NextTrade - Plan your next trade

A system to create, test, optimize, and deploy algorithmic trading strategies.

For a better, faster, cloud-based platform, check out NexusTrade. If you want to learn about algorithmic trading and financial research from a community of data-driven investors, join our free Discord channel!

NexusTrade is a AI-Powered platform that streamlines the configuration of trading strategies. It's faster, more configurable, and more feature-rich than NextTrade. It features a powerful AI Chat Assistant tool as an entry point to many of its features.

Some improvements include: - Enhanced configurability: Can essentially express any trading idea you can imagine - AI-Powered Research Tools: Perform in-depth company analysis and compare companies between each other - Powerful stock screener: Use natural language to find stocks in over 130 industries and 30+ indicators

• Read More about NextTrade
• Comparing NextTrade to NexusTrade Part 1
• Comparing NextTrade to NexusTrade Part 2

NextTrade Features

• Combine conditions to form compound conditions. Combine compound conditions and create trading strategies.

- - For example: - Condition A: QQQ stock is 1 SD below its 5-day mean price - Condition B: Buying power is above $8,000. - Condition C: Condition A and condition B - Strategy: If condition C, buy $3000 of SPY

• Create unlimited portfolios with different combinations of strategies

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• Backtest those strategies using historical data.

- - Only stocks are currently supported, but cryptocurrency and options support is baked into the architecture

• Optimize the strategy's parameters using a genetic algorithm

- - Choose hyperparameters like mutation rate, training period, validation period, and population size - Choose to optimize percent gain, sortino ratio, sharpe ratio, or max drawdown

• Deploy the strategies live and see how it performs in real-time

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System Architecture and Design

Some architectural artifacts can be found at this link: https://drive.google.com/drive/folders/1TgZNGPd7TBWi47dWh0TI2nZ9WUhvP_?usp=sharing

Local Installation

Prerequisites

• Mac, Linux or WSL2 preferred

- How to set up Linux on Windows with WSL 2

• Tradier Account (with at least a free sandbox token; additional brokers TBD)

- Production vs Sandbox data details - Sandbox Account and Signup info

Mac Setup

• Clone the repository.
• Install MongoDB community edition and enable it.
• Install the dependencies: npm run install-all
• Make sure all tests pass: cd app && npm t && cd ..
• Add your Tradier token to the ./app/env file and rename the file to .env

Linux/WSL2 setup (tested on Ubuntu 20.04)

• If needed, install Node.js. NVM Option:

1. curl -o- https://raw.githubusercontent.com/nvm-sh/nvm/master/install.sh | bash 2. Exit and restart the terminal session. 3. nvm install --lts

• Install MongoDB community edition and enable. For Ubuntu 20.04:

1. curl -fsSL https://www.mongodb.org/static/pgp/server-4.4.asc | sudo apt-key add - 2. echo "deb [ arch=amd64,arm64 ] https://repo.mongodb.org/apt/ubuntu focal/mongodb-org/4.4 multiverse" | sudo tee /etc/apt/sources.list.d/mongodb-org-4.4.list 3. sudo apt update 4. sudo apt install mongodb-org 5. Linux/Ubuntu specific: 1. sudo systemctl status mongod (verify it's running) 2. sudo systemctl enable mongod (to auto-start at boot) 6. WSL2 specific: 1. sudo mkdir -p /data/db 2. ` sudo chown -R id -un /data/db 3. wget -O mongod.sh https://raw.githubusercontent.com/mongodb/mongo/master/debian/init.d 4. sudo mv ./mongod.sh /etc/init.d/mongod 5. sudo chmod +x /etc/init.d/mongod 6. sudo service mongod start - Auto-start options for WSL2 on Win11 7. sudo service mongod status (verify it's running) 7. mongo --eval 'db.runCommand({ connectionStatus: 1 })' (verify it's working)

• Clone the NextTrade repository: cd ~ && git clone https://github.com/austin-starks/NextTrade && cd NextTrade
• Install the dependencies: npm run install-all
• Copy the sample config file to .env cp ./app/env ./app/.env
• Add your Tradier token to the ./app/.env file
• Make sure all tests pass: cd app && npm t; cd ..

Turning on the system

Manually managed

Development environment

• Open two terminal windows.
• In a terminal instance, turn on the client: cd client; npm start
• In another terminal instance, turn on the server: cd app; npm start
• Once started, load the app: http://localhost:3000

PM2 Managed

Setup

• npm install pm2@latest -g
• cd ~/NextTrade/client && pm2 start npm --name "NextTrade-Client" -- start
• cd ~/NextTrade/app && pm2 start npm --name "NextTrade-App" -- start
• pm2 save

Running (assuming no other PM2 apps)

• To start the client+app: pm2 start all
• To stop the client+app: pm2 stop all
• Other Useful commands: pm2 status, pm2 logs, pm2 monit` See PM2 Quickstart for more.