ACQUISITION OF ALGORITHIMIC TRADING/ DEVELOPMENT OF TRADING BOT

Having trades that are timed correctly and instantly to avoid significant price changes, Reduce the possibility of mistakes by human traders based on emotional and psychological factors is made possible with the use of algo trading. My name is Okwechime Dennis from Grand Investments London and we would like to work with your company to have our personalized bots for trading our system. DESCRIPTION OF OUR STRATEGY We use trend- following strategy such as moving averages, channel breakouts, price level movements, money follow index, stochastic and related technical indicators. For example we exit and enter trades at certain levels of the stochastic and money flow index as well as seeing cross of paths of the moving averages on different time frames and most importantly risk management and frequency of trades. This can be discussed further on a scheduled online meeting if you are satisfied with certain conditions we have. TERMS AND CONDITIONS The source code of the algorithm would be given to us after completion of the program. Your company would be responsible for the connection of the bots to the trading view and also our live accounts. Continuous adjustments may be done in the first two months till we have a perfect trading algo. There shall be a 2 weeks – 3 weeks Trial mode to avoid the following ; • System failure risks • Network connectivity errors • Time – Lag between trade order and execution • To detect improper algorithms • Incomplete Back testing. ACQUISITION OF ALGORITHIMIC TRADING PAYMENT This can be discussed and an agreement reached if we are sure you can carry out the proposed strategy CONTACT; Kindly Send an email to d.okwechime@grandinvestmentslondon.com if you have questions or you need further information. QUESTIONS TO ASK 1. Signal module a. When does the strategy works and when does it fail ? i. expected min/max/avg win rate% ii. stop loss policy b. Exits: Start with the end in mind, it is a question of probabilities i. Stop Loss: most important ii. Profit taking: reduce risk iii. Time exit: kick-out the free loaders iv. Final exit: Close all opened positions c. Entries: i. Initial: simplify, purify, easy to get in, hard to stay in ii. re-entries: keep that thought in mind and you will simplify your initial entry criteria 2. Money management a. When does the strategy works and when does it fail ? i. drawdown magnitude ii. drawdown frequency iii. recovery period b. What is the minimum, maximum risk ? c. How many positions ? Min, Max, Avg 3. Order management a. Local management or broker server i. some FX brokers allow (encourage) HFT to game their servers and trigger limit/stop loss orders. We literally traded off the charts for a while. ii. Local order management routine