Forex Algorithmic Trading with Python : Build a DCA Bot

There are 8 main sections in this course

1. Basics of Python
2. Data Analysis with Pandas Library in Python
3. Basics of Forex
4. Building the DCA Strategy Plan
5. Algorithmic Trading with mt5 Library
6. Building the Trading Bot
7. Multiprocessing ( Trading Multiple Currency Pairs Simultaneously )
8. Live Trading

Basics of Python –

This section is for absolute beginners in python. We are discussing about following topics.

• Installing Python and Setting up IDE
• Print Function and F Strings
• Variables and Basic Data Types in Python
• Operators in Python
• Python Functions
• Global and Local Variables in Python
• Working with Lists
• Working with Dictionaries
• If Else Statements in Python
• While Loops, Break and Continue Statements
• For Loops
• Classes and Objects in Python

Data Analysis with Pandas Library in Python

Pandas is a Python library created for data analysis. We are using this library to do essential forex calculations.

We are discussing about,

• Pandas Series
• Pandas Data Frames
• Selecting Specific Rows and Columns in a Dataframe
• Selecting Rows in a Data Frame by Conditions
• Iterating Colums in a Dataframe

Basics of Forex

We will discuss terminology in forex and do essential calculations.

• Installing MetaTrader and Setting Up a Correct Broker Account
• Types of Currency Pairs in Forex
• Bid, Ask and Spread
• Lots, Pips , Leverage and Margin
• Essential Calculations
• Types of Orders in Forex

Building the DCA Strategy Plan

In this section, we will be designing blue print of our trading bot

Algorithmic Trading with mt5 Library

We are creating functions of our trading bot(Functions for Opening and Closing Different Types of Orders with Python

Getting Current Position Details,

Basic Calculations ( Profit/Loss , Margin , Total Volume ))

Building the Trading Bot

We are putting all the functions together and assembling the bot

Multiprocessing

We are putting all the functions together and assembling the bot

Live Trading

We are waiting for suitable market conditions and correct currency pairs.

Then we do live trading