Creating a trading system from scratch

[vinit_7801]

@UberMachine what happend sir nowdays you seems very very busy...!!!
no further development of system?

 

[UberMachine]

Actually, I am trying to port this framework to Excel so that you can run these backtests by creating the rules in Excel.
You can try out the examples or could raise any further queries on how to improve the system.

 

[vinit_7801]

Just wanted if possible a pivot based system where you buy at support and sell at resistance according to nifty biases...!!

 

[UberMachine]

Just wanted if possible a pivot based system where you buy at support and sell at resistance according to nifty biases...!!

Yes, you can do it (assuming its intraday)
Going by the classic method, you need to add the following columns

1. Pivot point
2. S1,S2,S3
3. R1,R2,R3

So, 7 columns.
Then, you can try out different prices for entry or exit. Such as S1,R1 etc.,
Note we need to create 6 different strategies and then select which point works the best (My intuition is everything should be more or less the same).
Would try to post code for the strategy this week

 

[vinit_7801]

really thank you sorry for bothering but you dont know how many people are just dependant on your system...really great work..!!

 

[UberMachine]

really thank you sorry for bothering but you dont know how many people are just dependant on your system...really great work..!!

I am quite surprised that people are following my system (actually it has a pretty bad month in NOV).
If that's the case, then you can expect more systems starting next year

 

[vinit_7801]

well automated orders proper accurate backtesting....what else do you need.... just that if it would have more strategies...it would be better...!!!

 

[VJAY]

I am quite surprised that people are following my system (actually it has a pretty bad month in NOV).
If that's the case, then you can expect more systems starting next year

Dear UB,
Every method have bad patches....there is no such a method that give only winners...so IMO your method too make money as its have good MM in built.only thing one need to regidly follow it

 

[UberMachine]

Dear UB,
Every method have bad patches....there is no such a method that give only winners...so IMO your method too make money as its have good MM in built.only thing one need to regidly follow it

Exactly . I missed a couple of good days this month.

 

[prabhsingh]

Dear UB,

Will that be correct to say that rapid.py is the file that needs to be executed because it has main method and secondly will that be correct to say that main method needs to include "backtest_from_excel" so that this method gets called.

Kindly can you confirm because if i execute rapid.py in its existing form it wont do anything except just print 'Hi'.