Live trading manual execution

André Tavares

Is there a way to use backtrader for live trading but the execution to be done manually?
Backtrader would for example output the trades to an csv. The trader would manually execute those trades and record back on the csv the executed prices? Obviously this would be done using bigger time frames, for example a daily timeframe.
PS: none of those brokers supported by backtrader are available in Brasil.

run-out

@André-Tavares Interactive Brokers is available in Brazil.

André Tavares

I can open an account from Brazil with them, but cannot trade brazilian assets on the Bovespa Exchange.

Derek Casper

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ab_trader

@André-Tavares said in Live trading manual execution:

Is there a way to use backtrader for live trading but the execution to be done manually?

It is possible since this is typical backtesting mode. Your path would be approximately the following:

update data feed(s) - live or from csv/pandas so you get last day bar
run backtest and get signals to buy/sell printed by bt
trade manually next day

André Tavares

@ab_trader perfect. That is what I was thinking.
But how will I feedback the system with the open orders, so the strategy can keep evaluating them and tell me when it is time to close?

ab_trader

bt will open/close positions and track everything, to just need to update data feeds, run backtest, and synchronize your real account with bt account.

André Tavares

@ab_trader
Tell me if you agree on this updated version of your list of tasks:

update data feed(s) - live or from csv/pandas so you get last day bar
update order history using add_order_history with the executed orders, so BT can consider them and eventually close any of them
run backtest and get signals to buy/sell printed by bt, this is done every morning before market open with last day data.
trade manually this day

ab_trader

in general i agree, but i believe your 2nd item is more complex than it should be. if you trade on the open or using limit/stop prices calculated on th eprevious prices than bt can do everything by it self. For example:

Monday morning - you get all prices for last week, bt gives you signal, you bought on the open - position open on real account.
Tuesday morning - you get prices for Monday, bt open position internally, so you have position on both bt account and real account.

André Tavares

But I have to run from start every morning correct?
How will BT know the orders that are open?

ab_trader

@André-Tavares said in Live trading manual execution:

But I have to run from start every morning correct?

I think it is easier compare to manually updating orders and importing them into bt.

@André-Tavares said in Live trading manual execution:

How will BT know the orders that are open?

bt generates the signal and opens the position next day. This is the way how bt works by default. You manually sync position on the real account to position on the bt account.

Rosalba Pete

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