I need some sort of GUI that will pop up on my computer screen and allow me one click trading.
I am using Trader Workstation from Interactive Brokers to place my trades and I am trading basic Stock Options strategy - buying CALLS & buying PUTS.
I need this GUI Panel to allow me to enter and exit trades as fast as possible with a number of conditions through one click execution button.
CONDITIONS: 1./ Delta must be above and closest to +0.5 for CALLS and below and closest to -0.5 for PUTS. (Delta value - adjustable feature, such as +0.6/-0.6 or +0.7/-0.7, etc.) 2./ Expiration must be closest to 0 days. 3./ Number of contracts calculated based on selected risk. 4./ Enter trade through a limit price order - abbreviation (LTD) 5./ Entry Order valid for the day - abbreviation (DAY)
EIGHT 1 CLICK EXECUTION BUTTONS: 1./ Buy a CALL option at mid price. 2./ Buy a CALL option at ask price. 3./ Buy a PUT option at mid price. 4./ Buy a PUT option at ask price. 5./ Cancel any unfilled order. 6./ Close 50% of my open trade at mid price. 7./ Close 100% of my open trade at mid price. 8./ Close 100% of my open trade at bid price.
The design of the GUI with description is in the attachments below. I will welcome any suggestions/additions to this project if needed for proper function.
Many thanks, looking forward to hearing from you. Jiri Smid