Embarking on your development project with a clear plan is commendable. Let's delve into each step of my plan, highlighting potential challenges and thinking alternatives to enhance my approach:
- User Sends a Ticker via Input, Clicking a Button:
Considerations: Ensure the user interface (UI) is intuitive, guiding users to input ticker symbols correctly. Suggestions: Implement input validation to prevent errors and provide real-time feedback for incorrect entries.
- Server Receives the Ticker:
Considerations: Establish a robust backend to handle incoming requests efficiently. Suggestions: Set up error handling to manage invalid or malicious inputs and ensure secure data transmission.
- Server Retrieves Ticker Historical Prices:
Considerations: Accessing reliable financial data sources is crucial. Suggestions: Choose reputable APIs for historical price data and implement caching strategies to enhance performance.
- Server Calculates Technical Indicators:
Considerations: Accurate computation of indicators is essential for strategy analysis. Suggestions: Utilize well-tested libraries for technical analysis to ensure precision and efficiency.
- Server Calculates Strategy:
Considerations: Developing effective trading strategies requires thorough testing. Suggestions: Backtest strategies using historical data to validate their effectiveness before deployment.
- Server Returns a JSON with Prices, Indicators, and Strategy Indicators:
Considerations: Ensure the JSON structure is clear and comprehensive for frontend integration. Suggestions: Document the API response format to facilitate seamless frontend development and future maintenance.
- Frontend Shows a Table with the Data:
Considerations: Presenting data in a user-friendly manner enhances user experience. Suggestions: Implement sortable and searchable table features to allow users to interact with the data effectively.
- Frontend Shows a Candlestick Graph Displaying the Data:
Considerations: Visualizing financial data accurately is vital for user analysis. Suggestions: Use established charting libraries that support candlestick charts and ensure responsiveness across different devices.
Conclusion
By addressing these considerations and implementing the suggestions, you can enhance the robustness and user-friendliness of your application, aligning with best practices in software development.
For more insights and tips on MVP approach, visit Navigating-the-Challenges-of-Starting-a-Development-Project-I