Building a boom and crash Spike Trading Bot

Specifications:

1. Spike Detection.

2. Trade Execution:

   - When a spike is detected, the bot should automatically place a buy order.

   - The bot should close the trade position after the spike, aiming to capture the majority of the price movement.

3. Position Sizing:

   - Implement dynamic position sizing based on the account balance.

   - In normal mode, use a conservative position sizing approach to manage risk effectively.

   - In aggressive mode, increase the position size aggressively as the account balance grows, aiming for rapid account growth.

   - When the account balance decreases, reduce the position size accordingly to minimize potential losses.

4. Account Growth Target:

   - The primary goal is to grow an account to a good aggressive profit.

5. User Interface:

   - Develop a user-friendly interface where I can select the trading instrument, mode (normal or aggressive), and other relevant parameters.

   - Provide real-time visualizations of account balance, trade executions, and performance.

6. Backtesting and Optimization:

   - Incorporate backtesting capabilities to evaluate and optimize the spike detection algorithm and trading strategy using historical data.

   - Ensure the bot is optimized for different market conditions and asset classes.

7. Risk Management:

   - Implement appropriate risk management techniques, such as stop-loss orders and position sizing rules, to protect the trading account from excessive losses.

8. Documentation and Support:

   - Provide comprehensive documentation for installation, configuration, and usage of the trading bot.

   - Offer ongoing support and maintenance to address any issues or updates.

Please note that this project involves a high level of risk, and the aggressive mode, in particular, carries a significant potential for substantial losses. Appropriate risk management measures should be implemented to mitigate these risks.

If you have any questions or require further clarification, please let me know. I look forward to receiving your proposal and timeline for this project.