// Try min profit squareoff first between 3 - 3.10 time.
// From 3.10 to 3.15 time if squareoff of all positions is set to true and the ltp diff meets threshold for max loss pct, then do a market order squareoff
public void TrySquareOffNearEOD(AlgoType algoType)
{
// if after 3 pm, then try to square off in at least no profit no loss if possible. cancel the outstanding buys anyway
if (MarketUtils.IsTimeAfter310())
{
var ordPriceType = OrderPriceType.LIMIT;
var doUpdateOrders = false;
// 3.20 - 3.25 pm time. market order type for forced square off given pct loss is within acceptable range
// do it before 3.15, otherwise broker will try to squareoff on its own anytime between 3.15 - 3.30
if (MarketUtils.IsTimeAfter320() && !MarketUtils.IsTimeAfter325() && squareOffAllPositionsAtEOD && !isEODMinLossSquareOffMarketOrderUpdated)
{
double ltp;
var errCode = GetLTP(out ltp);
if (errCode != BrokerErrorCode.Success)
{
return;
}
ordPriceType = OrderPriceType.MARKET;
var diff = (ltp - todayOutstandingPrice) / ltp;
Trace(string.Format("[Margin EOD]: diff {0} ltp {1} outstandingprice {2} pctMaxLossSquareOffPositions {3} goodPrice {4} ", diff, ltp, todayOutstandingPrice, pctMaxLossSquareOffPositions, goodPrice));
if ((Math.Abs(diff) < pctMaxLossSquareOffPositions || diff > 0) && todayOutstandingPrice > goodPrice)
{
Trace(string.Format("[Margin EOD]: max loss {0}% is less than {1}% and avg outstanding price {2} is greater than good price of {3}. LTP is {4}. Place squareoff @ MARKET.", diff, pctMaxLossSquareOffPositions, todayOutstandingPrice, goodPrice, ltp));
doUpdateOrders = true;
isEODMinLossSquareOffMarketOrderUpdated = true;
}
}
// 3.10 - 3.20 pm time. try simple limit order with min profit price. watch until 3.10 pm
else if (!isEODMinProfitSquareOffLimitOrderUpdated)
{
Trace(string.Format("[Margin EOD]: MinProfit Squareoff and cancel outstanding buy orders"));
ordPriceType = OrderPriceType.LIMIT;
isEODMinProfitSquareOffLimitOrderUpdated = true;
doUpdateOrders = true;
}
if (doUpdateOrders)
{
if (algoType == AlgoType.AverageTheBuyThenSell)
{
// just cancel the outstanding buy order
if (!string.IsNullOrEmpty(todayOutstandingBuyOrderRef))
{
// cancel existing buy order
errCode = CancelEquityOrder("[Margin EOD]", ref todayOutstandingBuyOrderRef, EquityOrderType.MARGIN, OrderDirection.BUY);
}
// bought qty needs square off. there is outstanding sell order, revise the price to try square off
if (!string.IsNullOrEmpty(todayOutstandingSellOrderRef))
{
// cancel existing sell order
errCode = CancelEquityOrder("[Margin EOD]", ref todayOutstandingSellOrderRef, EquityOrderType.MARGIN, OrderDirection.SELL);
if (errCode == BrokerErrorCode.Success)
{
// place new sell order, update sell order ref
var sellPrice = GetSellPrice(todayOutstandingPrice, false, true);
errCode = PlaceEquityOrder(stockCode, OrderPositionTypeEnum.Margin, todayOutstandingQty, todayOutstandingQty, sellPrice.ToString(), ordPriceType, OrderDirection.SELL, EquityOrderType.MARGIN, exchange, "", out todayOutstandingSellOrderRef);
}
}
}
}
}
}
