Jesse: Python Trading Framework for Crypto

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In this video I try out Jesse, an open source crypto trading framework written in Python.

[@parttimelarry]

I will be starting a spinoff channel on AI in music, art, and gaming in 2023. Subscribe at: youtube.com/@parttimeai

[@eervin123]

I LOVE the fact that Larry goes into the source code to explain how and why things work the way they do. He genuinely wants to teach his "students" to think. Delightful.

[@TheDjarEl]

Thanks for the very interesting and clear presentation ! Two problems about Jesse.Trade: - the licence is way too expensive for individuals (FreqTrade is free). They should consider having a cheaper license with some limitations for individuals. Maybe they just want to aim big players. - the backtest/optimisation tool is way too slow for "what it is" (in the end it is just a for loop on 10,000s values with a few if checks). That seems to apply to any python/pandas based software, so the optimisation part of the software should use compiled code (C, C++, fortran or other) and optimal types (in C prefer floats to doubles for price data since it has already way more precision than necessary; i think python uses long doubles that uses 4 times more memory than floats; not even talking about Pandas XD). Another critic that is not as important: - data download is very slow. Simple async JavaScript with optimal rate limiter (using CCXT) can go much faster even for 1 min data. I have a node JS script that downloads Binance BTC/USDT 1 min Kline data from August 2017 to today (about 1 million candles) in less than 2 minutes.

[@wanhonglau779]

Thx for sharing that! Would you mind sharing your node JS script for our reference as learning?

[@TheDjarEl]

@@wanhonglau779 it there a way to mp ? because I tried copy/paste a download link here but it didn't work.

[@TheDjarEl]

Also tried to point you to a GitHub repository but that did not work as well...

[@parttimelarry]

Hey your comments automatically went to youtubes moderation for some reason, should be visible now

[@TheDjarEl]

@@wanhonglau779 sorry if I try to send any link or even mention a GitHub username or repository name, the message gets removed

[@anubiseyeproductions2921]

Everything in the right place. Nice work as always, Kid A!

[@osyl8]

dude you are on fire these last few months, great series.

[@iritesh]

I had forgotten the the name of this library, thanks for the video dude 😎

[@joshuaonly]

How does this video only have 56 freakin' comments. Unacceptable!! Let's make a point of saying 'Thank you" to Part Time Larry, and turn that 56 into 57. Isn't that better?

[@SkyRiderJavelin]

Great tutorial well presented

[@maverick456-33]

You are Genius !

[@GEORGESDominique]

Good video as usual. Jesse is nice and really powerful, but the license if far too expensive ! Reason why I unistalled it and stay using Freqtrade. Maybe do you have a third tool ;)

[@yakir12h]

Im using jesse for almost a year now. Here is what i can say about it. Jesse is easy to use, with a lot of research tools that i like. Yes people are right fraqtrade is more mature but jesse is getting better evrey day. The community is growing fast and happy to help for any cases we face including Saleh the main developer. Recently i started using the live plugin and i loving it. Jesse handle most of the nasty stuff that me as a strategy developer dont care. The price is for a life time period so i think to say that the price is too high is not exactly corret. Thank you larry great comparison video!

[@GEORGESDominique]

Being paid for a code is not a problem for me, I am a developper, thus I can understand. My concern is the way it is hidden, and that you discover you will have to pay when you already invested lot of time to understand, test and backtest, this method is not fair. Technically, it is a beautifull application, well written and easy to use. And yes, for somebody who is beginning in the crypto bot world, and that does not have lot of money, it is really expensive

[@jaykay118]

I've used freqtrade and Jesse and committed to stay with Jesse over a year ago. It's backtesting engine is very powerful, user friendly and quick to get started with. It's got a great community behind it with lots of support available from the experienced members of the group. There is room to grow still with improvements clearly noted in the projects road map - you can see what's in the pipeline in Saleh's trello. Recently Jesse has got support for spot trading which is a plus for those who are perhaps restricted from futures in their region. Hopefully in the future Jesse will have better native support for optimisation plugins like xg boost, optuna etc. The proof is in the pudding and I've been using the live module since Jan 22. So far I've tripled my investment so the 800 live module has more than paid for itself. My main concern is the longevity of the project. It is completely built and owned by one person which is a risk.

[@diogosousa8473]

thank you bro thank you

[@SenselessTalk]

Dataframe approach in populating indicators make more sense and easier to visualize.

[@mathewwaters2412]

Been using Jesse live for around a year after converting from Autoview. Even as a non coder, it’s been pretty easy to convert my pinescipts to python using the detailed document library. When I’ve needed help the Discord group has been really good source of additional support. I’ve been able to backrest my strategies against different assets, timeframes and used the optimisation feature to help select the best indicators. People have said the cost is high, but I disagree with this. Jesse has a one off lifetime licence and compared to a subscription service Jesse is definitely cheaper in the long run.

[@brianseattle]

Thanks for the comparison. For me I'm sticking with freqtrade for now. I like the features you highlight database trade history compared json files with freqtrade. I also like the concurrent multi-platform trading support. I don't like the pay to trade plugin required, and the limited exchanges supported with Jesse Jesse isn't a mature enough product with broad enough support yet. lots of good ideas in the Jesse platform.

[@maciejkatarzynski6833]

Larry, it's healthier to drink water than Pepsi. I'm just worried about your wellbeing 😂 Great tutorial

[@balkiprasanna1984]

I am going to recommend your video to all my friends. Really inspiring

[@joshuasantiago156]

Awesome video. Is there a Jesse equivalent framework for Stocks?

[@ApakukiNayacakalou]

Been using Freqtrade for a few years, on and off to time the the "up" trend. I think it's time to convert! Another insane video!!! Many thanks 🙂

[@hermanchunky]

Been working with Jesse for quite some time now - and really think it’s one of the most powerful yet simple crypto bot frameworks out there. Good community, quick support and a reasonable price for live trading your strats.

[@fancynaij2945]

Wonderful video, great content as always! Would it be possible for you to do a similar guide/how-to video for Quantconnect?

[@parttimelarry]

Working on it right now, that's next

[@mssafy2592]

hi , I have question , those with high frequency trading how make money in less than minutes and seconds how could they deal with spread and commission , I was looking for a broker that have no spread and commission but monthly fees there is thing like this ? or any broker recommendation for HF trading

[@taj-haslani]

Can this tool be used to trade es/nq futures with interactive brokers?

[@PythonSee]

Using Jesse for more than a year. At each version upgrade it has become more mature whether using the CLI version or the GUI version. Support in the discord channel is efficient. The price for the live plugin is reasonable for the work done. All other options I have tried are too convoluted and much less well maintained

[@doncalpe]

How much is the "live-trade" plugin/license? Seems like without prior registering on their web site the pricing is not shown.

[@GEORGESDominique]

Standard price : 1.600 $, but you get 50% off => 800$ It is really expensive, as you can discover

[@doncalpe]

@@GEORGESDominique , thanks for the info.

[@leejackson4089]

what a hearty video for all beginners!

[@y.c.breddy3153]

Hi bro do you have any idea how to convert tradingview indicator source code into MT4 indicator brother

[@parttimelarry]

Haven't used MT4 so don't know

[@0xskrilla225]

Great video! Finally bought myself a license.

[@janandersen2695]

Isn´t this a bit stoneage considering there are no-code platforms like AlgoView ?

[@filmfranz]

When can you show a hedging strategy with Hummingbot?

[@chhoturao3766]

Please , one video for binance futures websocket connection. I try 50 time but no response. Please one video.

[@pilotgfx]

while it looks great, i am hesistant... is it rather manageable to implement the strategies manually instead of paying 1600$?

[@diegofernandez7889]

Hello Larry, how I Can contact with You?

[@parttimelarry]

My email is in the About section

[@shahinheydarian6172]

Hello, dear Larry I need your help to find the most basic video to teach bot writing in Python environment from scratch Please introduce these videos in order so that I can watch them from the beginning By the way, very cool, keep it up, friend

[@jonconnor6697]

way to pricey with no explanation for the price tag

[@rafalsza]

backtesting without fees,sl and tp is a waste of time

[@parttimelarry]

Good thing all of this functionality is included in Jesse and is discussed in the video :)

[@AK-fp7hl]

love if you'd check out Passivbot at some stage :)

[@javierlol278]

Can jesse.trade copy your strategy?

[@YngHstlr]

Hey Larry, I was wondering if you’d be open to some help with your thumbnails? I think I can help increase your CTR. DM me on Twitter I followed you