Comment on Kite 3.0 - Everything just got better!

MS commented on 12 Dec 2017, 11:00 PM

Hi,

GTC, as already mentioned by many, is a very powerful feature. A very simple way we can think of implementing this is to have the stock/price/qty in a dbase, and on a daily basis during the start of the day, run GTDaily for each of those scripts. So, basically, it can be easily implemented on top of GTdaily, with a script. Now, if on certain days if it doesn’t fall within the range of exchange provided price, then it doesn’t get set, s/w can easily handle this. And if you are worried for such orders to exist for a long time, then mark them as obsolete after 1-2 months (use the notification feature to intimate the user). (This can probably be easily done/tested with a script+db+JSON order place support that you have mentioned somewhere).

Also note, it helps to get the differential price and % diff between GTC price and current price. That helps one to realign and change GTC pricing, if necessary.

View the full comment thread »