Profitmart

This guide has two parts. First you get your keys from Profitmart. Then you add the account inside AutoTrader Web.

Demo video

Step 1: Get your API Secret Code and TOTP Key

You need two different values from Profitmart. Get both before you move to Step 2.

Log in to the Profitmax website and click your Profile (Login ID).

API Secret Code

• Click the API Key button.
• URL: https://webx.stocksdeveloper.in/auth/profitmartCopy
• Primary IP: enter a dummy IP for now. You will add the correct one later (please watch the video).
• Untick “more than 10 orders per second”.
• Click Update.
• Now copy the API secret shown on this same page and save it in a notepad. This is the value you will enter as the API Secret Code in Step 2.

TOTP Key

• Click Security.
• Click TOTP.
• Click the Copy button to copy the TOTP Key.
• Save it in a notepad. You will need it in the next step.

Other fields on Profitmart’s API form. Profitmart’s screen may also ask for things we do not set, such as an Algo ID or a segment selection. These belong to Profitmart, not to AutoTrader Web, and what to put in them depends on your own account and what you are approved to trade. We cannot tell you what to enter, and the values are not something we need. Please ask Profitmart’s API support what these should be for your account. Everything AutoTrader Web needs from this screen is the API Secret Code below.

The API Secret Code and the TOTP Key are two different values. The API Secret Code comes from the API Key page under your profile. The TOTP Key comes from Security → TOTP. They go into two separate fields in AutoTrader Web, and pasting one into the other’s field will make validation fail. If you only have one of them, go back and collect the other before continuing.

Step 2: Add the account in AutoTrader Web

1. Go to the AutoTrader Web menu (Accounts -> Trading Accounts).
2. Click the Create button.
3. Select Broker as Profitmart.
4. Select KAMBALA_PROFIT_IPV4 as the platform.
5. Enter your Profitmart login id.
6. Enter your Profitmart password.
7. Enter the TOTP Key (from Security → TOTP).
8. Enter the API Secret Code (from the API Key page — not the TOTP Key).
9. Click Validate and Save.

That is it. You have added your Profitmart account. Before you start trading, read the known Profitmart limitations.

Static IP Setup

The static IP setup is the same for every broker. Follow the full guide here:

Static IP Setup — set up a static IP or bring your own (BYOIP)

Bracket and cover orders on Profitmart

Whether Profitmart offers a bracket or a cover order of its own — and in which segments — is set by the broker, and it can change. Many Indian brokers withdrew bracket orders in 2020 and never brought them back.

You can place one anyway. An AutoTrader bracket order (AT_BO) attaches a target and a stop-loss to your Profitmart order, with an optional trailing stop that follows the price in your favour and never moves back. An AutoTrader cover order (AT_CO) is the same thing with a stop-loss only. Your entry reaches Profitmart as an ordinary intraday order — the one thing every broker accepts — and AutoTrader Web watches the price and sends the closing order when your level is reached.

Place one from the order window, from your own code, or from a chart alert. It is intraday only, it does not give you the extra intraday margin some brokers give on their own bracket orders, and the position is squared off automatically a short while before the market closes.

Read the risk before you use it. A stop-loss decides when we try to exit — it does not decide the price you get. A sudden move can take the price straight past your level, so your loss can be larger than the stop-loss you set. The full explanation, and the one-time terms you agree to before your first one, are on Bracket & Cover Orders.