buyin hedges frm broker n sell legs thru algo

varun

Hi @AlgoTest__Support__Sahil , will it be possible to buy hedge legs thru broker first n thn deploying selling strategy thru algo (only sell legs, ce n pe)? want to do this for less slippage in sell legs as algo takes 2-3 secs to execute sell legs as it always executes buy legs first (in no delay also)
also, if its possible then will execution go into error if i square of buying hedge leg frm brokers end? (aftr sell leg sl hit)

AlgoTestSupportSahil

Hi @varun
It is possible to buy hedges manually and then deploy a selling strategy. However, if you want to execute sell legs on time and hedge legs 3-5 seconds before, you can use the "Strategy Execution Time" feature in Execution Settings in AlgoTest. For example, if your strategy enters at 09:20, you can set the execution time to 09:19:55 and delay the entry of sell legs by 4-5 seconds. This way, the hedge legs will execute at 09:19:55, and the sell legs will execute at 09:19:59 or 09:20:00. Exiting a buy legs from the broker end after selling legs exit won't cause a margin error as long as you've manually entered hedges on the broker end.

varun

AlgoTest__Support__Sahil did nt knw about strtgy execution time feature .. thanks!!
about 2nd query, i ws nt referring to margin error bt sometimes strategy goes into error .. suppose, if i sell pe n ce thru algotest n earlier have bought buy hedges manually on brokers end, thn if one sell leg sl got hit n i want to square off corresponding buy leg too frm brokers end, cn i do so? hope algotest strategy wont be affected (it wont go into error mode) as those buy legs are independent of running algo?

AlgoTestSupportSahil

It is safe to exit your manual hedge position without affecting your strategy executed in AlgoTest.