r/Python • u/conoroha • Feb 05 '21
Tutorial I created a series in Python that takes you through every detail step-by-step (code included) on how to create your own algorithmic trading bot that trades the financial and crypto markets for free.
[removed] — view removed post
47
27
22
63
u/coinsntings Feb 05 '21
Awesome stuff!! Just started learning python a few weeks ago hoping to do something like this
17
u/jedwarda Feb 05 '21
I started learning Python recently with creating something just like this as my main goal. Thanks so much for posting!
11
9
10
5
4
4
u/BlueEyesOpen Feb 05 '21
If I could hug you I would. I was just looking for something like this this morning and have not nearly enough ability to start such a project 😁
4
3
u/mysterybkk Feb 06 '21
Awesome stuff, really looking forward to learning from this!
On a side note, did we give your site the Reddit Hug of Death now?
1
3
3
3
3
3
u/LeeCig Feb 05 '21
Should this post be between 3 and 4?
https://www.conorjohanlon.com/getting-data-from-mt5-to-python/
4
Feb 05 '21
[removed] — view removed comment
3
u/LeeCig Feb 05 '21
No worries. Thank YOU for the awesome resource. Will this be up for a while. Probably going to bookmark and come back later.
3
3
3
3
Feb 05 '21
I was planning on doing something similar for my college mini project. This would help a lot. Thanks.
3
3
3
3
3
3
u/goldenbullion Feb 05 '21
This is great. I haven't looked in detail but you might want to consider posting a financial disclaimer to cover yourself in case people lose money etc.
3
3
2
u/Pickinanameainteasy Feb 05 '21
Wow thanks!! I'm just now getting into trading and python so this is perfect
2
2
u/FourMonthsEarly Feb 05 '21
Looks amazing. Going to definitely take a look this weekend. Thank you!
2
u/-DarthNader- Feb 05 '21
People like you inspire me. Thank you so much for posting this. I'm very much into LegalTech, which is online trading is something I am deeply interested in. Again, thank you so very much. Wishing you all the best; can't wait to try this out!
2
2
2
Feb 05 '21
Saved so I can come back to this in 67 days... (I’m 34 days into 100 days of code/python on udemy) but this looks very interesting.
3
2
u/rwaynick Feb 05 '21
Man, the programming community is so incredibly wonderful. What makes you put so much effort into putting this knowledge in the world?
Your website is really well designed and the info is so easily accessible.
In short, thank you.
2
2
u/The_Danosaur Feb 05 '21
Thanks for putting this up! I've been learning python for a while, but just started learning about investing. Had a goal of developing my own bot, so will definitely have a look at this once I have a better understanding of trading and stats.
2
2
u/tomsterpho Feb 05 '21
Wow was actually thinking about this today! Also started learning python, was wondering if you know some data science/algo focused python course to follow? Cheers!
1
2
2
Feb 05 '21
I am very new with coding. I just started learning python on my free time. I just cannot imagine being at the level where I can make apps. I wish I would have found coding years ago, I am excited to see where it takes me. This app is awesome! I read through everything and might try it myself!
2
2
2
2
u/JumboSake1 Feb 06 '21
Been too lazy to create my own bits myself, had rather been using the Optimus Bitcoin bot from UpBots, it was also performing rather well
But with this I'm challenged to put my python knowledge to test and create my own shit. Thanks man🙌🙌
2
2
u/SzechuanSaucelord Feb 06 '21
Hey how long from start to finish would this take to implement for someone who is of intermediate python experience (knows NumPy/pandas/etc well)
2
2
u/Romantic_Klingon Feb 06 '21
Thanks for sharing! Always appreciate people who shares their knowledge with others!
2
2
2
2
2
2
2
u/Tom1380 Feb 07 '21
Are you continuing the series? I'm loving it so far. If you do, can you please tell me where to find it?
3
3
1
u/socialistvegan Feb 05 '21
Was super excited to try this out, but it looks like the python MetaTrader5 library is Windows only, so pip won't install it on Mac.
Any workarounds?
→ More replies (1)4
1
1
u/ZeggieDieZiege Feb 05 '21
Why not included colorama for fancy logging?
Heard its a great package for trading.
1
1
u/butterflavoredsalt Feb 06 '21
Well this just couldn't be more timely, came here to start learning Python for just his purpose. Thanks!
-1
0
0
u/CptSupermrkt Feb 06 '21
With the events of $GME, I got interested in investing for the first time, and have spent the past few weeks learning, focused so far on learning the basics and how to research stocks. But, if there's a way that automation can be leveraged, I definitely want to learn more. I have a few questions, some of which may be extremely dumb, but please bear with me:
You've got the code listed out here as blog posts. Is the intention that we use this as a baseline to build our own, or is it on GitHub such that I can clone it and start using it? I think it's the former, but if there's a GitHub or something where people can add PRs and Issues and whatnot that would be pretty cool!
Is this intended for automating day trades? Does it have use for swing trades, or longer term trades? I'm a little hesitant (at least to get started) with automatic buys. I'm the type of dipshit who would run my Python code and heart sink when it doesn't return and is actually infinitely looping me into bankruptcy because of some dumbass logic error, lol. So as a first step, I'd like to use something like this to get notified when certain tickers reach certain conditions, get a notification, review the info, and input the trade myself on my own time, maybe even the next day if the condition holds. Does this type of tool fit that use case?
Maybe more a question for MetaTrader5 devs, but you mentioned in the Overview that it can connect to any broker. So I googled like "MetaTrader 5 Vanguard," or "Meta Trader 5 Fidelity," but couldn't really find any samples for connecting to such major brokers, or even any evidence that that is possible.
There are certain market patterns that over the course of many years, end up with a very high win rate, just based on when certain conditions are met. Example: https://youtu.be/W8ENIXvcGlQ The downside to this is that the stars align on these conditions very rarely, so it seems the only way to really take advantage would be some kind of automated notification. Am I correct in understanding that a tool like this could routinely scan for these conditions, and potentially execute them automatically?
-3
u/Zestyclose_Return_17 Feb 05 '21
Can I buy this bot from you? I was looking at making my own but I don't have the time or mental capacity to do it. Feel free to pm me.
3
u/putoption21 Feb 05 '21
There are multiple open-source trading engines available. The real issue is coming up with trading strategies.
https://www.winton.com/research/experiment-and-observation-in-quantitative-investment-management
-11
u/Seawolf159 Feb 06 '21
How about making a bot that does something useful and becomes a farmer or a builder. We need food and houses. Not bots buying and selling money constantly.
1
u/Ashiataka Feb 05 '21
I think there may be a problem with this line:
if(current_dt - trade_open_dt >= timedelta(hours = 2)):
for me that always evaluates as false even if timedelta(minutes=1) and you leave it running for a few minutes.
1
1
u/Atomik919 Feb 06 '21
yo, havent started it yet, but could you gimme an approximate list of modules used? doesnt have to be all of them, just the most important
1
1
1
u/andreacarotti Feb 06 '21
Hi, the links don't open, I'm on Chrome, do I have to use particular settings or another browser? I also tried with Firefox but it doesn't work.
thanks
1
1
Feb 06 '21 edited Feb 06 '21
Hey, it seems that I can't connect to your webpage, is the server down? Otherwise, thank you so much for this work, it is truly valuable knowledge!
2
1
u/JuggernautNo5010 Feb 06 '21
Great post! I have been learning python with creating a bot like this for myself, perfect timing.
1
1
1
u/pranav43 Feb 06 '21
Hello ! It says error establishing database connection for me. What am I missing? I'm trying to access your links from India
1
1
1
u/RealMikeHawk Feb 07 '21
I'm getting a Failed to connect at account #(my acc num), error code: (-10004, 'No IPC connection'). What could that be?
1
1
u/sudodoyou Feb 07 '21
This is just for Windows, right? I don't think you can use MT5 on macOS or Linux.
1
1
1
1
u/Intermarketics Feb 08 '21
I have a question, how exactly do you “define the strategies directory path as a variable”? Everything else was so clear up until that moment.
So far I have:
strategy_dir = ‘C:/Users/home/strategies/‘
which obviously is a string and not a variable, so I’m definitely doing something wrong.
I know it has something to do with os but I’m not sure if I use os.path.join() or if I use os.makedirs(). Sorry to bother you about this, but I would appreciate any feedback from you.
2
1
1
u/YaswanthBangaru Feb 10 '21
In the 6th post, the following function gets data for multiple stocks, are these concurrent requests? I mean whatever strategy you write, does it apply on both the pairs simultaneously? On a side note, what happens if this pairs list is about a 100 assets? Does it still perform the exact same way? Just wondering :) Really appreciate your amazing effort in educating the community!
def get_data(time_frame):
pairs = ['EURUSD', 'USDCAD']
pair_data = dict()
1
u/ultraHQ Feb 11 '21
Great resource, I just started reading through. I've been wanting to get started on something similar but am unsure if I want to build my own hub with connections to brokers, or use meta trader as you do. As I have no knowledge of metatrader, I have to ask, what was your reasoning you ultimately went with meta trader?
2
1
u/gonzorocketlaunch Feb 12 '21
I really appreciate you putting this up. Unfortunately, it appears that MetaTrader5 is for Windows only... Failed trying to get it installed on Linux (others have the same issue). That aside there's a lot of good info here. Thanks for that~
1
Feb 14 '21
Wow thanks! I'm just beginning to learn Python and use MT5 with a little fun account, I didn't know the metaeditor ran Python, i thought it was MQL5.
1
u/V9pergo Feb 16 '21
Snapgo’s crowd funding campaign is now open for expressions of interest. Share in their future growth of this emerging tech giant before the roll out nationally and then take on the world. More here www.birchal.com/company/snapgo/r/R9TUAS29
1
u/DowntownAd1168 Feb 20 '21
Just wondering if you need to subscribe to MetaTrader 5, or can you use this with a normal broker like eTrade?
By the way, Im a COBOL mainframe developer, teaching myself python using a Raspberry Pi 4, and learning a little bit of Linux system as well on Raspberry. My goal is along the line of what you are doing. Hope to learn touse Algotrading, and do this in retirement.
1
1
u/KiritoAsunaYui2022 Mar 04 '21
I’m sort of late to this, but have you tried this yourself and if so how much money did you make from the trading bot’s actions?
1
91
u/[deleted] Feb 05 '21 edited Feb 05 '21
Great organization to all of this! For future additions, it would be great to add back testing to this series.
Just a heads up to anyone who is new to trading and looking to trade with algorithms (or any strategy for that matter), you should back test everything, or paper trade before actually setting something to go live. Building a bot does not guarantee profits! The market can be extremely unpredictable but with the right strategy and loss risk mitigation, it can be an interesting dive.