How To Build A Trading Bot In Python

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  • Опубліковано 7 гру 2022
  • This video shows how to use APIs in python to build a live trading bot. The market is scanned by the bot and the prices are downloaded for analysis. A simple strategy is presented to generate long and short signals using engulfing candles as an example. Buying and selling orders are executed from our jupyter notebook file. It's a very powerful method that you can implement to test any strategy live in real time for as long as you wish... and it's all free you don't have to pay for the practice oanda account nor to use python so nothing to loose!
    💲 Discount Coupon for My Udemy course on Algorithmic Trading:
    bit.ly/CouponAlgorithmicTrading
    The jupyter notebook file can be downloaded from the following link:
    drive.google.com/file/d/1akgy...
    Good luck and thank you for following!

КОМЕНТАРІ • 590

  • @LaRoccaAlessandro
    @LaRoccaAlessandro Рік тому +196

    Hey buddy, FYI your jupyer notebook is coming with all data readabled, which means we can see your accountID and userID

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому +47

      Thanks for this ! I didn't pay attention to it will try and fix it tomorrow 🙂 (anyway it's a demo account)

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому +33

      drive.google.com/file/d/1akgyiR2lFOPT3OLjLTc142vtHkts2x-q/view?usp=share_link
      It should be fine with this link, thanks again!

    • @pun3203
      @pun3203 Рік тому +21

      Haha. LEGEND!

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому +3

      @@pun3203 I didn't even recheck my details might be still there lol

    • @venomas100
      @venomas100 3 місяці тому

      @@CodeTradingCafe Hey, I hope you're are still able to answer questions, because I am facing an issue with accessing the jupyter notebook. As it requires a token ID and password

  • @MrQuinn1012
    @MrQuinn1012 Рік тому +40

    Very happy I stumbled upon this video often times videos on this subject lacks so much information but you laid it all out, very detailed and showed examples. Thank you!

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому +1

      Thanks a lot for your support, I am glad you liked it

  • @Crash3214
    @Crash3214 Рік тому +12

    I just came across your channel a few days ago and all of your content is gold! I've been hanging off of your every word. Thank you for explaining everything in such a clear way.

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому

      Thanks a lot for your support, appreciation really counts!

  • @white_sheep_media_business
    @white_sheep_media_business Рік тому +49

    These videos are so helpful. I was able to build my own using my Robinhood account. I shared it on my channel along with the scripts.

  • @thinketh2408
    @thinketh2408 Рік тому +3

    thanks man ... very much appreciated ... may god bless you .... first time i skipped the video a minute .. after searching for pure python solution for placing trades which does not depend on MT5 in any way .. soon after tiresome searches again landed on the video and pretty much found every thing had been looking for... thanks

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому

      Thank you for your support 😊 I am happy you're enjoying these topics, good luck

  • @cctvshoppee583
    @cctvshoppee583 Рік тому +2

    just saw you video and can say one of the finest video , i have ever seen. Keep it up sir.

  • @federicopanichi9874
    @federicopanichi9874 Рік тому +4

    You deserves for 1 million subscribers ! amazing classes

  • @sheilanfc
    @sheilanfc 6 місяців тому +3

    Thank you, it is very helpful for me who is studying in the Nusantara FX Community class

  • @ast3077
    @ast3077 Рік тому +10

    Thank you for this video, I used to practice on the OANDA platform and years ago wanted to make a trading bot, got sidetacked. Thanks to this well done TuT you've inspired me to get back into trading and also motivated me to tinking witha trading bot that I can fine tune and experiment with. I sincerly thank you for this video. Good work bud keep it up. I have too many unfinished projects. This is one I am going to start immediately, straight to the top of the list of fun programming projects to do that have some real world benefits. Thanks again bud

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому +2

      Thank you for your support, I am researching some ideas hopefully will get interesting ideas soon into more vids. Good luck to you!

  • @brytonalley9356
    @brytonalley9356 Рік тому +22

    I only took a c++ programming class in highschool, but im super into stocks and i cannot wait to learn how implement coding to create a bot. This is two worlds coming together for me

  • @aliandy.jf.nababan
    @aliandy.jf.nababan Рік тому +1

    As an analyst, we're always buy stock after looking at macro economy, financial release on fundamental side, then we see technical analysis like MACD RSI Bollinger Bands Fibonacci etc (plenty more) which are commonly used to detect buy or sell momentum. When I see your headline video I thought you're build those.
    Still your idea by JUST to create automatic cut loss transaction algorithm is USEFUL, not bad. Many trader out there using that strategi when realizing they made wrong transaction in stocks.

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому

      Hi thank you for your comment, I understand trading from 2 points of view Fundamental and Technical, these are completely different. Fundamental trading relies on analysis but my take is that you never know WHEN the move will happen when using fundamentals, for example you know Gold will rise during major events (war Russia-Ukraine or US conflicts in the gulf) but you never know when and by how much. Technical school is different and as a Data Scientist I really enjoy the numerical analysis approach, sometimes statistics can reveal good hints.

    • @aliandy.jf.nababan
      @aliandy.jf.nababan Рік тому +1

      Man, on fundamental side what need to figure out leading ang lagging economy indicator and those my friend @CodeTrading are measureable with math and economy. My lack expertise are in coding, I'm aware javascript and macro but no experience on Phyton.
      If you're able to script algoritma for buy at bottom 20% of RSI and sell at top 80% signal, or by make automation buy or sell when MACD cross over signal happen, even combine those as like multiple priority Equity finding (kinda Machine learning), you are DEFINITELY THE MAN. Cheers bro.

  • @senteix2
    @senteix2 Рік тому +1

    this is the most useful video you have made thank you, I already learned some mql4 to do some bots and it has some advantages but in the future I will move to python maybe

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому

      Thank you for your support, good luck with your research!

  • @denijane89
    @denijane89 10 місяців тому +4

    Thank you for the code, I was looking for a way to code a strategy tester in Python but I abandoned the idea at the time as I didn't know how to get the data. Now I can return to it. Thanks a lot!

  • @PoivronJaune
    @PoivronJaune Рік тому +19

    Great video, I was able to implement it using a copy of your Notebook and a demo account. It is cool to see our trades in the Web Browser of the demo account.
    If not too complicated, it would be a nice addition to check (using the API) if we are in a position and not buy multiple positions at the same time.
    Great stuff!

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому +1

      Hi, happy it worked, I will check for single trade at a time. Good luck to you!

    • @orolimomov5866
      @orolimomov5866 Рік тому

      How is your demo performing? Are you making profit?

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому +1

      @@orolimomov5866 Hi, this is just a demo not a full strategy it was just to show how to connect from python.

    • @user-rt8zy3ql1s
      @user-rt8zy3ql1s Рік тому +1

      how is it going so far?

  • @antagonizeracing
    @antagonizeracing Рік тому +3

    Thank you so much! You explained this so well

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому

      Thank you for your support! it's motivating to know that these videos are useful.

  • @CricketKBrown
    @CricketKBrown Рік тому +4

    Eres un excelente maestro, muchas gracias por tus explicaciones tan claras.

  • @aingo6521
    @aingo6521 Рік тому

    Thank you sir ! love your work and your channel so far

  • @elmaridrisov2491
    @elmaridrisov2491 Рік тому +10

    Haven't even viewed the video yet, but leaving the comment for algorithm. Wishing you a million subscribers asap!

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому +7

      This is one of the most generous comments ... Thank you so much, wishing you a million dollars in return 🙂
      Edit: asap as well

    • @mananazhar9207
      @mananazhar9207 Рік тому +1

      But why

  • @sureshpatil7005
    @sureshpatil7005 Рік тому +1

    Thankypu. This was exactly what I was looking for as a starting point.

  • @viaanfc
    @viaanfc 9 місяців тому +1

    wow cool thank you for the update, especially for me who is a beginner who is learning and joining the Nusantara Fx Community

  • @maurolimaok
    @maurolimaok Рік тому +2

    Thanks for the channel.
    I'm studying coding 101 now, and hope to begin investing sometime ahead.
    This knowledge will be valuable for me.

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому

      It's a nice hobby, I hope you will enjoy it as much as I do. Good luck!

    • @maurolimaok
      @maurolimaok Рік тому +1

      @@CodeTradingCafe More than a hobby. I'm a 55yo unemployed guy in Brazil, and with Lula in charge, things are getting worse very fast.
      My hope is to get some remote job and invest overseas, just to have some life. The number of co. closing doors is rising, and fast.
      As soon Trump, Bolsonaro and other conservatives return to office, and the Market become trustable again, this knowledge will speed my financial recover.

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому +2

      @@maurolimaok if I may provide a modest advice, don't do trading while chasing money it is a 100% failure recipe, emotions are tricky! Have a steady job with income, once this is settled expand slowly into trading and investment. (and out of experience passive income doesn't exist any investment requires constant monitoring).

    • @maurolimaok
      @maurolimaok Рік тому +1

      @@CodeTradingCafe Unfortunately that's not an option for me for a while. I lost the money I nad due to home distraction while I was trading. Arrgghhh! Lesson learned. KKKK
      But I'm trying to get a micro business running, so I could have SOME income, at least.
      Thanks for the advice. I'm aware of it.

  • @Zenoandturtle
    @Zenoandturtle 9 місяців тому +3

    Great video. I’ve done some programing in C++ & Java but I am new to TradingBot. Very insightful. Great presentation.

  • @davidbristoll195
    @davidbristoll195 10 місяців тому +1

    Top quality video, thank you for creating!

    • @CodeTradingCafe
      @CodeTradingCafe  10 місяців тому

      Thank you for your support, glad you liked the video!

  • @chaddsmith3354
    @chaddsmith3354 Рік тому +1

    Thank you so very much! Great video!

  • @LegendaryLlama_
    @LegendaryLlama_ Рік тому

    I am happy to find this channel.

  • @cosmicdive
    @cosmicdive 7 місяців тому +1

    The automation itself is good. The signal generation I would use as a template. Great video nonetheless!

    • @CodeTradingCafe
      @CodeTradingCafe  7 місяців тому

      Hi, thank you, you are right this is just a template model, we need to replace the signal with a more complete one.

  • @devsunny10
    @devsunny10 Рік тому +1

    Thank you so much, lots of love !!

  • @red_rassmueller1716
    @red_rassmueller1716 Рік тому +1

    Very helpful. Thank you!

  • @vaabroinnabro6952
    @vaabroinnabro6952 11 місяців тому +1

    i really enjoyed your videos brotha !

  • @smokarcool4954
    @smokarcool4954 Рік тому +1

    right when i thought the world of trading and machine learning is hard, i find you channel wow dude, keep it,
    i want to see how would you deal with linear regression type of algorithms, can you do a guide please.

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому +1

      Thank you for your supportive comment. I use regression in some approaches in previous videos (channel detection mainly) but I never try to fit the price in a regression it doesn't work this way unfortunately. But more is coming and welcome to the club, happy you joined learning with us.

    • @smokarcool4954
      @smokarcool4954 Рік тому

      @@CodeTradingCafe absolutely 💗👌

  • @AZG324
    @AZG324 Рік тому +2

    My guy! What a channel!
    Question, can you make a bot that makes financial decision based on news???? And how would you do it? Because I assume there are words in the news that are good/bad. So can you make a video of news trading? And how would you make it?
    If no, thanks anyway, great video.

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому

      Hi thank you! Actually it's not very complicated python can scrap webpages and social media for news and discussions and evaluate the market sentiment, the challenge is to have access to good news sources, and ... we don't know when the effect of the news will take place is it long term or short term, but all in all it's not complicated to have a first version of such a code.

  • @santhoshdasari7
    @santhoshdasari7 Рік тому +1

    Good one!!!… thanks for sharing…

  • @dwarakid3663
    @dwarakid3663 Рік тому +1

    good info ..it was easy to understand

  • @lennard4454
    @lennard4454 Рік тому +1

    When opening a long position, Oanda will allow a tp / sl if it's above / below the ask price. When opening a short position, the tp / sl has to be below / above the bid price. In the code however, we used the bid price to calculate everything? With Bitcoin (there is quite a gap between ask / bid for BTC on Oanda) and using the scalping strategy from last video, it calculates invalid tp / sl, which Oanda won't allow.

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому +1

      Yes you are right we need to get the spread first and include its value in SL and TP calculations.

  • @abdokarsous3521
    @abdokarsous3521 8 місяців тому +1

    Nice and clean thanks man

  • @bipmix
    @bipmix 6 місяців тому +1

    great video! i was wondering about the jupyer file being different from the one you are using in the video and what it is intended for, and where the one you used might be downloadable.

    • @CodeTradingCafe
      @CodeTradingCafe  6 місяців тому

      Glad it was helpful! This is the same Jupyter file I used in the video I only had to remove my credentials of my personal trading account, check the pinned comments for update.

  • @Chuygbg
    @Chuygbg Рік тому +2

    I cant wait to code this. I found the video but im away from my pc but this, this deserves a watch

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому +1

      Good luck, maybe next I will put a full strategy live in a video... 🙂

  • @rahilyouness8331
    @rahilyouness8331 Рік тому +1

    thank you very helpfull videos

  • @victorbarge-zwick3565
    @victorbarge-zwick3565 Рік тому +1

    Hi mate ! Thanks for the video ! Instead of having stoplosses and takeprofits I would like to have a signal that close my sell or buy position. Do you know if there a way to identify the positions I opened in order to implement this strategy ? Because on your video you open positions but you cant really track them

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому +1

      Hi yes there is a way to check opened trades and close them if needed in backtesting module I used something similar in a video on Rayner Teo Bollinger Bands strategy.

    • @victorbarge-zwick3565
      @victorbarge-zwick3565 Рік тому +2

      @@CodeTradingCafe Allright I'll check this out ! Thanks a lot for your help and quick answer :)

  • @mariomoheb
    @mariomoheb Рік тому +1

    Great work !
    I need to ask .. after creating the bot do u need to be close to the computer and work with it or just initialize and leave ?

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому +1

      You can initialize and leave it should be got automated, you can modify it to apply any strategy you want. But it is highly advisable to backtest any strategy before using it. Good luck!

  • @Dr.jayfrancis
    @Dr.jayfrancis Рік тому +1

    Good one as usual!

  • @homealone75
    @homealone75 Рік тому +2

    Thanks! I did not catch if you monitor open orders and positions, otherwise you may have a pileup of both many times over.

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому +1

      I don't at this point but the scheduler runs once every 15 min so it might happen, piling up open trades (not too many I guess). We can add a condition to avoid this.
      ... thank you for your support

  • @moaminbj9588
    @moaminbj9588 5 місяців тому +1

    very good thanks

  • @thehussains3100
    @thehussains3100 6 місяців тому +1

    great video! can i use other API's instead of Oanda?

    • @CodeTradingCafe
      @CodeTradingCafe  6 місяців тому

      Thank you! yes you can a lot of brokers are now offering Python APIs, need to go through their docs though.

  • @alexanderjrmuchimba8436
    @alexanderjrmuchimba8436 Рік тому +2

    Hey I love your videos they've boosted my trading 300%
    Next can you show how to integrate Reinforcement learning.. I have been working on a model maybe you can HELP!

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому +1

      Hey thank you for your support, reinforcement learning is a great idea to investigate, it doesn't mean it's guaranteed but curious enough to try it. I have it on my list since a while but time is tight at the moment. Good luck!

    • @alexanderjrmuchimba8436
      @alexanderjrmuchimba8436 Рік тому +1

      Thanks will be waiting

  • @musiclover1067
    @musiclover1067 10 місяців тому +1

    Love your work!
    Can you make a video on how to connect your bot on to MT5 please?
    Thank you!

    • @CodeTradingCafe
      @CodeTradingCafe  10 місяців тому +1

      Thank you! at this point MT5 is not needed for me if we can trade straight from python, do you have any particular reason for linking MT5 to python?

    • @musiclover1067
      @musiclover1067 10 місяців тому

      @@CodeTradingCafe Thank you for the reply!
      I was hoping to be able to connect python straight to MT5 and trade.

  • @VonSchelzen
    @VonSchelzen Рік тому +1

    I love your videos

  • @bwtknakhstr
    @bwtknakhstr Рік тому +2

    Very nice channel, thank you for your content. Say please do you have any video similar to this but for binance futures?

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому +2

      Hi thank you for your support, I don't have a demo for binance I hope I can do it in the coming year. Good luck!

  • @uchennagodfrey8343
    @uchennagodfrey8343 3 місяці тому +1

    Thanks alot

  • @tradewithtony
    @tradewithtony 5 місяців тому +1

    Nice one. Do you have a Video to this with MQL4 OR MQL 5 ? without dealing with API

    • @CodeTradingCafe
      @CodeTradingCafe  5 місяців тому

      Hi, I used to code in mql but moved to python for trading 10 years ago to try machine learning, I don't have videos about mql though.

  • @vishalsingh-ks4ji
    @vishalsingh-ks4ji Рік тому +1

    Mind blowing

  • @leandrogoethals6599
    @leandrogoethals6599 9 місяців тому +1

    so for reading live data from oanda wouldn't u use threading with a streaming api?
    For those small timeframes so u don't miss any "slow" api candles

    • @CodeTradingCafe
      @CodeTradingCafe  9 місяців тому

      Good question! I never thought of it because I usually trade above 1 hour timeframes, my favorite is 4hours. But I guess you are right for lower timeframes you need the faster approach.

  • @ninjaz5979
    @ninjaz5979 Рік тому +1

    Where do you find your account ID information on the OANDA API docs? I have my API key but don't see the variable for the Account ID anywhere... anyways thanks in advance

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому

      Hi, when you log in to your OANDA account you can find a list of your demo accounts or you can create/open a new demo/practice 'sub' account there, once this is done you will be able to see the account number on the list of accounts.

  • @adamcad5954
    @adamcad5954 Рік тому +6

    Hi, bro! I appreciate your video a lot it's very informative, I wonder if you would like to program the Quasimodo pattern with divergence it's a very useful strategy especially when it's combined with the supply and demand concept

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому +3

      Hi thank you for your supportive comment, I did something similar check it out I hope it helps ua-cam.com/video/Mxk8PP3vbuA/v-deo.html

  • @sadikelouahabi398
    @sadikelouahabi398 Рік тому +1

    Thank you.

  • @pandatech3245
    @pandatech3245 Рік тому +1

    Thank for the video i will try it ! By the way have you french accent ? And have you made money from your bots ?

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому +1

      Hi thank you for your support, yes I have a french accent I wasn't aware of it 🙂 because I am not native french. I made money from bots but I only program the bot to send me an alert on my phone and I take the trade manually, I can't work and live while an algorithm is playing around with my money 😂

  • @sadootaqoo981
    @sadootaqoo981 Рік тому +1

    Greatt video as usual, we still need a vps for continuous trading rigth?

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому

      Hi, thank you, ideally yes a vps but it's not needed for trying you can run this on your laptop for a week to see if it's rewarding.

  • @chibuikeanene5016
    @chibuikeanene5016 Рік тому +7

    Hey dude, love what you’re doing. I’m curious to know how long have you been live trading with this bot and how are the returns so far?.
    I am still a python beginner so If you can point me to the right resource to build my own algo then I’ll appreciate that. Thanks again💪🏽

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому +12

      Hey thank you for your support. Trading since 10 years, algorithms since 6 years, don't expect to be rich (8-12 percent yearly return) unless you put high numbers in there but will you risk it? (I don't like high risk not adrenaline rush lol so I kept it as a side hobby along with my job that is in a similar field).
      Edit: for programming check my python learning playlist

    • @chibuikeanene5016
      @chibuikeanene5016 Рік тому +2

      I’m also a trader and I know the realities lol. 8-12% ROI is decent and hard to come by in any investment. Maybe you don’t need to risk your own capital, you could try trading with some prop firms that allow it.
      Thanks I’ll check out your playlist.

    • @CaptainCsaba
      @CaptainCsaba Рік тому +4

      @@CodeTradingCafe Can I ask which strategies you use for this? I know you will not tell but I'll try anyway.

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому +13

      @@CaptainCsaba it's something very similar to the strategies I show in here but the lot size is not fixed it's proportional to a set of rules and the TP/SL also (I change these myself when the trade is opened), so in brief take any good indicators from this channel it's already half the strategy the other half is lot size and trade management. This is how I do. And by the way many people think a winning strategy is a very complex one, my experience is exactly the opposite, simple strategies are more rewarding.

    • @CaptainCsaba
      @CaptainCsaba Рік тому +1

      @@CodeTradingCafe That was very insightful, thank you very much!

  • @alexandersorbas1881
    @alexandersorbas1881 Рік тому +1

    Fantastic !!!

  • @ChristianLazoFuentes
    @ChristianLazoFuentes 3 місяці тому

    Hola Crack.. desde CHile un gran abrazo, soy nuevo en trading y agradezco tus videos y tu conocimiento me ayudan muchisimo.. Si puedes permitir el BOT en Discord te lo agradeceré mucho.. Saludos

  • @Powner187
    @Powner187 5 місяців тому +1

    Thanks.

  • @aurelberger6847
    @aurelberger6847 Рік тому +1

    Thanks for that great video! However, I can't find the BTC_USD pair. Is there any way to import live BTC data from oanda?

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому

      Thank you for your support, I tried to check their website they only mention "bitcoin" as the name of the instrument but couldn't find anything related to the python API I guess you can simply try the few sensible options see which one works (BTC_USD, USD_BTC, BTCUSD, USDBTC, bitcoin...) not sure if my comment is helpful sorry!

  • @DalazG
    @DalazG 8 місяців тому +1

    I love this, bought your python udemy course to help me learn coding. Would love if you had a focused one about learning to create and implement a python bot.
    Do you know how to implement learning ai for trading? Feels like it would be great for this

    • @CodeTradingCafe
      @CodeTradingCafe  8 місяців тому +1

      Hi thank you for your support. Learning AI you mean reinforcement learning, yes I have an idea on this I should start coding it soon, I will put it in a video here if it goes well (will require some time though).

    • @DalazG
      @DalazG 8 місяців тому +1

      @CodeTradingCafe ah that should be brilliant. Been looking for tutorials on binding an ai trading bot

  • @eliotharreau7627
    @eliotharreau7627 Рік тому +1

    Very nice Bro. What is the minimum unit size we can buy ? If I want to buy by example 0.01 units of EUR/USD ? Thank you and Best New Year :)

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому

      Hey this is NOT a complete strategy please check the video well it's an example strategy for a trading bot, the results were NOT backtested here, but my other videos present backtests as well, good luck!

  • @aakuthotaharibabu8244
    @aakuthotaharibabu8244 Рік тому +1

    I love the content but please use light mode screen because its difficult for visualization .

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому

      Thank you, I switched to dark mode because someone advised so 🙂 I guess we have different preferences. I will try to find colors in between dark and light.

    • @aakuthotaharibabu8244
      @aakuthotaharibabu8244 Рік тому +1

      @@CodeTradingCafe for writing the code dark mode might be great option but for video tutorials its better to use light mode because its visible for both dark and light environment of the audience . Thank you.

  • @TheJonnysmith10
    @TheJonnysmith10 Рік тому +1

    hi there! Interesting video, thanks for the time spent on it, I have the following error, any ideas what might be causing it?
    ImportError: cannot import name 'access_token' from 'config'

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому +1

      Hi thank you for your support. The error is because you either need a config.py file where you create a variable access_token, or you can directly do it in the python code and remove the "from config import..." I hope this helps

  • @antonmakarenko3110
    @antonmakarenko3110 8 місяців тому +1

    Awesome!

  • @Gustoking37
    @Gustoking37 Рік тому +1

    Good video

  • @rodrigomoreno8858
    @rodrigomoreno8858 8 місяців тому +1

    hello! Did youmplay your strategy on trading view? Or Where?

    • @CodeTradingCafe
      @CodeTradingCafe  8 місяців тому

      Hi, no directly from python, this is the purpose of this video.

  • @heenakowsar4538
    @heenakowsar4538 3 місяці тому +1

    Hi Can you make vedios how to install and broker which supports this algorithm please

    • @CodeTradingCafe
      @CodeTradingCafe  3 місяці тому

      You need to pip install oanda_candles and the other packages we're using.

  • @ventiladorbueno1846
    @ventiladorbueno1846 Рік тому +1

    Great !!!

  • @marcocetraro9675
    @marcocetraro9675 Рік тому +2

    Great video. I have been using Oanda API for several months already. Have you tried to obtain the Spreads of the pairs?

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому +1

      Hi, I haven't but I would assume there is a way to get the ask price the bid price and process the difference.

  • @dumbcat
    @dumbcat Рік тому +1

    i am a discretionary trader looking to get into automation. i sometimes trade multiple times per minute. not always, but sometimes. do you think python is suitable for such rapid trading? thank you

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому

      Hi, yes you can make fast trading algorithms in python, expected lag is less than a second per trade from python side, then you have the connection and other factors, but it usually works well.

  • @viktormarkus7291
    @viktormarkus7291 Рік тому +2

    If I'm right, your SLTP ratio is wrong. You doubled the SL and get a simple TP, but the code looks right, so I really don't understand this. Second, it looks like when your position opened, there is two bull cande before, so the buy signal conditions doesn't met. If this bot monitoring the last three candles and it includes the last bear candle, which get engulfed, how does it opened an order at that high? In that case the first candle which not closed never reached that price where the order opened.

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому

      Hi, this is just an example so you can change the SL and TP to your liking. Regarding the position opening, when an engulfing candle generates a signal it has to close completely so the position is fulfilled on the next candle coming after.

  • @reltihfloda9445
    @reltihfloda9445 10 місяців тому +1

    nice bot awesome code

    • @CodeTradingCafe
      @CodeTradingCafe  10 місяців тому

      Thank you for your support, glad you liked it!

  • @muhammadabdulmumeen2122
    @muhammadabdulmumeen2122 Рік тому +1

    Hey code trading. I've finally built my forex forecasting model thanks to you. My question is instead of SL and TP. I want my model to tell me to buy or sell or hold. Like a python code.
    Thank you as I'm looking forward for your help.

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому

      I am glad it's working for you, so instead of backtesting just let it print the signal on the screen, you can also make it send you an email it works good too.

    • @muhammadabdulmumeen2122
      @muhammadabdulmumeen2122 Рік тому +1

      @@CodeTradingCafe your email please.

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому

      Hi it's in the about section of the channel

  • @thinketh2408
    @thinketh2408 11 місяців тому +1

    Hi what is best sl and tp strategy... Should I place sl on local swing high/low or should it be based on atr/percentage of price?

    • @CodeTradingCafe
      @CodeTradingCafe  11 місяців тому +1

      My best answer is : "trader's job starts after the trade is opened", the reason I am saying this is to highlight the importance of managing you trade actively, SL and TP alone will not provide the best results, I am not saying will not provide winning trades but they will maximize your gains. That being said, I would use the local swing for the SL, and the TP depends on the SL with the TP/SL ratio. And don't forget that if the price moves in your favor you can close half the position and move the SL to break even for the other half that is still opened. I will be making a video about this very soon... it's time to tackle trade management. Good luck!

    • @thinketh2408
      @thinketh2408 11 місяців тому

      @@CodeTradingCafe thanks

  • @davidgg8462
    @davidgg8462 11 місяців тому +1

    i guess you are great !

  • @EmanuelDemetrescu
    @EmanuelDemetrescu Рік тому +1

    Great tutorial ! Thank you. Unfortunately the Google drive file seems to be not accessible. Can you restore the link ?🙏🏼

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому +1

      Hi thank you for your support! Please check the pinned comment with the updated link, let me know if it worked.

  • @MaterialBoy18
    @MaterialBoy18 Рік тому +1

    Do you think this is reproduceable for example for scalable capital?

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому +1

      Hi, this is not a full strategy just an example to connect from python, but I have backtested strategies in my previous videos.

  • @atinmehra5819
    @atinmehra5819 Рік тому +2

    Hey umm I am kind of new to this so I don’t really know much so can you tell from where i should start you know what to learn and stuff so that I can Create things like this ..

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому +1

      Hi, I understand, it's NOT hard but it does require some time ... 2 months practice you would be able to code your own strategies. The easiest is to start with my python learning playlist (check the playlists on this channel) it starts with basic python and evolves into pandas and financial data analysis within 3 videos in total. I hope this will help. Good luck! Don't get discouraged it is worth it.

    • @atinmehra5819
      @atinmehra5819 Рік тому

      @@CodeTradingCafe sure and thanks 😃

  • @cityofjoy8830
    @cityofjoy8830 3 місяці тому +1

    Programmer + trader 😮 deadly.
    Overall markets are highly manipulated.

    • @CodeTradingCafe
      @CodeTradingCafe  3 місяці тому

      Hi, thank you for your support. Yes the market is not as friendly but we can always sneak around in someway :)

  • @smdhen3683
    @smdhen3683 Рік тому +1

    Hi, thanks for your videos really i love them. l just want to know where can I find the data of stocks for the lust 3 or 2 years with frequencies of 15 min,10 min and 5 min if it possible I had try with yahoofinance but it just give the data for a limit period so if you have any ideas a bout that please let me know,than thanks again for your videos.

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому

      Hi, thank you for your support! You can try dukascopy create a free account it works well. Good luck!

  • @ThaiTran-ly2ok
    @ThaiTran-ly2ok Рік тому +1

    hey mate, do you have any recommendation about the places to download historical data for Forex ?

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому +1

      Hey, yfinance and dukascopy are good. Good luck!

    • @ThaiTran-ly2ok
      @ThaiTran-ly2ok Рік тому +1

      @@CodeTradingCafe dukascopy is awesome, super thank

  • @LUDOVICOPAPALIA
    @LUDOVICOPAPALIA 5 місяців тому

    Hey, how can you determine how much to invest? Does it has a minimum and a maximum? Or a fixed amount? Thanks

    • @CodeTradingCafe
      @CodeTradingCafe  4 місяці тому

      In this example I used fixed lot size, but more complex systems use dynamic sizing.

  • @lennard4454
    @lennard4454 Рік тому +1

    Thx i wan't aware of Oanda. But how do I get my accountID? EDIT: u just have to go into the trading interface and in the accounts window is the id

  • @josipgregoric5380
    @josipgregoric5380 2 місяці тому +1

    Is it possible to do this but use C++ instead of Python? How would one go about doing it? Could you recommend some reading material?

    • @CodeTradingCafe
      @CodeTradingCafe  2 місяці тому

      I guess yes, used to use C++ 10 years ago, but everyone migrated to Python APIs. The easiest for you is to use mql5 language you can run it in MT4/5 and it's very close to C++ (I recap it's C++ actually).

  • @easywaytoearn7456
    @easywaytoearn7456 9 місяців тому +1

    Pls create best tradingchart indicator too,

    • @CodeTradingCafe
      @CodeTradingCafe  9 місяців тому

      Hi, thank you for sharing, do you have more details? is it a specific indicator?

  • @tradingview-strategy
    @tradingview-strategy Рік тому +1

    HI, Sir. Thanks your tutorial. How to get your preview images's "Easy Trading BOT" ui dashboard?

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому

      Hi, I am not sure I understand what you mean?

    • @tradingview-strategy
      @tradingview-strategy Рік тому +1

      @@CodeTradingCafe What's name of the software in 0:01?

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому

      @@tradingview-strategy It's not a software this is the Oanda Interface

  • @maurolimaok
    @maurolimaok Рік тому +1

    Nice!

  • @victorortiz9694
    @victorortiz9694 Рік тому +1

    Sir, Thank you for the video, I try to find the file and not is possible?, you have other news files?, Thank you for your support!!!

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому

      Hi thank you for your support, the file is in the new link check the pinned comment. Let me know if you got it. Good luck!

  • @sharemarketinvestorsgroups5602
    @sharemarketinvestorsgroups5602 6 місяців тому +1

    i have problem with three last candle signal generator can u help for that

    • @CodeTradingCafe
      @CodeTradingCafe  6 місяців тому

      You need to have an account set with a key to access live data otherwise the code should work.

    • @sharemarketinvestorsgroups5602
      @sharemarketinvestorsgroups5602 6 місяців тому

      @@CodeTradingCafe I ALREADY MADE TWO COLUMN USING TWO CANDLE CONDITION BUT I HAVE TO DEVELOP LAST THREE CANDLE CONDITION AND LAST 4 CANDLE CONDITION AND ALSO LAST 3 CANDLE +NEXT CANDLE CONDITION
      I WROTE CODE AS PER UR GUIDELINE. I SHARE IT BELOW
      def signal_generator(df):
      Openx = df.o.iloc[-1]
      close = df.c.iloc[-1]
      previous_open1 = df.o.iloc[-2]
      previous_close1 = df.c.iloc[-2]
      next_open1 = df.o.iloc[1]
      next_close1 = df.c.iloc[1]

      #candle type :
      if Openxclose:
      return 0
      elif Openx==close:
      if next_open1next_close1
      return 1
      else:
      return 2
      ct = [] # ct is column name ct="candletype"
      ct.append(0)
      for i in range(1,len(candledata)):
      df = candledata[i-1:i+1]
      #print(df)
      ct.append(signal_generator(df))
      candledata["ct"] = ct
      #candledata.iloc[:,:]
      #print(candledata)
      def signal_generator(df):

      Openx = df.o.iloc[-1]
      close = df.c.iloc[-1]
      previous_open1 = df.o.iloc[-2]
      previous_close1 = df.c.iloc[-2]
      #previous_open2 = df.o.iloc[-3]
      #previous_close2 = df.c.iloc[-3]
      ct_previous = df.ct.iloc[-2]

      #candle type :
      if Openxprevious_open1:
      # return 1
      elif ct_previous == 0 and closeOpenx and closeprevious_open2 and previous_close1Openx and previous_close1>previous_open2 and close>previous_open1:
      return 1
      elif previous_close2previous_open1 and close

  • @jerrydoyungoy-nc8qd
    @jerrydoyungoy-nc8qd 10 місяців тому +1

    Can you make an indicator or alert bot that if a token hits a specific percentage price increase in a matter of minutes the bot will detect and notify.. For example usdt base pair so all usdt pair will be monitored by this bot in a specific exchanges..

    • @CodeTradingCafe
      @CodeTradingCafe  10 місяців тому

      Hi thank you for sharing, this is interesting. Technically yes this is relatively simple to achieve using minutes timeframe and measuring movements on a slice of 2 minutes for example so 2 candles. Will put it on my list (it's a long list though, sorry!).

  • @alexmoeller8650
    @alexmoeller8650 6 місяців тому +1

    if we decided not to make a config file for the oanda account, where should we put the account id?

    • @CodeTradingCafe
      @CodeTradingCafe  6 місяців тому

      you can change the accountID variable in the code, like accountID = '....'

  • @leeroylita637
    @leeroylita637 8 місяців тому +1

    How do you get around the sell commission that the platform takes?

    • @CodeTradingCafe
      @CodeTradingCafe  8 місяців тому +1

      The easiest way is to trade high timeframes like the 4H or the daily, usually the movements are wide so the spread and commissions are a small portion... but it's slow you get 1 signal every couple of weeks.

  • @leocycling
    @leocycling Рік тому +1

    thx bro, what is the good way to set scheduler for trading job, seconds or minutes for timeframe 1m,5m,15m for examples, thx.

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому +1

      Hi, it depends on the timeframe you are trading the scheduler is only there to launch your function.

    • @leocycling
      @leocycling Рік тому +1

      @@CodeTradingCafe if i trade 15m, so the scheduler is basically 15m? It's better to set lower schedule fe 5m or 1m even seconds bro ? Thx for your reply

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому +1

      Hi, yes it's better to sync with the timeframe as scheduling faster than the timeframe only adds unnecessary CPU and bandwidth work.

  • @anilkumarsharma8901
    @anilkumarsharma8901 9 місяців тому +1

    If you make a programme for 19^19 database analysis then it's become a perpetual motion forever for all types of stock market forecast

    • @CodeTradingCafe
      @CodeTradingCafe  9 місяців тому

      Hi not always, some markets have different movements, check USDCHF and EURUSD for example although both tied to USD the movements are so different!

    • @anilkumarsharma8901
      @anilkumarsharma8901 9 місяців тому

      @@CodeTradingCafe indian🇮🇳 vedic math📐📊📚 is more powerful than all the universe🌌 itself
      So all the quantum computing⚡ is just a bit too

  • @filipeantunes5967
    @filipeantunes5967 Рік тому

    how i can make the code running? what i need? can u tell me pls? love the video, i want to try it

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому

      Hi, you need to install python on your PC try anaconda installer it's easy, then you open it with jupyter notebook. But if it's your first experience with python try this playlist first, good luck! Python Learning: ua-cam.com/play/PLwEOixRFAUxZVV0XNWlapem1yoRA4rt_O.html

  • @dfcastro
    @dfcastro Рік тому +3

    The way the code is we have a risk return of 0.5. The candle grapho oanda shows the order and the take profit is half the length of stop loss. Not a good trade because you will have to succeed in 2 trades to zero the bad result of a stop loss.
    Also the idea of calculating the lot size is not present. If I decide that I wanna risk 3% of my actual account balance in a trade? This must be done dynamically before each trade.

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому +1

      Hi thank you for your input. You are right improvements can be applied, this was just an example to see how to connect with oanda from python.

  • @hariranormal5584
    @hariranormal5584 Рік тому +1

    I'm looking for a bot which can take pictures from a telegram group, the pictures are just metatrader trades, they have all the info like ID, SP, TP, sell or buy, and the symbol. I want to be directed to how would I make a bot which would take the pictures, convert the picture to text, and place orders accordingly.

    • @CodeTradingCafe
      @CodeTradingCafe  Рік тому

      Hey the field is called computer vision you can use CNN to analyze the pictures. Good luck!