Hi Chris, Nathan, MetaTrader only works with Forex, unless version 5 has expanding out the types of securities that can be traded.
When I looked at Share trading years ago, the trading books often talked about "filters", automated tools for locating shares based on set criteria. This might be what you are after: http://www.google.com.au/search?q=share+trade+filters A lot quicker to re-use rather than re-implement. Its just a matter of whether they are cost effective tools to use. Cheers, Nigel On Mon, Oct 3, 2011 at 8:18 PM, Chris Were <chris.w...@gmail.com> wrote: > Nathan, > > I have previously worked in the broking industry developing trading > software for approx. 3 years -- there are lots of tools already out there > that do aspects of what you're after. I'd be very cautious and strongly > recommend doing extensive market research before embarking on such a > project. > > Also, do not under-estimate the complexity of building such as system - > along with the cost of getting the data from the ASX and other exchanges. > You should also be aware that it is incredibly difficult to connect to > existing brokers to execute trades with any software (let alone new / > untested software) - and all their systems are a nightmare to integrate > with. > > Have a look at Metatrader which supports a comprehensive scripting engine > that can be linked to alerts, placing of trades etc. > > Just my 2c. > > Cheers, > Chris > > On Mon, Oct 3, 2011 at 1:46 PM, Nathan <n8o...@gmail.com> wrote: > >> Thanks Geoff, >> >> Roboinvest looks interesting, however it appears it is still in an >> Alpha and not yet made available to the public, reserving a username >> does not give access it appears. >> >> Nicholas, I am aware there are plenty of trading platforms that allow >> you to set limits and receive alerts, (however i didnt know ASX did >> it, thanks) I wish the system to automatically select those stop >> levels for me. So i simply enter into the system that I bought share X >> and price Y and it automatically calculates the stop level for me >> based on some simple technical analysis. >> >> A short list of features would be >> 1) Ability Register a "buy" (share X at price Y, Div Yield Z etc) >> 2) Ability to register a "sale" (share X at price Y Div Yield Z etc) >> 3) System automatically calculates a suggested stop position and will >> automatically email you if its breached (stop positions are re- >> evaluated every night). >> 3) Technical filter run automatically every night which will pull out >> trending up stocks (those making new 52 week highs) [these can be >> emailed if desired] >> 4) Ability to review performance of your portfolio (buy and sell >> decisions put on a graph) >> 6) System automatically determines overall market health (puts the >> market in one of the four Dow Phases) >> 7) Investment calculator used during the buy process, the system >> suggests how many shares your allowed to buy based on your portfolio >> size and risk tolerence. >> 8) Coppock indicator usefull tool for picking the bottom of bear >> markets >> >> Are there any other features that people would find helpfull for >> managing their stocks. >> >> Nathan >> >> >> >> On Oct 2, 4:18 pm, Geoff McQueen <geoff.mcqu...@hiivesystems.com> >> wrote: >> > It sounds like a different problem than the one you're trying to solve, >> but >> > part of me is wondering if chasing the herd down a hole is actually a >> > problem you want to solve! >> > >> > Michael Giles, an Aussie in New York is working on Roboinvest. I've seen >> the >> > product, and really like it - it gives you the benefits of low time >> > investment trading with the ability to tie your buy/sell activities to >> > successful traders. >> > >> > More athttp://angel.co/roboinvestandhttp://www.roboinvest.com/. Again, >> > not the problem you're trying to solve, but if the problem is actually >> > investing with the best ratio of your time to expertise of investment, >> this >> > could be a lot better than chasing support levels and indexes. >> > >> > G >> > >> > On Sun, Oct 2, 2011 at 15:53, Nicholas Tong <nton4...@gmail.com> wrote: >> > > Hey Nathan, >> > > I use ASX and they have this functionality. You set a level and then >> it >> > > either emails/smses you with the alert. Is that what you were after or >> not? >> > >> > > On Sun, Oct 2, 2011 at 3:13 PM, nathan parrott <n8o...@gmail.com> >> wrote: >> > >> > >> The key point to this software would be a "Hands off until required" >> > >> approach, I use Commsec myself where I can create watchlists, the >> problem I >> > >> find with these watchlists is that I have to watch them! lol >> > >> > >> I want a system that will automatically watch my stocks for me, and >> alert >> > >> me when things start going south. I would also want this application >> to be >> > >> free to use (hence why i would develop it in house). I am an engineer >> and >> > >> not a day trader, I only want to watch the markets when they require >> my >> > >> attention (when I am flush with cash and looking to buy or when my >> stocks >> > >> start going south). >> > >> > >> [image: image.png] >> > >> > >> I have already developed much of the framework to do this ( >> > >>www.nathanparrott.com/mystocks) above is a screenshot of a "Review >> > >> Performance" section which shows you where you bought and where you >> sold for >> > >> the education reason you mentioned (The bought flag is missing there >> is a >> > >> bug somewhere). >> > >> > >> What I am thinking of doing is re-writing this software to make it a >> > >> really simple API based solution so that other developers can >> leverage it as >> > >> well. I would just like to know if there is any interest in a >> solution like >> > >> this, and if so what features would people find most usefull, and >> also if >> > >> anyone would want to work with me to test it out. >> > >> > >> Nathan >> > >> > >> On Sun, Oct 2, 2011 at 3:02 PM, Alexey Mitko <alexmi...@gmail.com> >> wrote: >> > >> > >>> I know that there are several websites that provide trend alerts, >> > >>> something likehttp://www.mysmartrend.com/. Also if you are a >> brokerage >> > >>> account (online or not), most of those companies allow you to create >> watch >> > >>> lists and/or provide lists of stocks that have been trading actively >> in the >> > >>> past weeks. >> > >> > >>> One feature I would be interested in seeing is realtime comparison >> of >> > >>> your portfolio to some benchmark and "what if" scenario. Most >> investors >> > >>> buy/sell stocks, but they don't go back a month after and examine >> their >> > >>> decision, they simply sell the stock and forget about it. If the >> software >> > >>> could show them that "you have done a mistake here, you should have >> held the >> > >>> stock longer" or "you have made a good decision, the stock kept >> declining" >> > >>> or "you did well, but there are some stocks in the same category >> that did >> > >>> better", then this sort of feedback could improve investor decision >> making I >> > >>> would think. >> > >> > >>> Cheers, >> > >>> Alex >> > >> > >>> On Sun, Oct 2, 2011 at 2:47 PM, n8ores <n8o...@gmail.com> wrote: >> > >> > >>>> Hi guys, >> > >> > >>>> I got frustrated about a year back after investing in some stocks, >> and >> > >>>> not having any simple easy way of monitoring them. All the sotware >> out >> > >>>> there (Google/Yahoo/ASX) simply provide all the stock information >> for >> > >>>> you and its up to you the diligent investor to monitor and manage >> your >> > >>>> entire portfolio, which requires daily commitment to the task >> > >>>> (Especially in today's volatile environment). >> > >> > >>>> I wanted some software that would automatically email me when my >> > >>>> stocks started down trending, or breaking through well known levels >> of >> > >>>> resistance etc to alert me to think about selling. Furthermore I >> didnt >> > >>>> want to have to select the stop levels, I wanted the software to >> > >>>> automatically do all of that for me, and email me if it thought I >> > >>>> should be paying some more attention to my portfolio (so I could >> get >> > >>>> on with my day job, and know I would be alerted when the markets >> > >>>> started their dive). >> > >> > >>>> I also wanted the software to pull out stocks that are trending up >> > >>>> (new 52 week highs etc) for my purchasing consideration. I wanted >> the >> > >>>> software to based around Collin Nicholson's book "The Aggresive >> > >>>> Investor". >> > >> > >>>> Im just wondering if anyone else would find this software useful, >> and >> > >>>> if so what difficulties are you having in managing your portfolio >> of >> > >>>> stocks/superannuation etc that would bennefit from a little >> > >>>> automation. >> > >> > >>>> Regards, >> > >> > >>>> Nathan >> > >> > >>>> -- >> > >>>> You received this message because you are subscribed to the Silicon >> > >>>> Beach Australia mailing list. >> Visthttp://siliconbeachaustralia.orgfor >> > >>>> more >> > >> > >>>> Forum rules >> > >>>> 1) No lurkers! It is expected that you introduce yourself. >> > >>>> 2) No jobs postings. You can usehttp:// >> siliconbeachaustralia.org/jobs >> > >> > >>>> To post to this group, send email to >> > >>>> silicon-beach-australia@googlegroups.com >> > >>>> To unsubscribe from this group, send email to >> > >>>> silicon-beach-australia+unsubscr...@googlegroups.com >> > >>>> For more options, visit this group at >> > >>>>http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en >> > >> > >>> -- >> > >>> Alexey Mitko >> > >>> University of Sydney - M. Accounting 12' >> > >>> University of Sydney - CEMS 11' >> > >>> The George Washington University - BBA 09' >> > >> > >>> Australian Phone Number -+61 >> 402191613begin_of_the_skype_highlighting +61 402191613 >> > >>> International Phone Number -+3 (725) 336 >> 8415begin_of_the_skype_highlighting +3 (725) 336 8415 >> > >> > >>> -- >> > >>> You received this message because you are subscribed to the Silicon >> Beach >> > >>> Australia mailing list. Visthttp://siliconbeachaustralia.orgfor more >> > >> > >>> Forum rules >> > >>> 1) No lurkers! It is expected that you introduce yourself. >> > >>> 2) No jobs postings. You can usehttp:// >> siliconbeachaustralia.org/jobs >> > >> > >>> To post to this group, send email to >> > >>> silicon-beach-australia@googlegroups.com >> > >>> To unsubscribe from this group, send email to >> > >>> silicon-beach-australia+unsubscr...@googlegroups.com >> > >>> For more options, visit this group at >> > >>>http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en >> > >> > >> -- >> > >> You received this message because you are subscribed to the Silicon >> Beach >> > >> Australia mailing list. Visthttp://siliconbeachaustralia.orgfor more >> > >> > >> Forum rules >> > >> 1) No lurkers! It is expected that you introduce yourself. >> > >> 2) No jobs postings. You can usehttp:// >> siliconbeachaustralia.org/jobs >> > >> > >> To post to this group, send email to >> > >> silicon-beach-australia@googlegroups.com >> > >> To unsubscribe from this group, send email to >> > >> silicon-beach-australia+unsubscr...@googlegroups.com >> > >> For more options, visit this group at >> > >>http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en >> > >> > > -- >> > > Nick >> > >> > > -- >> > > You received this message because you are subscribed to the Silicon >> Beach >> > > Australia mailing list. Visthttp://siliconbeachaustralia.orgfor more >> > >> > > Forum rules >> > > 1) No lurkers! It is expected that you introduce yourself. >> > > 2) No jobs postings. You can usehttp://siliconbeachaustralia.org/jobs >> > >> > > To post to this group, send email to >> > > silicon-beach-australia@googlegroups.com >> > > To unsubscribe from this group, send email to >> > > silicon-beach-australia+unsubscr...@googlegroups.com >> > > For more options, visit this group at >> > >http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en >> > >> > -- >> > Geoff McQueen >> > Founder & CEO >> > Hiive Systems >> > >> > Phone:1.877.425.7315begin_of_the_skype_highlighting >> 1.877.425.7315 (US) - 1800 2 44483 (AU) >> > Cell/Mobile:650.450.4384begin_of_the_skype_highlighting >> 650.450.4384 (US) - 0414.678.466 (AU) >> > >> > image.png >> > 74KViewDownload >> >> -- >> You received this message because you are subscribed to the Silicon Beach >> Australia mailing list. Vist http://siliconbeachaustralia.org for more >> >> Forum rules >> 1) No lurkers! It is expected that you introduce yourself. >> 2) No jobs postings. You can use http://siliconbeachaustralia.org/jobs >> >> >> To post to this group, send email to >> silicon-beach-australia@googlegroups.com >> To unsubscribe from this group, send email to >> silicon-beach-australia+unsubscr...@googlegroups.com >> For more options, visit this group at >> http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en >> > > -- > You received this message because you are subscribed to the Silicon Beach > Australia mailing list. Vist http://siliconbeachaustralia.org for more > > Forum rules > 1) No lurkers! It is expected that you introduce yourself. > 2) No jobs postings. You can use http://siliconbeachaustralia.org/jobs > > > To post to this group, send email to > silicon-beach-australia@googlegroups.com > To unsubscribe from this group, send email to > silicon-beach-australia+unsubscr...@googlegroups.com > For more options, visit this group at > http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en > -- You received this message because you are subscribed to the Silicon Beach Australia mailing list. Vist http://siliconbeachaustralia.org for more Forum rules 1) No lurkers! It is expected that you introduce yourself. 2) No jobs postings. You can use http://siliconbeachaustralia.org/jobs To post to this group, send email to silicon-beach-australia@googlegroups.com To unsubscribe from this group, send email to silicon-beach-australia+unsubscr...@googlegroups.com For more options, visit this group at http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en
