Akbar Ali
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Username:ctid5718405
Name:Akbar Ali
Member since: 02 Feb 2023
Country:Pakistan

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@Take profit & stop loss implementation with Limit & Stop orders:  17 Mar 2023, 09:50


massimiliano.quarti please provide your contact details

massimiliano.quarti said:

Please contact me i'm still searching a valid solution

ctid5718405 said:

ctid5718405 said:

PanagiotisCharalampous said:

Hi massimiliano.quarti,

If you need to trade on behalf of somebody else, you need to use Open API.

Best Regards,

Panagiotis 

Join us on Telegram and Facebook

I am also working a copy trading solution just similar to one described by massimiliano.quarti

My main account under a bot will create a master order, that I would like to copy to possibly thousands of my customer accounts.

How I am thinking to manage it like, designing a copy trading engine as described by massimiliano.quarti using FIX API, where I need to manage three orders first one to manage main trade, second one to manage SL, and third to manage a TP, but you suggested to use Open API instead of FIX API, but probably you know there certain limitations posed on requests per second under one Open API application 

so how can I manage possibly 1000s of requests per second using Open API?

After a lot of research and deliberation, I came up with a solution that can copy trade on behalf of possibly1000s of customers having their ctrader accounts, my solution is based on.

  1. A serverless and Microsoft Azure cloud-based application (Azure Event Grid, with Azure Functions),
  2. ctrader Open API
  3. SQL Server (In memory OLTP)

@Take profit & stop loss implementation with Limit & Stop orders:  17 Mar 2023, 08:27


ctid5718405 said:

PanagiotisCharalampous said:

Hi massimiliano.quarti,

If you need to trade on behalf of somebody else, you need to use Open API.

Best Regards,

Panagiotis 

Join us on Telegram and Facebook

I am also working a copy trading solution just similar to one described by massimiliano.quarti

My main account under a bot will create a master order, that I would like to copy to possibly thousands of my customer accounts.

How I am thinking to manage it like, designing a copy trading engine as described by massimiliano.quarti using FIX API, where I need to manage three orders first one to manage main trade, second one to manage SL, and third to manage a TP, but you suggested to use Open API instead of FIX API, but probably you know there certain limitations posed on requests per second under one Open API application 

so how can I manage possibly 1000s of requests per second using Open API?

After a lot of research and deliberation, I came up with a solution that can copy trade on behalf of possibly1000s of customers having their ctrader accounts, my solution is based on.

  1. A serverless and Microsoft Azure cloud-based application (Azure Event Grid, with Azure Functions),
  2. ctrader Open API
  3. SQL Server (In memory OLTP)

@Take profit & stop loss implementation with Limit & Stop orders:  07 Mar 2023, 16:12


PanagiotisCharalampous said:

Hi massimiliano.quarti,

If you need to trade on behalf of somebody else, you need to use Open API.

Best Regards,

Panagiotis 

Join us on Telegram and Facebook

I am also working a copy trading solution just similar to one described by massimiliano.quarti

My main account under a bot will create a master order, that I would like to copy to possibly thousands of my customer accounts.

How I am thinking to manage it like, designing a copy trading engine as described by massimiliano.quarti using FIX API, where I need to manage three orders first one to manage main trade, second one to manage SL, and third to manage a TP, but you suggested to use Open API instead of FIX API, but probably you know there certain limitations posed on requests per second under one Open API application 

so how can I manage possibly 1000s of requests per second using Open API?

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