© Rupeeseed Technology Ventures Pvt Ltd
© Rupeeseed Technology Ventures Pvt Ltd
MULTILEG ORDER
RupeeSeed has introduced multileg strategy for executing futures and
options contract strategies - MultiLeg Order.
The following parameters are required while placing the order :Strategy Name, Order Side, Exchange, Instrument, Symbol, Strike Price,
Order Type, No. Of Lot, Quantity, Product, Client ID, Client Name,Start
Time, End Time, Entry Price,Profit Price, Stop Loss Price, No. Of Round.
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Start Time : The Algo will start placing orders after the start time.
End Time : The Algo will stop placing new orders post the end time.
Entry Price : This value will be the total of the bid/ask price of the
contracts selected in the strategy.
Profit Price : The Algo will square off the open positions once the profit
value is equal/more than the value defined in this field.
Stop Loss Price : The Algo will square off the open positions once the
total loss value is equal/more than the value defined in this field.
No. of Round : The Algo will create additional positions based on
number of rounds.
Current Value : This value will be display summation of bid/ask price of
the contracts selected in the legs.
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For Example :
1st leg : Option buy CE
2nd leg :Option Sell CE
Start Time : 9.15 am
End Time : 12.00pm
No. Of Lot : 2
Entry Price : 300
Profit Price : 500
Stop loss Price :100
No. Of Rounds : 5
1st leg : Option buy CE (Ask price)@150
2nd leg :Option Sell CE (Bid Price)@175
The current value: 325
Algo will place the orders for respective option contracts at market once
the current value reaches entry price.
Real time profit and loss will be calculated and accordingly the positions
will be squared off.
If the loss is booked in the strategy then Algo will be stopped and no
further orders will be placed.
Based on the Number of rounds set the Algo will again place the orders
for the contracts with the same condition matching as per parameters
defined.
Note: In Mutlileg User can create 2L,3L and 4L strategies with
combination of Option- Option, Future- Future, Future- Option.
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