Hello Friends,
I am looking for help with my system developed using Amibroker. The system is a positional system with 15 min timeframe and will trade futures. The initial tests are giving good results which is warranting to further fine tune it and if the results are encouraging then would go live. Need help on following points
- The system works on a list of stocks (no specific selection criteria just good liquidity) and trades will be executed as and when signal is generated. To start with I am limiting no of open positions to 10. I am looking for suggestions/ideas to filter stocks which will be chosen for trading, some of the examples are - for long the stock should be above it's 20EMA daily and 20EMA hourly, if the previous day is Inside day or NR4, NR7, NR21 which may give good move in any direction next day. So idea is trade only those stocks which has higher probability of giving good move next day and reducing whipsaws.
- Might be a silly question but how to do you send buy/sell signal to algo platform, by using amibroker scan facility or any other way and what should be the Auto Repeat interval in Anaysis window.
- How much slippage + other charges (brokerage, STT, transaction tax etc) one should consider for each trade. I have assumed Rs 300/- per trade (Rs 600/- for buy sell order). Is it correct assumption?
- Who are the vendors who provide algo platform with amibroker interface? I am aware of Symphony fintech, any other vendors with decent infrastructure...
I would also like to connect with members who are already doing algo trading to exchange ideas/knowledge and reduce our learning curve. Please post your views/suggestions here or PM me.
Appreciate your help and thank you in advance.
PS
I am looking for help with my system developed using Amibroker. The system is a positional system with 15 min timeframe and will trade futures. The initial tests are giving good results which is warranting to further fine tune it and if the results are encouraging then would go live. Need help on following points
- The system works on a list of stocks (no specific selection criteria just good liquidity) and trades will be executed as and when signal is generated. To start with I am limiting no of open positions to 10. I am looking for suggestions/ideas to filter stocks which will be chosen for trading, some of the examples are - for long the stock should be above it's 20EMA daily and 20EMA hourly, if the previous day is Inside day or NR4, NR7, NR21 which may give good move in any direction next day. So idea is trade only those stocks which has higher probability of giving good move next day and reducing whipsaws.
- Might be a silly question but how to do you send buy/sell signal to algo platform, by using amibroker scan facility or any other way and what should be the Auto Repeat interval in Anaysis window.
- How much slippage + other charges (brokerage, STT, transaction tax etc) one should consider for each trade. I have assumed Rs 300/- per trade (Rs 600/- for buy sell order). Is it correct assumption?
- Who are the vendors who provide algo platform with amibroker interface? I am aware of Symphony fintech, any other vendors with decent infrastructure...
I would also like to connect with members who are already doing algo trading to exchange ideas/knowledge and reduce our learning curve. Please post your views/suggestions here or PM me.
Appreciate your help and thank you in advance.
PS