the title is a little misleading, but stick with me whilst I outline what I'm currently working on.
Basically I use a Mac, and am unhappy about the steps I need to do to conduct a trade.
1) Download data (StockXLoader)
2) Analyse data (ProTAGold)
3) Input into spreadsheet to calculate risk management, stops etc.
4) Trade on online platform (currently IG, but swapping to orient finance in UAE as I'm currently a non-resident and have an aversion to paying taxes)
Basically I think the first three steps should be easier and automated as much as possible. Plus I am looking at switching over to Linux, so I want a web based solution so that wherever I am as long as I have an internet connection regardless if it's on my laptop or using an internet cafe, I can trade.
So here is what I'm doing. I'm building a PHP/MySQL solution available through a web browser. It will download end of day data, then determine what are potential trades and calculate how many shares I can buy according to how much capital I have and what are my allowable levels of risk/loss. It will also summarise current position, give revised stop loss figures and sell signals. I also plan to implement very limited charting, basically candlestick charts... anything else I think is better handled by Yahoo Finance or something like that. The main principle is that it will cut down on my unnecessary trading time, and make it truly portable. It will be very minimalistic, and therefor should be very quick to load.
Thankfully my trading system is very simple, so it shouldn't be too hard to code. Theoretically any mathematically based trading system could be used, it would just be matter of figuring out how to do it in PHP.
So that's the Summer project...
Has anyone done something like this before?
Are there already online systems that do this that I could base it on?
When I'm nearing completion, would anyone be interested in trying out this platform?
Do you think it could potentially have a commercial application (could I sell it to people)?
Let me know what you think..