Knowledge Base

Yes, automating trading strategies is the core use case the Trade API is designed for. You write a program that monitors live market data, applies your entry and exit rules, and places orders automatically. Once the system is running, it operates on its own based on the conditions you have defined.

Common automation use cases include:

• Momentum strategies – buy or sell when price breaks above or below a defined level
• Mean reversion – act when a price deviates significantly from its historical average
• Options strategies – adjust positions based on delta, theta, or other Greeks
• Multi-leg strategies – execute complex order combinations simultaneously across instruments

For traders who prefer not to write code from scratch, the API key can be plugged into compatible low-code or no-code algo platforms. Samco does not endorse any specific third-party tool, but the API supports integration with platforms that allow custom broker connections.

One practical note – back-test thoroughly before going live. The system will do exactly what you tell it to, no more, no less. Solid testing and clear risk controls position size limits, stop-losses, and maximum drawdown thresholds are important before running any strategy with real capital.