Access to BTCUSD/XBTUSD market data for backtesting and triggering external alerts?

Created at 25 Feb 2019, 17:00
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pmedia's avatar

pmedia

Joined 25.02.2019

Access to BTCUSD/XBTUSD market data for backtesting and triggering external alerts?
25 Feb 2019, 17:00


Hello I'm currently working on some automated Crypto trading stragies outside of cTrader and while researching for Grid based strategies i found this one that's meant for forex:

https://clickalgo.com/ctrader-forex-grid-system

I have been told that it also support Crypto but this is a bit unclear at the moment.

I have my own tradeengine that can be triggered via email alerts so I would like to understand a few things:

1: Does cTrader have access to market data for tickers BTCUSD from Coinbase/BitStamp or XBTUSD via Bitmex so proper backtesting can be performed.

2: Is it possible to have these external alerts trigger via a blackbox strategy as the one mentioned?

Regards

Nick

 


@pmedia
Replies

PanagiotisCharalampous
25 Feb 2019, 17:24

Hi Nick,

Thanks for posting in our forum. cTrader is a CFD trading platform therefore it does not have direct access to crypto exchanges. However there are several cTrader brokers that offer cryptocurrency CFDs via cTrader.

Regardng point 2 it is not clear to me what do you mean with external alerts. Can you please elaborate?

Best Regards,

Panagiotis


@PanagiotisCharalampous

pmedia
25 Feb 2019, 17:32

Thank you for the reply Panagiotis,

I have my own trading engine that connects to the crypto exchange so what I need to understand is if cTrader can trigger these external actions from within? If this is possible then it should be possible to use a strategy like the one mentioned: CTRADER FOREX GRID-HEDGE
And then define these alerts on the internal actions like Buy/Sell, take profit and so on.

I'm unfamiliar with cTrader, but for my needs the platform (ctrader/mt5/tradingview and more) are used as the decision part of the architecture and externally these decisions are handled.

Regards
Nick


@pmedia

PanagiotisCharalampous
25 Feb 2019, 17:38

Hi Nick,

cTrader cannot connect to an exchange. It only connects to the liquidity offered by your broker.

Best Regards,

Panagiotis


@PanagiotisCharalampous

pmedia
25 Feb 2019, 17:39

I think you misunderstand me, I dont need cTrader to connect to an exchange. 


@pmedia

PanagiotisCharalampous
25 Feb 2019, 17:55

Hi Nick,

Do you need to read external alerts using cTrader and execute the traders with in cTrader?

Best Regards,

Panagiotis


@PanagiotisCharalampous

pmedia
25 Feb 2019, 17:57

No I need the opposite. cTrader should produce the alert based on the strategy used and then trigger the external ordersystem as described.


@pmedia

PanagiotisCharalampous
26 Feb 2019, 10:13

Hi Nick,

In principle it is possible. But I cannot advise you futher than that since I do not have any details about what you are talking about.

Best Regards,

Panagiotis


@PanagiotisCharalampous

pmedia
26 Feb 2019, 10:22

Thanks,

Yes I posted here as I expected developers to be responding to the thread so we could discuss this. Is this the wrong place to reach out for that?


@pmedia

PanagiotisCharalampous
26 Feb 2019, 10:35

Hi Nick,

No it is not but I am not sure what do you expect to hear. You have asked if cTrader can send external email alerts and I said that this is possible. Here is how

Best Regards,

Panagiotis


@PanagiotisCharalampous

ClickAlgo
26 Feb 2019, 10:37

Hi,

I think what you are looking for is an architecture that publishes messages from an automated trading system using a cTrader cBot on a PC/Server to one or more subscribers on a remote PC/Server that will listen for these messages, the data in the message packets can be used to open trades on another trading platform or direct to an exchange.

If I am correct you need to create a detailed non-technical functional document outlining how you see your trading model working, you could then approach us or another company with this document to see if it is possible to build this system. You would also need to do some homework to make sure that the exchange you want to connect to provides an API so that it is possible to submit and manage orders. All of this information and research will need to be completed before you approach a company to help you. 

Please revert back to me again if you want to discuss this further, but it may be worth noting that we will not be able to modify any of our products we sell, so you would need to either provide your own trading system with source code or we can build you one to your specifications.

Paul Hayes
Sales & Marketing
Emailcontact@clickalgo.com
Phone: (44) 203 289 6573
Websitehttps://clickalgo.com

ctrader specialists

Twitter | Facebook | Google+ | YouTube | Pinterest | LinkedIn


@ClickAlgo

pmedia
26 Feb 2019, 10:56

Thanks Paul,

The architecture outside of cTrader is already done, we have a tradeengine that can be triggered buy emails, so that's why i was trying to figure out if your script could be used for this purpose. Since cTrader can fire emails on the signals then it may work with your script?

 

Regards
Nick


@pmedia

ClickAlgo
26 Feb 2019, 11:10

Hi, Nick,

Many of our trading systems will send an email when there is a signal for a trade, but the grid-system does not have this feature, using emails is not the most effective way of doing this as there is a time lag you are better off using an SMS or Telegram instant message, but if the time lag is not a problem then continue to use emails.

Anyway, why not download a trial version which sends messages when there is a trade signal like the product below and sees if it works?

https://clickalgo.com/ctrader-moving-average-instant-alert-messages

We could always add a setting in the grid-hedge system that will send an email each time there is a trade signal.

https://clickalgo.com/ctrader-forex-grid-system

Paul.


@ClickAlgo

pmedia
26 Feb 2019, 11:14

Great Paul,

I will research more,
The 2nd important thing to understand is if cTrader has access to BTC pricedata for proper backtesting? I tried asking this but it got ignored/misunderstood.

 "Does cTrader have access to market data for tickers BTCUSD from Coinbase/BitStamp or XBTUSD via Bitmex so proper backtesting can be performed."

Regards
Nick


@pmedia

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PanagiotisCharalampous
26 Feb 2019, 13:42

RE:

pmedia said:

Great Paul,

I will research more,
The 2nd important thing to understand is if cTrader has access to BTC pricedata for proper backtesting? I tried asking this but it got ignored/misunderstood.

 "Does cTrader have access to market data for tickers BTCUSD from Coinbase/BitStamp or XBTUSD via Bitmex so proper backtesting can be performed."

Regards
Nick

Hi Nick.

I answered this question in my first reply. See below

"Thanks for posting in our forum. cTrader is a CFD trading platform therefore it does not have direct access to crypto exchanges. However there are several cTrader brokers that offer cryptocurrency CFDs via cTrader."

Since cTrader doesn't have direct access to crypto exchanges then it cannot have price data from them as well. However some brokers offer cryptocurrency pairs for trading through their own liquidity sources, therefore you might use their price feeds for testing.

Best Regards,

Panagiotis

 


@PanagiotisCharalampous

pmedia
26 Feb 2019, 13:45

Thank you, then it was me misunderstanding you, sorry about that.

So the question is if Paul has access to BTCUSD data via his product?

Regards


@pmedia

PanagiotisCharalampous
27 Feb 2019, 10:25

Hi Nick,

Many brokers have price feeds for cryptocurreny pairs. We even have some on cTrader Public Beta. You can check them to see if they suit you.

Best Regards,

Panagiotis


@PanagiotisCharalampous

muzammilak811
14 Oct 2019, 13:23

RE:

pmedia said:

Hello I'm currently working on some automated Crypto trading stragies outside of cTrader and while researching for Grid based strategies i found this one that's meant for forex:

https://clickalgo.com/ctrader-forex-grid-system

I have been told that it also support Crypto but this is a bit unclear at the moment.

I have my own tradeengine that can be triggered via email alerts so I would like to understand a few things:

1: Does cTrader have access to market data for tickers BTCUSD from Coinbase/BitStamp or XBTUSD via Bitmex so proper backtesting can be performed.

2: Is it possible to have these external alerts trigger via a blackbox strategy as the one mentioned?

Regards

Nick

Bitstamp exchange has been growing very rapidly over the last few years, it is offering one of the best service to the users.

 


@muzammilak811

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rochellenwslkers
01 Jul 2020, 01:40

Hey guys. What is your opinion of the current situation with crypto? Did coronavirus affect crypto ? I have invested a lot of money in crypto in 2019, right before the pandemic. I am afraid that the price of my coins will go down, and I am thinking about convert coin, using a very nice platform that I have found on the internet recently. What do you think about that? It is very important for me to read the opinion of more experienced traders, so, please share your thoughts here, I would really appreciate that. I have read a lot of articles on the internet, and there are a lot of different opinions, and I don't know whom to trust.


setteriz
11 Feb 2021, 00:04

With the rise in popularity of cryptocurrency, the number of fraudulent schemes has increased. Therefore, before transferring your money, make sure that this is a legal exchanger or exchange and that your money is safe


@setteriz

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