AutoTrader Web

API function to square-off a position. The system will validate the position to make sure it is OPEN and proceed with square-off. This command can square-off all types of positions (MIS, NRML, CNC, BO, CO). APIs are available in AmiBroker, MetaTrader, Excel, Java, C#, Python, HTTP REST.

Note: A user should ideally square-off a position with a reverse order. This function is used for special use-cases when the user wants to square-off and does not want to enter a new position for the given symbol. For example, an intraday trader may want to square-off position before auto-square-off time set by the broker.

Api function will square-off a position on 5Paisa, AC Agarwal, AliceBlue, Ambalal Shares, AnandRathi, Angel, ATS, Choice, Eureka, Finvasia, Flattrade, Fyers, IIFL, Jainam, Kotak, Mastertrust, Motilal, Profitmart, Raghunandan Money, SAS, SW Capital, Tradejini, Tradeswift, Upstox, Wisdom Capital, Zebu, Zerodha, Symphony XTS.

/**
* Submits a square-off request for the given position.
*
* pseudoAccount - account to which the position belongs
* category - position category (DAY, NET). Pass NET if you are not sure.
* type - position type (MIS, NRML, CNC, BO, CO) 
* independentExchange - broker independent exchange
* independentSymbol - broker independent symbol
*/
function squareOffPosition(pseudoAccount, category, type, 
	independentExchange, independentSymbol)

// Square-off intraday NSE-SBIN position for account 
// defined in chart parameters
squareOffPosition(AT_ACCOUNT, "NET", "MIS", 
		"NSE", "SBIN");

// Square-off a bracket order NSE-SBIN 
// position for account defined in chart parameters
squareOffPosition(AT_ACCOUNT, "NET", "BO", 
		"NSE", "SBIN");

// Square-off delivery BSE-DMART position for account 
// defined in chart parameters
squareOffPosition(AT_ACCOUNT, "NET", "MIS", 
		"BSE", "DMART");

// Square-off NSE-BANKNIFTY future position for account ABC123
squareOffPosition("ABC123", "NET", "MIS", 
		"NSE", "BANKNIFTY_29-OCT-2020_FUT");

/**
* Submits a square-off request for the given position.
*
* pseudoAccount - account to which the position belongs
* category - position category (DAY, NET). Pass NET if you are not sure.
* type - position type (MIS, NRML, CNC, BO, CO) 
* exchange - broker independent exchange (Enum)
* independentSymbol - broker independent symbol
*/
bool squareOffPosition(string pseudoAccount, string category, 
	string type, Exchange exchange, string independentSymbol)

// Square-off intraday NSE-SBIN position for account 
// defined in chart parameters
squareOffPosition(AT_ACCOUNT, "NET", "MIS", 
		NSE, "SBIN");

// Square-off delivery BSE-DMART position for account 
// defined in chart parameters
squareOffPosition(AT_ACCOUNT, "NET", "MIS", 
		BSE, "DMART");

// Square-off NSE-BANKNIFTY future position for account ABC123
squareOffPosition("ABC123", "NET", "MIS", 
		NSE, "BANKNIFTY_29-OCT-2020_FUT");

/**
 * Submits a square-off position request.
 *
 * @param pseudoAccount pseudo account
 * @param category      position category
 * @param type          position type
 * @param exchange      position exchange (broker independent exchange)
 * @param symbol        position symbol (broker independent symbol)
 * @return true on successful acceptance of square-off request, false otherwise
 */
IOperationResponse<Boolean> squareOffPosition(
		final String pseudoAccount, 
		final PositionCategory category,
		final PositionType type, 
		final String exchange, final String symbol);

IOperationResponse<Boolean> response = 
	autotrader.squareOffPosition(ABC123, 
		PositionCategory.NET,
		PositionType.MIS, "NSE", "SBIN");

/// <summary>
/// Submits a square-off position request.
/// </summary>
/// <param name="pseudoAccount"> pseudo account </param>
/// <param name="category">      position category </param>
/// <param name="type">          position type </param>
/// <param name="exchange">      position exchange (broker independent exchange) </param>
/// <param name="symbol">        position symbol (broker independent symbol) </param>
/// <returns> true on successful acceptance of square-off request, false otherwise </returns>
IOperationResponse<bool?> SquareOffPosition(
	string pseudoAccount, PositionCategory category, 
	PositionType type, string exchange, string symbol);

IOperationResponse<bool?> response = 
	autoTrader.SquareOffPosition(
	"XX1234", PositionCategory.NET,
	PositionType.CO, "NSE", "SBIN");
	
if(response.Success()) {
    Console.WriteLine("Result: {0}", response.Result);
}
else {
    Console.WriteLine("Message: {0}", response.Message);
}

def square_off_position(self, pseudo_account, \
	position_category, position_type, exchange, symbol):

response = autotrader.square_off_position( \
	'XX1234', 'NET', 'MIS', 'NSE', 'WIPRO')
	
if response.success():
    print("Result: {0}".format(response.result))
else:
    print("Message: {0}".format(response.message))

curl https://api.stocksdeveloper.in/trading/squareOffPosition \
   -H "api-key: <your_api_key>" \
   -d "pseudoAccount=ACC_NAME" \
   -d "category=NET" \
   -d "type=MIS" \
   -d "exchange=NSE" \
   -d "symbol=SBIN"

curl https://api.stocksdeveloper.in/trading/squareOffPosition \
   -H "api-key: <your_api_key>" \
   -d "pseudoAccount=ACC_NAME" \
   -d "category=NET" \
   -d "type=BO" \
   -d "exchange=NSE" \
   -d "symbol=DMART"
   
curl https://api.stocksdeveloper.in/trading/squareOffPosition \
   -H "api-key: <your_api_key>" \
   -d "pseudoAccount=ACC_NAME" \
   -d "category=NET" \
   -d "type=NRML" \
   -d "exchange=NSE" \
   -d "symbol=BANKNIFTY_29-OCT-2020_FUT"

{
    "result":true,
    "error":null,
    "message":null,
    "status":true,
    "commandId":"6d4b5738-c1aa-1543-b0c5-8df779e0f44d"
}

' Submits a square-off request for the given position.
'
' pseudoAccount - account to which the position belongs
' category - position category (DAY, NET). Pass NET if you are not sure.
' type - position type (MIS, NRML, CNC, BO, CO) 
' independentExchange - broker independent exchange
' independentSymbol - broker independent symbol
Public Function SquareOffPosition(pseudoAccount As String, _ 
	category As String, posType As String, independentExchange As String, _
	independentSymbol As String) As Boolean

' Square-off intraday NSE-SBIN position for account 
' defined in chart parameters
SquareOffPosition(AT_ACCOUNT, "NET", "MIS", _
	"NSE", "SBIN")

' Square-off delivery BSE-DMART position for account 
' defined in chart parameters
SquareOffPosition(AT_ACCOUNT, "NET", "MIS", _
	"BSE", "DMART")

' Square-off NSE-BANKNIFTY future position for account ABC123
SquareOffPosition("ABC123", "NET", "MIS", _
	"NSE", "BANKNIFTY_29-OCT-2020_FUT");

Parameters

• account – pseudo account
• category – position category
• type – position type
• exchange – instrument (stock/derivative) exchange
• symbol – instrument (stock/derivative) symbol

Internal Working

It is extremely important that users understand how AutoTrader Web’s square-off works. The details are given on Square-off process.

Admin

The internal working is explained in detail on .

Warning

This feature is fairly stable, but it might not work in rare scenarios. See details below:

Admin

There are 60 different scenarios which needs to be tested in live market.

• 3 Exchanges (NSE, BSE, MCX)
• 4 Brokers (Zerodha, Upstox, Finvasia, AliceBlue)
• 5 Position types (MIS, NRML, CNC, BO, CO)

Which makes a total of (5 * 4 * 3) = 60 scenarios.

Unfortunately, it is not possible to test all of these scenarios in such a short span of time with the limited resources that we have.

We have built this feature with fail-safe. It will stop subsequent executions after first failure. This is extremely important to safeguard our clients. See below scenario:

• Clients strategy sends square-off request
• AutoTrader places square-off order
• Square-off fails (most likely due to multiplier issue, as some broker give net quantity not in multiples of lot size)
• Clients strategy sends square-off requests again as it sees the position is still open
  • But AutoTrader will not place another square-off order. Because it will result in a loop and there will be one square-off order for each function call by client’s strategy.

As you can understand, the results could be disastrous. Hence we have added a check which will stop square-off execution for a given position after first failure.

We will keep an eye on all failures and make necessary changes to the system.