The idea was to focus on the logic of the strategy by letting the users create rules, from the values of indicators, prices, balance sheets or other parameters and optionally compare them using operators like greater, less, equal or check for crossovers, etc.
The users can create complex strategies by chaining these rules using AND/OR operators. It's not based on charts at all at the moment, just a form, and it seems like trading view is mostly charts with custom scripts.
I assumed quants are already proficient in Python or R, so I didn't think they would be interested in a no-code solution. However, I'm open to feedback from anyone.
Someone suggested adding a comparison to the backtest results, showing the profit and loss from buying and holding the asset versus the profit and loss from the user-defined strategy. I think this is really interesting to see.
Unfortunately, I don't have data on the performance of professional traders, so I can't say whether most of them beat index funds. If you have any sources, I would love to see them.
I believe active traders find value in combining both fundamental and technical analysis to make their decisions. I am not trying to start on debate on technical analysis but I think a lot of people are using it, and prices are most likely influenced by people's actions.
This demo focuses on technical analysis but it's just a MVP, and the technical analysis part was the easiest to implement, and I'm trying to validate the UX. The full version of the app will allow users to define strategies that incorporate both technical and fundamental factors.
I am working on https://hellotrader.io - A service that allows traders to define their trading strategies without coding. It also automatically backtests the strategies and scan the markets to see if the conditions required for the strategies are met, then proceeds to alert the user.
I started working on this to scratch my own itch, as I disliked monitoring prices all day and wanted to eliminate the fear of missing out on opportunities, as well as remove emotions from the equation.
My favorite is The Startup Owner's Manual by Steve Blank and Bob Dorf. It has a roadmap for internet business and a ton of checklists to help you validate your ideas and reach potential customers. The suggested path through the book also helps to get started without having to read through the whole book.
I am working on https://hellotrader.io - a service that allows traders to define their trading strategies without coding and run instant backtest between changes to give them feedback on their potential profitability. Once the strategies are defined, the service scans the market in real time on their watchlist and alerts the users if the conditions required for their strategies are present.
After you get to tty using ctrl alt F. killall sends a TERM signal by default. You could send a KILL signal using "killall -KILL APPNAME". You could also run top using the nice command: "nice -20 top" in order to get the highest priority possible for the top process.
The users can create complex strategies by chaining these rules using AND/OR operators. It's not based on charts at all at the moment, just a form, and it seems like trading view is mostly charts with custom scripts.