Algorithmic Trading Alerts In Python For Forex And Stock Markets

In this video, we dive again into the world of algorithmic trading using Python, with a focus on Forex and Stock markets. If you're looking to elevate your trading game and harness the power of automation, you're in the right place. In this video, I'll guide you through the process of streaming real-time data from Yahoo Finance using Python and testing trading patterns to trigger email alerts when profitable opportunities arise.
📈 What You'll Learn:
- Real-Time Data Streaming: Learn how to fetch and process live market data using the yfinance library.
- Pattern Detection: Dive deep into pattern recognition techniques to identify potential trading signals.
- Alert Notifications: Automate the process of sending trading alerts to your phone via email, ensuring you never miss a crucial opportunity.
#algorithmictrading #forextrading #tradingstrategy
💲 Discount Coupon for My Udemy Course on Algorithmic Trading:
bit.ly/CouponAlgorithmicTrading
Code Download link:
drive.google.com/file/d/1FX6t...

[@ShafaqIftikhar-pw9ld]

Absolutely lovely!

[@CodeTradingCafe]

Thank you! 😊

[@the-d-r]

Hey Bro, you are doing a great job with your Videos. But honestly, you titled your thumbnail with "live trade alerts". Well... What you are showing has nothing to do with Live Alerts, because for live alerts you need Live Marked Data. Like provided with CQG or Rithmic. With these Data Feeds you can really get live alerts when a pattern appears. With Yahoo Finance and delayed Data you can't trade with Real Money. What I want to say, I would very much appreciate, if you would do a video, where you use a real live data stream.

[@CodeTradingCafe]

Hi thank you for your support. This might be surprising but on daily, hourly and 4h timeframes you can stream live data with yfinance, delays are mostly for lower timeframes. In this video I used the daily timeframe so the data is streamed live without delay since you query prices once per day. The other sources are not free unfortunately so it's not for everyone.

[@wellbrutin]

i have one word for youu, AMAZING!!!!!! amazing work dudeee,

[@CodeTradingCafe]

Thanks a lot! good luck to you!

[@AnthonysTradingChannel]

Thank you for sharing, the video was informative.

[@CodeTradingCafe]

Glad it was helpful! thank you for your support.

[@user-fe2oh8oj2u]

Thank you!

[@CodeTradingCafe]

You're welcome! Good luck!

[@botnoid]

First Comment + Like ❤

[@CodeTradingCafe]

Legend! :) thank you for your support!

[@mehmetakifsaloglu8717]

Could you create a video about walkforward analysis? Thanks to your help, I've improved myself a lot so far in everything. Thank you.❤

[@CodeTradingCafe]

Thank you for your support. Definitely walk forward is on my list, and it's actually very close to this video, part of it is streaming live data and trading with paper account.

[@mehmetakifsaloglu8717]

@@CodeTradingCafe Thank you, all of your contributions are very valuable, you're the king.👍🏼

[@ALOKKUMAR-wg3ky]

Hi, Just encountered with your channel. Thanks a lot. Will consider joining. Can you provide some references(books/courses/any_other_resources) on how can we learn it in more depth? Or maybe your journey like how you started from zero and about the brief process of your journey so far? Thanks again!

[@CodeTradingCafe]

Hi, thank you for your comment. My journey is kind of long probably there is shorter ways to do it but I come from C++ so Python was a discovery I made 10 years ago. Books I honestly can't remember all of them between trading and Machine Learning I am counting more than 50-60 books I guess. If you are interested in this field you can start with python basics from one side and trading books and tutorials in parallel with python. This is around 6 months of work, then if you like it you can move on to Machine Learning applications and that is a lifetime learning cycle. Good luck!

[@Cavz001]

Great video sir. Quick question. Delving deeper into algorithmic trading, I’ve found that mere backtesting isn’t sufficient and processes like out-of-sample backtesting, Sample parameter optimization, walk-forward optimization and Monte Carlo Simulation are viltal to creating a solid system. Question is: how do you conduct these tests with Python?

[@CodeTradingCafe]

Hi thank you for your comment. I would say the best is to test a strategy live on a paper account nothing can replace this, as for the tools you mentioned I don't think Monte Carlo sampling is crucial in this case, in my opinion live testing is a great validation.

[@Cavz001]

@@CodeTradingCafe thank you

[@pysoft]

Thank you, i am using 'ccxt' to get prices, i have to remove last row from dataframe to make sure result is not wrong?

[@CodeTradingCafe]

Hi, I never worked with ccxt data before but you can try and check the streamed data (print it) so you can see the format if it's correct and all.

[@keikoo3282]

Cool, now with the crypto

[@CodeTradingCafe]

I am so sad how the crypto crashed, it was nice to mine :)

[@tmyersf4]

​@@CodeTradingCafe Yes too many bad actors and very little trust now. Nobody in their right mind would trade the current market given the lack of liquidity. I still scan the market every now and then but more for nostalgia and remembering the good times.

[@CodeTradingCafe]

You reminded me of my wallets I need to check I had some coins/money in there but I guess I just left those behind in the disappointment.

[@jroche1832]

Do you need to run this on a cloud server or can it run from a local PC with at BAT file and scheduler? Recommendations?

[@CodeTradingCafe]

I ran it from a local PC, you can also run on a small server, it's very simple so a basic setup is enough.

[@munivoltarc]

good, can u please make a video on price action trading with out using any indicator and use multitime frame way of trading

[@CodeTradingCafe]

thank you for sharing. Your idea is interesting but it also easier to do in live testing rather than backtesting, just because the data is not always as clean, so live data is easier to deal with.

[@munivoltarc]

@@CodeTradingCafe THANKS FOR YOUR REPLY, I HOPE YOU CAN DO, PRICE ACTION ALGO TRADING IN FUTUER TECHNICALLY TRADING IS GOOD IF YOU DO WITH PRICE ACTION WAY.

[@CodeTradingCafe]

I fully agree price action works well for market entry... now the exit is up to the trader though!

[@devilmaycry1710]

Hey, bro, your new subscriber . I have done coding on XGBC with 10-12 T.A I got results to but the problem is how would I determine next day or next week buy or sell signal? based on train and test results. Can you help me or I have to time series analysis?

[@CodeTradingCafe]

Hi, I assume you are using a sliding window for your time series analysis?

[@devilmaycry1710]

@@CodeTradingCafe correct

[@ShardulPrabhu]

Where we can put code so even machine is not working it will work

[@CodeTradingCafe]

Nowhere, but you can deploy it on the cloud using services like AWS, GCP and MS Azure.

[@H_EL]

Hello. you still didnt code my idea 🙂 someone commented that it is 70-90% winning rate..plz code it in video soon, thanks and all the best!

[@CodeTradingCafe]

Sorry about this :) I have a loooot of ideas on my list, can you remind me very briefly which one was it (saves me the time looking into that list). Thank you for your support!

[@H_EL]

@@CodeTradingCafe I am sure you are so busy and have much ideas from the fans )) my idea sent you to gmail..about 2-3 up candles and pullback then breaks the high to buy )) Good luck

[@ShafaqIftikhar-pw9ld]

Would be looking forward to this

[@atangbingana283]

Hey how can i do a volume alert ?

[@CodeTradingCafe]

Hi just like any other alert only put the condition on volume. Check this video for live streamed data kzbin.info/www/bejne/jZTJfJSQgZmppqM

[@NexusSMB6]

Isnt pushbullet a better alternative ?

[@CodeTradingCafe]

Hi, it might not be the easiest alternative for non familiar, but I agree that it does more than just a simple message. Is it free? or you have paid options?

[@NexusSMB6]

@@CodeTradingCafe Free is less than 100 message/month. Do you know Hummingbot ?

[@CodeTradingCafe]

This should be enough 100 messages per month meaning 100 valid signals per month it's enough if you are trading on daily timeframes. Hummmingbot I know only what it is but never used it.

[@Lgcuteandnumberlore]

This same code, but using pushbullet libraries colab.research.google.com/drive/1yfjcNSrQqS4PmbLxgypiOzAdEkU8Aaz-?usp=drive_link

[@akam0707]

When will algo trading course will be on udemy? 😂

[@CodeTradingCafe]

I promise I am recording and editing every day I didn't know it's that much time. I could eventually give you early access to whatever is online already but it might not be worth it without the parts I am still preparing. All of this to say I am really working on it regularly :)

[@TheAnical]

Can you make a discord?!

[@CodeTradingCafe]

I started a discord a year ago but couldn't moderate and deal with it properly so it's kind of closed behind! sorry, I will look into it again, hopefully soon enough.