I want to start developing an automated system. What are my initial options? While I am involved in technology, I would prefer not have to code to do this. Can a system be created based on candle patterns or similar graphical events? If not, can I interperet the price action into a system, example, bar close is 10% lower than previous bar etc. Next would be scaling and stops and back testing live and historical. From there what platforms and brokers do I need? Any additional costs to test automation? I am planning for Eminis, YM NQ possibly SP and more.
Here is one possible progression for a C# programmer: 1) Ninjatrader demo - Free for daily patterns 2) Ninjatrader w/ a data source for intraday and execution 3) SmartQuant/OpenQuant so that you can incorporate scientific/statistical libraries Hopefully, the real subject matter experts chime in for you. But thing can get confusing if you really don't have programming domain knowledge.
I can locate patterns pretty well, my mind seems geared for it. But having to learn C# just to program a pattern seems a bit much.
You develop your strategy. Find a programmer that has done this before, that will work for a small % of profits or, just pay someone a flat fee to do the development. Every day that passes that you are not trading a profitable strategy has a cost associated with it. Sometimes we should just stick to what we do best an pay a professional to do what they do best. 1245
I can program for free. I also offer life time free support and upgrades. But my requirement is seeing profits up front. Demo profits are no use to me.
if its pf > 2, sharpe of 2 and avg trade of at least 10 ticks ill do it for free. oh yeah and must be flat eod
I can also throw in a 24/7 free server to host the auto trader. My deal is definitely better than the above guy. If he tries anything funny, I can add more stuff to the deal.
I'm not looking for me. I'm looking to understand the process.I might have use for clients in the future. I was speaking more in general terms what a typical deal is. You can PM me if you don't want to broadcast an example from the past.