Automated Trading

CaiGengYang

Newbie
3 0
Hi guys,

So after reading about turtle trading, I would like to develop a fully automated trading system based on trendfollowing by myself that I can backtest and automatically trade the markets with. Any idea what platform allows me to do this (ie develop my own automated trading system, backtest on historical data and then use the system to trade live money in the markets) ? Thanks a lot and regards !

Cai Gengyang
 

Quantt

Established member
944 58
Hi guys,

So after reading about turtle trading, I would like to develop a fully automated trading system based on trendfollowing by myself that I can backtest and automatically trade the markets with. Any idea what platform allows me to do this (ie develop my own automated trading system, backtest on historical data and then use the system to trade live money in the markets) ? Thanks a lot and regards !

Cai Gengyang
I am using python and the API provide by my broker - this is the most flexible solution. Another one would be to use 3rd party as Pat494 advised, but I would steer clear from a solution that hosts your logic in the cloud/remote, because your idea can be stolen, arbitraged away and even used against you...
 

Brumby

Established member
593 137
Hi guys,

So after reading about turtle trading, I would like to develop a fully automated trading system based on trendfollowing by myself
I hope that when reading you did not miss the part that the Turtles regularly experienced drawdowns of 55 % plus and as much as 80 % in their system. Not many people can handle such drawdowns psychologically.
 

Pat494

Legendary member
13,984 1,438
I hope that when reading you did not miss the part that the Turtles regularly experienced drawdowns of 55 % plus and as much as 80 % in their system. Not many people can handle such drawdowns psychologically.
20% is my top limit for draw down.
 

Charlton

Experienced member
1,501 325
Hi guys,

So after reading about turtle trading, I would like to develop a fully automated trading system based on trendfollowing by myself that I can backtest and automatically trade the markets with. Any idea what platform allows me to do this (ie develop my own automated trading system, backtest on historical data and then use the system to trade live money in the markets) ? Thanks a lot and regards !

Cai Gengyang
Tradestation.com
 

Brumby

Established member
593 137
20% is my top limit for draw down.
Hypothetically say it did hit your 20 % limit, what would you do? Would you stop trading the system? I have not done any studies on trend trading systems but I would guess that a 50 % draw down would not be uncommon. It is the nature of the beast.

My initial point on this thread is that if you wish to engage in trend following make sure you understand the downside of what you are getting into and not just the upside potential.
 

Pat494

Legendary member
13,984 1,438
Hypothetically say it did hit your 20 % limit, what would you do? Would you stop trading the system? I have not done any studies on trend trading systems but I would guess that a 50 % draw down would not be uncommon. It is the nature of the beast.

My initial point on this thread is that if you wish to engage in trend following make sure you understand the downside of what you are getting into and not just the upside potential.
I regularly test new MT4 EAs and if it is above 20% draw down it is rejected. Most of the high DDs are averaging down martingale systems.
 

LarryJ

Newbie
6 0
Hi guys,

So after reading about turtle trading, I would like to develop a fully automated trading system based on trendfollowing by myself that I can backtest and automatically trade the markets with. Any idea what platform allows me to do this (ie develop my own automated trading system, backtest on historical data and then use the system to trade live money in the markets) ? Thanks a lot and regards !

Cai Gengyang
https://www.nirvanasystems.com/omn*******2018/
 

D.Bernfeld

Newbie
8 0
Metatrader 4 хорошо адаптирован для алгоритмизации торговых стратегий. Эта платформа была создана для этого.
 

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