Also there is a product called SAP Predictive Analytics. As far as I know it comes below $1000 and you can feed into it any amount of data. So you can take the price series and all the additional information calculated in excel then load the data to this tool. If it works than you know what to program but if no models work, perhaps you save yourself a few months.
I was going to say the same thing, is there an echo somewhere here ? some people always seem to come too late to the game
programming language should be the least of your worry, pretty much all modern language will do the job you need to focus on the entire system design, which is far more complex to accomplish
I started to document my experience of developing algorithms for 'stock market prediction' or more specifically for generating strategies that successfully exploit price volatility. I started with ensembles of voting neural networks which I have written about in my blog: https://theartificiallyintelligenti...5/12/13/algorithms-ai-and-volatility-trading/ Subsequently I have started to develop ensemble genetic programming approach but haven't got round to writing about that yet. (Unlike the neural network approach where I need to decide which technical indicators to use (as inputs into the neural net), genetic programming decides for itself which indicators are most relevant by evolving different buy/sell decision trees). For either approach having a voting ensemble - and having some mechanism for adapting the constituents of the ensemble - seems to be key to getting anywhere... at least for what I'm doing. I do this for interest (though always open to offers to do it for a living!) as my PhD was in AI area and I'm probably a bit of a geek. Like all the best areas for applying AI, its a simple problem to state (i.e. make money) but quite difficult to create something that's successful... and lots of different AI algorithms can be applied to the problem. Obviously if you get something working well, you don't need to sell anything to anyone, just let your software run. Not quite there yet though!
Myself, with some help from two friends, built this site from scratch except for the charting package and an open source library for calculating trading relating functions. http://fasterbull.com/ It can do some cool stuff and I use it for my own trading. Not really trying to make it commercially viable right now. All that being said, it took A LOT of time. Whatever you decide to do, take your time estimate for completion and quadruple it. If you are cool with that level of commitment, go for it. Good luck! fan27
Why are you reivnenting the wheel? I just want to know the decision behind that. There are tons of web based backtesters, stand-along programs and so on.