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Late response as I am swamped with job related stuff really, so sorry for that to all the people who took the time to respond.
Interesting, if I may imagine, it would be a fast and fully automatic tool. Anyway, the confusion about your statement seems contradictory after reading the previous thread,
In fact I am a software engineer and lately an idea came to my head.
I can't code so writing the code is really not an option for me.
Which one is correct? Are you trying to lure something from here?Interesting, if I may imagine, it would be a fast and fully automatic tool. Anyway, the confusion about your statement seems contradictory after reading the previous thread,
Nice observation In fact I am a software engineer and lately an idea came to my head.
I can't code so writing the code is really not an option for me.
Which one is correct? Are you trying to lure something from here?
Seems to be like someone toying around with fantasies here in the forum just to see how members react to his threads. I mean, if he was that serious with what he was pursuing or suggesting, he would have already positively responded to the different queries in the thread.
Indeed the first topic that I created was just to check if my problem that I am trying to solve is a real problem for other people. Thats why I posted as someone who has no knowledge on coding etc.
Initially I had two ideas. One was to live trade some historicall sessions where you could just speed up the time and learn from your mistakes, observe patterns like DCAing on leverge leads to account explosion etc etc.
But this niche is quite well covered in the space.
So the second option was to create no-code trading backtester. Yet again to show that your trading idea has some potential or not.
It's about saving the time, making it easy to onboard etc. As each of the platform introduces somekind of DSL you need to learn or python language. And my imagination was that most of the people will just drop at this point.
SO I guess what I am trying to say is that now I am just evaluating the idea and trying to gather the feedback from the potential audience, what is the other ppl take on that.
Are you planning to produce a drag-and-drop trading backtesting tool?
It's exciting but the problem is how secure and safe your software is. Right now, people can't easily trust any software out there due to malware and viruses or software that includes spyware unless you are one of the trusted people here or since it's free if you can put a fully open-source code into Github and let people/developers decide if your backtesting tool is safe.
And the good thing is if you put it on Github, maybe some traders out there that know more about strategies can pull requests to share some script/code that you can add/patch to your project.
It's exciting but the problem is how secure and safe your software is. Right now, people can't easily trust any software out there due to malware and viruses or software that includes spyware unless you are one of the trusted people here or since it's free if you can put a fully open-source code into Github and let people/developers decide if your backtesting tool is safe.
And the good thing is if you put it on Github, maybe some traders out there that know more about strategies can pull requests to share some script/code that you can add/patch to your project.
This would be a web based app. I am pretty confident when it comes to solution security etc so I don't expect it to be a problem.
When it comes to the app being open-source - that's a nice idea. I have not consider that in the past, but maybe it's something worth doing!
I've never backtested with cryptocurrency before because I developed my trading systems with traditional trading and it works for cryptocurrency as well. And with my experience on the trading platform, there are free features to do the backtesting as many times as you want. Maybe you should check with the platform of the exchange you are using, it's possible you can backtest freely on it as well.
Frankly, let me warn you that backtesting does not worth it. It will only raise your hope, but believe me, you will be disappointed in the end. Forwardtesting is the best approach to building a good trading system.
Frankly, let me warn you that backtesting does not worth it. It will only raise your hope, but believe me, you will be disappointed in the end. Forwardtesting is the best approach to building a good trading system.
Interesting since so many beginner traders don't even know how even how to script a trading strategy
My question is.
How are you going to incorporate all the individual trading strategies? You know that different traders have different trading strategies, right? They could probably be a thousand or tens of thousands.
My question is.
How are you going to incorporate all the individual trading strategies? You know that different traders have different trading strategies, right? They could probably be a thousand or tens of thousands.
Well my idea was to just expose set of tools/indicators which then the end user could use to create his own strategy. Will it cover all the scenarios? Probably not. But the goal is that people won't need to learn DSL's for every other tool out there in order to test that MACD+moving avergage might not be the market killer
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