How To Take Trades In Different Trading Accounts In ONE CLICK?
Updated: Feb 17, 2022
I take both discretionary trades and automated trades.
I use Amibroker for my automated trades. For discretionary trades, I watch either Gocharting charts or Amibroker charts to make my trading decision.
A few years ago, I had a small problem.
I had many accounts with different brokers, and I didn't know how to place the same orders (at the same time) across other trading accounts.
Logging into each broker account after seeing my trade setup was practically difficult.
But 'Autotrader Web' solved this problem. Now I can place the same orders simultaneously across different trading accounts (both discretionary and automated).
What is Autotrader Web?
Autotrader Web is a broker independent trading software suite. It supports both 'manual' and 'automated' forms of trading.
It facilitates trade and helps to manage multiple trading accounts across different stocks brokers (ex Zerodha, Upstox, 5-Paisa, etc) from a single system.
API stands for Application Program Interface (API is nothing but a set of formulas or rules for 2 software components to communicate with each other).
Trading API means a set of rules related to placing the new orders, modifying the orders, managing portfolio, etc. This is specific to each broker.
Many brokers charge different amounts to access their API. For example, Zerodha charges Rs.2,000 to access its API services.
Autotrader web provides 'Broker Independent Trading APIs for multi-broker accounts.
Broker Independent API means a similar API that has the capability to perform all the functions of a trading API across multiple brokers without any code change.