day-trade-bot

This project reviews development of an application that will automatically day trade. Orders will be triggered, based on a stock's performance.

Step 1: Obtain stock data

I choose to use a combination of Yahoo's and Kibot's finance API to obtain stock history.

Step 2: Analyze/calculate stock's performance

At market close, I analyze all Nasdaq and NYSE stocks and determine which to buy based on the following criteria:

1. Stocks with high average volume.

2. Stocks that pay dividends.

3. Stocks with a low positive P/E ratio.

4. Stocks that have 50 day moving average above the 200 day moving average.

Stocks meeting the above requirements are posted to a daily report.

Step 3: Choose brokerage

Take your pick of a brokerage with an API.

Step 4: Set buy/sell trigger

I check for the following intraday movement against the above daily report's stocks:

1. Price/volume differentials.

2. Moving average changes.

If the above criteria is meet, buys are triggered.

Please direct any questions or comments to [email protected] Disclaimer: This is not investment advice. Use at your own risk.