I know that, there are already existing products in the market for above requirement. however, I wish to take positions in Options on Index or Stocks signals.
In view of this, below is the requirement:
Order Management UI for Amibroker signals to Zerodha/ Upstox API
1. Order execution - Broker allows Market order placements in Nifty Options, but for stock options, it would have to be limit orders and the bridge software should place limit orders and ensure they get filled by checked with the broker api.
2. Order slicing and scaling in and out
3. Partial profit booking as per signal
4. Ensure no duplicate order sent for same signal
5. The app should be GUI based and should display trade summary and net positions and options to square of all or position wise square off
6. It should have some Global risk management features such as Max orders per minute, Max open positions, Max order value etc.