Need to build in a very cost-efficient a simple program that can trade two stocks , one long and one short (pairs trading) through the interactive brokers API. To give you an idea please take a look at [url removed, login to view], you can download it to get an idea. Also, if you have already built software like this I am open to different GUI as well.
1. Must be able to enter two symbols and divide one into the other to obtain its ratio. (Stock A / stock B) and enter a mean/moving average and software will track the pair ratio for extreme standard deviations from the mean. Mean/moving average must be customizable for each pair.
2. information/data shown on page will be current standard deviation, % from mean,relative strength of ratio, relative strength spread between the two stocks. Would like correlation and co integration if possible, would be good to have but not necessary in version 1.0.
The lookback period for mean, relative strength, correlation and co integration must be customizable and settings saved so I dont have to keep entering settings when software loads.
3...stop loss. ability to set stop loss by % loss of trade or dollar loss. Remember one trade = 2 stocks.
4.. Entry. Must be able to tell software to enter by dollar amount. EXAMPLE... Enter 3000.00 dollars per leg. Software will calculate the shares needed per leg and send order that will be the closet to 3000.00 dollars.
More details attached as they were too long...
Preference will be given to programers who can show me work they have done in the feild already and who understand pairs trading. Also must be able to clearly understand English.
Also forgot to mention that entry should be able to enter on a set threshold of % from mean as opposed to standard deviation. a chart of % from mean would be helpfull in determining the extreme values of at least 80% threshold. You can see what a chart of % from mean looks like at pairslog.com accounts are free. its all the way at the bottom.
software must be able to run multiple instances of itself at same time with different settings and be able to connect to interactive brokers simulation paper trading account to run simulations before a strategy goes live.
This is additional info regarding entry and exit techniques for the pairs trading auto trader/ statistical arbitrage software needed. Please forgive me for the crude drawing but it can give you some idea af the settings I would need. The layout does not have to be exact but everything must be properly labeled.
19 freelancere byder i gennemsnit $749 på dette job
Hi I have created an auto-trading app for IB for my own use, which I can adapt to meet your needs. Besides trade automation it also has a very powerful backtesting engine. Is that something you're interested in?
Hello fellow interactive brokers account holder! I actually have a lot of experience with the IB API, but I use a python wrapper instead of their java one. Please get in touch because I can really help you!