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Introduction

Aim

  • This is a hobby project aimed at building an FX trading tool which generates & trades all FX Majors.
  • I am writing this in Python & Go.

Data Sources

Future Scope

  • Expansion into all Minors & Exotics.
  • Integrate Fundamental & Geopolitical Factors that influence FX movements.
  • Training the famed Hidden Markov Model (and other Stochastic Processes) on historical data & trying to predict short-term price action.

Note

  • I'm not trained formally in Stochastic Processes, Python, etc. I'm self-taught.
  • I have invested in Equities before based on Fundamental analysis & was successful. Also self-taught.
  • I don't believe in Market Prediction, only in educated bets.
  • Some Mathematical Methods may help, this is a journey to discover which ones do.

Timeline

26th October 2024

Initial Prediction Code Uploaded. This code (train.py) can predict the prices based on the trained HMM. Next step is to predict the state we are in and color code (Up Trend - Green, Down Trend - Red) the Predicted Price line.

27th October 2024

Color Coding of Prediction Succesful. Model Prediction Accuracy: 54.72% Count of Up State: 1170 Count of Down State: 968 Next Step - Backtesting on the basis of prediction

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