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A fully automated Trading Bot using Ichimoku Indicator

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winwinashwin/edartPy

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edartPy

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Setup

  • Install dependancies
pip install -r requirements.txt
  • Run application
python3 application.py

Description

A fullyautomated Trading bot built in python with anappealing Command Line Interface. The bot uses the Ichimoku Indicator and employsKumo Breakout strategy for generating buy and sell calls.

Disclaimer : This application is just a starter code for real time use. This is yet to be integrated with a trading broker API

Workflow

Whole activity of the bot can be divided intofour phases:

  • Idle phase

Stay Idle for the market to settle, then find the relevant stocks to focus on. Each of these stocks is then passed to each trader by the master

  • Observation phase

Each trader observes the stock price for 80 (default) periods to set the Ichimoku parameters

  • Trading phase

Traders make buy and sell calls according to the Ichimoku components and updates the same

  • Shutdown phase

By this point intraday trading has been complete and traders save the activity in json format

References

  • Balkrishna M. Sadekar - How to Make Money Trading the Ichimoku System

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