AutoTrader X

AutoTrader X: Automated Forex Trading Bot

Project Description:

AutoTrader X is a powerful trading bot that enables forex traders to automate their trading strategies with ease. Whether you follow a "Moving Average Cross" strategy, Bollinger Bands, or any other rule-based approach, AutoTrader X allows you to program your strategy and execute trades automatically, even when you're away from your screen. With its ability to backtest strategies on historical data rapidly, AutoTrader X also improves the way traders analyze and implement their trading strategies. Targeted towards forex traders with mechanical, rule-based strategies, AutoTrader X offers efficiency and flexibility in trading automation.

Key Features:

• Plug and play strategy integration for seamless deployment
• Ability to trade multiple instruments in parallel for diversified portfolios
• Dynamic position sizing based on predefined risk parameters
• Customizable trading parameters to adapt to various market conditions
• Rapid backtesting capabilities to evaluate strategy effectiveness

Performance or Results

The performance of AutoTrader X is dependent on the trading strategy programmed into it by the user. By providing traders with the tools and infrastructure to implement their own strategies, AutoTrader X empowers users to optimize performance based on their individual trading objectives and risk tolerance.

Technologies Used:

• Oanda API for retrieving candle data
• Python and Pandas for bot development
• Virtual environment (venv) for project isolation
• Postman for API testing
• AWS for cloud server deployment
• Supervisor, PyMongo, Requests, dnspython for bot management

Project Timeline & Process:

Building AutoTrader X involved overcoming various challenges and learning new skills along the way. From setting up a virtual environment and understanding trading indicators to deploying the bot on AWS, each step in the process contributed to a deeper understanding of automated trading systems and resilience in handling technical challenges.

Future Updates:

Stay tuned for future updates and expansions to AutoTrader X! Planned features include adding code to recognise popular chart patterns like double tops or flag patterns.