Python in algorithmic trading - page 11

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4 Getting Current Position Details

4 Getting Current Position Details

The video covers the positions_get method in the MetaTrader 5 library and its function in obtaining details about open positions, including open price, volume, and filters. The video provides instruction on how to use the method and its parameters to filter results, as well as how to convert order details into a pandas dataframe for analysis. Additionally, the video offers an example of filtering orders by symbol to obtain specific details about orders.

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5 Calculate Total Profit and Volume Part 1

5 Calculate Total Profit and Volume Part 1

The video "5 Calculate Total Profit and Volume Part 1" shows how to create functions to calculate total profit and value of stock trading positions, using a data frame. The presenter provides code snippets and explains how to modify them to calculate profit and volume, and tests the functions with different currency pairs. Upon completion of the video, users will know how to calculate total profit and volume for any currency pair.

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6 Calculate Total Profit and Volume Part 2

6 Calculate Total Profit and Volume Part 2

The video demonstrates how to distinguish between different biods selectively using the type column and calculate profit of position cells and questions separately through various functions. The example showcased in the video involves printing biod essential learners and biodescence, which are selected only if the type is equal to 0 in the data frame. By renaming the function Cal to Profit, the profitability of bio addresses is calculated by creating a data frame by type. Additionally, the video also illustrates the method of calculating cell profit by typing inside loaders, showing that there is a 3.90 profit from hostile questions.

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7 Calculate Margin

7 Calculate Margin

This video teaches how to calculate margin by using the function order_calc_margin and parameters such as type, symbol, volume, and open price. A for loop is used to iterate through each position's volume and open price, calculating the margin for each and adding it to the total sum. Two functions are created, one for buying and one for selling, to accurately calculate margin based on the type of order, allowing for precise calculations of margin for trades.

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8 Calculating Profit as a Percentage

8 Calculating Profit as a Percentage

This video teaches how to create a function in Python to calculate percentage profit. The function takes the symbol as an argument, calculates the total profit by subtracting the buy margin from the sell margin, divides it by the total margin and multiplies by 100 to get the percentage profit. The speaker creates variables for the buy margin and sell margin, adds them together to get the total margin, and returns the calculated percentage profit.

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9 Close All Positions

9 Close All Positions

In this video, the speaker explains and demonstrates the process of closing all positions using a function that passes a question as a parameter to the 'close position' command. They create a 'close all' function that takes the symbol as a parameter and successfully close EURUSD and GBPUSD positions using this function. By the end of the tutorial, all positions have been successfully closed.

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Free Forex Telegram Trade Copier Bot for MetaTrader 5 | MT5

Free Forex Telegram Trade Copier Bot for MetaTrader 5 | MT5

The YouTube video demonstrates a free Forex telegram trade copier bot for MetaTrader 5 (MT5) which supports both MT4 and MT5 platforms. The speaker explains how to connect an MetaTrader 5 account and set up two take-profit levels for a trade, resulting in a smaller loss than potential profit. Using a fixed position size with the trade copier bot for Forex trading allows traders to know exactly how much they stand to gain or lose on a trade, and the bot is currently available for free. Traders can customize the bot themselves or schedule a consultation with the speaker to suit their needs. Ultimately, the speaker encourages viewers to work hard in pursuit of their goals.

• 00:00:00 In this section, the author talks about the FX signal copier telegram bot, and how support has been enabled for both MT4 and MT5 platforms. They showcase how to connect an MetaTrader 5 account using meta API and then deploy it to render. The YouTuber demonstrates how to set up two take-profit (TP) levels for a trade and how the bot opens two trades, one for each TP level. The author notes that the second TP level is higher than the first, resulting in a smaller loss than potential profit.
  
  
• 00:05:00 In this section, the speaker explains the benefits of using a fixed position size with the trade copier bot for Forex trading, noting that it allows traders to know exactly how much they stand to gain or lose on a trade, as well as to enter trades with confidence. They mention that the bot is currently available for free, but cannot be used for indices. However, traders can make changes to the code themselves or schedule a consultation with the speaker to customize the bot to their needs. Finally, the speaker encourages viewers to work hard in pursuit of their goals.

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Code Your Own Trading Bot with ChatGPT and Python

Code Your Own Trading Bot with ChatGPT and Python #chatgpt #trading

In this video, I'll show you the easiest and fastest way to build a ChatGPT trading bot for MetaTrader 5 using module for Python and ChatGPT

For this example, we're using only 1 indicator in the video, but you can create your own custom logic using multiple indicators or even implement machine learning!

ChatGPT prompt that is used: " Write me a MetaTrader 5 Module for Python code that connects using acc, password, and server to MetaTrader 5 terminal, implement a function to calculate RSI manually without using TALIB, it should calculate it based on the last 100 candles for the symbol EURUSD in the 1-minute timeframe, and implement buy and sell orders based on the signals of the RSI indicator. On top of the code, declare variables so you're not repeatedly declaring them in functions or the rest of the code, like account, password, server, symbol, timeframe, number of candles, stop loss pips, take profit pips, and so on. To calculate RSI, we first need to calculate the exponential weighted average gain and loss during the period then we use the same formula to calculate Exponential Moving Average. the Relative Strength is the ratio between the exponential avg gain divided by the exponential avg loss. the RSI is calculated based on the Relative Strength using the following formula. calculating the range of each candle then calculating the average value of the ranges RSI is the average value of the ranges. "

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PYTHON TRADING BOT #1 - Installing Metatrader 5 and creating a demo account

BOT DE TRADING PYTHON #1 - Instalando Metatrader 5 y creando una cuenta demo

In this video, the presenter demonstrates the process of installing MetaTrader 5 and creating a demo account that will be used later to test a Python trading bot. He provides options for opening a demo account and explains how to load the account onto MetaTrader 5. The presenter also promotes his website where he sells useful materials related to trading cryptocurrencies.

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PYTHON TRADING BOT #2 - BOT Design

BOT DE TRADING PYTHON #2 - Diseño del BOT

This video explains the design of a python trading bot which consists of several files, including bot.py that contains a class to store trading data, lists of ticks, and AI models that decide to open a trade or not. Other files such as macd.py, psi.py, and slow_apssred.py are used to compute values and determine when to buy or sell. The video creator also mentions upcoming explanations on gathering data for trading models and a website selling helpful trading documents.