Supported Trading Indices

The platform supports high-speed calculations, option chains, and automated execution for the following major Indian indices:

Key Components & Operations

Quick Sizing & Execution Pad

The order execution pad is built to place trades with minimal latency. It supports both buying and selling of ATM, ITM, and OTM option contracts.

Panic Control Panel

In high-volatility environments, managing panic exits is critical. The right column of the scalp pad features global exit commands:

Deploying and Managing Instances

You can deploy several different strategy instances running simultaneously on the server. For example, you can run a VWAP Trend Scalper on NIFTY and a Short Straddle Option Seller on BANKNIFTY concurrently.

Straddle Parameter Panel

Configure execution settings for manual entries using the expandable controls panel at the top of the cockpit:

One-Click Entry & Monitoring

The cockpit visualizes Call (CE) and Put (PE) premiums side-by-side. Click EXECUTE STRADDLE to place both legs simultaneously. Active positions display real-time combined LTP, highest/lowest premium tracked since entry, current P&L, and quick individual or combined exit controls.

Real-time Data Matrix

The Option Chain grid is organized vertically, with Call option data on the left, Strike Prices in the center, and Put option data on the right:

• Bid / Ask Spreads: Displays the live bid and ask premiums, enabling you to inspect contract liquidity.
• Open Interest (OI) & Volume: Tracks active contract accumulation and daily volume change percentages to identify key support and resistance zones.
• Live Greeks Dashboard: Computes and updates option Greeks dynamically:
  • Delta: Measures premium sensitivity to underlying price moves.
  • Theta: Displays expected time decay value per day.
  • Gamma & Vega: Tracks rate of delta change and volatility sensitivities.
• One-Click Trade Load: Click on any premium value under the CE or PE columns to automatically load that strike contract into the Scalp Terminal for execution.

Options Strategy Builder

The Strategy Builder lets you assemble and submit a multi-leg options strategy directly from the live chain. It opens as a side panel as soon as the first leg is added.

Portfolio Matrix Fields

Managing Active Stop Loss & Targets

When you place manual scalp trades, you can apply automated exit rules. The SL/Target Manager displays these settings in a real-time table:

• Stop Loss Points: If the premium drops or rises against your entry by this amount, the server triggers an exit order.
• Target Points: The target premium gain at which the position is closed for profit.
• Trailing SL Steps: Configures step increments (e.g. for every 10 points profit, move stop loss 5 points higher).
• Dynamic Updates: You can edit the values in the Stop Loss or Target fields directly in the table and click Apply Updates. The server updates the active monitoring loop instantly without needing to exit the trade.

Filters & Rejection Details

Sort through your order book using these filters:

Basket Orders

Open Orders and select Basket Ordersto create a basket from any supported instrument, including equities, futures, and options.

Immediate and Scheduled Execution

• Execute Basket Now: Places BUY legs first and waits for confirmation before placing SELL legs. Verify every fill in the Orders Book after submission.
• Schedule Execution: Enter a target time including seconds where required, then click Schedule. The broker session must still be authenticated at execution time.
• Scheduled Baskets: Review pending, completed, failed, and cancelled tasks. A pending schedule can be cancelled; completed, failed, or cancelled records can be deleted.
• Limit Orders: A basket can remain partially filled if one or more limit prices do not trade. Unfilled or failed legs are not automatically converted into market orders.

Chart Settings & Overlays

The charting screen supports the following interactive features:

• Indicator Overlays: Toggle indicators like VWAP andSupertrend directly on your options candlestick feeds.
• Timeframes: Switch between 1m, 5m, 15m,1H, and 1D intervals.
• Popout Charts: Click the expand button to open the chart in a standalone window, allowing for multi-monitor setups.

Creating Conditional Spot Triggers

Configure triggers based on underlying index prices:

Console Feed Details

Use the console feed to audit system activity. The logs display:

• Order Submissions & Fills: Details the timing, order type, and execution latency of trades.
• Strategy State Changes: Logs VWAP crossover calculations, stop-loss trailing updates, and target checks.
• API Diagnostics: Displays broker connection states, rate-limiting warnings, and token checks.

Equity Portfolio Overview

Track your equity stock investments. The table displays:

• Share Quantity: The count of shares held in your demat account.
• Buy Average: The purchase price of the shares.
• Current Valuation: Live valuation based on current stock market prices.
• Holdings PnL: Consolidated profit or loss (with percentage change) for each stock asset.

Adding and Monitoring Watchlist Items

Add specific strike contracts to your watchlist to monitor premiums. The watchlist displays:

• LTP & Spreads: Tracks live bid/ask spreads to help you evaluate contract liquidity.
• Intraday Ranges: Displays daily highs, lows, and volume change metrics.
• Trading Shortcuts: Click on any symbol row to load the contract parameters into the scalp order form.

Margin Accounts Breakdowns

Open this tab to verify that you have sufficient funds before starting strategies. The page displays:

• Ledger Balance: Your cash balance at the start of the trading day.
• Available Margin: Free buying power available to open new options buyer or seller positions.
• Collateral Credit: Margin credit received from pledging equity stock assets.
• Utilized Margin: Cash blocked to cover margin requirements for open option positions.

Scheduling Data Scrapers

Configure and run scraper jobs to build your local historical database:

• Index Selection: Schedule data scraping for specific indices (e.g.NIFTY, SENSEX).
• Job Scheduling: Set up scraper tasks to automatically download 1-minute historical tick data.
• Format: Data is downloaded and stored on the server as Brotli-compressed parquet files.

WebSocket Diagnostic Tools

Use these metrics to audit your broker data connection:

• Ping/Pong Latency: Measures connection delay (in milliseconds).
• Packet Frequency: Displays incoming packet frequency (ticks per second).
• Active Token Subscriptions: Lists all option contracts currently subscribed to the data feed.

Cloud Data Synchronizer

Sync historical option data from the R2 cloud database:

• Select Parameters: Select the Year and Symbol you want to download.
• Diff Syncing: The synchronizer compares your local storage with the cloud cache, skips already-downloaded files, and downloads the rest in background batches with a live progress bar.
• RAM Cache: Downloads are cached in client-side RAM to enable instant chart loading.

Multi-Leg Combo & Straddle Charts

The Historical Data page features a specialized Multi-Leg Combo Chart viewer to analyze synthetic straddle and strangle premiums over historical periods:

• Interactive Strategy Builder: Click theCombo Chart button to design custom multi-leg configurations. Add, modify, or remove options legs (Calls or Puts, Buy or Sell) and view consolidated pricing curves.
• Flexible Expiry Search: Search for specific option expiry dates by typing normal queries (e.g. 15-Feb, Feb,20240215) in the autocomplete field, populated directly from your local datasets.
• True ATM Strike Resolution: When applying presets like ATM Straddle or Strangle ±50, the system fetches the historical index Spot contract candles on the selected expiry date to read the exact day close price. It then rounds this price to the closest available strike on the options chain, ensuring a mathematically accurate At-The-Money (ATM) contract selection.
• Pending Preset Queue: If you select a preset before the contract strikes list is fully loaded from the server, the system automatically registers a pending action and applies the exact ATM strike computations the moment the data arrives.
• Detailed Chart Legends: The chart legend dynamically displays exact constituent leg strikes and contract details (e.g. NIFTY ATM Straddle (21900 CE + 21900 PE)), making it easy to identify options under analysis.

Running Historical Simulations

Run backtests to evaluate strategy performance before trading live. The Backtest page displays:

• Simulation Inputs: Select strategy type, start/stop dates, timeframe, and target strike offsets.
• Equity Curve: Interactive chart showing growth of capital over time.
• Drawdown Log: Visual representation of maximum capital drawdowns.
• Strategy Report Card: Displays Win Rate, Profit Factor, Net Profit, and detailed trade logs.

Interface Overview & Live Metrics

At the top of the Strategy Builder, the interface displays live statistics computed from the options market feed:

• Spot & Futures: Tracks the active underlying spot index and synthetic future price.
• DTE (Days to Expiry): The exact days remaining until the active contract options expire.
• PCR (Put-Call Ratio): Computes the volume-based and Open Interest-based Put-Call ratio to evaluate market sentiment.
• Max Pain: Evaluates the option strike price where option buyers would experience the maximum loss, indicating potential index magnets.
• Avg IV: Displays the average At-The-Money (ATM) Implied Volatility.

Leg Construction Panel

Use the Left Panel to construct your multi-leg strategy:

• Symbol & Expiry Selector: Pick the target index (e.g. NIFTY, BANKNIFTY) and the specific expiry date.
• Leg Editor: Click Add Leg to insert a new position. For each leg, you can configure:
  • Buy/Sell (B/S) Toggle: Define if the contract is long (Buy) or short (Sell).
  • Option Type: Switch between Call Options (CE) and Put Options (PE).
  • Lots: Edit the number of option lots using the plus/minus counters.
  • Strike Price: Select the exact strike using increment steps or manual input.
  • Premium: Input a custom premium or let the feed pull live premiums.
• Actions: Clear the entire constructor with Clear All or reload original pricing with Reset Prices.

Risk Profiles & Payoff Analysis

The Right Panel computes and renders real-time payoff analytics for your strategy configuration:

Execution Controls

Once you are satisfied with the strategy configuration, use the execution pad to place your trades:

• Product Type: Select MIS (Intraday) or NRML(Carry Forward).
• Order Type: Choose LIMIT or Market Protected.
• Strategy Parameters: Configure optional exits like Auto Exittime, profit target (TGT), stop loss (SL), or trailing stop (TSL).
• Trade Strategy: Submits the complete basket to the broker. Like other baskets, BUY legs are placed first to secure margin benefits before executing short legs.

Global Risk Controls

Configure thresholds that protect your capital across all active manual and automated strategies:

Notification Webhooks

Connect Cloud Trader Pro to your communication channels for real-time order fills, SL hits, and risk alerts:

• Telegram Integration: Paste your Telegram bot token and target chat ID to stream execution alerts directly.
• Discord Webhooks: Enter your Discord channel webhook URL to broadcast formatted JSON embeds on strategy events.

Broker Connection Manager

Configure API credentials for supported brokers (Flattrade / Shoonya / Upstox):

• API Credentials: Store Client ID, Client Secret, API Key, and Redirect URLs securely on your local server.
• Session Authentication: Renew sessions daily before market open. Click "Login" to execute the OAuth redirect flow and establish the session token.
• Diagnostics: Monitor login success status logs, token expiry indicators, and auth exception states in real time.

Broker Credentials Specifications

Each broker requires specific credential sets from their developer console. Configure these correctly in the settings panel:

Key Built-In Safeguards

• Market Protection Buffers: Market orders are submitted as limit orders with a 5% price buffer to protect you from executing at extreme prices during thin liquidity.
• API Rate Limit Protections: Request queues throttle REST API queries to prevent IP bans or connection locks.
• Websocket Watchdog: Automatically detects disconnected tickers and triggers clean reconnections to protect active strategy logic.

Step 1: Entry Trigger Modes

Configure how your Straddle or Strangle enters the market. The server supports 5 distinct entry trigger types to handle various market conditions:

Advanced Strike Selection Criteria

Instead of placing trades strictly at the At-The-Money (ATM) strike, users can choose from 5 advanced strike selection modes. These criteria resolve option contracts dynamically at the moment of entry:

Step 2: Option Order Protection Buffers

Exchanges block raw market orders for index options due to illiquidity. To protect your entries and ensure immediate execution during high volatility, the server converts "Market" orders into buffered limit orders:

Step 3: Risk Management & Exits

The server monitors the combined price of the call and put options (LTP CE + PE) to apply these risk management options:

Advanced: Delay SL Execution

In live options markets, prices frequently spike momentarily to or past the SL level and then immediately reverse. The Delay SL feature prevents these fake-outs from triggering premature exits. It introduces a configurable wait period between the SL breach and the actual exit order.

How It Works

Configuration Parameters

Worked Example

Leg-wise Execution & Strategy Re-Entry

Cloud Trader Pro supports advanced leg-wise execution boundaries and recursive strategy re-entry flows to let you execute complex trade lifecycle management:

1. SL/Target Modes (Leg-wise vs. Combined)

By default, the strategy operates in Combined mode, treating Call (CE) and Put (PE) legs as a single straddle position. If Leg-wise mode is chosen, the engine executes independent tracking:

• Independent Leg Trailing: Call and Put options maintain their own Stop Loss and Target thresholds calculated from their fill averages. Hiding the global SL/Target inputs in this mode prevents any conflict.
• Partial Exits: When the Call Stop Loss is triggered, only the Call leg is squared off, transitioning the strategy state toPartially Active while the Put leg continues to run.
• Isolated Trailing Stop: Trailing Stop Loss rules (Move and Trail) are applied individually to each leg's Last Traded Price (LTP) relative to its highest/lowest point since fill.

2. Strategy Re-Entry Logic

After both legs of a straddle position are closed (via SL Hit, Target Hit, or Leg-wise exit), the engine can trigger automated re-entry if enabled. You can configure:

• Re-entry Scope: Choose independent strike resolution criteria for the re-entered positions:
  • Same Strike: Re-opens positions in the exact same contracts that were traded initially.
  • Strike Type, Closest Premium, Premium >=, Premium <=, Straddle Width:Dynamically resolves fresh option contracts using specific criteria and moneyness selection. (Straddle Width is hidden if Single Reverse Leg is chosen).
• Re-entry Leg Mode:
  • Both Legs (Straddle): Re-enters both Call (CE) and Put (PE) option contracts simultaneously.
  • Single Reverse Leg: Re-enters only the single reverse leg (the one that hit Stop Loss first). Succesive re-entries will alternate dynamically (CE -> PE -> CE...).
• Execution Modes:
  • Instant: Re-enters immediately once the optional cool-off period expires.
  • Momentum Breakout: Captures the combined premium LTP of the resolved contracts on cool-off completion. It then sets up breakout/breakdown bounds and executes entry only when combined LTP crosses the selected momentum direction trigger:
    • Breakout (+Pts): Triggers entry when premium moves above Reference + Momentum Up points.
    • Breakdown (-Pts): Triggers entry when premium moves below Reference - Momentum Down points.
• Max Re-entries Count: Prevents overtrading by limiting the maximum number of times the strategy is allowed to recursive-reenter in a single session.
• Cool-off Timer: A configurable delay (in seconds) that must pass after an exit before the engine resolves new contracts or arms the next re-entry trigger.

3. Custom Re-Entry Risk Settings

You can toggle Use Custom Settings in the Re-Entry panel to enforce separate SL, Target, and Trailing SL (TSL) parameters specifically for re-entered positions, keeping them isolated from the first-entry configuration.

• Independent Re-Entry Target & SL: Configure separate Combined or Leg-wise Stop Losses and Targets for re-entered trades.
• Independent Re-Entry Trailing SL (TSL): Define independent Trailing Move and Trail steps for trailing SL in re-entries.
• Dynamic SL at Momentum Extreme (Swing Extreme): When using Momentum Breakout execution and Combined SL mode:
  • Dynamic Stop Loss: Automatically sets the Stop Loss price to the highest combined premium (for SELL trades, i.e., Swing High) or lowest combined premium (for BUY trades, i.e., Swing Low) reached during the momentum tracking period.
  • Max SL Cap: Enforces a safety boundary. The Dynamic SL is capped at this value to limit maximum loss if the market experiences large swings before triggering your entry.

Operational Lifecycle & Rules

Manual Strategy Overrides

You can bypass the automated indicator checks at any time using manual overrides on the Strategies page:

Delay SL Spike Protection

The VWAP Strategy Template fully supports Delay SL protection. If enabled under the strategy configuration, a temporary price spike crossing the stop-loss level arms a wait timer (in seconds) instead of exiting instantly. If premium prices recover before the timer expires, the exit is aborted. See the dedicated Delay SL section for working scenarios and force-execution guidelines.

Setting Up Webhook Alerts

Configure real-time alerts in App Config to track executions from your phone:

Navigation Keys

Emergency Actions

Configuration & Controls

Update settings and manual update triggers are accessible on both theSystem Settings page and the About tab of the dashboard: