Automatic Trading Software for Nifty Options in Interactive Brokers
Trading Terminal Through API and JAVA Software.
Trading only for INDIAN STOCK EXCHANGE , NSE (Nifty Options).
In Java Software, it consist of 3 text boxes for one Option CALL and 3
Boxes for Option PUT.
CALL
1. Entry Price=100
2. Target Price=105
3. Stoploss price.= 90 of put
PUT
1. Entry Price = 90
2. Target Price=96
3. Stoploss price.= 100 of call
Eg.
Entry price should be exact at equal of call/put entry price.
Target price should be exact at equal of call/put target price.
Stoploss should be at market price of opposite option.
e.g. if call entered at 100, but before hitting target of 105, the put
has hit the 90, which is entry price of put.
so here two trade will take place simultaneously.
1. entry/buy put at 90
2. leave/sell call at Market price.
If first trade hit the target, then there should be no second trade.
if first trade hit the stoploss, then there should be second trade.
software can be started before 1 hour of market opening.
Option can be selected from the drop down list.
Quantity can be entered manually.
software should display the marketwatch of the selected option
it should display the trades of the current day with profit calculation
After entering Entry, Target and Stoploss Prices. Once the "start"
button pressed in software then it should not be modified. but can
modify only if the "stop" button is pressed.