I don't know what level this project might be. You guys would know better than I.
There are many services which allow a stock trader to pre-program trades based on a certain set of chosen parameters. [[url removed, login to view]] is probably the best. The system can monitor a stock on a chart in 5 minute intervals, for example. The trader can type in a list of conditions that if met, a certain number of shares will automatically be bought from his account. My problem is that I wish to use indications that are not part of their list of parameters for pre-programmed trades.
What I wish to use is a level 2 screen. A level 2 screen of a stock quote not only shows it's bid and ask price, but also shows you everyone who is currently bidding and offering that stock, at what price, and for how many shares. It's much more informative. Here's a link to a page containing a screenshot of a typical level 2 screen. The data in the yellow box is the real-time data that I'm interested in.:
<[url removed, login to view]>
I asked Scottrade what their level 2 screen is programmed in, and they told me c++. Is it possible to have a program that would interface with a level 2 screen to collect and process the data, perform some basic math calculations, and then either give me a signal when certain conditions are met, or interface to automatically purchase shares from an account?
A program that would have enough flexibility to allow me to change some of the calculations, so as to allow me to test different trades, would be important as well.
Currently running Windows XP, but may be changing to Vista soon. Using Inernet Exporer.