Hi @Priya_Hala this look awesome.
How you have done it?
Pls share some details.
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@Rajesh_K1 My husband is a developer. He has done it using broker API. Websocket for live data and CURL requests to place orders etc and webhook responses to store order data in database. Stoploss orders are immediately created in our system (not brokers) once order is executed. Targets too could be done. We can trail the stoploss too…We Can place and Exit orders through keys too pretty fast…Works fine. But we are not using Fyers now due to their margin issues. Unfortunately Zerodha does not provide Free Websocket data && the current Zerodha interface is not so good too for intraday options & scalping. Hope they will improve with upcoming terminal mode where we can customize the interface. Hope they will open their data API’s too…
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@askew @Arockiya_Raja @siva
Yes…Other brokers do provide the option to configure order window by allowing both stoploss in % and absolute values. Moreover Zerodha always opens order window with market orders rather than limit orders. But with other brokers as shown in screenshot we have the option to configure order window with either limit/market/stoploss etc…Lot of scope for improvement in Zerodha interface.
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Zerodha order form is auto selected based on last order you used,if last order is limit it picks limit next time, if it’s market then next time market will be default, same with other factors also, this way there is no need to configure every time.
Margin issues in Fyers? can u elaborate pls. i use it for some stratagies
@vikramaditya
Fyers had been imposing extremely high margins for option writing in pretext of risk management and I found out that at times it was nearly 7 lakhs more when compared with other brokers, for the quantity I sell. We raised a complaint and posted in twitter and very next day they changed their margin policy. Complaint is still pending with SEBI scores
(scores.sebi.gov.in) and they were unable to show the calculation of margins which NSE requested. Based on NSE request now we are raising complaint through smartodr.in. They were misutilizing client money and violating SEBI peak margin Rules and unable to provide an answer to it. Lot of others too have complained regarding Fyers. Always beware of trading with Fyers. They have excellent interface similar to TradingView, but Not trustworthy.
@siva @Arockiya_Raja
But it is not working for me. Usually while selling I place only limit orders and sometimes for closing positions I do place market orders (with market protection enabled). But every time I open Order Window it always displays with market order and Advanced View enabled, Order configuration is the best option as everybody can configure it the way they require.
I doubt whether it is due to enabling of Market Protection in Advanced View of Order Window, Please check.
See how Fyers is charging approximately 8 lakhs more margin when compared with Zerodha for a sell position - same quantity and same expiry. Took the screenshot few minutes back. Something is seriously wrong with Fyers. They are blatantly violating SEBI peak margin rules. Complaint pending with SEBI.
Fyers Margin
Zerodha Margin
In fact, all brokerages are showing the same margin except Zerodha. I tried with Kotak and Dhan — they are showing the same margin as Fyers. It’s Zerodha that’s showing a lower margin while placing the order, but once the order is placed, you can see the actual margin charged. Just check the screenshot below for a 24900 PE order, during market , that I placed to verify the margin
Fyers , Dhan, Kotak are charging same Margin while Angel, upstox,kite are charging lower margin.
When we recived all these latest features on kite mobile applications, these are available on web version of kite ?