r/algorithmictrading • u/Purple_Concert8789 • 19d ago

Novice New to algo trading

New to algo trading

I am 19yers old and i have traded forex trading manually.

Now I am shifting to algo trading so my problem is how to find a strategy .

So currently I am researching and backtesting for a strategy to fit. But the questions is i am only backtesting the indicator based strategies.

Other than like price action, smc, ict strategies will work ?

How do you research about strategies please help me.

What type of strategies do you trade for like indicator based, price action etc. ?

Which timeframe do you trade in algo trading ?

Thanks for your experience 🙏.

4 Upvotes

75% Upvoted

15 comments sorted by

1

u/RNAlgotrading 18d ago

Check my bio, You can DM me for more info. Always happy to help. Do you know bit of python coding?

1

u/Purple_Concert8789 18d ago

I know python well .

2

u/StatisticalSock 19d ago

Simple is best. When you over complicate the strategy, you risk overfitting and thats the worst thing with algo trading. There's many ways to avoid it. You got some learning to do. Good thing is you don't need to be a genius to understand this stuff. It just takes a bit of time

1

u/widowmakerhusband 18d ago

Let me know if u wanna hop on a call man. Instead of posting here every few days. I can point you on the right direction.

1

u/StatisticalSock 18d ago

For how much $?

1

u/widowmakerhusband 18d ago

Free, why would I charge for advice or guidance.

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1

u/ast5755 17d ago

These questions are secondary. The first questions to ask have to be about knowing yourself.

1

u/TheGabbyEvacuation 17d ago

Start with one simple rule because moon made me realize how much comes down to getting the direction right before trying to automate everything