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Automated Order and Trade management for Algorithmic trading #161

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pkjmesra opened this issue Aug 30, 2024 · 3 comments
Open

Automated Order and Trade management for Algorithmic trading #161

pkjmesra opened this issue Aug 30, 2024 · 3 comments
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collaboration dependencies Pull requests that update a dependency file documentation Improvements or additions to documentation enhancement New feature or request

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@pkjmesra
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pkjmesra commented Aug 30, 2024

Hi

Saw your post on linking zerodha /dhann with the platform like to give it a try how can we utilise the screener power with automated trading do let me know what all need to done getting started on this.

Suggestions from users:

  1. Zerodha
  2. Dhann
  3. Alice Blue: https://ant.aliceblueonline.com/
  4. Finvasia : https://shoonya.com/
  5. https://fyers.in/products/api/
  6. https://upstox.com/developer/api-documentation/open-api
  7. https://github.com/Kotak-Neo/kotak-neo-api

Sample intraday analysis for, for example, Aug 2nd:
Screenshot 2024-08-04 at 7 44 29 PM

Originally posted by @saxenachaitanya in #127

@pkjmesra pkjmesra changed the title Hi Automated Order and Trade management for Algorithmic trading Aug 30, 2024
@sainipankaj15
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Hi @pkjmesra
I am currently working as a Software Engineer at @tiqs (A stock broker in India). We are building something where you can trade your algos and your child accounts will also copy same trade as well.

so what I am thinking , if you can give a post request on API (which we will provide to you) then stock names will come to us in Payload and we can take necessary actions in Algo directly.(as we are in the process to make this).

This is what I am thinking , apart from that I will discuss same thing with my seniors once and let you know again.

@pkjmesra
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pkjmesra commented Sep 2, 2024

Saini
I commented on same issue
Admin you can check once
you can directly ping me as well.

PK
Thanks! I just checked the Tinkerr/TIQS algos. The best weekly returns are seemingly in the range of 2-3%. It's not bad. But I think PKScreener performs much better hands down for a number of piped scanner combinations, on daily returns as well.
That said, I think we would like to go and remain the open source way. Using some other 3rd party APIs for algo trading that's in the black box may not work in the best interests of the traders and community in general.
Thanks much for your suggestions though! 🙏
I truly appreciate your thoughts and readiness to help! 😌
We will get to automated trade management one way or the other. It's just a matter of budget.

Mishraji
What's the approximation?

PK
Development, testing and deployment - approximately ₹100k per month for over 4-5 months. We could not get the required sponsorship/commitment from members earlier except from a couple of traders.
This means, from my perspective, PKScreener needs to create much more value for traders and community members so people can see the value and ROI in being sponsors 😊, while still remaining open source and free for all.
We will get there, sooner than we think! 😇. Don't worry.

@pkjmesra
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InvestmentNeeds

@pkjmesra pkjmesra added documentation Improvements or additions to documentation enhancement New feature or request collaboration dependencies Pull requests that update a dependency file labels Sep 25, 2024
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Labels
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