Find Jobs
Hire Freelancers

Building Trading Strategy in Java API for Interactive brokers

$30-250 USD

In Progress
Posted about 9 years ago

$30-250 USD

Paid on delivery
I want to use the code for various symbols. I day trade weekly options. So basically each night I have to change the code(only change symbol and option contract) to instruct java api what to trade tomorrow. Trade Conditions: 1. The opening price of the underlying stock is within -.5% to .5% from the previous days closing price and the option price(strike of my choosing) is no more than 25% greater from the previous day's closing price. If the condition is correct, then start a position buy 1 option contract with a REL order and a limit of 3.5. 2. If the underlying stock is down more than .8% from the time the option got filled, then sell the option position with a rel order and a limit of 1.00. 3. If the stock goes up more than .5% from the time when the order filled, then move up the REL order so that I can get out of the option position at break-even. That is if the stock goes back down(after going up .5% or more) to the price(the price of the underlying stock when the option contract got filled), the use a REL order to get out. 4. If the stock is up 3% or more from the time when the option got filled, then use snap to midpoint order to get out of the position and capture profit. I am open to suggestion. Kindly let me know if the project needs more clarification.
Project ID: 7137005

About the project

1 proposal
Remote project
Active 9 yrs ago

Looking to make some money?

Benefits of bidding on Freelancer

Set your budget and timeframe
Get paid for your work
Outline your proposal
It's free to sign up and bid on jobs
1 freelancer is bidding on average $222 USD for this job
User Avatar
In our team we have a professional software engineer that have excelent experience in financial and brokerage applications. He will give any further suggestions. Please provide me with the brokerage platform that you are using for this project. Please PM me in order to reply for you what our expert suggest to you and any further required information about the project. Milestones will be discussed later as four milestones. Thanks in advance
$222 USD in 5 days
5.0 (32 reviews)
4.6
4.6

About the client

Flag of UNITED STATES
Devon, United States
4.8
1
Payment method verified
Member since Feb 13, 2015

Client Verification

Thanks! We’ve emailed you a link to claim your free credit.
Something went wrong while sending your email. Please try again.
Registered Users Total Jobs Posted
Freelancer ® is a registered Trademark of Freelancer Technology Pty Limited (ACN 142 189 759)
Copyright © 2024 Freelancer Technology Pty Limited (ACN 142 189 759)
Loading preview
Permission granted for Geolocation.
Your login session has expired and you have been logged out. Please log in again.