Add new trading rules to InferTrade that use the technical analysis rules with conventional recipe

ta-oliver / infertrade

Open source trading and investment strategy library designed for accessibility and compatibility

Apache License 2.0

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Add new trading rules to InferTrade that use the technical analysis rules with conventional recipe #141

Closed ta-oliver closed 1 year ago

ta-oliver commented 3 years ago

Currently we have rules that calculate a technical analysis rules and then determine positions by linear regression.

The class used to calculate the allocation from the signal is here.

Many technical trading rules do not use a regression to calculate their sizing, but use entry and exit rules based on a formula.

We therefore want to create trading rules that replicate the conventional trading approach along the current option of sizing through regression.

To do so we need three things:

[x] Choice and description of standardise trading approaches. (Cal)
[x] Updated trading rule functions that calculate the allocations. (@bi-kash )
[x] Documentation (LaTeX/PDF) for these new trading rules. (@fhashim )

The new Python rules should be in here. The tex files and PDFs should be here.

Images that may be needed are here

ta-oliver commented 3 years ago

@fhashim - unfortunately we can't link issues unless they fully address an issue (as issue will close prematurely when PR is merged).

Cal231995 commented 3 years ago

Here is the sample of one of the most basic use tech indicators for traders.

The condition/parameter is to give a buy signal when the price is above ema50 and vice versa give a sell signal when the price is below the ema50. (we can adjust the ema length later depend on user).

We're trying to test it with @bi-kash and once ready for testing we can add more complicated ones, tech indicators that are used in traditional ways by traders. ![Uploading ema 50.JPG…]()

Cal231995 commented 3 years ago

DECRIPTION : EXPONENTIAL MOVING AVERAGE (50)

CONDITION/PARAMETER : GIVE A BUY SIGNAL WHEN THE ASSET PRICE CLOSED ABOVE THE EMA50 VALUE AND VICE VERSA GIVE A SELL SIGNAL WHEN THE ASSET PRICE CLOSED BELOW OR LOWER THAN EMA50 VALUE ema 50

LINK FOR FURTHER DETAILED EXPLANATION OF EXPONENTIAL MOVING AVERAGE: https://www.investopedia.com/terms/e/ema.asp

Cal231995 commented 3 years ago

Hi sir @ta-oliver , for your comments regarding this format of documentation here in gihub. Thanks

ta-oliver commented 3 years ago

Let's move each trading rule addition to its own GitHub issue? You can use "Reference in new issue" to do this.

Cal231995 commented 3 years ago

noted sir. thanks

ta-oliver commented 3 years ago

Many thanks @Cal231995 , @bi-kash and @fhashim !

Shall we close this issue or are there any other technical rules we would like to add?

john-adrian-cal-inferstat commented 3 years ago

Many thanks @Cal231995, @bi-kash, and @fhashim!

Shall we close this issue or are there any other technical rules we would like to add?

Hi, Sir @ta-oliver I think we can close this one now. we can add more in the future for any developments that might come. Thanks.