How to check the open position(which already bought by Algo) in a fastest way.

Shivu999

How to check the open position(which already bought by Algo) in the fastest way.

Whenever Algo has got a buy signal based on that position is already taken, just wanted to know how to check the open position(which already bought by Algo) in the fastest way.

Shivu999

Hi Sujith/Faisal,

Could you please advise on the above.

sujith

You are looking for a connection between position and order?

vinaykachare

Yes, basically we want to ensure that new order should not be placed when there is open position.

Shivu999

@Sujith,

We would like to any open positions before placing any new order, even if an algo gets a buy/sell signal it should not create any new order if already position exists.

Shivu999

@sujith

Can you please advise on the above query?

rakeshr

@Shivu999
You can fetch open position, and check for
respective scrip.

vinaykachare

Open position also includes square off position for that day @rakeshr

vinaykachare

is there any way to distinguish between the open and squared off position?

Arasu84

You have to set flag algo itself for next position and current position.

you can place order, if algo signal and next position is matched
if(AlgoSignal==nextPostion) placeOrder(parm1.. nextPostion)

sujith

Maybe you can use the combination of quantity, order tags, and order status to compare with the position quantity.

vinaykachare

Thanks @sujith.. Request you to Share some example for more clarity?