Telegram to Angel One Trading Signal Bot
Automate your trading workflow with the Telegram to Angel One Trading Signal Bot, a Python-based trading automation software designed to process Telegram trading signals and execute orders through the Angel One SmartAPI.
The software monitors incoming trading signals, identifies the relevant trading contract, waits for the specified entry price, and places a market order when the entry condition is met. After the entry order is confirmed, the application monitors live prices through the Angel One WebSocket market feed to detect Target and Stop Loss conditions.
Key Features
1. Automatic Telegram Signal Processing
Connect your Telegram account to monitor a configured channel and extract trading details such as the trading symbol, option strike, entry price, Target, and Stop Loss.
2. Angel One SmartAPI Integration
Connect your Angel One trading account and execute market orders through the SmartAPI. The software checks order status before updating the trade state.
3. Live WebSocket LTP Monitoring
Use live Last Traded Price (LTP) updates through the Angel One WebSocket feed to monitor entry conditions and open trades. Automatic reconnection and subscription recovery help maintain market-data connectivity.
4. Software-Based Stop Loss and Target
Instead of placing separate exchange-side Target and Stop Loss orders, the software monitors the open position and submits a market exit when the configured Target or Stop Loss condition is reached.
Important: These exits depend on the application, market-data connection, and order API remaining operational. Execution is not guaranteed at the exact trigger price, especially during rapid price movements or network interruptions.
5. Entry Price Range Support
Process exact, range-based, and ABOVE-style entry signals.
Examples:
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Exact entry: 215 → entry range 215–220
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Range entry: 215–220 → entry range 215–220
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ABOVE entry: 215 → entry range 215–220
The configured entry range is used to determine when the software can submit a Buy order.
6. Change Target and Stop Loss
Modify the software-managed Target and Stop Loss from the interface while a trade is open, without replacing separate exchange-side protection orders.
7. Manual Square Off
Use the Square Off feature to request a market exit for an open position.
8. Order Status and Trade Monitoring
Track order status, entry price, current LTP, Target, Stop Loss, and trade history from the desktop interface. The software checks the broker's order response before marking an order as completed.
9. Configurable Trading Controls
Configure supported Telegram and Angel One API settings, trading quantity, monitoring options, and other application settings through the graphical interface.
How It Works
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Connect Telegram and Angel One SmartAPI.
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Select the Telegram channel containing your trading signals.
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Receive and parse a signal containing entry, Target, and Stop Loss.
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Wait until the market price satisfies the configured entry range.
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Submit a market Buy order and confirm its execution.
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Monitor the open position using WebSocket LTP.
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Submit a market Sell order when Target or Stop Loss is triggered.
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Confirm the exit order status and update the trade history.
Who Can Use This Software?
This tool is designed for traders who receive trading calls through Telegram and want to automate supported order execution through Angel One. It can be useful for options traders and other traders using supported instruments and exchanges.
Important Risk Disclosure
Software-managed Stop Loss and Target are not exchange-resident protective orders. If the application stops, market data becomes unavailable, or the broker API fails, an exit may be delayed or missed. Market orders may execute at prices different from the configured trigger. Test in paper-trading mode before using real funds.
This software does not guarantee profits or eliminate trading risk. Verify broker support, contract details, order permissions, and exchange restrictions before live trading.