Place orders automatically at specific time (market start)

Introduction

In this article, we will look at how to automatically place orders in bulk at a specific time. Many users would find this useful as a common requirement among traders is to automatically place orders when market starts at 9:15 am.

Demo Video

A demo of this process is available on YouTube

Warning

This demo was built with AutoTrader, which is now restricted to NOW, NEST & ODIN platforms only.

For trading with Upstox, Zerodha, AliceBlue or Finvasia; please use the next generation AutoTrader-Web. This product also has similar Excel utilities.

Prerequisite

You need to install AutoTrader-Web software. For more details, kindly read documentation for Excel utilities.

Description

AutoTrader installation comes with sample excel files that we will use for automatically placing bulk orders at a predefined time. These excel files are same as your normal excel and you can even write excel formulas to populate orders. Feel free to make as many copies of these files as you need.

Sample excel files are available at path (C:\autotrader\scripts\excel). All excel files have time based settings:

  1. BulkOrders-WebPlatforms – This is for web based trading platforms (Zerodha KITE, Upstox Web, AliceBlue, Finvasia Scalpert etc.)
  2. All other excel files are suited for desktop trading terminals (NOW, NEST, ODIN)

Process

1. Start AutoTrader & make sure it is in RUNNING status

2. Open the excel file that is applicable to the trading platform (see above)

3. Fill up the order sheet with all the orders you want to send (see image below)

4. Go to settings sheet and enter the time at which you want orders to go in cell B1 (see image below)

5. Click the Start Timer button. You will see the timer starting, which shows time remaining.

6. As soon as your specified time is reached; orders will automatically be sent to AutoTrader which in turn will place them automatically onto your trading platform.

If you face any issues, kindly contact support.

Image: Order data

Image: Setup order time

I have around 15 years of experience developing Financial Software. I took a break from my career to start my own algorithmic trading setup. This new journey started well and along with my own proprietary trading systems, I also started building automation systems for retail traders, fund managers and HNIs. I was employed with firms like Morgan Stanley, HSBC & SunGard. I work on various technologies, but my strengths are building server side cloud based algorithmic trading systems built primarily using Java programming language. Apart from all of this, I am a big fan of Formula 1 racing :-)

11 thoughts on “Place orders automatically at specific time (market start)”
  • Murali says:

    Hi I am Murali from bangalore
    I would like to know the details of the software

    And need to subscribe

    Regards
    Murali
    7892207798
    salesblr18@gmail.com

    November 16, 2019 at 3:55 pm
  • Mahantesh says:

    I have created a virtual machine in google clouds and started the link with autotrader with the zerodha kite.. As google clouds doesn’t have the windows excel in it.. So trying to use the WPS spreadsheet for it..

    But the macros are not enabled for it to place orders through the wps excel

    December 1, 2019 at 10:08 am
    • Admin says:

      You can install excel on windows cloud.

      December 2, 2019 at 3:51 am
  • Priya says:

    I am trying out autotrader on trial period to see if it suits my requirement before I go for paid version. I would like to know which excel to be used for placing the Call/Put options buy / writing trades. There is no macro on the excel – autotrader options buy call put.

    December 16, 2019 at 4:58 am
    • Admin says:

      All types of contracts can be traded from the files inside this path (C:\autotrader\scripts\excel). Do not use excels inside the ‘old’ folder.

      December 16, 2019 at 1:30 pm
    • Priya says:

      Thank you ! I will try ‘BulkOrders -Webplatforms’ to fire orders to Kite on the Options writing /Buying ! please correct me if a different one is to be used !

      December 17, 2019 at 2:19 am
  • RINTU KUMAR says:

    I AM NEW TRADER TO MAKE LITTLE AMOUNT FROM STOCK / OPTION. INSTALLATION AND SETTING DONE FROM YOUR END?

    August 22, 2020 at 9:12 am
    • Pritesh says:

      You need to do everything by yourself. All help material is there on our website. If you face any problems, you can avail email or whatsapp support which is free.

      https://stocksdeveloper.in/autotrader-web

      August 23, 2020 at 4:00 pm
  • faiz says:

    Hi , is there any option for bulk trade on autotrader web ?

    September 2, 2020 at 12:19 pm
    • Pritesh says:

      Yes, there are 3 different excel tools built for custom purposes. Please use them, see the link below:

      Excel Library or Tools

      September 3, 2020 at 1:03 am

Comments are closed.