{"id":384,"date":"2022-04-20T17:20:36","date_gmt":"2022-04-20T17:20:36","guid":{"rendered":"https:\/\/algomojo.com\/blog\/?p=384"},"modified":"2023-09-13T04:37:03","modified_gmt":"2023-09-13T04:37:03","slug":"intraday-straddle-execution-module-amibroker-for-upstox-users","status":"publish","type":"post","link":"https:\/\/algomojo.com\/blog\/intraday-straddle-execution-module-amibroker-for-upstox-users\/","title":{"rendered":"Intraday Straddle Execution Module \u2013 Amibroker for Upstox Users"},"content":{"rendered":"\n

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.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n
Trading Activity<\/strong><\/td>Orders to be Placed<\/strong><\/td><\/tr>
Time Based Entry<\/td>Enter Straddle\/Strangle at 9.30a.m (Two legged Order)<\/td><\/tr>
Calculate the Short Call Average Price<\/td>Calculate the Short call Stoploss<\/td><\/tr>
Calculate the Short Put Average Price<\/td>Calculate the Short Put Stoploss<\/td><\/tr>
Place Stoploss Orders<\/td>Place the Stoploss for both Short call and Short Put if the entry order status is completed<\/td><\/tr>
Check Open Positions<\/td>Check the Open Positions for the Qty traded<\/td><\/tr>
Time Based Exit<\/td>Square of Short Call and Short Put legs for the qty present in the open positions around 3.15p.m.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Supported Brokers<\/strong> : Upstox
Supported Algo Platform:<\/strong> Algomojo Platform
Supported Amibroker Version:<\/strong> Amibroker 6.0 or Higher
Supported Trading Instruments<\/strong>: Index Options<\/p>\n\n\n\n

Intraday Straddle Management \u2013 Amibroker AFL Code<\/strong><\/p>\n\n\n\n

\n_SECTION_BEGIN("Upstox - Broker Controls");\n\n\/\/Static Variables will be saved in Amibroker every 30 seconds once\nSetOption("StaticVarAutoSave",60);\n\n\/\/ Send orders even if Amibroker is minimized or Chart is not active\nRequestTimedRefresh(1, False); \nEnableTextOutput(False);\n\n\/\/Creating Input Controls for Setting Order Related Information\n\nbroker = ParamStr("Broker","up");\nver = ParamStr("API Version","1.0");\nclient_id = ParamStr("Client ID","xxxxxxx");\napikey = ParamStr("APIKey","xxxxxx");\napisecret = ParamStr("APIsecret","xxxxxxx");\n\n_SECTION_END();\n\n_SECTION_BEGIN("Upstox - Order Controls");\n\nstgy_name = ParamStr("Strategy Name","Intraday Short Straddle");\nentrytime = ParamTime("Entry Time","09:20:00");\nexittime = ParamTime("Exit Time","15:15:00");\nstopsenabled = ParamToggle("Stoploss Controls","Enable|Disable",0);\nstoppercentage = Param("Stoploss Percentage",30,10,100,1);\nstoplossslippagebuffer = Param("Stoploss Slippage Buffer",2,0.25,100,0.25);\n\n\n\nspot_sym = ParamList("Spot Symbol","NIFTY|BANKNIFTY"); \nexpiry_date = ParamStr("Expiry Date","22421"); \ntranstype = Paramlist("Options Transaction Type","S",0);\nexchange = "NSE_FO";\nduration = "DAY";\nMktPro = "NA";\nprice = "0";\ndisclosed_quantity = "0";\ntrigger_price = "0";\nis_amo = "NO";\n\n\nif(spot_sym == "NIFTY")\n{\nlotsize = 50;\nstrike_interval = 50;\n\n}\n\nif(spot_sym == "BANKNIFTY")\n{\nlotsize = 25;\nstrike_interval = 100;\n\n}\n \nquantity = Param("Quantity(Lots)",1,1,10000,1)*lotsize;\n\norder_type = "MKT";\nproductType = ParamList("Product Type","MIS|NRML",0);  \/\/MIS - Intraday, NRML - Carryforward\n\n\nprice = "0";\ntrigger_price = "0";\n\n\nif(productType=="MIS")\n{\nproduct = "I";\n}\nif(productType=="CNC" OR productType=="NRML")\n{\nproduct = "D";\n}\n\/\/ Offset = 0 -> ATM, Offset = +ve number -> OTM, Offset = -ve -> ITM\nOffsetCE = Param("CE Offset",0,-20,20,1);\nOffsetPE = Param("PE Offset",0,-20,20,1);\n\nEntrydelay = Param("Entry Delay",0,0,1); \/\/ 0 - Execution with No Delay after a signal, 1- Execution at the end of the candle\nExitdelay = Param("Exit Delay",0,0,1);\nEnableAlgo = ParamList("Algo Mode","Disable|Enable|LongOnly|ShortOnly",0); \/\/ Algo Mode\nclear = ParamTrigger("Clear Static Variables","Clear");\nstatic_var_options = "staticvar_options"+Name()+Interval(2)+GetChartID() + stgy_name;\n\nif(clear)\n{\n\nStaticVarRemove("staticvar_options*");\n_TRACE("Static Variables Cleared");\n}\n\n\nfunction removeinteralmemory(typeoforder,opt_type,legno)\n{\nStaticVarRemove(static_var_options+typeoforder+"Options_Trans"+opt_type+legno);\nStaticVarRemove(static_var_options+typeoforder+"Options_OrderNo"+opt_type+legno);\nStaticVarRemove(static_var_options+typeoforder+"Options_Symbol"+opt_type+legno);\nStaticVarRemove(static_var_options+typeoforder+"Options_OrderStatus"+opt_type+legno);\nStaticVarRemove(static_var_options+typeoforder+"Options_NetQty"+opt_type+legno);\nStaticVarRemove(static_var_options+typeoforder+"Options_AveragePrice"+opt_type+legno);\nStaticVarRemove(static_var_options+typeoforder+"Options_ExecutionTime"+opt_type+legno);\n}\n\n\/\/Internal Memory\nopt_type="CE";\nlegno = 1;\nprintf("\\n---------------Leg 1 CE Orders (Main) Internal Memory----------");\nprintf("\\nOrderType : "+StaticVarGetText(static_var_options+"Options_Trans"+opt_type+legno));\nprintf("\\nOrderNo : "+StaticVarGetText(static_var_options+"Options_OrderNo"+opt_type+legno));\nprintf("\\nSymbol : "+StaticVarGetText(static_var_options+"Options_Symbol"+opt_type+legno));\nprintf("\\nStatus : "+StaticVarGetText(static_var_options+"Options_OrderStatus"+opt_type+legno));\nprintf("\\nNetQty : "+StaticVarGetText(static_var_options+"Options_NetQty"+opt_type+legno));\nprintf("\\nAveragePrice : "+StaticVarGetText(static_var_options+"Options_AveragePrice"+opt_type+legno));\nprintf("\\nExecutionTime : "+StaticVarGetText(static_var_options+"Options_ExecutionTime"+opt_type+legno));\n\nopt_type="CE";\nlegno = 1;\nprintf("\\n---------------Leg 1 CE Orders (Stoploss) Internal Memory----------");\nprintf("\\nOrderType : "+StaticVarGetText(static_var_options+"SLOptions_Trans"+opt_type+legno));\nprintf("\\nOrderNo : "+StaticVarGetText(static_var_options+"SLOptions_OrderNo"+opt_type+legno));\nprintf("\\nSymbol : "+StaticVarGetText(static_var_options+"SLOptions_Symbol"+opt_type+legno));\nprintf("\\nStatus : "+StaticVarGetText(static_var_options+"SLOptions_OrderStatus"+opt_type+legno));\n\nopt_type="PE";\nlegno = 2;\nprintf("\\n---------------Leg 2 PE Orders Internal Memory----------");\nprintf("\\nOrderType : "+StaticVarGetText(static_var_options+"Options_Trans"+opt_type+legno));\nprintf("\\nOrderNo : "+StaticVarGetText(static_var_options+"Options_OrderNo"+opt_type+legno));\nprintf("\\nSymbol : "+StaticVarGetText(static_var_options+"Options_Symbol"+opt_type+legno));\nprintf("\\nStatus : "+StaticVarGetText(static_var_options+"Options_OrderStatus"+opt_type+legno));\nprintf("\\nNetQty : "+StaticVarGetText(static_var_options+"Options_NetQty"+opt_type+legno));\nprintf("\\nAveragePrice : "+StaticVarGetText(static_var_options+"Options_AveragePrice"+opt_type+legno));\nprintf("\\nExecutionTime : "+StaticVarGetText(static_var_options+"Options_ExecutionTime"+opt_type+legno));\n\nopt_type="PE";\nlegno = 2;\nprintf("\\n---------------Leg 2 PE Orders (Stoploss) Internal Memory----------");\nprintf("\\nOrderType : "+StaticVarGetText(static_var_options+"SLOptions_Trans"+opt_type+legno));\nprintf("\\nOrderNo : "+StaticVarGetText(static_var_options+"SLOptions_OrderNo"+opt_type+legno));\nprintf("\\nSymbol : "+StaticVarGetText(static_var_options+"SLOptions_Symbol"+opt_type+legno));\nprintf("\\nStatus : "+StaticVarGetText(static_var_options+"SLOptions_OrderStatus"+opt_type+legno));\n\nfunction GetSecondNum()\n{\nTime = Now(4);\nreturn Time;\n}\n\n\n\nfunction PlaceOrder(EntrySymbol,TransType,order_type,LimitPrice,stoplevel) \n{\n\n\/\/Creating the Trading Bridge\nalgomojo=CreateObject("AMAMIBRIDGE.Main");\n\/\/Preparing the API data\n\napi_data = "{\n            \\"stgy_name\\": \\""+stgy_name+"\\",\n            \\"symbol\\":\\""+EntrySymbol+"\\",\n            \\"exchange\\":\\""+exchange+"\\",\n            \\"transaction_type\\":\\""+TransType+"\\",\n            \\"duration\\":\\""+duration+"\\",\n            \\"order_type\\":\\""+order_type+"\\",\n            \\"quantity\\":\\""+quantity+"\\",\n            \\"disclosed_quantity\\":\\""+disclosed_quantity+"\\",\n            \\"MktPro\\":\\""+MktPro+"\\",\n            \\"price\\":\\""+LimitPrice+"\\",\n            \\"trigger_price\\":\\""+stoplevel+"\\",\n            \\"product\\":\\""+productType+"\\",\n            \\"is_amo\\":\\""+is_amo+"\\"\n        }"; \n\n_TRACE("Broker API Request"+api_data);\nresp=algomojo.AMDispatcher(apikey, apisecret,"PlaceOrder",api_data,broker,ver);\n\n_TRACE("API Response : "+resp);\n\n_TRACE("Strategy Name : "+stgy_name+"  AlgoStatus : "+ EnableAlgo);\n_TRACE("Chart Symbol : "+ Name() +"  Trading Symbol : "+  EntrySymbol +"Trading Interval : "+Interval(2)+"  Chard Id : "+ GetChartID());\n\nSay( "Order Placed" ); \n\nreturn resp;\n\n\n\n}\n\n\nfunction GetOrderNo(resp)\n{\n\nOrderNo = "";\n\nsym = StrExtract( resp, 2,'{' );\n\nfor( jitem = 0; ( posdetails = StrExtract( sym, jitem,',' )) != ""; jitem++ )\n{\n\n\n if(StrFind(posdetails,"order_id") AND !StrFind(posdetails,"exchange_order_id")\n\tAND !StrFind(posdetails,"parent_order_id"))\n  {\n   OrderNo = StrExtract(posdetails,1,':');\n   OrderNo = StrTrim(OrderNo,"\\""); \/\/Trim if any extra white space\n   _TRACE("\\nOrderNo : "+OrderNo);\n  }\n  \n  \n\n} \/\/end of for loop\n\nreturn OrderNo;\n}\n\nfunction GetSymbol(resp)\n{\n\nSymbol = "";\n\n\nOrderNo = "";\n\nsym = StrExtract( resp, 2,'{' );\n\nfor( jitem = 0; ( posdetails = StrExtract( sym, jitem,',' )) != ""; jitem++ )\n{\n\n\n if(StrFind(posdetails,"symbol") AND !StrFind(posdetails,"trading_symbol"))\n  {\n   Symbol = StrExtract(posdetails,1,':');\n   Symbol = StrTrim(Symbol,"\\""); \/\/Trim if any extra white space\n   _TRACE("\\nSymbol : "+Symbol);\n  }\n  \n}\n  \n\nreturn Symbol;\n}\n\nfunction GetOrderHistory(OrderNo)\n{\n\n\/\/Creating the Trading Bridge\nalgomojo=CreateObject("AMAMIBRIDGE.Main");\n\napi_data = "{\n        \\"order_id\\": \\""+OrderNo+"\\"\n      }";\n_TRACE("OrderHistory API Request"+api_data);\n\n\/\/Sending The Broker Request for NetOpenPositions\nresp=algomojo.AMDispatcher(apikey, apisecret,"OrderHistory",api_data,broker,ver);\n_TRACE("OrderHistory API Response : "+resp);\n\nreturn resp;\n\n}\n\n\nfunction GetOrderStatus(OrderNo)  \/\/OrderHistory for OrderStatus\n{\nOrderStatus = "";\nresp = GetOrderHistory(OrderNo);\n\n\nsym = StrExtract( resp, 2,'{' );\n\nfor( jitem = 0; ( posdetails = StrExtract( sym, jitem,',' )) != ""; jitem++ )\n{\n\n\n if(StrFind(posdetails,"status"))\n  {\n   OrderStatus = StrExtract(posdetails,1,':');\n   OrderStatus = StrTrim(OrderStatus,"\\""); \/\/Trim if any extra white space\n   _TRACE("\\nOrderStatus : "+OrderStatus);\n  }\n  \n}\nreturn OrderStatus;\n\n}\n\n\nfunction GetPositionsBook()\n{\n\/\/Creating the Trading Bridge\nalgomojo=CreateObject("AMAMIBRIDGE.Main");\n\napi_data = "{ }";\n_TRACE("PositionBook API Request"+api_data);\n\n\/\/Sending The Broker Request for NetOpenPositions\nresp=algomojo.AMDispatcher(apikey, apisecret,"Positions",api_data,broker,ver);\n_TRACE("PositionBook API Response : "+resp);\n\nreturn resp;\n\n}\n\nfunction NetOpenPos(Symbol)\n{\n\nflag = 0;\n\n\nresp = GetPositionsBook();\n\n\nposNetqty ="0";\nproductmsg="";\nfor( item = 1; ( sym = StrExtract( resp, item,'{' )) != ""; item++ )\n{\n\n\nif(Strfind(sym,Symbol) AND StrFind(sym,product)) \/\/Matches the symbol and \/\/Matches the Order Type\n{\n\nflag = 1; \/\/turn on the flag\n\nfor( jitem = 0; ( posdetails = StrExtract( sym, jitem,',' )) != ""; jitem++ )\n{\n\nif(Strfind(posdetails,"product"))\n  {\n   productmsg = StrExtract(posdetails,1,':');\n   productmsg = StrTrim(productmsg,"\\""); \/\/Trim if any extra white space\n   }\n \n\n if(productmsg == product AND Strfind(posdetails,"net_quantity"))\n  {\n   posNetqty = StrExtract(posdetails,1,':');\n   posNetqty = StrTrim(posNetqty,"\\""); \/\/Trim if any extra white space\n  \n    _TRACE("\\nNetqty : "+posNetqty);\n  }\n  \n  \n\n} \/\/end of for loop\n}\n\n}\/\/end of for loop\n\n\nif(flag==0)\n{\n_TRACE("\\nTrading Symbol Not Found");\n\/\/posNetqty =0;\n_TRACE("\\nNetQty : "+posNetqty);\n}\n\nreturn posNetqty;\n\n}\n\nfunction GetExecTime(Symbol)\n{\n\n\nflag = 0;\n\n\nresp = GetPositionsBook();\n\nExecTime = "Not Executed";\nproductmsg="";\nfor( item = 1; ( sym = StrExtract( resp, item,'{' )) != ""; item++ )\n{\n\n\nif(Strfind(sym,Symbol) AND StrFind(sym,product)) \/\/Matches the symbol and \/\/Matches the Order Type\n{\n\nflag = 1; \/\/turn on the flag\n\nfor( jitem = 0; ( posdetails = StrExtract( sym, jitem,',' )) != ""; jitem++ )\n{\n\nif(Strfind(posdetails,"product"))\n  {\n   productmsg = StrExtract(posdetails,1,':');\n   productmsg = StrTrim(productmsg,"\\""); \/\/Trim if any extra white space\n   }\n \n\n if(productmsg == product AND Strfind(posdetails,"exchange_time"))\n  {\n   exchange_time = StrExtract(posdetails,1,':');\n   exchange_time = StrTrim(exchange_time,"\\""); \/\/Trim if any extra white space\n  \n    _TRACE("\\nexchange_time : "+exchange_time);\n  }\n  \n  \n\n} \/\/end of for loop\n}\n\n}\/\/end of for loop\n\n\nif(flag==0)\n{\n_TRACE("\\nTrading Execution Time Not Available and Trading Symbol Not Found");\n}\nreturn ExecTime;\n}\n\n\n\nfunction GetAveragePrice(OrderNo)  \/\/OrderHistory for OrderStatus\n{\nAveragePrice = "";\nresp = GetOrderHistory(OrderNo);\n\n\nsym = StrExtract( resp, 2,'{' );\n\nfor( jitem = 0; ( posdetails = StrExtract( sym, jitem,',' )) != ""; jitem++ )\n{\n\n\n if(StrFind(posdetails,"average_price"))\n  {\n   AveragePrice = StrExtract(posdetails,1,':');\n   AveragePrice = StrTrim(AveragePrice,"\\""); \/\/Trim if any extra white space\n   _TRACE("\\nAverage Price : "+AveragePrice);\n  }\n  \n}\nreturn AveragePrice;\n\n}\n\n\n\n\nfunction PlaceSLOptionsOrder(EntrySymbol, opt_type,legno,AveragePrice)\n{\n\n_TRACE("Place Stoploss Order");\n\nif(stopsenabled)\n{\n\/\/stoploss computation and stoploss order placement logic,\n\n\/\/stoploss computation\nstoplevel = StrToNum(AveragePrice) * (1+ stoppercentage\/100);\n\/\/round off to the nearest ticksize\nTickSz = 0.05;\nstoplevel = TickSz * round( stoplevel \/ TickSz );\nLimitPrice = stoplevel + stoplossslippagebuffer;  \/\/slippage is restricted to 2 points (Slippage Buffer)\n\n\nresp = PlaceOrder(EntrySymbol,"B","SL",LimitPrice,stoplevel);\n\nTrans = "B";\nStaticVarSetText(static_var_options+"SLOptions_Trans"+opt_type+legno,Trans,True); \nOrderNo = GetOrderNo(resp);\nStaticVarSetText(static_var_options+"SLOptions_OrderNo"+opt_type+legno,OrderNo,True);\nSymbol = GetSymbol(resp);\nStaticVarSetText(static_var_options+"SLOptions_Symbol"+opt_type+legno,Symbol,True);\nOrderstatus = GetOrderStatus(OrderNo);  \/\/Get the Orderstatus from OrderHistory\nStaticVarSetText(static_var_options+"SLOptions_OrderStatus"+opt_type+legno,Orderstatus,True);\n}\n\nreturn 0;\n}\n\n\nfunction PlaceOptionsOrder(spot_sym,expiry_date,strike_int,TransType, opt_type, offset,legno)\n{\n\nif(opt_type=="PE")\n{\noffset = -offset;  \/\/changing the polarity\n}\n\n\/\/create the Trading Bridge\nalgomojo = CreateObject("AMAMIBRIDGE.Main");  \/\/calling the bridge dll\n\n\/\/Prepart the API data\n\napi_data =  "{\n        \\"stgy_name\\":\\""+stgy_name+"\\",\n        \\"spot_sym\\":\\""+spot_sym+"\\",\n        \\"expiry_dt\\":\\""+expiry_date+"\\",\n        \\"opt_type\\":\\""+opt_type+"\\",\n        \\"transaction_type\\":\\""+TransType+"\\",\n        \\"order_type\\":\\""+order_type+"\\",\n        \\"quantity\\":\\""+quantity+"\\",\n        \\"price\\":\\"0\\",\n        \\"trigger_price\\":\\"0\\",\n        \\"product\\":\\""+productType+"\\",\n        \\"strike_int\\":\\""+strike_int+"\\",\n        \\"offset\\":\\""+offset+"\\"\n      }";\n\n\n_TRACE("Broker API Request"+api_data);\n\nresp = algomojo.AMDispatcher(apikey,apisecret,"PlaceFOOptionsOrder",api_data,broker,ver);\n\n_TRACE("Broker API Respone"+resp);\n\n\/\/Store the Transaction Type, OrderNo,Trading Symbol,OrderStatus,Netqty\n\nTrans = TransType;\nStaticVarSetText(static_var_options+"Options_Trans"+opt_type+legno,Trans,True); \nOrderNo = GetOrderNo(resp);\nStaticVarSetText(static_var_options+"Options_OrderNo"+opt_type+legno,OrderNo,True);\nSymbol = GetSymbol(resp);\nStaticVarSetText(static_var_options+"Options_Symbol"+opt_type+legno,Symbol,True);\nOrderstatus = GetOrderStatus(OrderNo);  \/\/Get the Orderstatus from OrderHistory\nStaticVarSetText(static_var_options+"Options_OrderStatus"+opt_type+legno,Orderstatus,True);\nNetQty = NetOpenPos(Symbol);  \/\/Get the Netqty from the Positions Book\nStaticVarSetText(static_var_options+"Options_NetQty"+opt_type+legno,NetQty,True);\nAveragePrice = GetAveragePrice(OrderNo);\nStaticVarSetText(static_var_options+"Options_AveragePrice"+opt_type+legno,AveragePrice,True);\nExecutionTime = GetExecTime(Symbol);  \/\/Get the Execution Time from OrderHistory\nStaticVarSetText(static_var_options+"Options_ExecutionTime"+opt_type+legno,ExecutionTime,True);\n\n\/\/follow thro stoploss order\n\/\/Testing Purpose\n\/\/PlaceSLOptionsOrder(Symbol, opt_type,legno,"100");\n\/\/Live Trading Purpose\nPlaceSLOptionsOrder(Symbol, opt_type,legno,AveragePrice);\n\n}\n\nfunction cancelorder(OrderNo)\n{\n\n\n\/\/Creating the Trading Bridge\nalgomojo=CreateObject("AMAMIBRIDGE.Main");\n\napi_data = "{\n        \\"order_id\\": \\""+OrderNo+"\\"\n      }";\n_TRACE("Cancel API Request"+api_data);\n\n\/\/Sending The Broker Request for NetOpenPositions\nresp=algomojo.AMDispatcher(apikey, apisecret,"CancelOrder",api_data,broker,ver);\n_TRACE("Cancel API Response : "+resp);\n\n\n}\n\nfunction cancelSLorders()\n{\nopt_type = "CE";\nlegno = 1;\nCEorderid = StaticVarGetText(static_var_options+"SLOptions_OrderNo"+opt_type+legno);\n\ncancelorder(CEorderid);\nremoveinteralmemory("SL",opt_type,legno);\t\n\nopt_type = "PE";\nlegno = 2;\nPEorderid = StaticVarGetText(static_var_options+"SLOptions_OrderNo"+opt_type+legno);\n\ncancelorder(PEorderid);\nremoveinteralmemory("SL",opt_type,legno);\t\n}\n\n\nfunction SquareOffPosition(opt_type,legno)\n{\nresp ="";\nTType = "";\nExitSymbol = StaticVarGetText(static_var_options+"Options_Symbol"+opt_type+legno);\nNetqty = StrToNum(NetOpenPos(ExitSymbol));\n\nif(StaticVarGetText(static_var_options+"Options_Trans"+opt_type+legno)=="B")\n{\nTType = "S";\n}\n\nif(StaticVarGetText(static_var_options+"Options_Trans"+opt_type+legno)=="S")\n{\nTType = "B";\n}\n\n\n\n\/\/Creating the Trading Bridge\nalgomojo=CreateObject("AMAMIBRIDGE.Main");\n\/\/Preparing the API data\n\n\napi_data = "{\n            \\"stgy_name\\": \\""+stgy_name+"\\",\n            \\"symbol\\":\\""+ExitSymbol+"\\",\n            \\"exchange\\":\\""+exchange+"\\",\n            \\"transaction_type\\":\\""+TType+"\\",\n            \\"duration\\":\\""+duration+"\\",\n            \\"order_type\\":\\""+order_type+"\\",\n            \\"quantity\\":\\""+Netqty+"\\",\n            \\"disclosed_quantity\\":\\""+disclosed_quantity+"\\",\n            \\"MktPro\\":\\""+MktPro+"\\",\n            \\"price\\":\\""+price+"\\",\n            \\"trigger_price\\":\\""+trigger_price+"\\",\n            \\"product\\":\\""+productType+"\\",\n            \\"is_amo\\":\\""+is_amo+"\\"\n        }"; \n\n_TRACE("Squareoff API Request"+api_data);\n\/\/Testing\n\/\/if(Netqty==0 AND ExitSymbol!="")\n\/\/Live Trading Purpose\nif(Netqty!=0 AND ExitSymbol!="")\n{\nresp=algomojo.AMDispatcher(apikey, apisecret,"PlaceOrder",api_data,broker,ver);\nremoveinteralmemory("",opt_type,legno);\t\n}\n\nif(resp!="")\n{\n_TRACE("Squareoff API Response : "+resp);\n}\nelse\n{\n_TRACE("Squareoff Order Not Triggered");\n}\nreturn resp;\n\n}\n\n\/\/straddletrigger = ParamTrigger("Straddle Entry Trigger","Place Straddle Options");\n\/\/exittrigger = ParamTrigger("Straddle Exit Trigger","Exit Straddle");\n\n\/\/if(straddletrigger)\n\/\/{\n\n\/\/PlaceOptionsOrder(spot_sym,expiry_date,strike_interval,TransType, "CE", offsetCE,1);\n\/\/PlaceOptionsOrder(spot_sym,expiry_date,strike_interval,TransType, "PE", offsetPE,2);\n\n\/\/}\n\n\/\/if(exittrigger)\n\/\/{\n\n\/\/cancelSLorders();\n\/\/SquareOffPosition("CE",1);\n\/\/SquareOffPosition("PE",2);\n\n\/\/}\n\nif(EnableAlgo != "Disable")\n    {\n\t\t\/\/if the time set as per the parameter control is reached\n\t\tif(GetSecondNum() == entrytime AND StaticVarGet(static_var_options + entrytime) == 0)\n\t\t{\n\t\t\t\/\/send the straddle orders\n\t\t\tStaticVarSet(static_var_options + entrytime,1);\n\t\t\tPlaceOptionsOrder(spot_sym,expiry_date,strike_interval,TransType, "CE", offsetCE,1);\n\t\t\tPlaceOptionsOrder(spot_sym,expiry_date,strike_interval,TransType, "PE", offsetPE,2);\n\t\n\t\t\n\t\t}\n\t\t\/\/reset the static variable if the otime is not matching\n\t\telse if(GetSecondNum() != entrytime)\n\t\t{\n\t\t\tStaticVarSet(static_var_options + entrytime,0);\n\t\t}\n\t\t\n\t\t\/\/if the time set as per the parameter control is reached\n\t\tif(GetSecondNum() == exittime AND StaticVarGet(static_var_options + exittime) == 0)\n\t\t{\n\t\t\t\/\/send the straddle orders\n\t\t\tStaticVarSet(static_var_options + exittime,1);\n\t\t\tcancelSLorders();\n\t\t\tSquareOffPosition("CE",1);\n\t\t\tSquareOffPosition("PE",2);\n\t\t\t\n\t\t\n\t\t}\n\t\t\/\/reset the static variable if the otime is not matching\n\t\telse if(GetSecondNum() != exittime)\n\t\t{\n\t\t\tStaticVarSet(static_var_options + exittime,0);\n\t\t}\n    \n    \n    \n    }\/\/end of Main if loop\n\nSetChartOptions(0, chartShowArrows | chartShowDates); \/\/x-Axis will be plottted\n\/\/plot the candles\nPlot(Close,"Close",colorDefault,GetPriceStyle() | styleNoTitle);\n\n\n<\/code><\/pre>\n\n\n\n
How to Setup Intraday Straddle Module?<\/strong><\/p>\n\n\n\n
1)Apply the AFL Code with proper Algomojo API Key and API secret key and Stoploss controls , Set the Entry and Exit time<\/p>\n\n\n\n
\"\"<\/figure>\n\n\n\n
2)Press Clear Static Variables to clear the temporary memory<\/p>\n\n\n\n
3)Temporary Multi Legged Memory Management can be seen at Amibroker -> Window -> Interpretation Box as shown below<\/p>\n\n\n\n
\"\"<\/figure>\n\n\n\n
Expiry Symbol Format<\/strong><\/p>\n\n\n\n
Ensure while entering the Option Expiry Format. Login to Algomojo Terminal and check out the weekly and monthly option format and enter the expiry date accordingly.<\/p>\n\n\n\n
For Upstox account holders Monthly Option Symbol Format: NIFTY22APR17200CE<\/p>\n\n\n\n
Hence the Expiry Date needs to be entered as 22APR<\/p>\n\n\n\n
For Aliceblue Account holders weekly Option Symbol Format: NIFTY2242117200CE<\/p>\n\n\n\n
Hence the Expiry Date needs to be entered as 22421Upstox – Symbol Format<\/p>\n\n\n\n
4)Ensure Log Window is open to capture the Trace Logs<\/p>\n\n\n\n
5)Bingo Now you have setup the complete end to end automated straddle\/strangle execution. Straddle\/Strangle Control can be controlled via offset parameters.<\/p>\n\n\n\n
6)Code is designed such a way that stoploss is placed for individual price legs and not for the combined premium of Straddle\/Strangle Spreads<\/p>\n\n\n\n
7)Make the Algo Enable and send time based straddle execution (Supports both entry and exit conditions).<\/p>\n","protected":false},"excerpt":{"rendered":"
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.<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"categories":[6,83],"tags":[13,157,86,158],"_links":{"self":[{"href":"https:\/\/algomojo.com\/blog\/wp-json\/wp\/v2\/posts\/384"}],"collection":[{"href":"https:\/\/algomojo.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/algomojo.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/algomojo.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/algomojo.com\/blog\/wp-json\/wp\/v2\/comments?post=384"}],"version-history":[{"count":2,"href":"https:\/\/algomojo.com\/blog\/wp-json\/wp\/v2\/posts\/384\/revisions"}],"predecessor-version":[{"id":599,"href":"https:\/\/algomojo.com\/blog\/wp-json\/wp\/v2\/posts\/384\/revisions\/599"}],"wp:attachment":[{"href":"https:\/\/algomojo.com\/blog\/wp-json\/wp\/v2\/media?parent=384"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/algomojo.com\/blog\/wp-json\/wp\/v2\/categories?post=384"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/algomojo.com\/blog\/wp-json\/wp\/v2\/tags?post=384"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}