Hi everyone,
I'm a newbie here and I have something more than a basic knowledge of Python but I can't seem to get a graps on Quantconnect. Usually I rely a lot on Stackoverflow whenever I have doubts but with Quantconnect this is not possible as there is too little out there to fish from.
Well... I am trying to learn how to use it and I am trying to create an algo based on this strategy I found on YouTube.
https://www.youtube.com/watch?v=hAYul735zEc&list=PLREgIwX6XCuZ3gVkfCyuHZ90yWA0prYi4&index=7&t=7sMy idea was to start with one strategy and then let the algo scan the markets for oportunities on the most common pairs. Also the other idea was to connect it directly with one of the brokers already integrated in Quantconnect (no preferences there) and then tweak and adjust, after backtesting, the take profit strategy.
I would use this algo to papertrade for 2-3 months and then maybe put some real money into it and see how it does. It seems super promising, but then again... it's YouTube, so I don't completely trust it.
Can anybody help? Thanks.
Dario.
Derek Melchin
Hi Dario,
Welcome to QC!
The strategy uses two technical indicators, RSI and Stochastics. Both of these are available as built-in indicators in our backtesting engine. Refer to the documentation here. Since the strategy uses historical indicators values, we should include some RollingWindows.
To get started building the strategy, we recommend learning the basics of our backtesting engine through the Learning Center. There are also plenty of example algorithms in the documentation or in the forum. For more hands-on assistance, consider connecting with one of the community tutors. Once you have some progress, feel free to post the backtest to this thread for further guidance.
Best,
Derek Melchin
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