Sub: Algo App - any recommendations? Looking for Flexible strategy build options
please suggest a best Algo app - with flexible strategy build options.
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There should be a provision to mention, what to do, when an event occurs - when Target reached/ SL hit - there should be a provision to perform 2 tasks at least.
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Buy/ Sell a straddle for every 100pts up/ down
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Exit a straddle when there’s 100pts up/ down
Wanted to do this, in a single strategy.
Any help/ recommendation appreciated.
You should code the Algos yourself using a programming language you are comfortable with. If you want best speed then Java, dot net and C++ are superior. Python is simple to code, but speed is worst. If your algo setup is around creating straddles then using Python shouldn’t be a problem. C++ has best speed, but is toughest to code and so there is a higher chance to write poor quality and defective code.
Java gives a good balance between simplicity and speed. I build all my Algos myself using Java and never resort to any external Algo trading apps.
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Interesting.
I’m with a programming background.
No patience, over these days, to code, test & deploy.
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