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On this page
  • For Traders
  • For Developers
  1. New Features

API Analyzer

OpenAlgo API Analyzer Documentation

The OpenAlgo API Analyzer is a versatile tool designed to assist both traders and developers in testing, validating, and monitoring their trading integrations seamlessly and in real-time.


For Traders

Key Features

  1. Real-Time Order Validation

    • Test orders without triggering actual execution.

    • Receive instant feedback on order parameters.

    • Validate trading strategies before deploying them live.

  2. Order Monitoring

    • Get a real-time view of all order requests.

    • Track modifications and cancellations in real-time.

    • Monitor position closures effectively.

  3. Strategy Management

    • Group and track orders by strategy name.

    • Simultaneously monitor multiple strategies.

    • Analyze and compare strategy performance metrics.

  4. Risk Management

    • Verify order parameters prior to execution.

    • Check position sizes, quantities, and limits.

    • Ensure price triggers and conditions meet expectations.

  5. Notifications

    • Instant visual and sound alerts for key actions.

    • Clear feedback for successes and errors.

    • Simplify tracking with real-time notifications.

Benefits for Traders

  1. Risk Reduction

    • Safely test strategies without financial exposure.

    • Catch and correct errors before execution.

    • Minimize trading-related risks.

  2. Strategy Optimization

    • Refine trading parameters with confidence.

    • Experiment with different order types.

    • Optimize the efficiency of position sizing.

  3. Operational Efficiency

    • Quickly validate trading concepts and ideas.

    • Monitor multiple strategies effortlessly.

    • Gain real-time insights into order statuses.

  4. Cost Savings

    • Prevent costly trading errors.

    • Use the analyzer for strategy testing without incurring brokerage fees.

    • Optimize overall trading expenses.


For Developers

Technical Features

  1. API Testing Environment

    • Test API endpoints in a sandbox mode.

    • Validate request and response formats.

    • Debug integration issues with ease.

  2. Request Validation

    • Automatic checks for parameter accuracy.

    • Validate symbol existence and compatibility.

    • Ensure price and quantity adhere to rules.

  3. Response Analysis

    • Inspect detailed API responses.

    • Analyze error messages for debugging.

    • Verify HTTP status codes and response integrity.

  4. Real-Time Monitoring

    • Use WebSocket for live event tracking.

    • Log requests and responses for review.

    • Monitor API performance metrics in real time.

  5. Debug Tools

    • Examine request payloads.

    • Inspect response data structures.

    • Track API call sequences for troubleshooting.

Implementation Details

  1. Supported API Endpoints

    • Place Order

    • Place Smart Order

    • Modify Order

    • Cancel Order

    • Cancel All Orders

    • Close Position

  2. Validation Rules

    • Check required fields.

    • Validate data types and value ranges.

    • Verify symbol existence and exchange compatibility.

  3. Event System

    • Real-time updates via WebSocket.

    • Alerts for order status changes.

    • Notifications for errors and system events.

  4. Data Storage

    • Log requests, responses, and errors.

    • Track performance and monitor API usage trends.

Integration Benefits for Developers

  1. Accelerated Development

    • Rapidly test and iterate API integrations.

    • Get instant feedback to improve workflows.

    • Simplify debugging with detailed logs.

  2. Enhanced Code Quality

    • Ensure integration logic is robust.

    • Catch potential errors early in the process.

    • Implement reliable error handling mechanisms.

  3. Comprehensive Documentation

    • Access examples for requests and responses.

    • Review common error scenarios and solutions.

    • Follow integration best practices.

  4. Improved Maintenance

    • Monitor API usage and performance regularly.

    • Debug issues with historical data and logs.

    • Maintain system reliability with proactive tracking.


Best Practices

Testing

  • Always test new strategies in analyzer mode.

  • Validate all input parameters before proceeding to live trading.

  • Simulate edge cases to ensure robustness.

Monitoring

  • Review analyzer logs frequently.

  • Track error rates and address anomalies promptly.

  • Regularly analyze strategy performance.

Integration

  • Implement error-handling mechanisms in your integrations.

  • Use retry logic for transient failures.

  • Respect API rate limits to ensure smooth operations.

Maintenance

  • Keep API keys secure and confidential.

  • Update integrations regularly for compatibility.

  • Continuously monitor the health of your systems.


Support

For any technical assistance or feature suggestions, reach out via:

  • GitHub Issues: Report bugs or request new features.

  • Community Support: Connect with other users for advice and collaboration.

  • Documentation Updates: Check for the latest changes and enhancements.

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Last updated 5 months ago