Algorithmic Trading: Place, Manage, Exit Automatically

Name: Algorithmic Trading: Place, Manage, Exit Automatically
Rating: 4.1 (32 reviews)

Learn to Automate your Entire Trading Strategy using Python and a Broker API : Short Straddle/Strangle Auto Adjustment

Created byAnujyoti Sonowal

Last updated 6/2021

English

What you'll learn

Use Python Programming Language to the extend needed for coding the Algo Trading strategy: nothing more and nothing less
Connect to your broker API: We will use Aliceblue for the course
Place trades automatically via your code
Manage trades automatically via your code
Exit trades automatically via your code
Risk Management via your code
Learn to code the Short Straddle and Short Strangle Options strategy
Tweak the strategy for improving the winning ratio

Course content

6 sections • 35 lectures • 2h 3m total length

Welcome to the Course2:09
Course FAQ2:05

Welcome to Basic Python and Installation0:16
About Python1:04
Learn that Python is a programming language and its role as the first element required for your algo trading, with guidance to explore Biton Docs for more details.
Downloading Python0:43
Installing Python1:28
Getting the required libraries1:00
Download lightweight code editor: Sublime Text1:12
FAQs0:28

Welcome to The Complete Code-Along Course0:29
Store Login Details in a text File3:37
Get Access Token7:41
Create get_access_token.py, import login details, install the AliceBlue library, fetch the access token, and write it to access_token.txt for trading automation.
Connect to Aliceblue bot6:51
Connect and authenticate to the Aliceblue bot using an access token valid for 24 hours, then establish a websocket connection to place, modify, close orders and check balances and positions.
Summarize0:17
Setting the Entry Time2:15
Check current Open Positions11:02
Write code to check current open positions in the trading terminal, extracting symbol, expiry, and net quantity, then decide buy or sell, print, and save results.
Check for Valid Straddle or Strangle12:14
Check for valid straddle or strangle and validate open positions before placing orders by examining contracts, strikes, and buying or selling actions to prevent duplicates.
Place Orders – Part I22:57
Place Orders – Part II4:49
Summarize0:27
Manage Orders – Part I13:19
Manage Orders – Part II5:52
Explore how to place and manage orders in an automated trading system, detailing order types (market and others), instruments, quantities, and transaction types, with code examples and download resources.
Summarize0:34
Close Orders1:43
Set the Intraday Exit Time1:16
Last Lecture: Final Explanation and Deployment of the code6:27
The final lecture explains deploying the trading code, obtaining an access token, and running a script that automatically manages, closes, and exits open positions based on time and order rules.
Full Summary0:42

Requirements

Basic knowledge about trading in Options in the Indian Financial Markets
Little knowledge about Python Programming Language
A Trading Account in Aliceblue to follow through the concepts and codes
Hands-on approach. You just have to code by yourself.

Description

Are you a trader in Options in the Indian Stock market?

Are you guilty of cutting your profits sooner and letting your losses run?

Are you looking to code your thinking process and strategies into a simple code and let it run by itself with any intervention so that you can focus on other important issues in your life or do some other research in the market?

If the answer to all the above questions is yes, you would be interested in my course.

This course will help you code a strategy called short straddle or short strangle options strategy which will be deployed automatically in your trading terminal at the start of the day, will be managed automatically during the trading hours and will be exited automatically at the end of the day, all using a simple script in python.

Sound huge but it is actually very simple. I guarantee that the lessons are easy to follow, and not at all theoretical. Instead, the lessons are crisp and focus only on the practical aspects which will help you code the entire strategy, start to finish within a day and you can set your life free.

Disclaimer: Investing in Financial Markets are subject to market risks. This course is not a recommendation. This course will not be responsible for your profits or loss.

Who this course is for:

Option Traders in the Indian Markets or other markets
Day traders who cannot keep their eye off of the trading screen
Full Time Traders who are interested to automate their strategies
Traders who do not know the ABC of automated trading and want to get stated
Traders who want to automate a short straddle and short strangle right from placement to management to exit

Algorithmic Trading: Place, Manage, Exit Automatically

What you'll learn

Explore related topics

Course content

Course Introduction2 lectures • 4min

Basic Python and Installation Course7 lectures • 6min

Broker API Configuration Course (Eg. Aliceblue)4 lectures • 4min

Straddle and Strangle Course3 lectures • 6min

The Complete Code-Along Course18 lectures • 1hr 43min

Bonus Section1 lecture • 1min

Requirements

Description

Who this course is for: