How to create an Automated Trading System

Discussion in 'Automated Trading' started by Chris Paciello, Mar 22, 2015.

  1. What would be the best approach to creating an automated strategy with zero coding experience? Anything that can work with Lightspeed, NinjaTrader, etc?

    Any advice would be greatly appreciated!
     
  2. rmorse

    rmorse Sponsor

    It would be helpful to know if you want to automate a strategy in Equities, options, futures or options on futures?
     
  3. Equities.
     
  4. Forget it. Seriously, this is the best advice you will receive on this site given you have no programming experience. However, if you have excellent strategy ideas and expertise in micro market dynamics and/or have traded mid/long frequency discretionary strategies and know exactly what works and what does not then you can hire programmers to automate your strategies. Else, you stand zero chance, and I mean zero, not even 1%. Look at different approaches to trade the market if you neither have programming experience nor have made money for several years trading longer frequencies.

     
    SteveH and ogarbitrage like this.
  5. rmorse

    rmorse Sponsor

    I'm very familiar with platforms that enable automated strategies for options on equities or futures. For equities, I don't know of any out of the box systems that can help, unless you are looking for a pairs trader. If you would like to email me a simple example of what you are trying to accomplish, I can look through my notes and emails to see if I have spoken to anyone in the past that offers a platform or service at a reasonable price. Nothing comes to mind right now.

    Bob
     
  6. Do you think you can trust automated system. I want to get one but not sure if it worth it.Thanks
     
  7. What is your typical average holding period?

    If more than a week, no need to automate. I could run my system off a spreadsheet. But I'm too lazy to do the trading myself.

    If less than a week, are you convinced you make money after costs/slippage trading that quickly?
     
  8. Dhalsim

    Dhalsim

    epsimatic88 likes this.
  9. They're not really 'articles' are they, its an advert for a trading system. The account curve shown is for simulated, not real, results; although this isn't clear from reading the page. This in itself is a big red flag.
     
    TooEffingOld likes this.
  10. slacker

    slacker

    Take a look at quantopian.com they are a Python based development environment that allows you to develop, backtest and run a trading system. They execute trades via InteractiveBrokers. You could clone a 'good' trading system from many public systems and then learn how to program over a year or so.

    There are several Python programming classes on coursera.com. Quantopian also has several good tutorials on youtube.

    Good trading,
     
    #10     Mar 23, 2015
    TooEffingOld, eusdaiki and Risk619 like this.