| |
 |
|
|
Finance & Stock Groups Forum Index » Stock Investments » programming for automated stock trading
Page 1 of 1
|
| Author |
Message |
| Collaborate |
Posted: Sat Nov 29, 2008 11:27 pm |
|
|
|
Guest
|
I am interested in writing a custom code that would draw real-time
ticker data, say from Yahoo Finance, and perform mathematical
calculations to make daytrading decisions. For example, the code
would
execute the following: "if the stock drops by 5% from the day's open
price, buy x number of shares, then sell if goes up by 3%". I'd like
to use this app. with a discount broker account (Zecco Trading or
SogoTrade).
More sophistication can be added later by gathering market data from
various online sources to make the trading decisions (such as taking
into account the change in the DJIA, VIX that day, the resistance
levels, etc.)
Since discount brokers do not offer APIs for this purpose, the custom
apllication will need to imitate the manual actions of buy and sell
(enter the price, number of shares, click on the buy button, etc.).
This is one way I can think of for placing the trades automatically
although there may be other ways I am not aware of.
I was wondering if anyone had suggestions on what programming
language
(s) would be most suitable for writing the application that I
described. I'd appreciate your comments. |
|
|
| Back to top |
|
| Blash |
Posted: Sun Nov 30, 2008 7:04 am |
|
|
|
Guest
|
Collaborate wrote on 11/29/08 6:27 PM:
Quote: I am interested in writing a custom code that would draw real-time
ticker data, say from Yahoo Finance, and perform mathematical
calculations to make daytrading decisions. For example, the code
would
execute the following: "if the stock drops by 5% from the day's open
price, buy x number of shares, then sell if goes up by 3%". I'd like
to use this app. with a discount broker account (Zecco Trading or
SogoTrade).
More sophistication can be added later by gathering market data from
various online sources to make the trading decisions (such as taking
into account the change in the DJIA, VIX that day, the resistance
levels, etc.)
Since discount brokers do not offer APIs for this purpose, the custom
apllication will need to imitate the manual actions of buy and sell
(enter the price, number of shares, click on the buy button, etc.).
This is one way I can think of for placing the trades automatically
although there may be other ways I am not aware of.
I was wondering if anyone had suggestions on what programming
language
(s) would be most suitable for writing the application that I
described. I'd appreciate your comments.
Walk along Wall St. There are probably many guys selling apples who will
sell you their "system" cheap........ |
|
|
| Back to top |
|
| catalpa |
Posted: Sun Nov 30, 2008 7:59 am |
|
|
|
Guest
|
"Collaborate" <tolga10@yahoo.com> wrote in message
news:9ec852f4-059f-4499-9b4c-7d3a5c28b96a@o2g2000yqd.googlegroups.com...
Quote: I am interested in writing a custom code that would draw real-time
ticker data, say from Yahoo Finance, and perform mathematical
calculations to make daytrading decisions. For example, the code
would
execute the following: "if the stock drops by 5% from the day's open
price, buy x number of shares, then sell if goes up by 3%". I'd like
to use this app. with a discount broker account (Zecco Trading or
SogoTrade).
More sophistication can be added later by gathering market data from
various online sources to make the trading decisions (such as taking
into account the change in the DJIA, VIX that day, the resistance
levels, etc.)
Since discount brokers do not offer APIs for this purpose, the custom
apllication will need to imitate the manual actions of buy and sell
(enter the price, number of shares, click on the buy button, etc.).
This is one way I can think of for placing the trades automatically
although there may be other ways I am not aware of.
I was wondering if anyone had suggestions on what programming
language
(s) would be most suitable for writing the application that I
described. I'd appreciate your comments.
Why not use a discount broker that has an API (Interactive Brokers) or its
own automated trading language (TradeStation)? |
|
|
| Back to top |
|
| |
|
Page 1 of 1
All times are GMT
The time now is Wed Jan 07, 2009 9:57 pm
|
|
|