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Plugin to read and execute alerts

Streak (algo) and Zerodha (broker) are integrated platforms

Streak generates alert signals for the strategies deployed in their platform

So the job and steps are as below:

Read the entry alerts from Streak and place the “limit” buy or sell order as per the value mentioned in the alert in Zerodha (buy order for buy alert and sell order for sell alert)

If the order doesn’t get executed in the next 60 seconds, then cancel the order and wait for new alert

If the order gets executed, then place the “limit” stop loss order @ 0.25% (X) of the entry value

Go on modifying the stop loss (trailing) with every 0.0625% (0.25*X) change in the price of the ordered object four times; (which means that the SL becomes equal to the cost price); subsequently go on trailing with every 0.125% (0.50*X) increase in the price

In a rare case, when the price bypasses the “limit” stop loss price without triggering it, then the program should square off the order at market.

“X” to be provided as a variable field in the program

Skills: PHP, Software Architecture, JavaScript, WordPress, Plugin

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