Beginner wants to run some open-loop simulations

Discussion in 'Strategy Development' started by flat5, May 16, 2005.

  1. flat5

    flat5

    By open-loop simulations I mean set up a fully automated strategy with real-time input and paper trade on it for awhile.

    I am a trading novice (complete), but am a programming and numerical analysis professional. Designing trading systems looks like a fun diversion when I'm not playing poker. :)

    What I want to do in the first cut is simply:

    1) Access real-time quotes from C++. It looks like interactive brokers has a C++ API. Are there more that offer this kind of service? I prefer to write my own software rather than use some kind of canned packge. IB makes a big deal of requiring you to be an experienced trader in their application. If I admit I am a novice, will they deny my account? If I lie, will they try to verify by calling me up and realizing I don't know a damn thing?

    Eventually I'd like to close the loop and trade a system, but that's awhile down the road. For now, I just want to tinker with system for awhile to get a feel for the process.

    I've already got a backtesting setup going smoothly, so the next step is a dry run on incoming data.

    Any help appreciated.
     
  2. As a first pass, you can use the free demo account with IB to exercise your API code for development and testing purposes. It's a poor simulation of the real market and useless for evaluating a trading system, but quite useful for unit testing and 'getting a feel' for how it works.
     
  3. Mamadu

    Mamadu

    You can use our free public beta

    www.smartquant.com/quantdeveloper.php

    This thing does exactly what you are after and works with IB and other providers out of the box.

    Your feedback will be much appreciated :)

    Cheers,
    Anton
     
  4. MBT also offers a C++ API (http://sdk.mbtrading.com/).

    You may also want to consider the (free) trademagic framework which gives you the ability to code to a generic API that supports multiple brokers/data providers (including IB) : http://www.trademagic.net/web/
     

  5. start over from scratch....
     
  6. flat5

    flat5

    Start what over from scratch and why?