The Idea

For a quantitative day trader, the income is very directly proportional to the time invested. This bot would essentially automate the entire process and help navigate, even thrive in uncertain and fluctuating markets.

Essentially, for people who trade stocks multiple times a day every day, their income is directly proportional to the fluctuation in price and the amount of time they invest because the higher the fluctuation, the higher are the jumps in every trade and more number of trades means more income. But this means that this income is capped by your time which essentially puts a certain monetary value on your time which is ethically priceless and this is a crime in many perspectives.

This script-bot targets to solve this problem by taking out all human effort of pressing the buttons by working on a basic set of principles completely autonomously, this also eliminates the factor of human emotion by boiling everything down to mathematics. So you can do everything you’d do on a normal day while your money grows itself with an ensured profit at the end of each day (hopefully).

Check this out (I am doing this for testing a parser, overlook) Woooo.

Functioning

Objectives

Mathematical Principle

The bot essentially works on the idea of threshold values and complete autonomous powers to trade (buy, sell or keep). If the stock rises by a certain threshold, it buys, and similarly, the moment it drops beyond a certain threshold, it sells. This pretty much ensures a profit.

Factors to take into account

  1. Volatility (essentially, fluctuation in the price and fluctuation in this fluctuation over time)
  2. Expected price vs current price
  3. Peaks and valleys against the time of the day (previous data)
  4. The trading and conversion fee

Tech-stack and arrangement

Phases of development