Client Background
Client: A Leading Trading Firm in the USA
Industry Type: Finance
Services: Trading, Consulting
Organization Size: 100+
The Problem
- Automate trading on the MT4 terminal for forex when certain conditions are met, and end trade at the best exit point.
- Save mt4 forex data for a instrument live for every tick.
Our Solution
- Use PyTrader to log into trading system (mt4) for 2 brokers.
Use live prices to identify when prices diverge.
Buy one currency on broker 1, sell currency on broker 2.
Hold until prices come back together. - Coded a MQL4 script that will save tick data (bid, ask, open, high, low, close) for any instrument when active
Solution Architecture
Deliverables
- Python Script to Automate the two Meta Trader 4 terminals, and trade when some conditions are true and break the trade at a exit point.
- A MQL4 Sript that will Save the Live tick data (Bid, Ask, Spread, Open, High, Low, Close) in a CSV file.
Tools used
PyTrader
numpy
pandas
Language/techniques used
Python (Automation)
Mql4 (To save tick data)
Business Impact
Client requirements were to automate his forex trading strategy on Meta Trader4 terminal, so that he doesn’t have to bother trading anymore, the Python script we designed to not only do it, plus it offers a safe exit point for Ongoing Trades, that saved the client’s money and time.
