My project for testing and automation

Forums ProRealTime English forum ProOrder support My project for testing and automation

Viewing 8 posts - 1 through 8 (of 8 total)
  • #234007

    Hi guys,

    I have an algorithm I initially want to back test. It uses a 5 minute timeframe with Bollinger bands with 1,2 and 3 deviations from the hourly timescale.

    If my back testing is successful I will want to automate the algorithm for live trading, I trade with IG.com

    A few questions :-

     

    1. Are the ProRealtime programming tools suitable for this project?
    2. How much back testing data is available, on IG on the 5 minute timeframe I can only go back to November 2021, ideally I would like to backtest 5 years
    3. I am an experienced programmer and I’ve done the introductory course for indicator building, what other training would you recommend to prepare me for my project? is the training free of charge or should I pay for it?
    4. Does the Bollinger function support setting different standard deviations from the programming interface as it does from the user interface, if so, how are these arguments specified?

     

    Thanks in anticipation.

     

     

    #234023

    Hi!
    Congrats for your first strategy!!!
    I will try to answer your questions:
    1.- Yes, PRT tools allow you to run your bot.
    2.- It depends on the instrument and your account. If you have premium account you can open 3 charts of 1 million candles. As an example, in EURUSD in 5 minutes timeframe you can backtest starting on march 2011.
    3.- In the market place you have an advance training (paid course). Of course, this forum is one of the best places to learn.
    4.- By default Bollinger Bands are defined with 2 std. If you want to change the best way is create your own BBs.

    1 user thanked author for this post.
    #234032

    I do not know what kind of account I have, I trade with IG and they give me access to ProRealtime for free, if I execute a certain number of trades per month. I will ask their support, but currently on USD/JPY I can only go back 200k 5 minute periods.

     

    I will probably go ahead and take the advanced coding course, I think for the cost it will give me a faster start.

    #234037

    I spoke with IG and they told me that to get an account which supports 1 million periods, I must cancel my account with them and sign up with you, then re-open my IG account, is there any way around having to do this?

    #234046

    You can contact with PRT by phone and they will answer all your doubts.

    1 user thanked author for this post.
    #234056

    I’ve been using PRT for 8 years and never felt the need for 1,000,000 bars!

    Maybe it’s my age, but too much of life goes by waiting for 1,000,000 bars to optimise.

    Have you tried to optimise your Algo on even 200k bars  … you okay with how long it takes  Morpheous?

    You could likely open a PRT Account on Premium PRT ( to get 1,000,000 bars) using a different email address than you used on your IG Account?

    Get a few Algos coded up and running and then take a view if you even need 1,000,000 bars?

    if you code an Algo to run on 30 mins TF … historical data over 200k bars at 30 mins TF would be more than 1,000,000 bars at 5 Mins.

    Just a few thoughts to consider.

    Happy Coding! 🙂

    1 user thanked author for this post.
    #234059

    It’s a good point about the demo account, thanks for that.

     

    I’m currently back testing 1 year of 5 minute candles by hand, as I want to optimise by actually seeing the chart with my eyes, once I am satisfied with that I will code and indeed run a back test on 200k bars of 5 minute, maybe that will be enough, I will take a view after I have tried it. Probably the more data the better with quantitative  analysis.

    1 user thanked author for this post.
    #234064

    I tried the code you provided, cool 🙂

     

     

     

Viewing 8 posts - 1 through 8 (of 8 total)

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