Building a Production ML Trading Dashboard with the Dhan API

Real integration notes for wiring NIFTY ML models to live broker data via Dhan. Research/ paper-trading context — not a live-trading recommendation. Why Dhan Dhan's API exposes direct option-chain access — exactly what an options-ML system needs: POST /optionchain — full chain for an underlying POST /optionchain/expirylist — available expiries Fields: security_id , last_price , volume , oi , previous_oi , implied_volatility , top_bid_price , top_ask_price , and greeks (delta/theta/gamma/vega) Security IDs are stable: NIFTY = 13 (IDX_I) , BANKNIFTY = 10001 (IDX_I) . The Pipeline Shape A research dashboard pulls live chain + underlying, runs the trained XGBoost model on each new 15-minute bar, and displays: side score (CE/PE alignment) gate state (entry ready / blocked) contract quality scores a doctrine/backtest report Keep the inference path separate from the execution path . The dashboard shows; a permissioned, human-approved module places orders. Paper Trade First The DhanLiveTrader pattern: load the model, predict on each new bar, place long orders with configurable SL/TP (default 1.0 ATR SL, 2.0 ATR TP), and run in paper mode first . Only after stable out-of-sample + paper evidence should any execution module even be considered. { "client_id" : "YOUR_DHAN_CLIENT_ID" , "access_token" : "YOUR_DHAN_ACCESS_TOKEN" , "is_paper_trade" : true , "nifty_symbol" : "NIFTY" , "quantity" : 50 , "max_trades_per_day" : 3 , "sl_atr_mult" : 1.0 , "tp_atr_mult" : 2.0 } The Hard Part: Stops A known footgun: using a Stop-Loss Limit (SL-L) order with price = sl − 0.05 means it won't fill if price crashes through the stop. Prefer SL-Market for the protective stop. Execution quality is its own research topic — don't bolt it on at the end. Honest Status The ML side of this stack showed real directional skill (60.5% top-decile accuracy) but the fixed-SL backtest was still unprofitable (PF 0.53). A dashboard that displays an honest "RESEARCH / PAPER" status is worth more than one that hid