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Quatltd

7 Jan, 7 tweets, 1 min read

Thread for aspiring #algotraders

Do u know programming ?

If not learn below python topics online,
Basics/syntax
Data processing
Data storage
For if loops
Api calls

1/n

Do u have working manual strategy?

If not , learn to setup strategy using online,
Like entry,exit, SL, target.
There r n number of sources avail online to learn strategies. Pick one which suite u.
2/n

Do u money management and position sizing, winning losing streaks.

If not, learn that system trading concepts before coding.
3/n

Now start backtest ur technique.

Call kite connect api
Store it
Code ur filter and entry, exit rules
Put max risk per day 1 to 3% based on ur risk appetite
Minus charges, slippage from PL
Take report ROI monthly basis
Check MaxDD
4/n

Work on filters, entry nd exits till you r ok with ur ROI and maxDD.

You can add pyramidding to improve results.

5/n

Once back testing is done. Place orders in small real account.

Check EOD basis whether stock selections matches as per ur backtest.

If not work on it to match.

Keep check on slippages and PNL to check if it matches as per test.

It will take months to get proper match
6/n

Once realtime reports start matching real reports. Increase ur account size based on ur risk appetite.
N/n

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More from @quatltd

Quatltd

@quatltd

23 Jul

GM..!

Stock trading is riskiest business, there are n number circumstances which is not in our control which leads to big losses.
1/n

1. Not able to close day's position due to brokers site is down( we encountered in past).

2. Hugh up/down in particular script which leads to big loss due to some news or events.

Read 7 tweets

Quatltd

@quatltd

15 Apr

Input: F&O stocks
Interval: 5 mins
Var: price & volume for each stocks
2/n

Max stocks traded per day : 5
Max risk per day: 3%

Ex: for 5L cap, each stokc will be allocated 1Lac captial

Risk per stock: 3% of 1Lac = 3k
3/n

Stock selection:

Do below stock for every 5 mins:

Start time 10:10 am
End time: 11: am
Min per: should be >=3%
It can be long or short
Turnover of the day(vol*price) should be in top 20 List on the given time.
Last 15 mins perChange>=days PerChange*0.015
4/n

Read 5 tweets

Quatltd

@quatltd

25 Mar

This month #algotrade issues and observations.

Issue: Most of the days CO/BOs blocked.
Fix: Needed to code for MIS order

1/n

Issue: Zerodha was down and not able to close open positions by EOD.

Fix: It went to short delivery. Overall no loss. Still didnt understand what happend in auction.
If repeats , need to think other alternatives

2/n

Issue: one of the rare case scenario happened on 03/19. Zerodha quote api was not working in middle of the day.

It was handled already by code.

Fix: Try to close all open positions to avoid further loss and hard exit from system.

Code is there already and worked fine
3/n

Read 4 tweets

Quatltd

@quatltd

18 Feb

How to start #algotrade without paying anycharge?
Actually I used dis when i started with 30k cap not paying single penny.

1. Use below link to download one min data and back test ur technique
drive.google.com/drive/u/0/fold…

1/n

2. Use google sheet api (google finance) to get LTP
support.google.com/docs/answer/30…

u can't get candles but u can get LTP,open,high low for the day or every requests
2/n

attached sample code how can be used.