Traders of all ability ranges use our forums to study scripting and indicators, support one another, and find out new means to realize an edge during the markets. How can I get rolling?
I did use TDA's API many years in the past, when it was even now working with ActiveX. Regrettably I didn't catch on, after they transformed the API. Having said that my solitary tactic didn't include any indicators whatso-at any time. Simply consider the stream of trades, and filter out significant trades with the ask.
It may draw in a lot more programmers to this forum. If I'm achievements With all the TD-Ameritrade API, I will desire to translate a lot of ThinkScript scientific studies for use Along with the trading program I come up with. I feel it could be an incredible addition. Who else thinks This may certainly be a deserving addition to this Discussion board? Click on to increase...
Sure, you may test your methods and analyze their overall performance, even so executing trades will require guide enter from you.
irishgold claimed: Concern whether it is working nicely in NT why not merely use NT to trade. As Every person has identified TOS isn't going to autotrade. NT8 you may execute trades. Are you stating your system is simpler in thinkscript? With this thread there are many Thoughts on autotrading using alternate methods. A lot depends upon how intricate your trading is.
The easy elimination with the Addorder strains will convert your TOS approach into a research that is certainly executable.
Examination it on FOMC days and through other massive news. Do mock trades when the parameters of one's method happen to be fulfilled and find out how it pans out. Are you stopping out early continuously?... make tweaks and take a look at it some additional.
This is only my take on trade bot this topic but I hope Other folks also can offer items of advice which will help you within your trading journey.
My guidance would be to obtain a fundamental comprehension of selling price motion and quantity. Check into how The 2 relate to one another. "Quantity Unfold Examination" can be quite valuable. Also the Volume Profile could be intriguing in addition. (both of these searchable on this Discussion board)
Hey @irishgold, I'd like to analyze this a bit more, but googling "TradingView and TD Ameritrade Car Trading" supplies backlinks to things which Really don't seem related Unless of course I begin taking place many rabbit holes. I noticed a youtuber (Aspect Time Larry) was doing something with chalice over a Mac, but nothing at all clear to me.
In my ongoing search for one of the most useful car-trading Resolution, guided by the choice conditions I outlined higher than,
Risk Management: I regulate possibility throughout the usage of trailing stops and make sure I hardly ever trade more than 10% of my funds account.
Some users below use dual-platforms. Using a charting platform like TOS for Investigation after which precise trade on Yet another platform that much better fulfills their requirements.
The 1st simple and most significant step you have to choose is Teach by yourself just before committing serious funds. No exceptions below. You can find tons of sources to find out from, some paid out which you might take into account an inexpensive expenditure and lots of free YouTube videos and also from other resources, like your broker’s, and previous although not least, study great textbooks on the topic of interest. Deal with excellent in excess of quantity!