How To Build A Trading Bot In Python 

Thanks for this ! I didn't pay attention to it will try and fix it tomorrow 🙂 (anyway it's a demo account)

drive.google.com/file/d/1akgyiR2lFOPT3OLjLTc142vtHkts2x-q/view?usp=share_link It should be fine with this link, thanks again!

Haha. LEGEND!

@@pun3203 I didn't even recheck my details might be still there lol

@@CodeTradingCafe Hey, I hope you're are still able to answer questions, because I am facing an issue with accessing the jupyter notebook. As it requires a token ID and password

Hi, thank you for your support

How do you use it on robinhood?

Thanks a lot for your support, I am glad you liked it

Thanks a lot for your support, appreciation really counts!

Thank you for your support 😊

Thank you for your support 😊 I am happy you're enjoying these topics, good luck

Glad it was helpful!

Thank you so much for your support 😊

Thank you for your support! it's motivating to know that these videos are useful.

Thank you for your support!

Thank you for your support

Thank you for your support, glad you liked the video!

Thank you for your support, good luck with your research!

Thank you for your support!

You will enjoy it, but first you will suffer :)

Did you get to it?

Muchas gracias for your support 😊

Thank you for your support!

This is one of the most generous comments ... Thank you so much, wishing you a million dollars in return 🙂 Edit: asap as well

But why

Glad it helped!

It's a nice hobby, I hope you will enjoy it as much as I do. Good luck!

@@CodeTradingCafe More than a hobby. I'm a 55yo unemployed guy in Brazil, and with Lula in charge, things are getting worse very fast. My hope is to get some remote job and invest overseas, just to have some life. The number of co. closing doors is rising, and fast. As soon Trump, Bolsonaro and other conservatives return to office, and the Market become trustable again, this knowledge will speed my financial recover.

@@maurolimaok if I may provide a modest advice, don't do trading while chasing money it is a 100% failure recipe, emotions are tricky! Have a steady job with income, once this is settled expand slowly into trading and investment. (and out of experience passive income doesn't exist any investment requires constant monitoring).

@@CodeTradingCafe Unfortunately that's not an option for me for a while. I lost the money I nad due to home distraction while I was trading. Arrgghhh! Lesson learned. KKKK But I'm trying to get a micro business running, so I could have SOME income, at least. Thanks for the advice. I'm aware of it.

Thank you! I am glad these videos are useful.

Glad it was helpful!

Thank you for your support, I am researching some ideas hopefully will get interesting ideas soon into more vids. Good luck to you!

Hi, happy it worked, I will check for single trade at a time. Good luck to you!

How is your demo performing? Are you making profit?

@@orolimomov5866 Hi, this is just a demo not a full strategy it was just to show how to connect from python.

how is it going so far?

Thank you!

Thank you for your support

Hi thank you for your comment, I understand trading from 2 points of view Fundamental and Technical, these are completely different. Fundamental trading relies on analysis but my take is that you never know WHEN the move will happen when using fundamentals, for example you know Gold will rise during major events (war Russia-Ukraine or US conflicts in the gulf) but you never know when and by how much. Technical school is different and as a Data Scientist I really enjoy the numerical analysis approach, sometimes statistics can reveal good hints.

Man, on fundamental side what need to figure out leading ang lagging economy indicator and those my friend @CodeTrading are measureable with math and economy. My lack expertise are in coding, I'm aware javascript and macro but no experience on Phyton. If you're able to script algoritma for buy at bottom 20% of RSI and sell at top 80% signal, or by make automation buy or sell when MACD cross over signal happen, even combine those as like multiple priority Equity finding (kinda Machine learning), you are DEFINITELY THE MAN. Cheers bro.

I appreciate your support, thank you!

Good luck, maybe next I will put a full strategy live in a video... 🙂

Thank you for your support

Any time! thank you for your support.

Thanks

Hi, thank you, you are right this is just a template model, we need to replace the signal with a more complete one.

thank you, I am happy you liked it!

Glad it was helpful! This is the same Jupyter file I used in the video I only had to remove my credentials of my personal trading account, check the pinned comments for update.

Thank you for your support

You can initialize and leave it should be got automated, you can modify it to apply any strategy you want. But it is highly advisable to backtest any strategy before using it. Good luck!

Hi thank you! Actually it's not very complicated python can scrap webpages and social media for news and discussions and evaluate the market sentiment, the challenge is to have access to good news sources, and ... we don't know when the effect of the news will take place is it long term or short term, but all in all it's not complicated to have a first version of such a code.

Yes you are right we need to get the spread first and include its value in SL and TP calculations.

Thank you, happy they are helpful

Hi yes there is a way to check opened trades and close them if needed in backtesting module I used something similar in a video on Rayner Teo Bollinger Bands strategy.

@@CodeTradingCafe Allright I'll check this out ! Thanks a lot for your help and quick answer :)

I don't at this point but the scheduler runs once every 15 min so it might happen, piling up open trades (not too many I guess). We can add a condition to avoid this. ... thank you for your support

Thank you!

Thank you for your supportive comment. I use regression in some approaches in previous videos (channel detection mainly) but I never try to fit the price in a regression it doesn't work this way unfortunately. But more is coming and welcome to the club, happy you joined learning with us.

@@CodeTradingCafe absolutely 💗👌

Thank you!

Hi thank you for your supportive comment, I did something similar check it out I hope it helps ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-Mxk8PP3vbuA.html

Good question! I never thought of it because I usually trade above 1 hour timeframes, my favorite is 4hours. But I guess you are right for lower timeframes you need the faster approach.

Hi thank you for your support, yes I have a french accent I wasn't aware of it 🙂 because I am not native french. I made money from bots but I only program the bot to send me an alert on my phone and I take the trade manually, I can't work and live while an algorithm is playing around with my money 😂

Thank you too!

Hi thank you for your support, I don't have a demo for binance I hope I can do it in the coming year. Good luck!

Hi, when you log in to your OANDA account you can find a list of your demo accounts or you can create/open a new demo/practice 'sub' account there, once this is done you will be able to see the account number on the list of accounts.

Thank you! and good luck

Hi, I used to code in mql but moved to python for trading 10 years ago to try machine learning, I don't have videos about mql though.

Hi thank you for your support. The error is because you either need a config.py file where you create a variable access_token, or you can directly do it in the python code and remove the "from config import..." I hope this helps

Hi, this is just an example so you can change the SL and TP to your liking. Regarding the position opening, when an engulfing candle generates a signal it has to close completely so the position is fulfilled on the next candle coming after.

Hi, thank you, ideally yes a vps but it's not needed for trying you can run this on your laptop for a week to see if it's rewarding.

Thank you! yes you can a lot of brokers are now offering Python APIs, need to go through their docs though.

Thank you! Cheers!

Thank you! at this point MT5 is not needed for me if we can trade straight from python, do you have any particular reason for linking MT5 to python?

@@CodeTradingCafe Thank you for the reply! I was hoping to be able to connect python straight to MT5 and trade.

Hi, I haven't but I would assume there is a way to get the ask price the bid price and process the difference.

Hi, yes you can make fast trading algorithms in python, expected lag is less than a second per trade from python side, then you have the connection and other factors, but it usually works well.

Hey thank you for your support. Trading since 10 years, algorithms since 6 years, don't expect to be rich (8-12 percent yearly return) unless you put high numbers in there but will you risk it? (I don't like high risk not adrenaline rush lol so I kept it as a side hobby along with my job that is in a similar field). Edit: for programming check my python learning playlist

I’m also a trader and I know the realities lol. 8-12% ROI is decent and hard to come by in any investment. Maybe you don’t need to risk your own capital, you could try trading with some prop firms that allow it. Thanks I’ll check out your playlist.

@@CodeTradingCafe Can I ask which strategies you use for this? I know you will not tell but I'll try anyway.

@@CaptainCsaba it's something very similar to the strategies I show in here but the lot size is not fixed it's proportional to a set of rules and the TP/SL also (I change these myself when the trade is opened), so in brief take any good indicators from this channel it's already half the strategy the other half is lot size and trade management. This is how I do. And by the way many people think a winning strategy is a very complex one, my experience is exactly the opposite, simple strategies are more rewarding.

@@CodeTradingCafe That was very insightful, thank you very much!

Hey this is NOT a complete strategy please check the video well it's an example strategy for a trading bot, the results were NOT backtested here, but my other videos present backtests as well, good luck!

Thank you 🙂

Hey thank you for your support, reinforcement learning is a great idea to investigate, it doesn't mean it's guaranteed but curious enough to try it. I have it on my list since a while but time is tight at the moment. Good luck!

Thanks will be waiting

Most welcome, thank you for your support.

Thank you!

My best answer is : "trader's job starts after the trade is opened", the reason I am saying this is to highlight the importance of managing you trade actively, SL and TP alone will not provide the best results, I am not saying will not provide winning trades but they will maximize your gains. That being said, I would use the local swing for the SL, and the TP depends on the SL with the TP/SL ratio. And don't forget that if the price moves in your favor you can close half the position and move the SL to break even for the other half that is still opened. I will be making a video about this very soon... it's time to tackle trade management. Good luck!

@@CodeTradingCafe thanks

Hi thank you for your support! Please check the pinned comment with the updated link, let me know if it worked.

Hi thank you for your input. You are right improvements can be applied, this was just an example to see how to connect with oanda from python.

thank you!

Hi, no directly from python, this is the purpose of this video.

I am glad it worked, good luck!

Hey the field is called computer vision you can use CNN to analyze the pictures. Good luck!

Hi, this is not a full strategy just an example to connect from python, but I have backtested strategies in my previous videos.

You're welcome

I am glad it's working for you, so instead of backtesting just let it print the signal on the screen, you can also make it send you an email it works good too.

@@CodeTradingCafe your email please.

Hi it's in the about section of the channel

I guess yes, used to use C++ 10 years ago, but everyone migrated to Python APIs. The easiest for you is to use mql5 language you can run it in MT4/5 and it's very close to C++ (I recap it's C++ actually).

Thank you for your support, glad you liked it!

Hi, thank you for your support! You can try dukascopy create a free account it works well. Good luck!

In this example I used fixed lot size, but more complex systems use dynamic sizing.

you can change the accountID variable in the code, like accountID = '....'

Hi thank you for sharing, this is interesting. Technically yes this is relatively simple to achieve using minutes timeframe and measuring movements on a slice of 2 minutes for example so 2 candles. Will put it on my list (it's a long list though, sorry!).

Hi, I understand, it's NOT hard but it does require some time ... 2 months practice you would be able to code your own strategies. The easiest is to start with my python learning playlist (check the playlists on this channel) it starts with basic python and evolves into pandas and financial data analysis within 3 videos in total. I hope this will help. Good luck! Don't get discouraged it is worth it.

@@CodeTradingCafe sure and thanks 😃

Hi thank you for your support. Learning AI you mean reinforcement learning, yes I have an idea on this I should start coding it soon, I will put it in a video here if it goes well (will require some time though).

@CodeTradingCafe ah that should be brilliant. Been looking for tutorials on binding an ai trading bot

Hi, thank you for your support. Yes the market is not as friendly but we can always sneak around in someway :)

Hi, yes the jupyter link is the code but you need to open it in Jupyter notebook reader

You can use the resample () function in pandas with ohlc parameter it does the work for you, it can also sample any timeframe according to your choice.

The way the code is built, it doesn't run on bar really, it will keep querying the data and testing for the same result all day long, the scheduler will limit this to once a day as needed.

The easiest way is to trade high timeframes like the 4H or the daily, usually the movements are wide so the spread and commissions are a small portion... but it's slow you get 1 signal every couple of weeks.

Hi thank you for your support, the file is in the new link check the pinned comment. Let me know if you got it. Good luck!

You need to have an account set with a key to access live data otherwise the code should work.

@@CodeTradingCafe I ALREADY MADE TWO COLUMN USING TWO CANDLE CONDITION BUT I HAVE TO DEVELOP LAST THREE CANDLE CONDITION AND LAST 4 CANDLE CONDITION AND ALSO LAST 3 CANDLE +NEXT CANDLE CONDITION I WROTE CODE AS PER UR GUIDELINE. I SHARE IT BELOW def signal_generator(df): Openx = df.o.iloc[-1] close = df.c.iloc[-1] previous_open1 = df.o.iloc[-2] previous_close1 = df.c.iloc[-2] next_open1 = df.o.iloc[1] next_close1 = df.c.iloc[1] #candle type : if Openxclose: return 0 elif Openx==close: if next_open1next_close1 return 1 else: return 2 ct = [] # ct is column name ct="candletype" ct.append(0) for i in range(1,len(candledata)): df = candledata[i-1:i+1] #print(df) ct.append(signal_generator(df)) candledata["ct"] = ct #candledata.iloc[:,:] #print(candledata) def signal_generator(df): Openx = df.o.iloc[-1] close = df.c.iloc[-1] previous_open1 = df.o.iloc[-2] previous_close1 = df.c.iloc[-2] #previous_open2 = df.o.iloc[-3] #previous_close2 = df.c.iloc[-3] ct_previous = df.ct.iloc[-2] #candle type : if Openxprevious_open1: # return 1 elif ct_previous == 0 and closeOpenx and closeprevious_open2 and previous_close1Openx and previous_close1>previous_open2 and close>previous_open1: return 1 elif previous_close2previous_open1 and close

Hi, it depends on the timeframe you are trading the scheduler is only there to launch your function.

@@CodeTradingCafe if i trade 15m, so the scheduler is basically 15m? It's better to set lower schedule fe 5m or 1m even seconds bro ? Thx for your reply

Hi, yes it's better to sync with the timeframe as scheduling faster than the timeframe only adds unnecessary CPU and bandwidth work.

Hi, thank you for your comment, can you be more specific? I am not sure I understood correctly.

Most of the API related lines you have to check first with the broker if they support python trading

Hi no it doesn't work you will need to modify it including the binance libraries and functions instead of oanda.

Hi, I am not sure I understand what you mean?

@@CodeTradingCafe What's name of the software in 0:01?

@@tradingview-strategy It's not a software this is the Oanda Interface

I am not sure if dukascopy has this data I've never traded OTC, try their platform (dukascopy) see if they provide historical data.

Thank you for your support. It all depends how much time you want to spend on learning and trying around. It's good to master many tools and be part of different communities but sometimes it can become overwhelming and maybe too much to handle which is bad for trading. Out of experience, simple approaches tend to be more successful!

Hey, yfinance and dukascopy are good. Good luck!

@@CodeTradingCafe dukascopy is awesome, super thank