How to Code a Trading Bot in Python - Beginners Guide
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- Опубликовано: 21 сен 2020
- In this video, we are going to code a python trading algorithm in the QuantConnect platform. Feel free to code along!
Check out QuantConnect: www.quantconnect.com/?ref=towm
(This is a referral link.)
Clone my algorithm here: www.quantconnect.com/forum/di...
The best algorithmic trading platforms: tradeoptionswithme.com/best-a...
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If you want to learn algorithmic trading, check out this free course that I created here on RUclips: ruclips.net/p/PLtqRgJ_TIq8Y6YG8G-ETIFW_36mvxMLad
Hi Bro,
Use Tensor flow for better charging and use a decision regression tree by training your data from the last 3 years and check on the last year
the outcome will be 75% to 90%
@@davidcosta391 Thanks for the video. Mr Corey the binary options Expert trader often said, The people without leverage work for those who have leverage.The people who have fallen behind are the people who fail to utilize the new tools of leverage created during their lifetimes, and the people who fail to use these leveraged tools are the people who work for the people who do, and they physically work harder than the people who use the tools of leverage. Invest with Mr Corey for successful returns.
@Coreytradings.
@@bostananwar592 hello send me a telegram ... i also do machine learning in trade. share our experience @EasyInvestForeva
Hello, I have a question, When i backtest it, i keep getting error messages even though my code and yours are the exact same...
what should i do to fix this?
This guy made a trading bot in just 23 minutes AND he explained everything AND its working!
Massive respect!!
Hello 👋 How well does it work?? I’ve been watching other videos they all don’t seem to work
Trading bots are mostly scams... but there are exceptions. You just need a lot a patience to backtest and run many bots, discard the ones that are scams and keep playing with the ones that are good. EDIT: since so many of you ask, yes I use Galileo FX. ..
@@leonidaschang8849 it helps having prior knowledge in python and coding in general.
Went to sleep like Gandhi, woke up like Bezos
Lol😂😂😂
F Gandhi destroyed india.
Who know real history will understand.
Not the one that is framed by his followers.
@@pruthvi7798 He just mean that he didn't have a lot of money
@@pruthvi7798 how so?
I'd rather be Gandhi than Bezos lol
I made a bot that only bought high and sold low I woke up this morning to find my account depleted
I wonder why ;D
Perfection. I'd like to buy your algorithm :D
I really would like your programs. At least it will tell what not to do to my other bot.
Bro, just flip the if else statement and you’ll make millions
You created a Frankenstein bot. LOL.
This is probably one of the best (if not THE best) tutorials I have ever seen. It's clear, short and very informative. Thank you for sharing! I can only hope you'll do more of this!
Thank you very much! I love to see that you like it. I will definitely create more content like this in the future. In fact, I am working on a similar video right now that will hopefully be released by the end of this week.
Agree With you man @ajdaria, this is the first time I came across such a clear and simple video of Algo trading, and
God bless you man @Tradeoptionswithme.
this is true
@Борис Кутузов How you figure the data is fake? Genuinely curious as to how you think they’d still be in business with trash information.
The MultidimensionalTransdimensionalSplitter class is intended to teleport your molecules to another dimension.
Lmao. I had a chuckle at this as well. It reminds me of my variable/function/class names. 'new_dictionary_for_arbitrary_items = {}'.
Create your free QuantConnect account here: www.quantconnect.com/?ref=towm
What can be done with free account? I am very at the beginning.
@@ahmetsuatyildiz4836 You can still develop, research, and backtest algorithms with a free account. There just are some minor restrictions such as limited Logs, and a short backtest delay. If you want to live trade your algorithms, you would also have to upgrade your account.
@@TradeOptionsWithMe Thank you for the info. Firstly, I have to learn the fundamentals. If your solution help me, I could start with a free account.
During the algorithm initialization, the following exception has occurred: AttributeError : 'HyperActiveYellowCrocodile' object has no attribute 'Shedule'
at Initialize in main.py:line 20
AttributeError : 'HyperActiveYellowCrocodile' object has no attribute 'Shedule'
WHILE TESTING...HELP?
@@thorsoundsystem-doct6103 Thanks for leaving a comment. Sadly, I can't tell you what exactly is causing the error. That's why I recommend just using the link in the description box to clone my code. That will definitely work.
Just to let you know I concur with everyone below. Exceptional, and people like me are still learning from it! Thank you so much!
I can just imagine someone making one of these and accidently putting a > instead of a
That’s why it’s very important to thoroughly test and analyze your code before letting it trade with any real money.
"Doh!"
-Homer Simpson
Then they probably would make money.
@@whatsgoingon07 haha
I'm still looking for my mistake I'm having a back test error😟😟
I appreciate your perspective on algorithmic trading, you seem to have the most complete grasp of it on RUclips. The ideas you focused around the lookback feature were pure gold. Would love to see some ideas on instrument selection!
Thanks for the feedback. You could check out my latest video: ruclips.net/video/rYHFGOZM7s8/видео.html
In it, I show you how you can set up a custom stock universe and select stocks to trade based on their fundamentals.
@@TradeOptionsWithMe Wow, just made my day! This is awesomee work, I will be studying your work in detail. Thanks so much 👏
Also, do you know if it is possible to code an algorithm to execute trades based off of technical analysis triggers related to supply and demand, Fibonacci, patterns, and trend-lines?
@@JWADE0350 Yes, that's absolutely possible. You can check out a list of predefined indicators supported by QC here: www.quantconnect.com/docs/algorithm-reference/indicators#Indicators-Introduction?ref=towm
Besides that, it is also possible to create your own indicators if the desired indicator isn't on that list.
@@TradeOptionsWithMe All I need is possible. Thank you so much! Some of the predefined indicators can be used to create what I want and it looks like I’ll have some fun figuring out how to get the fibs and trend lines in. If I can get the tools to work, things could get really interesting🧐 I’ll keep you update!
@@JWADE0350 any updates??
Blessed are the ones who help others learn
Can't wait to try this out. Not interested in having it automatically exeucte the orders for me (too risky); but I have been interested in developing such code in which it would automatically evaluate the current situation, and then have it suggest me to "buy/sell" - at which time I would look at the situation and determine action.
That’s a great plan!
But isn´t a robot better than a human at making trading decisions? It leaves appart the emotional mistakes.
A bot is better in certain ways, but it can also be worse in others. For a full comparison, you could check out this video: ruclips.net/video/6ctVJcUj6vA/видео.html
@@TradeOptionsWithMe is there more advanced systems that utilize machine learning, and if so why are they not chosen over bots like these?
Totally agree 👍
This is amazing content! Can’t wait for more!
You broke it down so well....and made me rest assured it's possible...your argument in the strategy are very good.
This is great. Im still digesting the algo.
I might have a lot of questions once I get a better grasp.
Love this. Alot of creators would charge for a tutorial like this. Subbed.
Thanks!
Thank you so much for your tutorial . I am going to try to use it with other parameters
And yet somehow people are saying RUclips isn't a replacement for college
Soon enough with corporate gatekeeping it won't be. Just look at the scumbags at elsevier.
@@foetusdeletus6313 why tf is youtube megacorp so anti tutorial?
That’s exactly what the colleges want you to think
This isone of the absolute best tutorials i have ever seen. i would love to see more of your material. Thank you
Thanks for the feedback! You could check out my free algorithmic trading course playlist. In it, I go over everything you need to know to get started with algorithmic trading in much more detail.
Just found your channel. Best for algo noobs I've seen! Would love more videos explaining basics of programming such as programming s/r on last high/lows only, programming trend breakouts etc. Subscribed anyway! Stay well
Thanks for the positive feedback and the suggestions!
Great video, and really good job explaining the code. Thanks.
You train so well! It's like you comprehend my tempo...
That "self.lookback = round(...)" operation looks like a problem to me. When the volatility changes steadily but slowly, it doesn't adapt when the lookback value is low. For example, if lookback is 10 then the volatility change has to be greater than 5% to change the lookback value. Since you round the value to the nearest integer, it will "forget" changes that are less than five percent. So if you get two four percent changes in a row, it won't change the lookback value, even though a cumulative 8% change occurred and we would expect the lookback value to be updated..
A good fix would be to define the loopback time in hours instead of days, this way a smaller change is needed to change the number
This is gold. 🙏🏽
I can't figure out how to backtest on Paris market symbols
this is an excellent tutorial . thanks a lot ~!
This is so good.
All i have to do now is learn Coding.
And trading.
That makes two of us lol 😂
@@estou_aqui-2361 make that 3 😁
@@ertugrulcigci yo dude, started the day i commented that, I’m actually kinda good now.
Idk if thats motivational, but if you try to learn code hard you can get good quite fast, so... try it!!
@@estou_aqui-2361 podes partilhar onde é que encontraste a informação para aprender? E sinceramente, tens conseguido tirar dinheiro?
@@GoovyLiOn site hacker rank, tambem fazendo meus proprios projetos. Ainda não, comecei a menos de um mes.
This was a very useful video. Thank you.
You are very welcome. Glad you liked it!
I am a beginner here. This video gives me hope for a better future. Thanks
Despite the economic downturn, i'm so happy I have been earning $24,000 returns from my $7000 investment every 7days with Mrs Jane maria
Your English is better than the queen's sir!
That was immensely helpful-- thank you!
You are very welcome!
great video would love to see more
I have thought about making a program to do this but don’t have the skills that u have. I’m glad u made it public. Thanks. Also I’m sure you could tweak the code depending on if you felt we were in a bear market or bull. Very cool idea.
Thanks for the comment. You could check out my free algorithmic trading course playlist on my channel. In it, I cover all the basics and much more.
Priceless video! A little complicated for those not familiar with coding though...
If you’re new to coding you don’t need to be trying quant bots. Go check out some JavaScript tutorial videos
very good tutorial . very clean . i am happy you didn't start digging deep into any specific feature - sotNice tutorialng that happens to too many
Awesome lesson and such a better way to get your data i've seen others copy code straight from Yahoo's page's
You Sir, are awesome - I've just discovered your videos and watched a few and you are very knowledgeable, very good at explaining things and provide a lot of very insightful information. Dare I say it....your videos have German-level efficiency. Pls do more.
Thank you very much for your encouragement and kind words!
Goddamit, how didnt i found this channel before? Liked and subscribed.
Awesome, thanks for the support!
This is soo good, I please make more tutorial!
Thanks for sharing!
Glad you like it. You should check out my full free course on my channel
What an informative channel I just found!! Do you have any alg. trading book you would like to recommend?
A great algorithmic trading book is "Inside The Black Box": amzn.to/32QAMf4
Otherwise, I have been recommended "Algorithmic Trading: Winning Strategies and Their Rationale" which I haven't read yet: amzn.to/32V7ufA
Yes, bro would love to see more video from this channel. Thank you Mr.Tradeoptionsiwithme!
Found my digital mentor here.
Everything works at its best!!
Excellent vid. Watched a few others but none as easy to follow as this fella. Top respect for your effort to help us all. Can a time command be added to the take profit element? As in set a time to automatically take all profit at various times or time intervals? Thanks.
I don't understand what any of these trading terms mean but this was fascinating
If you want to get into algorithmic trading, I’d recommend first slowly getting into the world of finance/trading. Then you should be able to understand much more.
Very educational
Enjoyed the video. Thanks you for sharing. I was looking for a interface just like this to create a back testing algo for the trading group I am a member of. I believe this will be a great place to start.
Any update? How’d it go?
great video. nice.
hello awesome tutorial, I built this along with you and it's awesome!! I'm wondering though about the asset you used SPY does this look for how that one particular ETF did?
keep up the good work
Thank you!
Superb video. But I'd say the best thing to do is buying crypto and just storing it because if you want to trade with it, you could just loose it all just like I did.
Everyone has their reasons for either trading or just storing.I once traded crypto but sadly I didn't make any profit but I finally realized that I lost because I had no idea about cryptos before venturing in trading.
I think making investments in crypto seems to be the best move to make right now.
Omg you're on another planet trading like tht. I find it just impressive and somewhat discouraging at the same time.
Don’t be discouraged. Note that I by no means just coded out this algorithm and recorded that. I first created the algorithm and then just copied he code for this video. In reality, coding a trading bot still requires a lot of looking at the docs, forum posts, debugging, etc. (even if you’re at a more advanced level).
Thanks for this
This is a very insightful video, thanks for putting it out.
Please can you do a video of a trading bot that uses demand and supply, trendline and price action as it's strategy
Great content!
Thanks!
I think you may have just changed my life my friend.
Thanks for Watching
☝️Whatsapp for more info
Btw when you say "with that being said" you would normally follow up with something in contradiction to that, it's not something you just say before you begin talking about something. In this case it would be better to say something like "without further ado" or something like that. With that being said, you did appear to use the phrase correctly at the end of the video since it was in contrast to your previous statement.
Dear God what are you teaching??? Pretty cool appreciate the vid.
this guy is so cooool!!!!
Wow, this video was a game-changer for me! It made creating my own trading bot a breeze. Highly recommend it!
Also, check out "Algorithmic Trading Tutorial Python | Build Trading Algorithm from Scratch" by QuantInsti - another awesome video that helped me understand the fundamentals of algorithmic trading and build my own algorithm. Super helpful and definitely worth watching!
Big thanks to both videos for giving me the knowledge and confidence to create my trading bot. Can't wait to see what it can do! 😄🚀
Great video, you could do a video about the metatrader5 library for python
Thank you!
Sweet thank you
Amazing work, followed all along the way and FINALLY Made IT !!!
Just Wondering if we could use it with Scripts that are being traded in other International Stock Exchanges like PSX, AEX or FTSE
And Im really glad that i'm gonna be Software Engineer soon and already a Stock Market Investor (A small One), so a Win-Win for me...
WIth lots of Love ,
from Pakistan
Thanks for the comment and the positive feedback! Currently, QuantConnect mainly supports US markets, but they have added international markets to their upcoming features list. Sadly, I can’t tell you how long it will take for them to add this.
How is the job market like in Pakistan?
Hello! Thank you for this wonderful tutorial. I am currently using your code and trying it out in the live paper trading. I just noticed that it still not buying asset after a few days of running. Is it okay if I will be the one to buy instead of waiting for itself to make a buy order?
Thanks for these tutorials... Would you please make one for Bitcoin or ethereum one day
Added it to my TODO-list.
Please 💯
Why i'm getting a error on line " self.initialStopRisk * self.breakout1v1 < self.Securtities[self.symbol].close * self.trailingStopRisk"?
Thanks for the comment. It’s supposed to be self.brekoutlvl instead of self.breakou1v1. Note that you could also just clone the algorithm by using the link in the description box to make sure you don’t have any small typos.
This was dope
Great !!
i've problem with line 22th. there's error like this
type AttributeError : 'ResistanceDynamicContainmentField' object has no attribute 'EveryMarketOpen'
How to fix that?
That’s odd. Are you sure you copied the algorithm correctly? Try cloning it and see if you still have the error.
@@TradeOptionsWithMe that fixed, thanks dude
Is there a way of seeing all the class methods and variables you have access to? Like you have self.History, self.plot, self.Transactions,etc. Is there like a doc where you can see what each function/variable of the class returns, what inputs in needs and so on? Or do you have to know the name of the function, or variables beforehand, and then you can just look it up like you showed on the video.
Hi Timi,
Of course, QuantConnect has an extensive documentation. If you already know the name of a given method, you can just search for it. Otherwise, you can check out their documentation here: www.quantconnect.com/docs/home/home?ref=towm
If that isn't enough, you can also use their forum. This often leads you to a post of someone in a similar situation. If that still doesn't help, you can always create a forum post yourself.
Stop loss vs ruggedness diminishes!Dant think of it.Peesistence is key thx
It would be interesting to import TensorFlow and work with AI for the self.initialStopRisk and self.trailingStopRisk values.
It sure would be.
is it necessary for an aspiring quant trader to know technical analysis and its indicators or price action
Thanks for the question. You definitely should know the basics of technical analysis (things such as support, resistance, trend lines, simple indicators, etc.) but I wouldn't say that you need to know various technical based trading systems or anything too specific.
@@TradeOptionsWithMe thanks
You forgot the warning: DO NOT TRY THIS AT HOME!!
how to add public indicators to this code line if we use our strategy of bot. and we want to send it to api of our account? for ex. when the line turns a colour? or below or upper color etc.
I know this video is just meant as a tutorial for creating a trading algorithm, but I am just curious, does anyone know how effective these things actually are?? Like they obviously can't be perfect otherwise everyone would do it and constantly be making money. But what are the areas in which these often fail? And when these algorithms are successful what are the typical returns that one would expect to see from it?
Keep going bro
Thanks!
What is the advantage instead using tradestation or multicharts
greetings.
I am very new to trading, and exploring all corners and aspects of how people trade.
Please explain to me, how can one implement the trading algorithm on to their online broker platform?
So I have used this program and made an algorithm.
Next, how do I implement it into my broker platform?
Or is this strategy made purely to test out a strategy in future events and then You yourself have to implement it into the broker platform?
Please let me know as I am a beginner at this sort of field.
Thank you!
Hi Jason,
Thanks for the question. QuantConnect allows you to directly link your algorithms to your broker account (if you have an account at one of the supported brokers).
Otherwise, you usually have to place trade orders through your broker's API and host your algorithm somewhere else. I recommend checking out the following video to learn some more details about how the algorithm interacts with a broker and more: ruclips.net/video/YVqxCrxKC_c/видео.html
What is the component in a computer would make this work the best? (CPU? or SSD?)
Great video! I really want to get more into algorithmic trading. Just out of curiosity, how do you actually move this algorithm into live trading? Is there a way to move an algorithm to a brokerage account?
Next to the backtest button, there is a “Go Live” button which brings you to a page where you can set it up for live trading or paper trading.
You can view a list of supported brokers here: www.quantconnect.com/brokerages?ref=towm
@@TradeOptionsWithMe Thank you! I haven't used any of those sites before. I think all of them don't have free trading. Assuming you used a similar bot to the one you made on this video, I was wondering with how many trades the bot is likely to make if the commission on the trade would substantially hurt your earnings.
@@TradeOptionsWithMe ^^That might be a stupid question as I didn't look at all the sites in a lot of depth haha. Thanks anyways!
@@Fr3shTiger Hi, the great thing about QuantConnect is that you can actually set a commission-model for your algorithm so that it accurately accounts for trading costs. I believe they even have a commission model for specific brokerages. For instance, you could set SetBrokerageModel(BrokerageName.InteractiveBrokersBrokerage, AccountType.Cash); to account for IB's commission costs. For more details, I recommend looking at the documentation of the commission models.
I hope this helps.
Can I use quantesconnect to create an algo for trading synthetic indices ?
Thank you sir
🇮🇳🕉️💓🙏
tnx
Could you please show us what types of broker APIs are available out there and tell us their pros and cons?
If you use a platform such as QuantConnect, you won’t have to use the broker’s API. Here is a list of some great algorithmic trading platforms: tradeoptionswithme.com/best-algo-trading-platforms/
Besides the features and commissions of a broker, the other factors to consider are also outlines in that article (programming language, documentation/support, price of data, etc.)
Often brokers don’t offer free data which means that you have to buy data somewhere. This can be very expensive which is one of the main reasons why I recommend an all-in-one platform such as QuantConnect.
I hope this helps.
good content
Thank you!
Fantastic video! Thank you so much! I am a full time student interested in investing, however I do find manual trading, at least in the fashion I prefer, to be time consuming. I hope to leverage my programming experience (C++ and C#) to manage a portfolio for me.
I coded along with you in another window and plan to do some developing and back-testing over the weekend. One major change based on the information above would be adding various securities. I am planning around 10-20 stocks, and I was curious if you had any recommendations for making efficient modification to the program. Of course, I am aware modifications to the percentages will need to be made. I recall you mentioning this at one point in the video.
Admittedly, I am unfamiliar with python but the language feels rather user friendly. Would adding multiple securities be as simple as adding additional addEquity commands and adjusting percentages?
That sounds like a great idea! Adding multiple securities can be done in various ways. Firstly, you have to ask yourself whether you want a fixed universe of securities. This would be the easiest to add. Alternatively, you could also add a dynamic universe of securities.
Either way the main modifications include:
1. Implementing the security selection. For a fixed universe, this can be done by multiple AddEquity commands. For a dynamic universe, you would have to add a universe selection model/function.
2. Changing the main parameters from a single value to a collection of values. E.g. currently this algorithm saves the stop loss price of the open position in a single variable. For multiple securities, you would need to be able to access this value for each security. A dictionary with the security’s symbol as the key would be a good way to accomplish this.
I have 2 other example algorithms videos similar to this one where I actually implement a bot with a dynamic universe of stocks. If you want to, you could check them out here:
Earnings-based bot: ruclips.net/video/zepqjxgf2n4/видео.html
Fundamentals-based bot: ruclips.net/video/rYHFGOZM7s8/видео.html
Note that QuantConnect also supports C# but since the majority of the community prefers Python, the support isn’t as good as for Python.
I hope this helps. Let me know if you have any other questions or comments.
can we do the same coding in visual or it will return some errors ?
Can you make a bot that buys instantly after giving it the asset name and sells as soon as price goes up say 20% from buying point? Possibly including a stoploss
Wow!!! I never considered using % for SL. I always thought of pips which unconsciously covert into dollar value which raises my fear of losses... Thanks man👊🏽
Always use % for stop loss
How do i make it into a bot that doesn't trade until i click the buy or sell button. It only suggests possible entries.
Also, how to i call the value of the low of the previous price bar and the ATR value to create a stop limit entry instead of using market price.
hi can you help me i am not using any such web but developing my own bot i know python can you inform me what else should i learn??
??
Man i have a trading statigy using the daily timeframe and the supertrend indicator on trading vue is it possible to make an algo that would do this?
Thank you for your Trading Bot on SPY from 2018 to 2020.
1 In 2018 and in 2019, there were several instances when the Price fell below and then went above your Trailing Stop Loss.
Would your Trading Bot Stop you Out and Buy Back In when Price fell below and then went above the Trailing Stop Loss in 2018 and 2019?
2 Similarly, in 2020 with the COVID-19 Crash in February and March, would your Trading Bot Stop you out and Buy Back on recovery?
3 If as a trader of the SPY, if you Held onto your SPY Shares during the same time period 2018 to 2020, what would have been the difference in gains in shares and dollar amount?
Thanks for the tutorial. I got stuck I may have entered the wrong line of code. I can not find it? Any Suggestion???
I’d recommend just using the link in the description box to clone the algorithm. That should definitely work.
thank you ~~
The stock you have to use does it have to be rising
is it for carcked rust or steam rust?
Hey, interesting work, one question here, which trading broker can let you install that trading bot into? Thanks.
Thanks for the question. You can check out the list of currently supported brokers here: www.quantconnect.com/brokerages?ref=towm
So, once the algo is refined how does it get implemented. Cannot be imported into say....Lightspeed or TD Ameritrade?
Once you want to paper trade or live trade your algorithm, you have to click on "Go Live" which is next to the backtest button. Then you will be directed to a page with more details. Note that for live trading, you will need an account at one of QuantConnect's supported brokers. You can check out a list of currently supported brokers here: www.quantconnect.com/brokerages
I hope this helps.
How would you begin to use the bot within your brokerage?