Dear all, I am a new trader. I have following python code. Can anyone please create strategy on Tradetron and share it on [email protected] according to this code please…
Define strategy parameters
lower_threshold = 500
upper_threshold = 600
target_percentage = 2.5 / 100 # 2.5%
stop_loss_percentage = 5 / 100 # 5%
Function to execute market order
def execute_market_order(symbol, quantity, order_type):
# Execute market order logic here
pass # Replace this with actual code to execute market order
Main function
def main():
# Connect to data source providing premium data for BankNifty 47000 strike call option
# Replace this with actual code to connect to data source
# Infinite loop to continuously monitor premium data
while True:
# Get premium data
premium = get_premium_data() # Replace with actual function to get premium data
# Check if premium crosses above upper threshold
if premium > upper_threshold:
# Execute market buy order
execute_market_order("BANKNIFTY_47000_CALL", 1, "BUY")
executed_price = premium
# Calculate target price and stop-loss price
target_price = executed_price * (1 + target_percentage)
stop_loss_price = executed_price * (1 - stop_loss_percentage)
# Continuously monitor premium data after buy order is executed
while True:
premium = get_premium_data() # Replace with actual function to get premium data
# Check if premium reaches target price
if premium >= target_price:
# Execute market sell order to exit at target
execute_market_order("BANKNIFTY_47000_CALL", 1, "SELL")
break
# Check if premium drops below stop-loss price
if premium <= stop_loss_price:
# Execute market sell order to exit at stop-loss
execute_market_order("BANKNIFTY_47000_CALL", 1, "SELL")
break
# Sleep for a certain interval before checking again
time.sleep(60) # Sleep for 60 seconds (adjust as needed)
# Sleep for a certain interval before checking again
time.sleep(60) # Sleep for 60 seconds (adjust as needed)
Entry point of the script
if name == “main”:
main()
thanks a lot