Creating a trading system from scratch

[vinit_7801]

For everybody watching this thread, the present method of executing trades via notebook is not recommended.
The right way is to turn them into python scripts, which I would cover soon.
Also, create 2 separate copies of the system, one for live trading and one for backtesting.
We would soon turn our complex code into something more simple so that we coud just present our backtesting rules for the system to perform the rest.
Also, get used to the payoff concept I introduced somewhere in the middle of this thread.

The original system proposed in the post has been now changed so that

1. We place orders only when the price is below open
2. We place only STOP LOSS LIMIT orders so that our stock is picked at exactly the price we expect
3. We exclude open = high cases from the results
4. Added commission

This would improve our returns and also provide more realistic backtesting results

have you changed it ?because couldnt find in the normal repo of tutorial/tradingsystem/SystemNew.ipynb

 

[UberMachine]

have you changed it ?because couldnt find in the normal repo of tutorial/tradingsystem/SystemNew.ipynb

No, its still available here at the same place.
I got your message wrong.
I am working on converting it to a script. Not yet done

 

[vinit_7801]

The best thing about this system i like is.....it requires very less amount of leverage....earlier i used to use 10x leverage to get 1-2% gain now i m using 3x leverage.....
Today got 6.1% in indigo....

 

[UberMachine]

Placing orders in Kite.

I have modified the system so that you could also place orders on Kite. Existing users can git pull or

1. Download the template.html file and the SystemNew notebook.
2. Sign up for Kite publisher API key at kite trade. Its free and enter it in the notebook
3. Just run the notebook; It would create a zerodha_order.html with the necessary details. Just click the submit button, log into your account and place your orders

If you don't want to change your existing notebook, then copy and paste the code for zerodha at the end if your existing notebook

 

[UberMachine]

Thank @UberMachine for this tutorial and the codes.

Can you clarify how to automate it with Zerodha.

I am on Manjaro and use only Kite.

Thanks.

Its now updated with Zerodha.

 

[Imtiaz Ahmed]

Its now updated with Zerodha.

Wow. Thanks.

But doesn't kite connect requires monthly fees?

 

[UberMachine]

Wow. Thanks.

But doesn't kite connect requires monthly fees?

No, this is the free publisher version based on HTML with a graphical interface.
Kite connect is an API for total automation and its 2000 per month. This system doesn't need it.

 

[vinit_7801]

i have been getting this error in newsystem

 

[pannet1]

Thank @UberMachine for this tutorial and the codes.

Can you clarify how to automate it with Zerodha.

I am on Manjaro and use only Kite.

Thanks.

imtiaz,

try to dump manjaro for arch ...or something else (i use mx linux). 2 reasons

1) someone in linux telegram channel mentioned that its a chinese spyware
2) one fine day after update i was unable to boot (some kernel issue)

cheers

 

[VJAY]

Placing orders in Kite.

I have modified the system so that you could also place orders on Kite. Existing users can git pull or

1. Download the template.html file and the SystemNew notebook.
2. Sign up for Kite publisher API key at kite trade. Its free and enter it in the notebook
3. Just run the notebook; It would create a zerodha_order.html with the necessary details. Just click the submit button, log into your account and place your orders

If you don't want to change your existing notebook, then copy and paste the code for zerodha at the end if your existing notebook

Dear UB,
Thanks for sharing .....can you please explain what we need to enter in notebook?