While going through this article, i understood this is for the UI charts in Mobile and browser.
Are we also going to get this feature for API websocket ticker as well?
I hope we do!
@Pradeep_Jaiswar
Equity, Futures, and Options charts connected to the NSE utilize tick-by-tick (TBT) data for the Pro platform and Upstox API 2.0. Itâs important to note that NSE indexes do not use TBT data.
In the future, this will be accessible via websocket.
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Is the true tick by tick data now accessible via websocket?
Not yet. We will update the thread once itâs available. Please note that we do not have an ETA at this time.
Is there a way to fetch the OHLC values of the candles? if not true tick by tick. Else how are we going to leverage the benefits of this amazing work you guys have done?
You can refer to the documentation here below.
Refer response-body section for OHLC fields.
See pradeep jaiswar i want to develop algorithm that detects institutional activity
suppose i want to use it in nifty futures basically large orders are placed by market makers in the type of iceberg orders hidden so that is accessible in market depth also but if we get the access for order id , volume ,quantity,timestamps etc we can use it and find where the instiutional activity is going on.
as you said the upstox is giving tick by tick data level 3 data. each and every granular infromartion useful for this method .Please give the response asap
Detecting institutional trading activity directly isnât possible. The API doesnât provide specific markers or attributes differentiating institutional and retail trading activity. However, you can potentially infer some indicators indirectly based on market behavior or trading patterns, although this would not be conclusive.
While large orders can be detected, thereâs no guarantee that the large order is from an institutional traderâretail traders can also place large orders. For more accurate detection, you would need access to proprietary institutional data (like dark pool orders or large private block trades), which Upstox does not provide.
@Pradeep_Jaiswar if any dark pool orders placed, are these stamped in order book and possible to get this information from tick data lvl 3?
Also the order book information that we get tick by tick, what is the source of truth for this i.e are orders only placed by upstox visible here or provided by nse/bse on overall trading volume
There are no âdark poolsâ in NSE/BSE like there are in the US. Youâll see all orders present in the order book in Tick Level 3 data.
The only thing that any order may hide is the full quantity. Any buyer/seller can specify âdisclosed quantityâ which can hide 90% of the quantity. For example, if you want to sell 100 shares, you can set disclosed quantity to 10 - and on the book it will only show 10. Once the 10 have been filled, another 10 will pop up until the entire 100 is exhausted. This feature is available to retail and institutional folks too (see screenshot)
Order book info source is NSE not Upstox or BSE. We take live data from the exchange, consolidate it and package it out.
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