Update projects/forex_algo_trading.md
This commit is contained in:
@@ -258,4 +258,66 @@ if __name__ == '__main__':
|
||||
|
||||
## Next Steps
|
||||
|
||||
- Refine features, try different models, and develop a backtesting framework as you progress.
|
||||
- Refine features, try different models, and develop a backtesting framework as you progress.
|
||||
|
||||
---
|
||||
|
||||
# From Backtesting to Live Trading with Backtrader and Oanda
|
||||
|
||||
## Setup and Installation
|
||||
|
||||
- **Install Required Packages**
|
||||
```bash
|
||||
pip install backtrader oandapyV20
|
||||
```
|
||||
|
||||
- **Oanda API Credentials**
|
||||
- Obtain API credentials from your Oanda demo account.
|
||||
|
||||
## Backtesting
|
||||
|
||||
### 1. Data Preparation
|
||||
- Fetch historical data using Oanda's API for your target currency pairs.
|
||||
|
||||
### 2. Strategy Development
|
||||
- Code your trading strategy within a subclass of `bt.Strategy`.
|
||||
- Define indicators, entry and exit logic.
|
||||
|
||||
### 3. Backtesting Execution
|
||||
- Initialize a `bt.Cerebro()` engine, adding your strategy and data.
|
||||
- Set initial capital and other parameters.
|
||||
- Run backtest and analyze results using Backtrader's built-in analyzers.
|
||||
|
||||
## Transition to Paper Trading
|
||||
|
||||
### 1. Configure Live Data Feed
|
||||
- Setup a live data feed from Oanda using the `oandapyV20` package.
|
||||
|
||||
### 2. Integrate Oanda Demo as Broker
|
||||
- Configure Backtrader to use Oanda as the broker with your demo account credentials.
|
||||
- This simulates order execution in the demo environment.
|
||||
|
||||
### 3. Run Paper Trading
|
||||
- Execute your strategy with Backtrader against the live data feed in simulation mode.
|
||||
- Monitor performance and make adjustments as necessary.
|
||||
|
||||
## Going Live
|
||||
|
||||
### 1. Strategy Review and Adjustment
|
||||
- Fine-tune your strategy based on insights gained from paper trading.
|
||||
|
||||
### 2. Switch to Live Account
|
||||
- Change the API credentials in your script to those of your live Oanda account.
|
||||
|
||||
### 3. Start Live Trading
|
||||
- Begin with the smallest lot sizes.
|
||||
- Closely monitor the strategy's live trading performance.
|
||||
|
||||
## Key Considerations
|
||||
|
||||
- **Monitoring**: Keep a close watch on your system's operation during live trading.
|
||||
- **Incremental Deployment**: Gradually increase your trading size based on the strategy's live performance.
|
||||
- **Continuous Improvement**: Regularly update your strategy based on live trading data and market conditions.
|
||||
|
||||
This markdown guide outlines a focused and actionable path from developing and backtesting trading strategies with Backtrader and Oanda, to paper trading and eventually live trading.
|
||||
---
|
||||
Reference in New Issue
Block a user