Grid bot in Forex trading

This course is divided into 8 comprehensive sections, guiding you through building and deploying a fully-functional Forex Grid Trading Bot using Python.

Course Sections:

1. Basics of Python
2. Data Analysis with Pandas
3. Forex Fundamentals
4. Strategy Planning
5. Algorithmic Trading with the mt5 Library
6. Building the Trading Bot
7. Multiprocessing (Trading Multiple Currency Pairs)
8. Live Trading

Key Topics:

1. Basics of Python

This section is tailored for beginners, covering foundational Python concepts:

• Installing Python and setting up the IDE
• Print functions and F-strings
• Variables and basic data types
• Operators and functions
• Global vs local variables
• Lists and dictionaries
• Conditional statements (If-Else)
• Loops (While and For) and control statements (Break, Continue)
• Introduction to classes and objects

2. Data Analysis with Pandas

We explore the Pandas library, a critical tool for data analysis and forex calculations. Topics include:

• Pandas Series and DataFrames
• Selecting rows and columns
• Filtering data by conditions
• Iterating over DataFrame columns

3. Forex Fundamentals

An introduction to key Forex terminology and calculations, including:

• Setting up MetaTrader and a suitable broker account
• Types of currency pairs
• Bid, ask, and spread
• Lots, pips, leverage, and margin calculations
• Types of orders in Forex

4. Strategy Planning

This section covers designing the blueprint for your trading bot, mapping out key functionalities.

5. Algorithmic Trading with the mt5 Library

We begin creating the bot’s core functions, including:

• Opening and closing different types of orders using Python
• Fetching current position details
• Calculating profit/loss, margin, and total volume

6. Building the Trading Bot

This section involves putting all functions together to create the complete trading bot.

7. Multiprocessing

We enhance the bot to support multiple currency pairs using classes and threading techniques, enabling simultaneous trading.

8. Live Trading

Finally, we wait for favorable market conditions and execute live trades using our bot.

Take this course to master the essentials of building a Forex trading bot and start live trading using Python and the mt5 library!