Creating Algo for MORE Intraday Trades

Discussion in 'Automated Trading' started by Trader Nomad, Nov 1, 2016.

  1. This tool is simply a wrapper around IB's API functions...it is nowhere near a real trading platform. There's no built-in circular buffer, no optimization, no trade statistics....all of that must be built from the ground up.
     
    #61     Nov 5, 2016
  2. Simples

    Simples

    Personally, I'd rather build my circular buffers myself. It's just an array and a pointer/index anyways. No need to import external dependencies for such simple things, and often they don't solve exactly what you need.
     
    #62     Nov 5, 2016
    dartmus likes this.
  3. Great thread. I have built a complete infrastructure in Python, mainly using the machine learning capabilities of scikit-learn. The EOD data is easy, but what would y'all recommend for a Python API to intraday data? Tradier looks interesting.

    Regards,

    PTR
     
    #63     Nov 5, 2016
  4. You are headed down a tunnel where there is no cheese. Your journey may provide hours and hours of amusement, frustration, and hope, but it's a dead end as far as profit is concerned. Enjoy!
     
    #64     Nov 5, 2016
  5. d08

    d08

    There's no profit in intraday trading? in automated trading? what are you trying to say?
     
    #65     Nov 5, 2016
  6. I kind of wish he'd elaborate on that statement. I'm assuming he's implying that we're all fooled by randomness.
     
    #66     Nov 5, 2016
  7. Not if he is able to emulate these guys....https://en.wikipedia.org/wiki/Renaissance_Technologies

    "From 2001 through 2013, the fund’s worst year was a 21 percent gain, after subtracting fees. Medallion reaped a 98.2 percent gain in 2008, the year the Standard & Poor’s 500 Index lost 38.5 percent."

    — Rubin and Collins. June 16, 2015. Bloomberg
     
    #67     Nov 5, 2016
  8. gkishot

    gkishot

    You are mistaken, the guy is a full time trader to begin with.
     
    #68     Nov 5, 2016
  9. The logic/algo is only as good as it's engineer. The problem with most misinformed system developers is they attempt to design a vehicle without knowing the terrain it will travel on.
     
    #69     Nov 5, 2016
    Simples and dartmus like this.
  10. #70     Nov 6, 2016