This tutorial provides instructions on how to utilize simple buy and sell trading signals in Spot/Future charts to place option orders (including ATM, ITM, and OTM options) on the Algomojo platform. Implementing this system can help traders mitigate risk, particularly in the event of unexpected market movements that may result in significant losses. Additionally, implementing ATM or ITM option buying strategies, as opposed to futures, may help to reduce the risk of extreme black swan events and significantly mitigate the potential for large gap-up or gap-down risks when carrying forward positions.
The line Trading Automation tool is designed for Manual traders who want to perform level-based trade execution faster and also bring some advanced trade management in their trades (multiple entries, targets, stops, pyramiding, martingale, etc)
This tutorial focus on how to automate your time-based index straddle/strangle management with intraday stop-loss levels with time-based entry and exits using Algomojo Platform and Amibroker. Modern Internal memory management is used to speed up the execution and management of Index Straddle.
This Algomojo Button trading module provides 4 modes of the button to place orders with a single click directly from Amibroker using simple smart order controls.
Smart Order Module brings a 100% end-to-end automated trading solution for Amibroker users to automate their trading ideas with a simple plug-and-play module. Traders have to connect their trading system along with smart order execution to make their system trading life easier.
Since the start of Algomojo, we are focusing on one thing “how to simplify the automated execution controls” – so that traders can easily convert their Buy or Sell trading strategy to automate their trading solutions faster. So started implementing simplified & open-source Amibroker libraries so that traders could connect their trading strategies by adding few lines of code and drastically reducing their coding time in implementing trading alerts, automation, trade connectivity dashboard & controls.
Here is a simple button trading module which can be used to send option trading order with buttons. Users can configure the button to send ATM, ITM, OTM Options and with one touch one will be able to send orders a split second. Entry Order and Exit order buttons are provided to users. Supported Brokers …
Got frequent requirements from a couple of traders to automate Amibroker based trading system where one single generation from charts could punch orders in multiple accounts (friends & family). Here is the readymade execution module one can plugin with their trading system to send multi orders and easily configure multi-client under the same broker.
Bracket Order and Cover Order are multi-legged orders which come with default protection with stop loss with reasonable intraday leverage. This tutorial focus on building a Plug and Play Amibroker Intraday module where traders can create their own trading strategy in Amibroker and connect their intraday trading strategies with Plug and Play Amibroker Execution Module …
Bracket Order and Cover Order are multi-legged orders and canceling the bracket order and cover order for a particular trading instrument there is no direct mechanism available from the API provisions supplied by the brokers. Hence here is the Amibroker AFL code to do the exit by reading the orderbook and processing the pending cover …