We, at Dhan, are always striving to enhance our products / services and build the best possible trading & investing experience for you. We are about to complete almost one year with DhanHQ - our trading API service.
In just 12 months over 30+ partners have built on Dhan APIs and extended Dhan execution capabilities to end users on their platforms - this includes the best in the world like TradingView, Tata Capital, smallcase, GoCharting, Algobulls, Tradetron and many more. Not just this, over 250+ individuals have created their strategies & systems on top of these very APIs and execute orders on exchanges via own.
While we have kept on enhancing our API offering time and again, one of the long standing requests from our community has been for Market Feed Data API. We build for users at Dhan and this active community has helped us a lot in shaping our products.
This time, we need your suggestions and ideas on what our Market Feed Data API (Websocket Streaming) should look like. As we have always said, Market Feed is a very tech-heavy development and we want to offer nothing but the best to Dhan users.
So, let us know what would you like to have in DhanHQ Market Feed Data APIs. Some information which will be of help are:
What should be the rate limits for Market Feed API?
If you have been using data from some other source, what would you like Dhan to add more to this?
How complex do you think websockets are to integrate with or without Client Libraries?
Which segment and how many scrips data is required at one time? What should be the maximum number of instruments that one wants to subscribe to?
What other data should be included in Websocket along with Last Traded Price
Exploring: What would be the price that you would be willing to pay per month?
Also, please do share your suggestions and recommendations that would improve overall DhanHQ API offering. Your input is valuable to us and will help us to continue to provide the best service for you.
If there is a detailed feedback or suggestions you would have for APIs, we are available on api@dhan.co.
@Hardik
1}Data Quality must be fast same as your web execution is.
2} It should not disconnect multiple times in a day {many broker APIs have this issue}
3} even if it cost that’s ok, but now many brokers provide free market data like the 5 paise I use in Quantower.
4} if there is any cost then according to me the cost should not be more than 350/- per month, it should include all exchanges. you can limit the symbol number to max 200. if some one wants more symbols then he can pay additional for that.
5}most important is to have a continuous chart also for all the index/stock and mcx{mcx is must because I trade in that }, so it gets easy for anyone to backtest.
We rarely follow anyone in our competition, best is to be guided by customers. We build Dhan because existing brokers did not innovate or listen to their users. Request to share details as per your usecases, that makes it super helpful for us to think about it.
@Hardik@PravinJ
market feed data will be tick based or 1 min ohlc based, and will I be able to get this data in Quantower because they told me, at present, they are working on trading API connection only.
Integration with Quantower is in process and we are working with them closely to ship out the integration fast. We will keep the community posted when we intend to release the integration along with all the details.
}, so it gets easy for anyone to backtest.
