1/ A primer on how I achieved end to end automation via algos.
First up, Why?
Trades execute the moment your setups trigger. No hesitating/panicking/worrying/overthinking when you need to take a new trade daily. That's why. Also, spend less screen time going fwd.
2/ How long for the whole process?
3 to 4 weeks for your easier/easiest strategies if you have some (bare minimum is enough) amount of coding experience. Even basic experience writing loops helps the process.
3/ Honestly tho, like seriously, can we do this in under 4 weeks? Yes, for simple strategies that don't use too many indicators. You can slowly build your other strategies later on once the simpler stuff is up and running.
4/ Costs involved:
- Zerodha API subscription (2k per month).
- Historical data subscription (2k per month). You can unsub after the first month if you don't need it.
- Udemy course (Price keeps changing but it's 490/- right now).
- AWS (Free tier for the first year)
5/ What language?
Python as it is relatively easy with a lot of inbuilt libraries. C++ is better and faster I'm told but it's not like you are running nanosecond HFT strategies with your peasant like retail capital.