Jump to content

KJM34

Community Member
  • Posts

    12
  • Joined

  • Last visited

  • Days Won

    2

KJM34 last won the day on April 8 2023

KJM34 had the most liked content!

Recent Profile Visitors

568 profile views

KJM34's Achievements

Occasional Contributor

Occasional Contributor (2/10)

6

Reputation

  1. this works, you will just need to set your user name password and api key in IG markets, then you have to use terminal in the IGMarkets folder in the solution to set them as user secrets, chat gpt 4 can explain how to do this, from there implemetation with lean is just a matter of time and effort, most of the hard work appears to have been done already https://github.com/npouzenc/IGMarkets. dotnet user-secrets init dotnet user-secrets set "IGMarkets:id" "<Your ID>" dotnet user-secrets set "IGMarkets:password" "<Your Password>" dotnet user-secrets set "IGMarkets:apiKey" "<Your API Key>"
  2. @lukeTradingLearner how did you go with it? I just started on the api side of things now, I am not sure if the process is worth it or if i just use an already supported broker but i figured i will just have a go at it, looks like youre using js? i have to use C# which means a great deal of reading library documentation
  3. @RJHumphries I am in the process of trying to use the IG Api with Quantconnects lean engine now, this will be my first time using the api so it could take a while. as for the limit to number of trades per week, the answer is no, not if you are running lean engine locally direct with to the broker, but probably yes if you are going via quantconnect (which you cant do with ig markets) Ig markets themselves obviously have no limit, the more trades the better for brokers, but there might be some sort of cap on updates per second, nothing that will create problems for any realistic use case.
  4. Using, the Oanda brokerage template that already exists in quantconnects Lean engine repository on GitHub and the IG markets API in Labs it wouldn't be to hard to knock something up as they both use the same type of API as far as I can tell. that's about as far as I delved into that idea though. it would still require access to the historical datasets which IG markets probably already has on request by an api.
  5. It looks like you are just trying to make a price action / time series type strategy, it could be easier to use ProReal time by enabling in settings, the advantage is you can backtest and visualise the strategy and also run on the ProOrder servers. I use pro real time to test that sort of thing and then jump over to a platform called quantconnect to test a wider range of products and data sets with other brokers, the advantage there is massive data sets (fundamental etc) and the option to use either C# or Python. the downside is no IG markets data or API, I am interested in making an API for IG on quantconnect some time in the future but I have no experience building API's, Quantconnect does offer $5000USD to anyone who produces a new broker API and IG markets has been a popular request.
  6. You don't need premium to use ProOrder, but you can't upgrade to premium anyway IG is only standard version but they are also the only supported broker for ProOrder strategies, the only real advantage of premium is that you can backtest 1million candles vs 100000 which doesn't make any difference because the Data is for brokerage products that can't actually be traded at this moment in time. I am hoping IG will make a quantconnect api at some point but that it a different topic.
  7. Something needs to be done about the crypto spreads, having an 80 to 160 point spread on bitcoin is abysmal, Bitmex offers a spread of close to 0 with 100x leverage I am sure IG can do better, it is not really worth trading crypto CFDs with IG as it stands.
  8. One thing I didn't mention is probabilities, you need to be focused on the traders equation. if you have a 50% chance to get 2 to 1 risk reward then you have a possible trade given the right context. It is most important to start to think in probabilities, if a price level has a 50% chance of going up 20 points or down 10 points then you have a repeatable trade that will make money over time. you need to do the work to build this into your mindset as it is an unnatural way to think. a good way is to start building a book of patterns and probabilities, and a playbook, and keep an excel of your results trading patterns or setups. I attached an image from my patterns and probabilities doc or playbook (i forget) that I have started building for myself. atleast if you are spending money you may as well use the data you recoded to improve your odds of success.
  9. Cheers i Cheers I think this will help get asic of their back also, I know it has been a nuisance period for the level 3. So everybody wins 😁
  10. I can give some advice on how to become consistently profitable, for me the hardest part has been drilling down to just 1 or 2 things that work because I am obsessive and I will want to learn it all. 1. review review review, every day you should go back and markup your charts, record your statistics and other relevant conditions such as, what was the market doing that day. example: pullback from prior day sell off. 2. journal, and build a strategy that fits your personality , I see a trading therapist to help work on my trading mindset. 3. keep it simple, If you have an edge in a particular area or with a setup, sharpen the edge, you don't need 100 things to make money, you can scale up your strategy over time as it is proven to be working. 4. take a series of trades approach, no one trade should be life or death. 5. Backtest, if it is a complex strategy do it manually, or use PRO REAL TIME to automate a backtest, which IG Markets provides free if you qualify. 6. have a trading plan! if its not in your plan don't do it! you need to be working towards something using limited variables so you can monitor performance. 7. learn price action, price is truth. 8. follow the right people and question everything, I can tell you from back testing 99.9% of indicator strategies are nonsense. 9. context: look to the left. 10. follow the prop traders who work or have worked in the industry. 11. record your screen, and re-watch your trades. 12. figure out where you have edge and on what time frame, we are all wired differently, noone can do what you can do and you cant do what everyone else can. find your style and protect your capital while you do it, trade "i dont care size". BONUS TIP, watch trading in the zone, by Mark Douglas, available free on youtube. at the end of the day, you have to do the work not just trade, in fact you can test most strategies for free. you are competing against the best in the world and they have more money and resources, and they are smart hard working people.
  11. Hi, after filling out the recent survey I have an Idea for an innovation for IG markets which I believe will help day traders, both professional and beginners. This is similar to what you would see in many funded trader programs. I think IG should have a trading plan section where you can input data from your trading plan to enforce restrictions on your own trading, this level of risk management is commonplace among proprietary trading firms, where they often have a risk manager and also have hard risk limits built into their platforms, Lightspeed is one such platform that has hard risk limits built in. I believe this should be fundamentally built into the account settings so that it works across all platforms. I believe there should be a way to input: Daily stop loss weekly stop loss maximum position risk (to enforce trades to be sized correctly) maximum drawdown on profit over a certain amount an option to limit trading hours an option to limit number of trades per day all of these options of course should be disabled by default These limits should not be changeable within a period of 48 hours, meaning if you change a limit it will take 48hours to process the change I believe this would help beginning traders to focus on proper risk management from the outset, and positively reinforce IG markets position as a respected market leader. If professional traders with firm resources need help with managing risk it is only natural that many retail traders would fail at this task without proper resources or tools to enforce these limits them selves. I believe if IG markets is looking for innovative ways to improve their platform then this is an area which is most practically beneficial to traders and should not take considerable resources to create. Just my 2 cents.
  12. Hi I have a few questions about trading the Tokyo Stock Exchange CFD's from an Australian account. 1) what are the fee's per trade? 2) is the data feed in real time, using the pro real time platform? 3) Does this market experience trading halts like the nasdaq?
×
×
  • Create New...
us