I just released a beta of the new bot I’m building based on the Alpaca API. You can check it out at https://robostocktrade.com/. The bot only paper trades for now. In order to use the bot, you will have to link your “paper trading” API keys and select the amount of equity you want the bot to trade with and strategy. The bot is fully automated, meaning it generates its own watchlist, targets, stops, and buy/sell orders. As long as the browser is open on the bot, it will auto wake up and start trading during market hours. Aftermarket hours the bot will sleep until the market is open again.
**Note: The bot can only handle one transaction at a time, therefore you can’t hold multiple open positions in your paper trading account. Also, don’t try to trade in the paper trading account, while the bot is active as this will confuse the bot.
I’m willing to try this out while I’m primarily backtesting and not walking my own algo through papertrading
Happy to check this out @RoboTrader. I’ve input my paper credentials but I guess I don’t see how I’d input a strategy. Are there getting started docs anywhere?
Simple input your alpaca key to link the bot, you know it is linked when you can see your equity balance in the chart area. After that click the optimal settings button, to load the default trading strategy settings. Just keep a browser tab open to the https://robostocktrade.com site and the bot will sleep until the market is open and then wake up, pull in a watchlist, and start analyzing for trading opportunities. The bot has been recently update to long, short, and hold positions overnight that it thinks will be successful in the morning all fully autonomously.
Thanks again for your support
Paper creds input and set in a browser until tomorrow morning! Excited to see the results here
ok let me know how it goes…
I will test it out from Wed morning on paper account. Is there any new information I should be aware of?
how’s it working so far for you…
Day 1: Swing Trade with about $100,000 on paper account;
3 wins/ 0 loss
Gain / Loss %: 0.74%
Gain / Loss $: $739.85
Will test Day Trade Thursday and Long&Short on Friday.
Plan for weekly test on each starting Monday.
2 wins and $500 profit today. Had internet problems, so not full day test.
Will give a better report tomorrow.
Nice how is it doing today? I made some updates…
My past 5 day stats are gain/loss -$270.45
I think I have had the tests set to “swing trade” but am not 100%
The bot seems to enter trades and exit pretty quickly, sometimes possibly without reaping the full benefit of a trade going in its favor.
I feel like most days I’ve glanced at it there seem to be more losing trades than winning ones, but this is a rough estimate.
past 30 days stats: gain/loss %.003
Switching the bot to day trade to see if that suits it any better.
Just release a new build with updated settings for stoploss and gain lock-in %