Re: We need automatic execution using Bridges but is that possible?
, hopefully we will let you all know good news soon, waiting for final approvals at the exchange. We are trying to get blanket approvals for Bridge to various charting/analytic platforms, and for Pi itself. What exchange is worried about auto trading is if an algo goes bad. We are showing how that can be taken care by Risk management system, and hopefully should get approvals.
Once that is done, the whole going to a CA, et etc, all will not be required. Become an authorized person with us and you will be able to automate strategy, and you can change it whenever u want.
Bridges with Ami & MT4 from Pi will be ready soon, but only for Semi-Auto trading. A pop up window would not make much difference unless automatic execution. We (some of advanced traders) already have sound alert on Ami & MT4 which is doing same job, but it need a manual execution.
For automatic execution still we need a dealer terminal, we need to pass NSE certified exam, we need to give our strategies to NSE for review(by CA). :annoyed:.
Market is dynamic but, we can't change/modify new strategies whenever required (we need fresh review from NSE).
NSE is trying to do a School Master like job on professional traders.
We are profitable and we can afford a monthly charge for automatic execution, thats must be enough. It is our money, our risk. :annoyed:
Lets see whether Zerodha can get a permission for automatic execution using bridges (Pi to AMI-MT4) and . In that case we can easily change/modify/implement new strategies on Ami-MT4 instantly without revealing our strategies to NSE.
But, it is surely difficult. It is very unfortunate that, everywhere we find an Old School Master.
Happy Trading.
H.C.
For automatic execution still we need a dealer terminal, we need to pass NSE certified exam, we need to give our strategies to NSE for review(by CA). :annoyed:.
Market is dynamic but, we can't change/modify new strategies whenever required (we need fresh review from NSE).
NSE is trying to do a School Master like job on professional traders.
We are profitable and we can afford a monthly charge for automatic execution, thats must be enough. It is our money, our risk. :annoyed:
Lets see whether Zerodha can get a permission for automatic execution using bridges (Pi to AMI-MT4) and . In that case we can easily change/modify/implement new strategies on Ami-MT4 instantly without revealing our strategies to NSE.
But, it is surely difficult. It is very unfortunate that, everywhere we find an Old School Master.
Happy Trading.
H.C.
, hopefully we will let you all know good news soon, waiting for final approvals at the exchange. We are trying to get blanket approvals for Bridge to various charting/analytic platforms, and for Pi itself. What exchange is worried about auto trading is if an algo goes bad. We are showing how that can be taken care by Risk management system, and hopefully should get approvals. Once that is done, the whole going to a CA, et etc, all will not be required. Become an authorized person with us and you will be able to automate strategy, and you can change it whenever u want.
