Algorithm Definition

• Spread between 2 equity stocks.

• I should be able to change the equity stocks in the algorithm, this should be an input parameter.

• Trade entry into the spread is defined according to the % change in individual stocks. For example if ‘Easy Jet’ moves 3% in comparison to ‘Ryan Air’ the algorithm will sell the stock that is up 3% in comparison to the other stock.

• eg ‘Easy Jet’ and Ryan Air. Eazy jet could be up 1% and Ryan Air could be down 2% and the algorithm will sell Easy Jet and buy Ryan Air.

• The stop will be defined by a % move in the spread. If easy jet moves 10% in comparison to Ryan Air then algorithm should stop out of the trade. The stop % size should also be an input parameter.

• The number of shares in each equity should also be an input parameter. For example Ryan Air could be trading 2 shares to every 1 Easy jet share. So every time a position is put on the spread, Easy Jet has 2 shares and Ryan Air has 1 share

• A chart should be made as well which shows the spread, historically and daily movements

• This chart should be able to be adjusted according to timeframe (daily, monthly, minute).

• The chart should indicate where a trade entry would have been inserted into the market and when a position would have been stopped out.

• The multiplier on the graph should be a different input parameter to the input on lot size (number of shares to buy)

• There should also be a summary on the chart showing what the PnL would have been over a time period given the input parameters.

• The automated robot to trade the spread should be able to turn off and on, so I can run it as a grey box system just showing me indictors if I want.

• profit taking, this should be based on % movement of the stocks as well and should be adjustable.

• So in the example I gave,  if Easy Jet and Ryan Air have 0% difference in movement (they could both be up 4% or down 2%) the algorithm will take profit.

• I also want the algorithm to send me a text or email if a position has been put on, showing the entry price and the % change in each stock
  

  
  

Happy to talk numbers on how much it will cost.

Thanks,

Ravi