Algorithmic Trading on Nifty - Start of a New Project
Hello Guys! I'm Dipasha and this is my first attempt at recording my project's journey.
Let's start with the first blog of this project. The inspiration behind this project was mainly my own convenience and interest. I took two classes in college for finance and sadly I didn't gain as much knowledge as I hoped I would (I was skipping them).
But still my passion to make (or lose) easy money has not died.
So here's a short blueprint of what I think the milestones are going to look like:
- Study. Yes I need to do the mundane bit of actually understanding what I am doing. What do these numbers mean. Mom, what's this "Moving Average" that they are talking about? Moving Average was my nickname in high school.
- Data Collection: Use Alpha Vantage API for historical and real-time Nifty data. Collect OHLC (Open, High, Low, Close), volume data.
- Exploratory Data Analysis (EDA): Visualize price trends and technical indicators. Analyze volatility and do correlation analysis of features.
- Some Strategy Design. Be it moving average crossover or the good old RSI. Please guide me more in the comments. Let me trouble you.
- Backtesting with pandas 'cause its cool
- Evaluate what I did. If I hate it this blog goes down.
- GO LIVE! There goes my life savings! I don't need term life insurance when my family can get Reliance Stocks!
That's it. A rough plan. Alright guys see you later!
Comments
Post a Comment