diff --git a/projects/forex_algo_trading.md b/projects/forex_algo_trading.md index 2374f08..315bde8 100644 --- a/projects/forex_algo_trading.md +++ b/projects/forex_algo_trading.md @@ -258,4 +258,66 @@ if __name__ == '__main__': ## Next Steps -- Refine features, try different models, and develop a backtesting framework as you progress. \ No newline at end of file +- 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. +--- \ No newline at end of file