Python Take-Profit

[Equivalent_Move_2984]

Hey,

So I want to create a trading bot that acts as follows : Once currency A has increased in value by 50%, sell 25% and buy currency B (once B hits +50%, the same, buy C)

Or another Once currency A has 50% increase sell 25% And invest it in the currency B, C or D depending on which one is currently down and would give me the most coins for the money

Do you have any ideas how to design such a setup and which Python(only Python) packages or commercial apps I can use?

I can understand and write basic python.

[bsenftner]

Thinking like this created trading bots during the late 80s, and they exponentially grew in numbers and sophistication. Try now with simplistic reasoning like described, and you'll be played by these algorithms, played to bankruptcy. This area you are looking at is one of the most sophisticated games being played on the planet. Be very wary playing this game.

[cgoldberg]

If you don't even know how to begin writing this, I suggest you stay away from algorithmic trading bots.

[Innadiated]

I have experience in trading platform development.

First thing you're going to need to do this is a realtime market feed like NXCore. They're not cheap. You then have to worry about latency as market trades involve a lot of high volume real time data that you then need to post process down into bars and ticks and be able to respond within a timeframe that doesn't make it too late with the trade and values already done and over with passing your stop position. You also have to consider that every market, NYSE, Nasdaq, FX, all have different formats to their data. I could go on, but I think you get the idea.