54 lines
2.4 KiB
Markdown
54 lines
2.4 KiB
Markdown
# Trading212 Python Scalping Bot - "Touch & Turn" (Opening Range Reversal)
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This project implements the "Touch & Turn" scalping strategy, originally designed for ProRealTime, translated into Python for the Trading212 API.
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## Project Overview
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* **Strategy:** Opening Range Liquidity Reversal (Touch & Turn).
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* **Asset Class:** US Stocks (e.g., Netflix, Apple, Tesla).
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* **Timeframe:** 15-minute chart.
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* **Operating Window:** 09:30 - 11:00 EST (Opening of the US Regular Trading Session).
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## Strategy Logic (The Workflow)
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1. **Identify the Opening Candle:** Capture the `High`, `Low`, `Open`, and `Close` of the first 15-minute candle of the session (09:30 to 09:45 EST).
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2. **Filter for Liquidity:**
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- Calculate the 14-day ATR (Average True Range).
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- The opening range (`High - Low`) must be at least **25% of the ATR**. If smaller, the bot stays flat for the day.
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3. **Determine Direction:**
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- If the candle is **Bearish** (Close < Open): Prepare for a **LONG** entry at the `Low`.
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- If the candle is **Bullish** (Close > Open): Prepare for a **SHORT** entry at the `High`.
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4. **Calculate Targets (Fibonacci):**
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- The target price is the **38.2% Fibonacci level** of the opening candle's range.
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5. **Risk Management:**
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- **Take Profit (TP):** The distance from the entry to the 38.2% Fib level.
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- **Stop Loss (SL):** Half the TP distance (Risk:Reward ratio of 1:2).
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6. **Automatic Exit:** Force close any open positions at 11:00 EST.
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## Technical Architecture
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* **API Client (`src/api/client.py`):** Handles REST calls to Trading212.
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* **Strategy Engine (`src/strategy/touch_turn.py`):**
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- Monitors the clock for the 09:45 EST trigger.
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- Fetches 14-day ATR and the 09:30-09:45 15m candle.
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- Calculates entry/TP/SL levels.
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* **Execution Engine (`src/execution/manager.py`):** Places the limit orders and manages the position lifetime.
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## Getting Started
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1. **Setup Environment:**
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```bash
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pip install -r requirements.txt
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```
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2. **Configuration:**
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- Set `TRADING212_API_KEY` and `TRADING212_BASE_URL` in your `.env` file.
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- Ensure your system clock is accurate or handle timezone conversions to EST.
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## TODOs
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- [x] Document the strategy logic.
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- [x] Implement ATR calculation in the strategy engine.
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- [x] Implement the 15m candle capture logic.
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- [x] Implement the entry/exit order placement logic in the execution manager.
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- [x] Create a backtesting script (optional but recommended).
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