Taking position in a script based on an event in another - Is this possible in PI/Kite?

[muthunagarajan1]

Hi all,

I want to buy/sell a script based on a trigger in a different script.
For example, I might buy a bank stock after a bullish crossover in bank nifty?

Can someone please let me know whether this is possible in PI or Kite?

Thanks
Muthu Nagarajan

[muthunagarajan1]

Tagging @AlgoGeek & @Sensibull for help in this regard!! Thanks.

[Sensibull]

@muthunagarajan1

Hi all,

I want to buy/sell a script based on a trigger in a different script.

For example, I might buy a bank stock after a bullish crossover in bank nifty?

Can someone please let me know whether this is possible in PI or Kite?

Thanks

Muthu Nagarajan

Hi @muthunagarajan1

SEBI’s Internet Based Trading guidelines for retail will not let a broker do this on your behalf by having an automated system firing an order on your behalf. So the only way out is to write something which will do this at your end.

@siva-reddy @AlgoGeek can you confirm this please?

[muthunagarajan1]

Thanks @Sensibull

Is it possible to write a code in Tradescript…? Haven’t learnt Tradescript yet. If writing a code is possible…will learn it

[siva-reddy]

@Sensibull

SEBI’s Internet Based Trading guidelines for retail will not let a broker do this on your behalf by having an automated system firing an order on your behalf. So the only way out is to write something which will do this at your end.

One can get a popup or message, only automatic firing or order is not allowed, but notification is fine.

[Sensibull]

@muthunagarajan1

Is it possible to write a code in Tradescript…? Haven’t learnt Tradescript yet. If writing a code is possible…will learn it

I wouldn’t know the answer to that. Never used it. So passing that to more knowledgeable junta here