Automatic Trading App

The client required a Trading App to automate his business.

• He wants an app that can put orders into the trading terminal without any human intervention.
• The app should be integrated with a tool to accept parameter setting values from the user and trigger the Trading process based on the parameter values.

• .NET3.5(C#), ASP.Net
• J-Query, Ajax
• Window Service
• N-Layer, 3-tier

• Xceed Component Library
• MCX’s Third-party APIs with FIX protocol
• Exchange Native API
• Data FEED API provided by Exchange

• This is a computer trading program that automatically submits trades to an exchange (MCX-SX). It is High-frequency trading (HFT) software.
• HFT usually uses proprietary trading strategies that are carried out by computers.
• This software follows FIX (Financial Information Exchange) Protocol to submit trades. I.e. a series of messaging specifications for the electronic communication of trade-related messages.
• We get the broadcast data in the form of Ticks from the exchange through UDP Socket and communicate with the exchange via fix message through fix protocol.
• Based on the different algorithms we generate a Buy, Sell, Stop Loss Buy, and Stop Loss Sell from our software.

The software has OMS implemented i.e. Order Management System, handling generated order details as well as Traded order details, it also has a Risk Management Module implemented to minimize risk factors at the Brokerage House end.

Some technical indicators that we have incorporated into the application are:

• RSI (Relative Strength Index)
• On Balance Volume (OBV)
• Parabolic SAR
• Moving Averages
• Accumulation/Distribution (AD)
• Average Directional Movement (ADX)
• Adaptive Moving Average (AMA)
• Absolute Price Oscillator (APO)
• Aroon (AR)
• Aroon Oscillator (ARO)
• Average True Range (ATR)