I request you again to provide LTP API call functionality ASAP. As an INTRADAY option seller, to create a position with SL-L order, we need the LTP of the instrument. We cannot even use extreme Limit price and SL trigger price workaround to modify later, due to LPP protection. So to place an SL-L order for selling index options we need LTP, otherwise we have to just place a market order and create a naked position.
Current work around we use is to place a market order for option sell and then place a buy limit order with trigger and limit price as per the traded price of sell order to create a cover for our positions. But on 14th Aug, such positions would have failed! It would have resulted in carry forward of naked sell positions and cancellation of the buy limit orders that did not trigger by day end!
Since this framework can fail with real example now, it is best to create intraday option sell positions with SL-L order as in case your systems crash, our order/position is still guarded on exchange. But creating SL-L order on Dhan API is useless without knowing the LTP!
So again we request for god’s sake, release the LTP API call functionality!
@PravinJ sir thanks for replying. I know it has been in works for a long time now. But please understand it is very hard to build a system without LTP API. Even then we created our instant option sell intraday system. But now after 14th aug incident, we have lost faith in the workaround and cannot risk placing trades. Please make this high priority. Not knowing LTP in stock market is like a movie with no actor!
Hi @Hardik@PravinJ it’s been almost one year. Could you please roll out LTP direct API. Using websocket just to get LTP is way too headache. Currently I am using Angel one API to get LTP, while my trades are getting executed in DHAN. Please roll this out ASAP.
Yes, we are aware of this and we are working on it as well. We introduced websockets for this use case, and now we are coming up with an updated offering for the same.
Hi @Hardik. Do we have an ETA on this? I’ve come across threads that are over a year old where you mentioned the LTP API, but it still hasn’t been delivered.
Hi @Hardik Just saw DHAN API V2 documentation and wanted to thank you for the new release!!
However, I have a concern regarding the limitation of allowing only one Quote API call per second. While I understand that you can subscribe to up to 1000 instruments in a single call, but not every user requires such a large batch. It would be great to strike a balance between the frequency of API calls allowed and the number of instruments that can be subscribed to in each call. Could you please keep per second limit at least 10 API calls.
@t7support Its not about sub-sec pricing. Limit is ‘1 req/sec’ overall for quote api… When you have multiple scripts polling quotes on multiple instruments, you would like more freedom wrt rate-limits… 3-5/sec would be nice to have (just in case)
@t7support - @VijayNair, That’s right, it’s not about sub-second pulling. The issue is that I can’t fetch the LTP for more than one scrip in a second. Angel One provides 10 requests per second, and it’s free.
We’re paying Rs 499 a month with Dhan, yet we still have to rely on other platforms for APIs. It’s really frustrating. @Hardik@PravinJ
Dhan allows to pull LTP of 1000 symbols in one call per second.
Angel one allows to fetch only 50 symbols in one call per second. 10 requests per seconds in not for their data quote api, it is for their individual order status api query.
