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Re: Building an options trading algo using TWS. Need some help!


Nick
 

You forgot to mention things like how to deal with and recover from an outage (either your app or internet connection or IB issue).

Also you have to handle things like when to stay on the sidelines due to economic reports or holidays.

If you are new to programming and want to develop this part time I doubt you will finish it in a year.

Still, I'm rooting for your success. It's just that there is a huge amount of things you have to learn in order to create an app like this.

On 12/14/2015 6:59 AM, todell826@... [TWSAPI] wrote:
This is a recent post to another forum.

I am new to the automated trading world and writing code. My goal is to develop an algorithm that trades options credit spreads. I have been manually trading this strategy for about a year, The problem is I still have a full time job and the strategy needs close attention.

I would like the ability to have the algo enter trades. It would also need the ability to turn this feature off and be attached to a manually entered trade. The present strategy is to enter trades after the open and close all trades before market close. I have been trading SPY and the overnight gaps are dangerous.
The criteria would be:...

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