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fullblotter

Registered: Feb 2006
Posts: 181

08-01-12 05:37 PM

Hello,
I'm illiterate when it comes to getting an algo up and running. How does one do this if they cannot program themselves? Also, what software would I use for this?

If I hire a programmer how can I ensure that the programmer will not steal the strategy, assuming I have one?

Thank you for all information.

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NetTecture

Registered: Mar 2009
Posts: 1010

08-01-12 07:28 PM

Quote from fullblotter:

Hello,
I'm illiterate when it comes to getting an algo up and running. How does one do this if they cannot program themselves? Also, what software would I use for this?

If I hire a programmer how can I ensure that the programmer will not steal the strategy, assuming I have one?

Thank you for all information.

Come on, brain usage for a human is not optional.

Let me give you something that is similar.

Hello, how does on go on for building a racing car when one knows nothing about engines and engineering? What tools would I use?

;) Everyone would laugh. Same with algos.

How you go on when you do not know programming? You take a LOT of money and PAY programmers. And no, they won't wok for 50.000 USD a year gross - not good ones.

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Mr_You

Registered: Dec 2010
Posts: 265

08-01-12 10:27 PM

Quote from fullblotter:

How does one do this if they cannot program themselves? Also, what software would I use for this?

Look into a Strategy Wizard such as that offered by NinjaTrader. Its a very simplistic (point and click) way of creating an algorithmic/automated system. It also provides example code from which you can use as a starting point.

Anything beyond the above requires more experience.

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fullblotter

Registered: Feb 2006
Posts: 181

08-01-12 10:54 PM

Quote from Mr_You:

Look into a Strategy Wizard such as that offered by NinjaTrader. Its a very simplistic (point and click) way of creating an algorithmic/automated system. It also provides example code from which you can use as a starting point.

Anything beyond the above requires more experience.

that's helpful. thank you.

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Baron
ET Founder

Registered: Apr 1999
Posts: 2435

08-01-12 11:15 PM

http://www.elitetrader.com/vb/showt...threadid=245946

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Runningbear

Registered: May 2002
Posts: 1689

08-02-12 01:14 AM

I was the same as you once. This is what I did. I jumped on amazon and did a search for beginners guides to programming. I identified a series of highly recommended books. From memory "An idiots guide to programming' was actually one of them.

I also downloaded a IDE that was recommended for beginners and started practicing 'Hello world' and 'clock making' exercises. These are like the simplest programs you can create.

For trading, I used to have a copy of Metastock EOD and I just started downloading script examples then modifying the parameters to see what worked and what didn't. Eventually I moved to esignal and started modifying esignal scripts - there are hundreds of great scripts available online.

I also had programmers create scripts for me that were beyond my skill level. I am able to make simple changes to these.

I'm still a terrible programmer, but at least I have been able to create scripts that reflect my trading ideas and that's good enough for me.

It's a long road that requires a big commitment to learn, particularly if your not an analytical person. Good luck.

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