Help required to identify what is required for my algo trading

[pradeepm]

Read NSE data for a given script say:INFOSYS
Assume i have enough shares of INFY and enough cash on my brokerage account.

1) Read Yesterday's last traded price "X" of INFOSYS
2) initialize multiple buy threads at X+10, X+20, X+30 till Upper circuit ceiling and multiple sell threads at X-10, X-20, X-30 and so on till Lower circuit ceiling.
Each thread should operate independently for example thread X+20 should keep buying at X and selling at X+20 when ever the price moves in that range and keep continue doing it irrespective of what other threads do.

Is this kind of algo trading possible?

Thanks
Pradeep

 

[Ibpytrader]

Hi,

I'm not sure why you want to open multiple threads for buying? At x+10 , if you want to keep buying say 10 stocks at interval of 10 seconds till it reaches upper circuit, it can be done. When price reaches x+20 you can increase your quantity to 20 stocks for every 10 seconds instead of opening another thread. You can also think of reducing your quantity if the price drops below x+20. Alternatively, if you are sure of how many threads you want to open, say 2 threads, you can write 2 similar programs and run them simultaneously, with one program placing buy orders after price reaches x+10 and another program placing buy orders if price reaches x+20.