Architectural Design

Design

Dependencies

• Redis Cache
• PostgreSQL Database
• RabbitMQ
• Java 13
• Angular 8+

Requirements

System:

• How often do the system query the harmonic pattern API
• Check to see if the pattern is successful or not
• Determine a TP and SL based on certain market conditions (patterns, Indicators, news)

Symbol/Pair (SP):

• Store individual SP
• Store time frames to monitor for an SP
• Store the harmonic patterns to monitor for each SP

Signal/Harmonic Pattern (SIG)

• Store the risk of the SIG
• Store the current Trend (bear or bull)
• Store the strength of the Trend (strong or weak)
• Store the 24 hour (configurable) lines of support and resistance
• Store the RSI

Outcome

• Store the outcome (reach TP or hit SL) ** If TP wasn't hit but a gain was made. Store wow many pips did it move
• Store the harmonic pattern identified
• Store the starting RSI
• Store the SP
• Store the time the trade was taken
• Store how long it took to reach TP or SL
• Did news occur during this time frame?
• Did it break support and resistance
• Did it bounce off support and resistance
• Did it break resistance
• Did it bounce off resistance
• Store how many pips moved to hit SL or TP
• How many pips in drawdown took place during the trade?