My experience with Live Deployment on Streak

Algos, strategies, code
1

@Streak

Hello,

I did a Live Deployment of a strategy in Streak and the following are my findings. I feel that there are some issues which I would like to bring to your notice. Would appreciate if you could go through them and advise

  1. My strategy was as follows

Entry

BUY 1 share when Multitime frame completed(min, Close(0) higher than Close(-1) ) at min candle interval using candlestick chart. Enter trade between 00:00 to 23:59

Exit

SELL 1 share at stop loss % of 999.00 or target profit % of 2.00 at min candle interval using candlestick chart.

  1. Observation

When the condition was met, the system prompted me to “Take Action”. I clicked on the button and I was given the option of placing the order at market value as was desired. The order was sent to the exchange.

Immediately after the order was executed. I was again prompted to “Take Action”. When I checked it was prompting me to put an SL-M order but the values were all zero and it was not showing me the target profit of 2%. In fact, it did not allow me to change the blank values on the SL-M order.

I then had to cancel the live deployment and set the target manually

I am not able to understand the reason for this. Can someone please explain?

Thanks
Sachin

2

Dear @sachinbal

Please note that the SL-M order solely pertains to automatically executing the stop-loss (SL) generated by the strategy based on the entry price whenever the SL is triggered. Modifying any values in the SL-M order is not allowed. This is as per the design of the platform.

If the SL specified in the strategy is below the lower circuit limits set by the exchanges, the SL-M order will not be executable.

We notice that you have set the SL as 999% which is lower than the lower circuit value of any stock, please set the SL that is more realistic (above the lower circuit) and you will be able to place the SL-M order.

Hope this clarifies the doubt.