I upgraded my Robinhood stock trading bot

I upgraded my Robinhood stock trading bot

June 7, 2020

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Hey everyone, Jacob here and I finally decided to upgrade my Robinhood stock trading bot. Yup you heard that right, I coded a Robinhood stock trading bot that automatically buys and sells stocks for you 24/7. You can checkout that previous video here.


My previous bot was super simply, It bought a stock when the RSI (Relative Strength Index) was below or equal to 30 and subsequently sold when the RSI was greater than or above 70. Pretty simple right? It made a little bit of money but honestly wasn't that great.


So I upgraded it, in addition to the RSI I added another layer of waiting for support to hit. I calculate the support of a stock by getting the lowest price everytim the RSI is calculated which is every 5 minutes looking back 14 periods. This allows for better entries and not over trading.


I made a video on my upgraded trading bot below and I coded in Python, you can download the bot in the video description. Hope you enjoy!



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