fully-automated excel algo trader, the worksheet will capture live real-time data from my broker's server, pick a trade, place buy/sell/short/short-covering orders according to parameters I choose. It should be able to handle multiple positions at the same time. There will be multiple strategies running at the same time. Only market-order type will require to process. real-time profit and loss calculation in excel sheet. There should be an option to trade with single or multiple brokers at the same time. It should be able to place trades in multiple exchanges at the same time. It should be able to calculate/display slippages. Instant notification about slippages. The excel algo trader should be able to start by-itself, processes orders during day and shutdown at the end of the day without any manual intervention. Real time Pop-up window/email for consecutive losing trades. There will be only tick-data. it should be able to process/calculate as many indicators on real-time basis to execute orders.
I will show you similar kind of work done by other people for your ease.
Things I do NOT need in above work--
- backtesting feature
- stoploss, market-stoploss, bracket, limit orders
- no back-filling of data (the real-time data which has been captured during the trade, will remain as it is for later analysis)
- No charting, No OHLC, No exploration
Please ask if any query, regards, vishal..