Algo Trading Setup Development - 23/11/2025 06:38 EST
Budget: ₹1,500 – ₹12,500 INR
1. Objective
The Developer will design and deploy a fully functional Algo Trading Setup for the Client to execute and manage trades in:
Nifty, Banknifty, Sensex options
Stock Futures & Options
All valid F&O segments on Dhan/Angel One API
2. Entry Types Supported
a) Breakout / Breakdown Entries
Buy above / Sell below predefined levels (higher/lower than CMP).
b) Instant Entry
If Client places a manual instant trade:
Default SL = 30 points
Default Target = 30 points
No T2 by default
(All values modifiable after trade execution.)
c) Conditional Index/Future Level Entry
Order should execute only when the Index/Future touches a specified level.
Example:
Nifty 25850 PE — Enter above 142 only if Nifty breaks 25,785.
If condition is not mentioned → trade becomes normal entry.
3. Trade Management Rules
After entry order is executed, algo must:
1. Automatically Place:
Stop Loss (SL)
Target 1 (T1)
Target 2 (T2)
2. Target 1 (T1) Logic
When T1 is hit:
70% quantity booked
SL for remaining 30% moves to Entry Price (Cost)
3. Target 2 (T2)
Remaining 30% closes at T2 unless exited manually.
4. Trailing
No continuous trailing.
Only one shift: SL jumps to cost after T1.
5. Manual Overrides
Client can modify SL, T1, T2, and quantities any time.
4. Risk Control – Kill Switch
Kill switch must activate if:
Daily loss = 20%, OR
Daily profit = 30%
Then:
All positions closed immediately
No new trades allowed for the day
5. Intraday Auto Square-Off
All algo trades automatically close around 3:15 PM unless overridden.
6. Testing & Trial
Developer will provide a 1-week successful live trial after full setup.
Any bugs found during trial must be fixed at no additional cost.
The Developer will design and deploy a fully functional Algo Trading Setup for the Client to execute and manage trades in:
Nifty, Banknifty, Sensex options
Stock Futures & Options
All valid F&O segments on Dhan/Angel One API
2. Entry Types Supported
a) Breakout / Breakdown Entries
Buy above / Sell below predefined levels (higher/lower than CMP).
b) Instant Entry
If Client places a manual instant trade:
Default SL = 30 points
Default Target = 30 points
No T2 by default
(All values modifiable after trade execution.)
c) Conditional Index/Future Level Entry
Order should execute only when the Index/Future touches a specified level.
Example:
Nifty 25850 PE — Enter above 142 only if Nifty breaks 25,785.
If condition is not mentioned → trade becomes normal entry.
3. Trade Management Rules
After entry order is executed, algo must:
1. Automatically Place:
Stop Loss (SL)
Target 1 (T1)
Target 2 (T2)
2. Target 1 (T1) Logic
When T1 is hit:
70% quantity booked
SL for remaining 30% moves to Entry Price (Cost)
3. Target 2 (T2)
Remaining 30% closes at T2 unless exited manually.
4. Trailing
No continuous trailing.
Only one shift: SL jumps to cost after T1.
5. Manual Overrides
Client can modify SL, T1, T2, and quantities any time.
4. Risk Control – Kill Switch
Kill switch must activate if:
Daily loss = 20%, OR
Daily profit = 30%
Then:
All positions closed immediately
No new trades allowed for the day
5. Intraday Auto Square-Off
All algo trades automatically close around 3:15 PM unless overridden.
6. Testing & Trial
Developer will provide a 1-week successful live trial after full setup.
Any bugs found during trial must be fixed at no additional cost.