Building custom algo trading system with Python - where to start?

algotrader

User: Python_AlgoBuilder
Subject: Building custom algo trading system with Python - where to start?
I know Python and want to build my own algo trading system instead of using readymade platforms. What libraries and broker APIs should I use? Is it allowed under new SEBI rules to run algos from my own server?

algotrader

Reply by: QuantDeveloper_Pune
Third-party servers and cloud services are prohibited unless integrated with broker system. So you cant run algos from your own AWS or Digital Ocean server directly. You need to use broker's infra or get your algo registered with exchange if it exceeds speed thresholds. For libraries, use Python with broker APIs like Zerodha Kite, Angel One SmartAPI, or Upstox API. Also checkout libraries like TA-Lib for technical indicators and backtrader for backtesting.

algotrader

Reply by: SelfHosted_Trader
This is frustrating part of new regulations. Earlier I was running my strategies on my own VPS with better control. Now have to depend on broker infrastructure. But I understand SEBI wants accountability. If your algo goes rogue and creates flash crash, they need to know who's responsible. For starting point, checkout AlgoBulls documentation - they have good Python examples even if you dont use their platform.