QUAT Profile picture
18 Jan, 7 tweets, 2 min read
My first #crypto #algotrades after two weeks of coding. i share experience so far in this thread. Image
I use #binance api for history and order placement.

It was far better than our local apis available. Speedy, clean and most important it is free.
We can also short coins in binance using futures segment.

The average leverage given was 100x. Though they give more leverage, i dont use any for my benefit. I dont want to blow up my account.
It was a 24/7 market. It took more effort to code for that. Since it was new to me. I needed to take care of all start/restart/resume logic for that. It was new experience altogether.
My code trend following modes works here as well. However it was tough since I never used TSL but it has EOD at all. So I am using bucket concept where I keep coin for some fixed time after that I will rank to exit or keep it for more time.
I needed to use wide stops and risk per trade is 1%.

Max coins at a time is 4
I know how crazy alt points pump/dump in 2017. I want to capture those move going forward as BTC went up but other coins are still has lot of room.

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More from @quatltd

23 Jul 20
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
15 Apr 20
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
25 Mar 20
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
18 Feb 20
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.
3. Use selenium code to auto login to zerodha kite.
3/n
Read 5 tweets
7 Jan 20
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
Read 7 tweets

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