Algorithmic Trading: Place, Manage, Exit Automatically

Learn how to download and install Python from the internet and set up the Sublime Text editor for coding.

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.

download the Biton software from the official site, then navigate to downloads and choose the Windows 64-bit latest release. Install it with the necessary settings to complete setup.

Install the Biton software by creating a C drive folder named ten thirty nine, browsing to it, and performing a custom installation for all users from the downloaded installer.

Learn to install libraries in Biton by using the script folder and command prompt, installing libraries such as non-pay and pendas, with additional libraries as needed for your trading strategy.

Install and set up the lightweight code editor Sublime Text for Windows by downloading from the official site, running the installer, and completing the installation.

Open a trading account and register with the broker to enable FBI API access and begin broker API configuration for automated trading.

Create a trading account with Aliceblue by signing up on the official site, then log in with your user id, password, and two-factor authentication to access trading terminal and api.

Register for API access to enable automated trading by creating a developer app in the console, obtaining the app ID, signing in with two-factor authentication, and preparing for robot trading.

Explore what straddles and strangles are and break down an automated place, manage, and exit strategy for these option spreads.

Explore how to place and manage automated option strategies from a to z, including straddle, strangle, and triangle setups, with automatic rollovers as price moves beyond atm strikes.

Join the complete code-along and prepare your setup as you learn to code in Sublime Text, connect to brokers, and deploy trading scripts in live market conditions.

Store login details in a text file by creating a folder, saving login.txt, and including username, password, and two-factor authentication, then prepare to retrieve an access token from Ellis Blue.

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 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.

Set the entry time with a time variable, use a while loop to wait for the right time, and run code when the target time is reached.

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 strangle and validate open positions before placing orders by examining contracts, strikes, and buying or selling actions to prevent duplicates.

Learn to place automated orders by fetching live prices, calculating strike ranges for strangle setups, and submitting call and put orders with market execution.

Execute and monitor straddle and strangle orders, verify open positions, and adjust or close positions to maintain delta neutrality when market conditions change.

Learn how to place orders, monitor execution, and automatically manage intraday exits using timing, midpoint calculations, and option strategies like strangles and spreads.

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.

Develop a code that automates closing intraday orders at the close, exiting all sell orders and close orders, with a one-second sleep before program exit.

Configure the intraday entry at nine thirty and the exit at fifteen, automating the closing of positions within the time limit.

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.