Australian (ASX) Stock Market Forum

Automating trades

ROE

Joined
5 January 2007
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Anyone here into automate trades and what platform you use?
I'm not talking about bankers algorithm bots, I am after a specific automate task.

say I know a certain stock really well and I want to buy and sell purely based on price automate
all the way.

say I want to buy ABC for X price then after I acquire ABC for X price I want to let go at Y price
rise and repeat, I dont need to monitor I can let it run until I want to stop it.

I been doing it manually with great success, now I want to automate because I reckon with automation
I can instead of make 5 profitable trades I can do 10-20 in the same time frame.

I ask here just in case someone may already done it else I start digging
 
Re: automate trade

Anyone here into automate trades and what platform you use?
I'm not talking about bankers algorithm bots, I am after a specific automate task.

say I know a certain stock really well and I want to buy and sell purely based on price automate
all the way.

say I want to buy ABC for X price then after I acquire ABC for X price I want to let go at Y price
rise and repeat, I dont need to monitor I can let it run until I want to stop it.

I been doing it manually with great success, now I want to automate because I reckon with automation
I can instead of make 5 profitable trades I can do 10-20 in the same time frame.

I ask here just in case someone may already done it else I start digging

Yeah, that seems reasonable to me, you might need a bit of tolerance but that should be code-able.

I would suggest something like Amibroker for ASX Stocks, with Interactive Brokers, otherwise for US stocks, Amibroker or Tradestation.

A good coder will cost you 50 - 100 USD per hour.
 
Re: automate trade

Yeah, that seems reasonable to me, you might need a bit of tolerance but that should be code-able.

I would suggest something like Amibroker for ASX Stocks, with Interactive Brokers, otherwise for US stocks, Amibroker or Tradestation.

A good coder will cost you 50 - 100 USD per hour.

Thanks I will look at Amibroker, how do Amibroker access your account infor and place trades?
I don't care about charts or other facilities....I just want something that let me place automate trades... I know my subject well so all I want is execute based on price like given the example above
 
Re: automate trade

Thanks I will look at Amibroker, how do Amibroker access your account infor and place trades?

Once you have your system coded, Amibroker will access your broker through it's API ( Application Programming Interface ) and automatically carry out the instructions in the algorithm to place the trades. With Amibroker though, you will need to use Interactive Brokers.
 
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