This is about Details of algo trading

For algo resources join
@algoresources

For algo help join
@algocreaters

#PHASE2 BASIC OF PYTHON
(FOR BEGINNERS)

PYTHON INSTALLATION FOR ALGO TRADING

1.PYCHARM (FOR WINDOWS,MAC,LINUX)
https://www.jetbrains.com/pycharm/download/#section=windows


2.VISUAL STUDIO
https://code.visualstudio.com/docs/python/python-tutorial

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For algo resources join
@algoresources

For algo help join
@algocreaters

✅ MAY THIS FESTIVAL OF LIGHTS BRING HAPPINESS AND SUCCESS IN YOUR LIFE

🙏 HAPPY DIWALI 🙏

As the members of the group suggested for youtube channel
We create new channel for algo trading.
We will conduct webinar and also share knowledge for algo trading as well as stock market stuff.

Please support us by share and subscribe our channel the link is as 👇

http://www.youtube.com/channel/UCV0TTj5YKu9U8HPiZezZirA?sub_confirmation=1

#beginners

For those who are new to algo trading follow these steps to make algo by own


1) Learn python
Note:- learning python would take around a year,you can not learn it from short time,it requires time and practice.

you need to master data structures, threading, multi processing, scraping etc

Few libraries are
Pandas, requests, bs, matplotlib

2) As you all are aware of technical analysis so you can code your own strategy like candlestick pattern base, breakout base, indicators base etc

For that
You need api from your broker,candle data then you need to connect your code to your broker via api this process you can find in api document and also from youtube.

After that you can use your python knowledge and api command to code your strategy


3)For backtest you can make your own backtest code or you can use backtrader library.
you can also backtest in other websites like streak and chartink so your if it's simple condition base strategy.

I suggest make own code for backtesting base on your requirements it will definitely help you in future.

4) first use algo trading for swing trading then intraday then go to FNO.

5) deploy code on cloud so you can access it from anywhere and reduce connection error while working

6) review and update your code




Note:-

1. Must add stoploss in code
2. While testing use only 1 quantity
3. Try to test in small fund account
4. Try to reduce cost of algo Trading by using various resource.

@algoresources
@algocreaters