This algorithm uses a combination of volume, OBV, and CMF indicators to execute trades in the EUR/USD market. It is designed to run on Python 3.8 and requires the following libraries: pandas, numpy, backtrader, ta, and pyyaml.
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Install the required libraries by running
pip install -r requirements.txtin your terminal. -
Create a
config.ymlfile with your desired parameters, including your trading strategy, time frame, and risk management. -
Run
main.pyto start trading live, or runbacktest.pyto backtest your strategy on historical data.
The config.yml file contains the following parameters:
strategy: The trading strategy to use. Options includeMA_cross,RSI, andMACD.timeframe: The time frame to trade on. Options include1m,5m,15m,1h, and1d.risk_management: The risk management parameters. Options includefixedordynamic, and include thestop_lossandtake_profitparameters.
To backtest your trading strategy, run backtest.py in your terminal. The results will be saved to a backtest_results.csv file.
To start trading live, run main.py in your terminal. Make sure to adjust the config.yml parameters to suit your needs, and monitor the trading activity closely.
Trading forex carries a high level of risk and may not be suitable for all investors. The algorithm provided is for educational purposes only and should not be considered financial advice. Always do your own research before making any investment decisions.