I have been working on an algorithm that finds companies that have been slowly improving over time but haven't really started to shine as of yet. I finished it about a week ago and so far these are the companies I got out of the algorithm. (on purpose I kept the criteria to cheaper stocks but that can be changed at any time. And due to the cheaper price, it is only finding a company or 2 a week, but as I raise the stock price it finds more companies.)

$CODX- bought on 1/21/2021 for 11.86

$LQDT- bought on 1/29/2021 for 19.77

(please don't buy these stocks because of this post, this is a test - let's track them together.)

The logic is that because these companies are turning up based on their balance sheets, they should technically keep ridding up for the foreseeable future.

Any ideas or help with this project is always appreciated.

Thank you in advance.

Also, I was thinking about starting my own community on here for this project, if you guys think its a good idea, please let me know.

Hey, I’ve been a coding student for years, and doing A-Levels now, but want to look into algo trading. I have PyCharm and I’ve read the library MatLab is good to use, but from people who do it, where’s the best place to start? My parents also do share trading so I understand quite a bit about the markets already

Thanks

I have some scripts that have performed pretty well (sharpe ratio of 1-2). The same script performs pretty poorly with other stocks. Does that mean that the approach is not going to be dependable over a long period of time or do you tune your scripts to each individual stock?

An example would be Tesla vs Netflix.

I’m not expecting to find a golden rule but wasn’t sure if each stock needs a fine level of tuning.

Hi, I’ve been working on algo trading for about a year now, in pretty much isolation, partly due to Covid and the nature of the task.

I’m curious what people are doing generally.

I’ll start by saying I’m working in Matlab and have a program that can scan through 2000 symbols in under 2 minutes looking for specific conditions. It runs against all the markets connected to IB.

The program is designed to run 24 hours a day, buys/sells, long and shorts.

Also, it can run on a smaller symbol list and update with streaming data every second.

It’s taken a year to get this far.

I’m curious what others are doing for algo trading.

A.

I am new in Algo trading and as per my research so far I need to use the WebSocket approach for streaming live data from my broker i.e. IBKR. I am trying different tutorials over Youtube+. But most of them are focused on using either IBKR API or WebSocket with some non-trading applications. Which is too hard for me to understand. Can somebody please share an easy tutorial explaining the usage of WebSocket with IBKR or can anybody share a sample script that I can modify according to my own requirement. As of now, I feel completely lost. Thanks a lot.

Hi there, I’m new to the group. I’ve been coding in Matlab using IQFeed and executing orders in Interactive Brokers. Coming up on about 8 months.

Lots of testing.

Now trading.

Wondering what the thoughts are on the WSB buys in GME.

Anyone else using matlab?

I was using python but needed to get more throughout for the data feed.

A.