Zerodha Kite API: How to Script Automated Buy Orders Using Python
Details
In this session, we will discuss how to connect to the Kite Connect API using Python and create an automated buy order based on a custom trigger price.
A basic example of creating a buy order via the API - While this same order can be created directly on the Kite website (using GTT) without any coding, learning to do this in Python help builds the fundamentals of an automatic trading setup.
Once we learn the fundamentals of the Kite Connect API and Python, we can create our own strategies, test them, and execute orders based on specific chart patterns or specific volume movements (Algo Trading).
### The Code & Environment
We create and refine specific prompts to generate the functional Python code needed for automation, and the code is generated by AI tools such as ChatGPT and Gemini.
We will walk through the resulting pre-written, fully functional code to understand the workflow. The script is tested in Visual Studio Code and is ready to perform:
- Real-time price monitoring and trigger logic.
- Automated Buy Order creation.
In this session, we will cover:
- The Setup: How to subscribe to KiteConnect API and get your API keys; set up the coding environment.
- The Connection: Authenticating Python script with Zerodha.
- The Logic: Writing a simple condition (e.g., If price reaches trigger value).
- The Execution: How to trigger an automated BUY order when condition is met.
### Who is this for?
- Learners or Beginner level Intraday Traders.
- Python enthusiasts curious about financial APIs.
- Prerequisites:
- Demat Account in Zerodha or any other broker with API facility.
- A basic understanding of Python syntax is helpful but not strictly necessary, as Python fundamentals are easy to learn.
