At the end of the post I will explain a little more clearer my vision and what we will be doing. The two routes are partnership or hiring full time for a month or two. Looking to get some automation done to assist in manual trading. There's two routes I am looking to go as mentioned. First route is I'd prefer to partner with an active trader who has reasonable coding skills and willing to work closely together daily on voice to trade and build out this tool. Also someone who hasn't already reached the end or is even struggling trading and wants to try another approach. This way they are highly motivated to get things done. Of course someone is welcomed to discuss this with me on voice, than if want to move forward live trade with me on voice, than at that point make a decision if they think it's worth risking their time or not on the project. If that's too difficult to find or no one is interested, than second route is to hire a coder full time for a month or two(it's possible all this could be done even sooner, just not sure if Ninja or TS is the route to go or which one would work best, that could be a bottleneck) and the value exchange would obviously just be money for coding. Fairly certain I just need a decent coder. Don't need or want some quant level math guy, or some elite level coder. That isn't going to do anything for me or the project as I already have most of the tools built(outside of the information delivery part) and the concepts, just need to find a solution to have the information fed to me. So maybe some decent skilled coder is currently out of work or doing other things and could use a temporary gig. That would be ideal for both of us. Anyone have any interest in assisting me with this, experience in hiring a coder full time? or any advice at all would be greatly appreciated. General idea and vision: Using automation to feed multi-time frame analysis to a central location or chart, that will be simply identified with one word, number or color. To allow the manual trader to have more time to focus on entry, risk and general position management. So, it's nothing new just a hybrid approach to use strength of automation(parsing data efficiently and quickly) and the strength of manual trading(context and dynamic understanding). This would allow a trader to drop down to a smaller range chart and look for a lower risk entry, without missing any data or getting information over load. Was able to do a small beta test on and it did help some from the little bit of data I was receiving. If this even helps assist in taking 7-10 more high quality trades per week, increases win rate by 2-5% or increase profit factor by 0.2-0.5. If it does either of those things it will be worth it. If it does two or all three than it goes with out saying it could be a huge upgrade to my trading. Thanks
multicharts is the way to go and it's not perfect but it's the best here is a day bar on the left and a intraday chart with bands, i mix different data sources all the time with tremendous results.
So, if I got this thing right, you want your signal to be automated, but still want to trade manually? Is that it? I'm not saying this is a bad idea (I did the same 14 years ago as a step-by-step approach!), but why not going full automated? On you second option, how much are you willing to pay for your developer?
can you explain your signal in short a bulllet point list? if so, I bet multiple people here could program it in no time
It's not just a signal, there's additional information for confluence and to lesson the load on the manual trader. When using a strong context read, even some of the simplest things can provide an extra trade, more points on a trade or etc. I will have one for a "signal" too yes. But the entire point of doing this is to assist an experience manual trader, not just for a signal to blindly buy and sell. Full automation does not compete with an experience manual trader, particularly at retail level. Sure you can point to maybe an exception, that's fine but exceptions don't make the rule. It's a multi layered filtering system when not to trade. Also a signal when to potentially trade, as well as provide some general confluences for an experienced trader. It's all three things together. So it could help all types of trading, not strictly related to my signal or my setup.
Yes, but as explained the point isn't just a signal. I think the signal could be strong, but the more important thing is the filtering out when not to trade, as well as the additional confluences being fed to a manual trader allowing them to focus more on position management.
I can probably raise more money from outside sources if needed, but frankly my current budget would be like $2-$3k. I understand this isn't a lot in the trading world, but like I said don't even want to work with some quant level math guy, nor do I need some elite coder. Also, am not overly excited about sharing everything NDA or not. From what I am seeing this is going to be really strong, when you factor in the general filtering, trade signals and also additional confluence.
Yes am aware of multi charts, but my indicators are on Ninja and TS and a few of them I don't have for the other platform. So, that would be option. Multi has eld. too but still have to make some adjustments to the code I believe regardless?
I went down the co-operation path and wasted nearly a year on that pursuit, so I'd recommend against it. I'm sure it can work if you find the right guy and one that shares your vision (mine did), but you need to make sure you find that. And that could be difficult. I've had success with smaller jobs posted on UpWork. The best deals you get is if there's someone new without any work done that's willing to work cheap on his first job to get his first job or two done. Usually, you get what you pay for, though. A good coder generally isn't cheap.