Swing Trading? Like to be
part of it?
I have pulled all blog posts and videos related to my ongoing forex strategy. So far so good on testing. I am also currently testing the exit strategy part which I will report back in a few days once complete.
Note: All of this content is made available until this Sunday. It will permanently disappear after that. which is only available through my Quant Elite members. I have extend the promoted deal until tonite which means it will go back to its normal price!
From time to time,I get questions about my potential training and coarse series is I am currently doing. As you know, I like to make videos to condense everything into a visual that seems to be easier for people to consume. For the set of questions I get, I even typed up my answers as well.
As I make even more videos, you will notice that I’ve been focusing a lot on this Phase 2 of my Futures and Options trading algorithms. You can see a subset on my YouTube channel but I’m not promoting them on my blog. The reason is that these are exclusive for my Quant Elite members to learn from. The simple examples are very effective and lay down the foundation to understand how to listen to the markets for forecasting.
I’m still questioning on the performance complexities of machine learning and quantitative analysis at this point. Even if I’m wrong, the course material that I’m presenting will still be very very useful in understanding the foundations of how the market flows on a daily basis. It’s just too bad some miss out on the opportunities to learn these critical elements to help optimize their trading performance.
Thanks for reading
Bryan
P.S. As you know, I blog a lot. So why miss out on all of it? Join my FREE Daily Digest to receive everything I do. I keep all info private as well.
NOTE I now post myTRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!
