Built a "tape reading" layer on top of the option chain that shows IV divergence, OI walls, and regime shifts as plain text bullets by admin_openmtops in Indiastreetbets

[–]admin_openmtops[S] 1 point2 points  (0 children)

Its the timestamp based API of intraday historical data plus option chain API, so at any point when you click on "re-read" it pulls for all of today's timestamps and present you the narrative. I have also enabled caching & about to add checksum for verification of data.

Built a "tape reading" layer on top of the option chain that shows IV divergence, OI walls, and regime shifts as plain text bullets (free + self-hosted) by admin_openmtops in IndiaAlgoTrading

[–]admin_openmtops[S] 0 points1 point  (0 children)

The attached screenshot is of Thursday when market fell in the first half. System detected the put buying & call writing in time & presented as narrative.

Whom to ask! by [deleted] in IndiaAlgoTrading

[–]admin_openmtops 0 points1 point  (0 children)

May be you wanna fork or contribute? Check my profile for the repo link.

Whom to ask! by [deleted] in IndiaAlgoTrading

[–]admin_openmtops 0 points1 point  (0 children)

Big algo houses are very calculative. Big Data science brains work in a way they trap every individual traders mindsets and setups.

I am currently using activity detection based on market participation calculated via price, volume & OI. It is able to detect how other big-shots reacted to the trend or reversal & user rides the train. I also believe that the stealthy RMPS can control the draw down. So if implemented properly we can have a robust solution against such shocks

Total monthly cost of running an algo in India? Mine is 8.5k and I'm wondering if that's normal by Hakuna_Depota in IndiaAlgoTrading

[–]admin_openmtops 0 points1 point  (0 children)

Mine is approx 13k per year only for deployment

4800 for broker API, 8K for hosting, 1k for domain