Anyone have their own bot?

[Smack]

thanks for response.

At $5k outlay - no thanks.

Smack

 

[CanOz]

thanks for response.

At $5k outlay - no thanks.

Smack

It wouldn't be that difficult to design an algorithm to trade stocks intraday. Amibroker, ninjatrader and multicharts all support interactive brokers API. You either learn the language yourself, or hire a coder. You either learn or pay.

It's a long process of development though. Testing can take weeks or months.

Another option is to lease a system.

CanOz

 

[tech/a]

Radge discusses 5 in his latest book.
" Unholy Grails "
All are disclosed including one of mine.

For about $1 k a year you can join Radges "
"The Chartist"
Here he trades 3 systems live and each trade is
Discussed entry exit stop and trailing stop.
They have all been going for years and everything
Is disclosed,many simply trade his live trades.

In my view the best value for money around
Even if you don't trade them you can see how a pro
Manages portfolios,drawdowns and trade management.

As a bonus he is actually licensed !

 

[nulla nulla]

Radge discusses 5 in his latest book.
" Unholy Grails "
All are disclosed including one of mine.

tech/a

I'm working my way through his book. Which chapter does yours get a mention?

regards

nulla

 

[Gringotts Bank]

tech/a

I'm working my way through his book. Which chapter does yours get a mention?

regards

nulla

System is called Techtrader. His name is John, from S.A.

 

[tech/a]

Page 103 to 109 I think

 

[skc]

I wasn't really after a bot, but a simple way to trade automatically.

I didn't want to use AB with IB, because it looked far too tricky to set up, and even then the AB guys reckon you should be watching the screen just incase it makes an error. Sort of defeats the purpose.

I think it may be possible using a Excel macro with a WebIress feed. After about a week of searching and emailing, there was one guy in Melbourne who offered to help and was confident he could do what I wanted, but his initial charge was $5k. Somewhere along the line I lost interest but can't remember the reason. I think the system I wanted to use may have fallen apart once slippage was included. It was an intraday system.

If you want the guy's email I can probably dig it up.

While WebIress can provide you with data feed you can't return orders back to WebIress AFAIK.

IG market has a free excel plug-in for its L2 Dealer. It has the ability to receive price information and send orders back. You might be able to ask for a trial but they only offer L2 to larger accounts.

 

[Gringotts Bank]

While WebIress can provide you with data feed you can't return orders back to WebIress AFAIK.

IG market has a free excel plug-in for its L2 Dealer. It has the ability to receive price information and send orders back. You might be able to ask for a trial but they only offer L2 to larger accounts.

That's true. The idea was that this guy was going to write an excel macro which performed calculations, scanned and picked out entry criteria, then sent them to my online broker as a form-fill style of macro.

Larger account = how much? Also can you explain L2 please?

Thanks.

 

[Punta]

anyone have answers for this question?

smack

I highly recommend looking into IB's java API if you're seriously interested in setting up a bot. It's pretty straight forward, and the functionality is all there.

You can pull real time data from them as well. Their tick data has problems, but the bar data is fine.

 

[skc]

Larger account = how much?

http://www.l2dealer.com/

Larger account = how much?

Dunno. But prob more to do with volume than account size. $2m a month should most likely qualify but could be less. Just call them if you are serious.

 

[Smack]

thanks people.


much to read.........

Smack