Jesse v3.0 is out and it's a big one! — Transcript

Full transcript

1. 0:00Hey guys, I just released Jesse version
2. 0:023 and it's a big one. Like so much so
3. 0:05that if you actually read the change log
4. 0:07on our documentation, you're going to
5. 0:09get tired of scrolling the page from how
6. 0:11many new improvements and new features I
7. 0:14just add. So in this video, I'm going to
8. 0:16show you the highlights and the cool
9. 0:17features that are going to get you guys
10. 0:19excited. But if you do want to read the
11. 0:21full details of it, then check out the
12. 0:23change log page on our documentation. So
13. 0:25first things first, you're going to
14. 0:26notice that I have redesigned most of
15. 0:29the elements on the page. So not only
16. 0:31this form here is entirely new, but we
17. 0:34also did not have this summary box at
18. 0:37all. But the features are basically the
19. 0:39same. So let's go through them one by
20. 0:40one. So here we picked the exchange as
21. 0:43always, but then for the period, this is
22. 0:45what we had before. So the starting date
23. 0:47and the ending date. But now we have
24. 0:49these pre-built dates for you to pick
25. 0:51from. So last 3 months, 6 months, etc.
26. 0:54And then you can also set it to custom
27. 0:56to give it a custom date just like
28. 0:58before. But whichever date you give it,
29. 1:00now you have to save it so that you can
30. 1:04reuse it later. So notice that these
31. 1:05ones have a close button, meaning that I
32. 1:08can delete them because I have already
33. 1:10saved them. So for example, with this
34. 1:12one, it is for the first 2 months of
35. 1:152023, and even though it's not in the
36. 1:17pre-built dates, it is something that
37. 1:20supposedly I use a lot. So I have saved
38. 1:23it, and if I click on it, it's just
39. 1:25going to pick it and that's it. So this
40. 1:27is a very helpful feature, and it was
41. 1:29one of the most requested features.
42. 1:31Another frequently requested feature is
43. 1:33the ability to store templates for
44. 1:36trading routes. So as you probably
45. 1:38already know, we have this concept of
46. 1:40trading and data routes in Jesse, which
47. 1:42is basically how you specify which
48. 1:44symbol, time frame, and a strategy you
49. 1:46want to trade. So each one of these
50. 1:48records is your trading route, and you
51. 1:50can add multiple in order to trade other
52. 1:52things. So for example, this one is for
53. 1:54BTC, and let's say I want to trade ETH,
54. 1:57And maybe it's on the same time frame or
55. 1:59a different one, doesn't matter, and the
56. 2:01same strategy. And now, let's say I want
57. 2:04to add some data routes because I want
58. 2:06to add another time frame in my
59. 2:08strategy. So, this is using the 1-hour
60. 2:11time frame for the trading. And for
61. 2:13that, let's say I want to use two routes
62. 2:16for 4-hour and ETH and BTC. So, if that
63. 2:20is the case, now I have four routes in
64. 2:23overall. Now, here's the thing. In this
65. 2:24example, I just added four routes. And
66. 2:27in most cases, maybe you need one or two
67. 2:29routes. So, that's for sure. But, there
68. 2:31are cases that you need more. So, for
69. 2:33example, in this example template that I
70. 2:36already added, as you can see, I have
71. 2:38nine trading routes and three data
72. 2:41routes. Or in this one, seven and three.
73. 2:44In this one, eight and three. So, if I
74. 2:46click on apply, it will regenerate all
75. 2:49the routes that I had before. So, I
76. 2:50don't have to just manually add all of
77. 2:53these every time that I want to trade
78. 2:55these symbols with this strategy. Or
79. 2:57let's say I have multiple strategies.
80. 2:59Maybe I'm managing a portfolio of 20 or
81. 3:0250 strategies. So, in all those cases,
82. 3:05adding them manually was a hideous task,
83. 3:07but now you can just simply create a new
84. 3:10template and you're good to go. And by
85. 3:12the way, the way to do that is by simply
86. 3:14clicking on this save button here. But,
87. 3:17the reason I didn't have it before is
88. 3:19because it was already loaded. So, once
89. 3:21I add something new, so let's say I
90. 3:23delete this, you see it's not selected
91. 3:26here anymore, and we have a save button
92. 3:28here. And next, we have a simple
93. 3:30redesign of these buttons, but there's
94. 3:32also one change, and that is exporting
95. 3:34to TradingView is no longer possible
96. 3:36because that one was super limited and
97. 3:39not accurate. Also, these days we have
98. 3:42our own super accurate interactive
99. 3:44chart, so there was no reason to keep
100. 3:46that one anymore, so I just removed it.
101. 3:48Now, speaking of the interactive chart,
102. 3:50that's the next thing I want to show you
103. 3:51guys. So, for example, this is the
104. 3:52result of a trading backtest. Now, these
105. 3:55charts aren't exactly new. Maybe the
106. 3:57design of the boxes have slightly
107. 3:59changed, but that's not important. What
108. 4:01I want to show you guys is this. So,
109. 4:03this trade chart here, if I click on it,
110. 4:05it's going to load a chart which we had
111. 4:07before, but it wasn't nearly as smooth
112. 4:11and feature-rich as the one that I'm
113. 4:13about to show you guys. So, you see we
114. 4:15have a full list of the trades, and
115. 4:17let's say I just zoom in because this is
116. 4:19just too zoomed out for me. Okay, so
117. 4:21this is more clear. And let's say I want
118. 4:24to see the trade. So, let's sort them,
119. 4:26for example, to see the best one first.
120. 4:29And if I click here, I can see exactly
121. 4:32when this trade was opened and when it
122. 4:36was closed. Also, suppose these
123. 4:38indicator values are a bit annoying and
124. 4:40in my way, I could just toggle off them,
125. 4:43so we don't see them anymore. Let's load
126. 4:45another one. There we go. So, you see
127. 4:47this is very helpful. I can also sort
128. 4:49them by the worst one first to see the
129. 4:52losing trades. So, this one, for
130. 4:54example, it was a very short trade. This
131. 4:57one was also a losing one. And if I want
132. 4:59to display the indicators again, I can
133. 5:02just click on this. We also have the
134. 5:04oscillator. So, we had them before, and
135. 5:07if I click on them, we can see all of
136. 5:09them. So, let's click here. All right,
137. 5:11so you see in this case I have loaded
138. 5:14four oscillator charts, one called ADX,
139. 5:17RSI, MACD, and ATR. And here's the
140. 5:20thing. In the past, we were limited. We
141. 5:22couldn't load as many as we wanted
142. 5:24because if I loaded more than four,
143. 5:25let's say five, then this chart would
144. 5:27have been super small and not usable at
145. 5:30all. But now, you can click here and
146. 5:32toggle them, so they won't take as much
147. 5:34space as before. Or you can click here
148. 5:37to collapse all of them, or again click
149. 5:39here to see all of them. Although it
150. 5:41doesn't support displaying more than
151. 5:42four at the same time because then this
152. 5:44page won't be really usable. You can
153. 5:47also collapse the trading chart itself,
154. 5:50which would open a lot of room for the
155. 5:52oscillator chart. So, this is super
156. 5:55helpful and also something that we did
157. 5:56not have before. And needless to say,
158. 5:59the MCP currently supports adding chart
159. 6:02series strategies. So, if you wanted to
160. 6:04get a support like this to be able to
161. 6:06see the exact indicators that your
162. 6:07strategy is using on the chart, all you
163. 6:10need to do is to tell the J S MCP, "Hey,
164. 6:13add charts to this strategy." and it'll
165. 6:15take care of it for you. Now, the next
166. 6:16thing that I want to show you guys is
167. 6:18that we have the same charts for live
168. 6:20sessions as well as the backtest now.
169. 6:22So, for example, this is a chart demo,
170. 6:25and as you can see, as soon as I started
171. 6:27it, we can see one value for the chart
172. 6:29was added. So, these are the current
173. 6:31values for the current indicator, and
174. 6:33there we go, we have a second one here.
175. 6:34We can also see the ADX chart here. But,
176. 6:38the thing is, this will be added in real
177. 6:40time. So, as the time goes, we're going
178. 6:42to get more values. And because I just
179. 6:44started this one, we cannot see, for
180. 6:46example, a complete history of it. And
181. 6:48this is really intentional and by design
182. 6:50because in J S C, we're going to be
183. 6:52calculating everything by ourselves
184. 6:54using Python. So, it's not like I could
185. 6:56just add an option to see the
186. 6:59indicators, for example, the EMA on the
187. 7:01old previous candles. Because if I do
188. 7:03that, then we're going to lose the
189. 7:05ability to do it via code. And if you,
190. 7:08for example, were to add the EMA both on
191. 7:11the code and maybe on the front end,
192. 7:13then we're going to have to deal with
193. 7:14cases where you you will be getting
194. 7:16different values and so much more pain
195. 7:18that I just decided, "Okay, so we have
196. 7:21to get this in real time." However, this
197. 7:23is pretty okay. Like, for now, I I've
198. 7:25been just running it for like 3 minutes,
199. 7:27but if I keep it running for like a day,
200. 7:30then when I load the chart, I'm going to
201. 7:31see all the values. In fact, if I show
202. 7:33you this one, now, this is not running
203. 7:35right now, but if you look at it, you
204. 7:38see I have all the values for the EMA
205. 7:41and also for the ADX. Now, for this
206. 7:43session, for example, it's been running
207. 7:45for quite some time now and we can see
208. 7:47all the values of the indicators and
209. 7:49it's a running session. And we can also
210. 7:52take a deeper look at the executed
211. 7:54trades. So, if I click on the trade
212. 7:56chart, we can see a list of them here
213. 7:59and for example, let's say I want to see
214. 8:02this one in more detail. So, you see I
215. 8:04can also zoom in and if I hover my mouse
216. 8:06here, I can see where exactly it opened
217. 8:09the trade and where it closed it. If I
218. 8:11click here, we can also see that it
219. 8:13executed three orders. And by the way,
220. 8:15this is a demo strategy, one that is
221. 8:18supposed to execute trades very
222. 8:20frequently, so it's not supposed to be
223. 8:22profitable at all. So, please don't pay
224. 8:23attention to these results. But, what I
225. 8:26want you to pay attention is that now we
226. 8:27have some bigger metrics here. So, for
227. 8:30example, the P&L and the balance are
228. 8:32displayed in bigger boxes here, which is
229. 8:34pretty helpful and beautiful. And we
230. 8:36also did some improvements on the
231. 8:38tables, for example, for the orders and
232. 8:40the trades and the positions. So,
233. 8:41overall, this page also saw a lot of
234. 8:44improvements. Now, one thing you guys
235. 8:45should know is that in the past we were
236. 8:47using the after method of just seeing
237. 8:50order to call the chart functions in it.
238. 8:53But, since this release, we're going to
239. 8:54have a new function called simply update
240. 8:57chart. Now, this isn't a breaking
241. 8:58change. So, if you continue to use the
242. 9:01after method, it's going to work.
243. 9:02However, you notice that in the examples
244. 9:05that I showed you guys, the real-time
245. 9:07value of for the indicators for the
246. 9:10current candle was changing. And if you
247. 9:12want to take advantage of this feature,
248. 9:15you need it to be inside the update
249. 9:17chart function. Because if you use the
250. 9:19after method, that one will only get
251. 9:20called when a new candle closes. So,
252. 9:23you're not going to see the changes in
253. 9:24real time. You will see them once every
254. 9:26candle. But, if you use the update chart
255. 9:29method here, it will be in real time.
256. 9:32And everything else is just as before.
257. 9:33So, for example, I am defining three EMA
258. 9:36lines here. I'm using the add line to
259. 9:39candle chart method and then I'm giving
260. 9:41it a name and a color and I'm also
261. 9:43passing the value. And when I do this, I
262. 9:46am getting this blue line here. And in
263. 9:48order to get an oscillator such as the
264. 9:51ADX, I am using the add extra line chart
265. 9:55built-in method of Jesse just as before.
266. 9:58So, the usage is super simple. The next
267. 10:00that we did is that we added support for
268. 10:03three new exchanges and I'm pretty
269. 10:05excited about this. So, the first one is
270. 10:08Kraken Pro, which if you're looking for
271. 10:10a regulated exchange, this is probably
272. 10:12your best choice. They are one of the
273. 10:14oldest crypto exchanges out there.
274. 10:17They're super regulated and the trading
275. 10:19fees for their futures service actually
276. 10:22is pretty standard and not too harsh
277. 10:25such as the ones that Coinbase is
278. 10:27offering. We also added support for
279. 10:28their spot market, so you can get
280. 10:31started with them right now. Next, we
281. 10:33added support for the KuCoin exchange
282. 10:35both futures and spot market. These are
283. 10:38also one of the oldest crypto exchanges
284. 10:39out there. They're not as famous for
285. 10:41being a regulated crypto exchange and
286. 10:44that's the thing with regulation. Some
287. 10:45people want a super regulated exchange
288. 10:48because it makes them feel safer, but
289. 10:50some people, like myself, try to avoid
290. 10:52them because in the past we've had bad
291. 10:54experiences with them such as asking for
292. 10:56like a billion documents, especially
293. 10:58when you are about to make a deposit or
294. 11:01a withdrawal and when you're in a hurry
295. 11:03or something. So, in order to avoid that
296. 11:05kind of experience, a crypto exchange
297. 11:07that is pretty popular out there and
298. 11:10relatively safe is good enough for me.
299. 11:12And KuCoin is one of the best ones out
300. 11:14there that we weren't already supporting
301. 11:16them. Now, if you don't already have an
302. 11:18account on KuCoin, I am including my own
303. 11:20affiliate link in the description of the
304. 11:22video, which if you use, you will get
305. 11:2415% trading fee discounts and it will
306. 11:27also help out the project. So, thank you
307. 11:29for considering that. Next, we have a
308. 11:30relatively new exchange. It is called
309. 11:33Lyra, and it is basically a rival these
310. 11:36days to HyperLiquid. That means it is a
311. 11:39decentralized perpetual platform. But,
312. 11:42what I specifically like about them is
313. 11:44that their main focus is not crypto.
314. 11:46They also offer stocks and commodities,
315. 11:48which is something many exchanges added
316. 11:50later on, but they are not treating them
317. 11:52as second-class citizens. And one really
318. 11:55huge thing with them is that the trading
319. 11:57fees are zero by default, similar to to
320. 12:00how it is on Robinhood. But, of course,
321. 12:02because this one is decentralized, it is
322. 12:04significantly more trustworthy than a
323. 12:06platform like that. They do offer
324. 12:08premium accounts as well, which will get
325. 12:10you increased API limits and also better
326. 12:13latency. But, for that, you're going to
327. 12:15have to pay some trading fees, which is
328. 12:17still below the standard that you're
329. 12:19going to pay on other exchanges. So, no
330. 12:21matter which route you want to go with,
331. 12:23this is definitely an exchange that you
332. 12:24don't want to miss. And in fact, I
333. 12:26personally try to avoid HyperLiquid as
334. 12:29much as possible. I've had really bad
335. 12:30experiences with them. I do still like
336. 12:32the Apex exchange, and I've had really
337. 12:34good experience with them, but the
338. 12:36problem that I have is that the
339. 12:37liquidity just isn't that great on it.
340. 12:40But, Lyra for me is an option right in
341. 12:42the middle, meaning that it has
342. 12:44relatively good liquidity, and the
343. 12:46trading fees are just crazy. Now, if you
344. 12:48want to give them a try, use the URL in
345. 12:50the description. It will give you one
346. 12:52free week of premium accounts for free,
347. 12:55and again, it will help out the project.
348. 12:57So, thank you for considering that.
349. 12:58Anyways, guys, thanks for watching the
350. 12:59video. Please don't forget to like and
351. 13:01subscribe to the channel, and also don't
352. 13:02forget to subscribe to our Telegram,
353. 13:04because that is where not only I post
354. 13:07announcements, I also post some sneak
355. 13:09peek of the new features that I'm
356. 13:11working on at any moment. So, if that's
357. 13:13something you're interested, definitely
358. 13:14make sure to follow me there. Anyways,
359. 13:16thanks for watching. I'll see you in the
360. 13:17next one.