What if you could have your very own Trading API, one you could use easily, modify, extend and more to suit YOUR needs? DWX Connect makes this possible!
It enables algorithmic traders to:
- write trading strategies in any programming language,
- seamlessly link them to Darwinex,
- allow Darwinex to turn them into investable assets anyone can buy and sell
- compete for our Prop Capital Allocation,
- raise 3rd party investor capital, and
- charge performance fees on investor profits.
In today's episode, Roman and Ali take listeners and viewers through the vision behind the project, its ancestor (the DWX ZeroMQ Connector), how and why things have evolved, and a demonstration of DWX Connect's Data and Order Management capabilities!
Learn how Darwinex empowers Traders:
https://www.darwinex.com/?utm_source=youtube&utm_medium=podcast-description-above-fold&utm_content=one-trader-to-another-podcast-dwx-connect-ep5
Important Moments:
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01:10 - Does Darwinex have a native Trading API?
01:24 - Vision behind the DWX ZeroMQ Connector project in 2017 (#1)
01:50 - What other Trading APIs does Darwinex support?
02:03 - Darwinex supports Stocks and Futures Trading via TWS API and all TWS-supported third party platforms such as NinjaTrader, MultiCharts, Zorro, etc
02:33 - DWX ZeroMQ Connector empowered Traders with solid trading histories to raise Investor Capital and participate in our Prop Capital Allocation (DarwinIA), with Trading Strategies written in ANY programming language. Over 3 Million EUR has been paid out in performance fees to date.
03:31 - The ZeroMQ middleware dependency: Advantages & Disadvantages, and why we decided to remove it.
04:43 - Vision behind the DWX ZeroMQ Connector project in 2017 (#2)
06:45 - Why we decided to remove the ZeroMQ middleware dependency in 2021.
07:30 - Introducing DWX Connect! Seamless, direct connectivity between Trading Strategies in ANY programming language and Darwinex Trading Platforms, with little to no experience required in MQL (MetaTrader 4 and 5) and a basic understanding of installing software on Windows 10.
08:12 - Motivation behind DWX Connect.
09:17 - How DWX Connect solves the issues faced with DWX ZeroMQ Connector.
09:46 - How DWX Connect works (step by step explanation with live examples)
13:44 - How DWX Connect makes it extremely easy to write and deploy trading strategies in Python, Java, C# and any other programming language.
13:57 - From a Trading Strategy Developer's perspective, what are the differences between DWX Connect and DWX ZeroMQ Connector code, implementation etc?
14:51 - Supported Order Types in DWX Connect (MARKET, STOP and LIMIT)
15:39 - DWX Connect supports both MetaTrader 4 and MetaTrader 5, freeing up Traders to focus on building trading strategies with ONE universal API, while DWX Connect handles the rest.
16:27 - How to get both Real-Time and Historical Market Data with DWX Connect.
16:50 - Four Types of Data Acquisition: 1) Account Information, 2) Real-Time Tick, 3) Real-Time Bars, and 4) Historical Market Data
19:37 - DWX Connect greatly improves upon price and order latency, with a large reduction in CPU Usage.
20:21 - Traders should consider using the FIX API if their trading strategies are very price and latency sensitive, not DWX Connect.
25:55 - Order Management in DWX Connect (Sending MARKET, LIMIT and STOP orders)
28:09 - Position Management in DWX Connect (MODIFYING Stop Losses and Take Profits)
31:22 - Position Management in DWX Connect (CLOSING Orders: PARTIALLY or FULLY)
32:54 - Getting Historical Trade Information in DWX Connect
34:43 - Data format that DWX Connect uses to store data to/from Darwinex (JSON)
35:44 - How to easily configure DWX Connect server-side in MetaTrader 4 or 5
40:22 - DWX Connect comes with Client Application examples in Python, Java and C#, but Traders can build strategies in ANY programming language that supports File I/O.
44:00 - How and where to get DWX Connect
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Listen to this podcast on:
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Spotify:
https://open.spotify.com/show/5aCI0bRxqq8GPgusuGHwBq
Apple Podcasts:
https://podcasts.apple.com/us/podcast/one-trader-to-another/id1569476207
SoundCloud:
https://soundcloud.com/darwinex-uncut/sets/one-trader-to-another-podcast
iVoox:
https://www.ivoox.com/podcast-one-trader-to-another_sq_f11267072_1.html
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The Alpha Team at Darwinex is composed of retail traders just like you, individuals who’ve navigated through many a backtest and trading strategy, style, news release, economic crisis, and traded most financial asset classes.
Their trading histories are publicly available for anyone to see on the DARWIN Exchange, verified and certified by Darwinex.
Learn how Darwinex empowers Traders:
https://www.darwinex.com/?utm_source=youtube&utm_medium=video-description-above-fold&utm_content=one-trader-to-another-podcast-ep1
They’ve been at several Brokers before arriving at Darwinex, making it their home, trading environment and capital raising ecosystem all in one.
They’ve built track records over many years and invested tens of thousands of hours (and continue to) in improving both their trading process and their psychologies to match.
They’ve used most popular trading platforms and APIs, and experimented with various different types of trading strategies in the Stocks, Futures, FX and CFD markets.
They’ve seen practically all there is to see in the world of commercial trading bots, expert advisors, indicators, CTAs, education, forums, courses and prop firms.
Leveraging Darwinex’s “Hedge Fund as a Service” offering, these same individuals can monetize their edge by attracting investor capital and charging for success - without the crippling legal and infrastructural costs that would otherwise prevent them from scaling their efforts.
In this podcast - the first of its kind at Darwinex - these traders get together to interview themselves!
Whether you’re a professional or just starting out in the financial markets, listening to this podcast means being a fly on the wall in a room full of people from whom you can glean information otherwise extremely difficult to find in the public domain.
If you aspire to scale as they strive to every day, tune in and hear them share what they’ve learned, for the benefit of traders and investors everywhere.
Enjoy the content and thank you in advance for your support and feedback!
If it brings you any kind of value, please consider leaving a like and comment on this video, share it on your social networks with anyone and everyone who aspires to scale their trading.
It takes one lone nut to start a movement.
Welcome to "One Trader to Another" - a podcast like no other.
#Darwinex #Trading #AlwaysEvolving #TraderMovement #Trading #TradingEducation #TradingStrategy #AlgorithmicTraders #SystematicTraders #TechnicalAnalysis #FundamentalAnalysis #Stocks #Futures #StockMarket #FuturesMarket #StockTrading #FuturesTrading #DiscretionaryTrading #ManualTrading #AlgorithmicTrading
Content Disclaimer: Past performance is not a reliable indicator of future results. The contents of this video (and all other videos by the presenter(s)) are for educational purposes only and are not to be construed as financial and/or investment advice.
Risk disclosure:
https://www.darwinex.com/legal/risk-disclaimer