Hey Bro, you are doing a great job with your Videos. But honestly, you titled your thumbnail with "live trade alerts". Well... What you are showing has nothing to do with Live Alerts, because for live alerts you need Live Marked Data. Like provided with CQG or Rithmic. With these Data Feeds you can really get live alerts when a pattern appears. With Yahoo Finance and delayed Data you can't trade with Real Money. What I want to say, I would very much appreciate, if you would do a video, where you use a real live data stream.
Hi thank you for your support. This might be surprising but on daily, hourly and 4h timeframes you can stream live data with yfinance, delays are mostly for lower timeframes. In this video I used the daily timeframe so the data is streamed live without delay since you query prices once per day. The other sources are not free unfortunately so it's not for everyone.
Great video sir. Quick question. Delving deeper into algorithmic trading, I’ve found that mere backtesting isn’t sufficient and processes like out-of-sample backtesting, Sample parameter optimization, walk-forward optimization and Monte Carlo Simulation are viltal to creating a solid system. Question is: how do you conduct these tests with Python?
Hi thank you for your comment. I would say the best is to test a strategy live on a paper account nothing can replace this, as for the tools you mentioned I don't think Monte Carlo sampling is crucial in this case, in my opinion live testing is a great validation.
Thank you for your support. Definitely walk forward is on my list, and it's actually very close to this video, part of it is streaming live data and trading with paper account.
@@CodeTradingCafe Yes too many bad actors and very little trust now. Nobody in their right mind would trade the current market given the lack of liquidity. I still scan the market every now and then but more for nostalgia and remembering the good times.
Hi, Just encountered with your channel. Thanks a lot. Will consider joining. Can you provide some references(books/courses/any_other_resources) on how can we learn it in more depth? Or maybe your journey like how you started from zero and about the brief process of your journey so far? Thanks again!
Hi, thank you for your comment. My journey is kind of long probably there is shorter ways to do it but I come from C++ so Python was a discovery I made 10 years ago. Books I honestly can't remember all of them between trading and Machine Learning I am counting more than 50-60 books I guess. If you are interested in this field you can start with python basics from one side and trading books and tutorials in parallel with python. This is around 6 months of work, then if you like it you can move on to Machine Learning applications and that is a lifetime learning cycle. Good luck!
Hey, bro, your new subscriber . I have done coding on XGBC with 10-12 T.A I got results to but the problem is how would I determine next day or next week buy or sell signal? based on train and test results. Can you help me or I have to time series analysis?
Sorry about this :) I have a loooot of ideas on my list, can you remind me very briefly which one was it (saves me the time looking into that list). Thank you for your support!
@@CodeTradingCafe I am sure you are so busy and have much ideas from the fans )) my idea sent you to gmail..about 2-3 up candles and pullback then breaks the high to buy )) Good luck
thank you for sharing. Your idea is interesting but it also easier to do in live testing rather than backtesting, just because the data is not always as clean, so live data is easier to deal with.
@@CodeTradingCafe THANKS FOR YOUR REPLY, I HOPE YOU CAN DO, PRICE ACTION ALGO TRADING IN FUTUER TECHNICALLY TRADING IS GOOD IF YOU DO WITH PRICE ACTION WAY.
Hi, it might not be the easiest alternative for non familiar, but I agree that it does more than just a simple message. Is it free? or you have paid options?
This should be enough 100 messages per month meaning 100 valid signals per month it's enough if you are trading on daily timeframes. Hummmingbot I know only what it is but never used it.
Hi just like any other alert only put the condition on volume. Check this video for live streamed data ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-WcfKaZL4vpA.html
I promise I am recording and editing every day I didn't know it's that much time. I could eventually give you early access to whatever is online already but it might not be worth it without the parts I am still preparing. All of this to say I am really working on it regularly :)
I started a discord a year ago but couldn't moderate and deal with it properly so it's kind of closed behind! sorry, I will look into it again, hopefully soon enough.
