Intraday Trading Stop Loss Algo
Budget: ₹1,500 – ₹12,500 INR
I need an algorithm for risk management, specifically for setting stop losses in Indian stock market intraday trading.
What I exactly want =
I will give a Loss limit daily before 9:00 am, If my live Loss cross that limit, what algo must do, close all open orders and exit the position on market rate. and start kill switch for 12 hours to stop over trading, but this max loss rule limit can not be changed by me once entered on morning, and this must not be stoped by me even if I restart the computer or even max to max if i formate the computer than also this risk management system can not be stoped. I must not stop it from task manager also
Key Requirements:
- Stop loss implementation
- Triggered by a fixed price threshold
- User-defined, not automated
Ideal Skills and Experience:
- Experience in algorithm development for trading
- Knowledge of Indian stock market dynamics
- Strong programming skills, preferably in Python or similar
- Familiarity with risk management strategies in intraday trading
What I exactly want =
I will give a Loss limit daily before 9:00 am, If my live Loss cross that limit, what algo must do, close all open orders and exit the position on market rate. and start kill switch for 12 hours to stop over trading, but this max loss rule limit can not be changed by me once entered on morning, and this must not be stoped by me even if I restart the computer or even max to max if i formate the computer than also this risk management system can not be stoped. I must not stop it from task manager also
Key Requirements:
- Stop loss implementation
- Triggered by a fixed price threshold
- User-defined, not automated
Ideal Skills and Experience:
- Experience in algorithm development for trading
- Knowledge of Indian stock market dynamics
- Strong programming skills, preferably in Python or similar
- Familiarity with risk management strategies in intraday trading
Related categories:
Business, Accounting, Human Resources & Legal
Python
Algorithm
Software Architecture
C++ Programming