Hello how to develop the best robot

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How can be the best professional developer
 
Faith Wairimu Kariuki:
How can be the best professional developer

There is one reliable method - love what you do and keep digging in for 20 years.

No shortcut to "best" in this field - just persistent learning plus a lot of broken EAs along the way.

 
Read through articles, amd maybe start with momentum trading. Otherwise, discover which trading strategy aligns with you, and then work to automate it, but don't expect it to be easy - problems are faced along the way. You will realize that a trading bot isn't just something that blindly follows rigid rules, but is something that must have a traders insticts as well - for example...managing risk, and avoiding news impact times.
 
Conor Mcnamara #:
Read through articles, amd maybe start with momentum trading. Otherwise, discover which trading strategy aligns with you, and then work to automate it, but don't expect it to be easy - problems are faced along the way. You will realize that a trading bot isn't just something that blindly follows rigid rules, but is something that must have a traders insticts as well - for example...managing risk, and avoiding news impact times.
All your posts are about news impact. How many money did you lost due to that to be so obsessed? Have you ever considered that there are people making money consistently without even considering the news and without skipping that time? 

A strategy that cannot survive to a news release is a strategy destinated to fail, because can't handle volatility.
 
Fabio Cavalloni # :
A strategy that cannot survive to a news release is a strategy destinated to fail, because can't handle volatility.

Interesting.
As true as false without looking at the details

 
Gerard William G J B M Dinh Sy #:

Interesting.
As true as false without looking at the details

Exactly, details make the difference. Saying that avoiding news time is a mandatory requirements to build a solid strategy regardless of the strategy is a lack of knowledge and an approach full of fear.

All movements that broken accounts in latest 5 years did not happened after a news release. I can make you a lot of examples, NZD crash few months ago, GBP crash in 2022, JPY crash in 2019. No one of these was cause by a single news release but by black swans or long trends due to geopolitics.

Skipping news time can be helpful only if you use strategy with very tight stop losses that of course can be triggered in seconds during a high volatility moment. The fact is, there may be a lot of volatility moments even out of news time. 
 
Trading on the news is so simple, you just need to start with a delay of a couple of seconds, catching *knives* is profitable if there is a reaction to the movement.
 
Fabio Cavalloni #:
All your posts are about news impact. How many money did you lost due to that to be so obsessed? Have you ever considered that there are people making money consistently without even considering the news and without skipping that time? 

A strategy that cannot survive to a news release is a strategy destinated to fail, because can't handle volatility.

All automated scalping strategies lose trades in news impact. Indicators don't calculate where the market will pivot before the impact. You only survive the news impact with swing trade strategies, or longterm strategies...or through hedge strategies. My view is that the more brain and risk management options you give to an EA...the better.

 
Faith Wairimu Kariuki:
How can be the best professional developer

  1. You have to envision a strategy as a "lead" for prospective codification and testing.
  2. Envisioning is easier with Renko bricks or range bars because those chart structures smooth out price and simple indicators.
  3. As Conor Mcnamara said, swing trading will see you through all kinds of market noise. Focus on it. A good swing trading EA will survive the noise. An excellent swing trading EA will end up front-running the noise.
  4. Ideas arrive at the strangest times. Keep a pad and pen on your nightstand. I have seen charts and code in my sleep. I'm still looking for a waterproof solution for the shower/tub.
  5. Code any strategy that at least shows anecdotal profits.
  6. If you can't quantify it, then you can't code it. This usually includes news and black swan events.
  7. Don't be afraid to work on more than one strategy at a time. This is a developmental hedge, if you will.
  8. Backtest each EA that was worth coding to completion on 10 to 20 years of historic data.
  9. Keep in mind that a "draft" EA that breaks even using initial (often arbitrary) settings can likely be made profitable by way of tweaking entries, exits, and/or money management.
  10. Focus on "black & white" statistics. The Tester automatically generates more statistics than the average trader probably looks at.
  11. Continual coding will improve your coding efficiency, and your improved coding efficiency will allow you to write more EA's faster (positive feedback loop).
  12. The more EA's that you code and tweak, the more likely it is that you create a highly profitable one.
  13. Oleksandr Medviediev said 20 years for success. If you go full thermonuclear obsessive, I'll say 15. 
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