Automated Trading System using Excel to Identify Setups in E-Signal and enter orders into RediPlus
Need programmer to automate a trading strategy using real-time streaming data from E-Signal to identify chart pattern set-ups and send orders into RediPlus (Goldman Sachs' trading platform). Trade management after entry will be part of this program. Specific rules for what and when to trade and when not to trade will be provided. Development of user settings to allow for changes in the strategy will include: symbol, time of day, time since last position exit, time since entry, number of trades taken, total time in position, amount of favorable price movement since entry, etc. Program will also need to achieve "one cancels other" order functionality, and "one updates other" order functionality. Program will be used and tested on one stock, but ultimately should allow for adding symbols for scale-ability, and will therefore also need user defined settings specific to risk management rules including: position size according to volatility of stock, maximum daily loss, maximum position size per stock, maximum overall position size, etc. While this sounds like a lot, I envision that this would be a fairly simple program to develop by starting with my most basic needs, and if it proves that it will run as I expect, I would anticipate wanting to add functionality and additional options and user settings described above.