Automated Trading Software

#1
Hello Traderji member,
I had a question regarding automated trading. Is retail client allowed to trade in Automated trading. We have developed an inhouse automated trading application based on jobbing concept but NSE mention that we can not roll out to Retail clients but then how come Interactive broker is allowing to roll out to thier clients. For us we need to go approval process which in case of IB does not come in the picture. I am sure I am really missing some link here and i dont seem to have proper information. I would be happy if somebody can throw light on this.
 
#2
Hi mastertrader21 i think there are some algo trading softwares providing company like omnysis,greeksoft etc.. who has permission from nse for there software to be given to traders at a charge. If u have develop a jobbing concept then u can contact one of the company and make it convert in there software language and backtest it/run it in there software. If i lack something then pls update me. Do you have a algo programmer please let me know.
 
#7
Hello Traderji member,
I had a question regarding automated trading. Is retail client allowed to trade in Automated trading. We have developed an inhouse automated trading application based on jobbing concept but NSE mention that we can not roll out to Retail clients but then how come Interactive broker is allowing to roll out to thier clients. For us we need to go approval process which in case of IB does not come in the picture. I am sure I am really missing some link here and i dont seem to have proper information. I would be happy if somebody can throw light on this.
If you are not get answer still,let you try Nest plus an advantage of automatic trading tool available for clients of nest trader.Really i am interested to know about trading tool if able to comfort.Thank you.
 
#9
I am using Nest Plus software but there are a option for automated trading for dealer not a client investor and I am a Investor Client and i can not use this facility. please tell me how to use this facility.

Regards
Momin
 
#10
sir
I am venk123

i Set the auto trade code my afl

but the code not work properly

any person can help me

i post the code and error message

the code is

ClientID = ParamStr("ClientId","000000");
Symbol= ParamStr("Symbol","NIFTY13MAYFUT");
Price=NumToStr(C,8.3,True);
Quantity=Param("Quantity",1,1,100,1);
OE = ParamList("Order Execution","Immediate,On Candle Completion",1);
AT = ParamToggle("AutoTrade","No,Yes");

if(OE=="On Candle Completion")
{
Buy=Ref(Buy,-1);
Short=Ref(Short,-1);
Sell=Ref(Sell,-1);
Cover=Ref(Cover,-1);
}

AplliedQuantity=IIf(LastValue(Buy) AND LastValue(Cover) OR LastValue(Short) AND LastValue(Sell),Quantity*2,Quantity);
RefNumber = Nz(StaticVarGet("RefNumber"));
Checkdt=Nz(StaticVarGet("lastdt"));
dt = LastValue( DateTime() );
Cond=LastValue(Buy) OR LastValue(Short) OR LastValue(Sell) OR LastValue(Cover);

if(AT)
{
plus = CreateStaticObject("Nest.PlusApi");
if(plus)
{
plus.SetObjectName(ClientID);
if(Cond AND Checkdt != dt )
{
if(LastValue(Buy) OR LastValue(Cover)){plus.PlaceOrder("BUY",RefNumber, "NFO",Symbol,"DAY","LIMIT",AplliedQuantity,Price,0 ,1,"NRML",ClientID);}
if(LastValue(Short) OR LastValue(Sell)){plus.PlaceOrder("SELL",RefNumber, "NFO",Symbol,"DAY","LIMIT",AplliedQuantity,Price,0 ,1,"NRML",ClientID);}
StaticVarSet("RefNumber",RefNumber+1);
StaticVarSet("lastdt",dt );
}
}
}


error message is

"Setobject name is not set , set objectname is not called"

this an error message in nest