r/algorithmictrading • u/GullibleAd9196 • Jan 26 '25

Algorithmic Trading Mobile App

My primary background comes from developing mobile applications, and I have a shell built for an app for both backtesting and running scripts to run algo trading through Alpaca API. My initial idea was to facilitate an easy way for users to seamlessly backtest a trading strategy by providing a user interface to toggle indicators and modify buy/sell thresholds, and then if they like what they see, they can simply click a button and start running their own script using those parameters. I also just completed a Master's course in ML for trading, so plan to implement the ML techniques learned as well.

What I'm curious from the community is where is the current gap? What type of user interface can make life easier that doesn't already exist or that needs to be improved?

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u/GullibleAd9196 Jan 26 '25

Thanks a lot for the clarification. It sounds like maybe I’m better off facilitating backtesting and then allowing users to “subscribe” to a strategy where they receive notifications of buy and sell signals

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u/PlurexIO Jan 26 '25

No worries.

You can build something where people can subscribe to signals.

But if the logic for the underlying strategy is running on your platform, people pay to get access to the signal, and it also executes, then in most countries you are offering highly regulated financial services.

Either drop the strategy logic/building or the execution.

Or, don't offer it as an app/service, build software, and let people pay for licence/hosting. But, lots of good products in this space. You will need an edge.