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Automated Trading Software Program

$10-25 USD / hour

Closed
Posted almost 9 years ago

$10-25 USD / hour

I need someone to design an automated trading program for use in conjunction with Ninja Trader. I will let you know exactly what I need and then you can program it from there. I would prefer someone local to the NYC area but will consider completion online if it makes sense. The following is an overview of what I need. Automated Trading Strategies What is an Automated Trading Strategy? In trading, an Automated Trading Strategy (commonly referred to as a trading system) is a predefined set of rules which govern the decision making process. Typically, an automated trading strategy will include the ability to back test a strategy using historical market data. Back testing is the process of running a predefined set of rules on historical market data in order to obtain hypothetical performance results (what trades the strategy would have made during the historically tested period). The hypothetical performance results provide the trader with a confidence that the strategy will make money in the future. Additionally, an automated trading strategy provides the ability to automatically execute trades based on the predefined rules, eliminating the need for a trader to be at the computer. Components of an Automated Trading Strategy Automated trading strategies typically include the following components: •Entry Rules - A set of rules used to define when trades are entered. Example: - When price crosses above the 14 period simple moving average, enter a long trade. •Trade Management - A set of rules used to define when trades are exited. Example: - Initial stop loss at 20 ticks. - Exit 1 share/contract at 10 ticks profit. - Exit remainder of position at 20 ticks profit. - Move stop loss to break even after first profit target is hit (10 ticks). •Filters - A set of rules used to define when trades are allowed to occur. Example: - No trades will be allowed if the 20 period Average True Range is below 5. - Trades will only be allowed between 9:30 am and 3:30 pm. - All trades will be exited at 3:30 pm. •Position Sizing - A formula used to calculate the number of shares/contracts to trade. Example: - Trade Size will be calculated as follows: CAE = Current Account Equity SP = Strategy Profits CP = Current Stock Price Trade Size = ((CAE + SP) * .25) / CP Features of Automated Trading Strategies •Back testing - Back testing is the process of running a predefined set of rules on historical market data in order to obtain hypothetical performance results (what trades the strategy would have made during the historically tested period). •Optimization - Optimization is similar to back testing, except optimization is the process of running multiple back tests with various parameter settings (for instance testing a profit target of 10 ticks versus a profit target of 20 ticks). The goal of optimization is to find the parameter settings that have been most profitable throughout history. •Simulated Trading - Simulated trading is simply the practice of mimicking trades without actually risking any capital. Simulated Trading is also commonly referred to as Paper Trading. •Automated Execution - Automated Execution occurs when a trading strategy has been programmed to send actual orders to the broker. Hence, the orders are automatically executed, without the intervention of a trader.
Project ID: 7912216

About the project

9 proposals
Remote project
Active 9 yrs ago

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9 freelancers are bidding on average $23 USD/hour for this job
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Hi, I have good experience on trading platform. I worked on TraderStation,TraderStudio,AMiBroker, IB API,FOREX CONNECT. I did not work on ninja trader but I think I can able to do for you. So lets discuss if you are interested and we will finalyze it. Let me know if you need any more information. Thanks, Sandip
$27 USD in 40 days
5.0 (6 reviews)
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Hi, experienced .NET developer that could help you out making this program. I have experience in the trading companies. Hope to hear from you. Sincerely, Daniel
$38 USD in 40 days
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I have more then 3 years experience in .Net & SQL. I have worked in ,,SQL,JavaScript,J query,Web-API,Crystal Report,Web Service I have Worked in 3 Projects. 1) ERP For Manufacturing Unit - It is in three tier architecture 2) ERP For Small Organization. - One tire architecture 3) Retail Domain for UK Client Responsibilities: • Developed business logic. • Maintenance of product. • Developed Crystal Reports. • Database Design.
$20 USD in 25 days
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Please don't take my lack of feedback as a negative, I have been on freelancer since 2008 and have hired plenty freelancers to do work for me. I have never actually done work for anyone on this website. I am an american that has been developing C# for 10+ years. I have gone through a few courses at online trading academy and did some work a few years back on NInja Trader for a company and there strategies. I get trading and back testing. I am not local to NYC, I am in Dallas Texas. If you have any other questions please let me know.
$20 USD in 40 days
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Hi, I have a backtesting framework set up and ready to go. It can backtest different variations (parameters) very quickly, using multi-threading. You can do thousands of variations in just a few hours. You get a report of each and every trade made, separated by parameter variation, ready for analysis. It's very powerful; however, it is not ninja trader, it's in java, originally built for Interactive Brokers. If you are interested to backtest on my platform, then we can tackle implementing the automated trades on NinjaTrader later once you have identified a successful trading strategy. I'm happy to complete that also, but the benefit here is that this platform is ready to go for you and you can have results right away.
$19 USD in 1 day
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$30 USD in 10 days
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