Rajandran R Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)

How to AutoGenerate TOTP for Automated Login using Python – AngelOne Trading Account

1 min read

In this tutorial, we are going to autogenerate time-based TOTP using python for Automated Login purposes. TOTP-based login verification is a standard now most brokers across the country had adopted as Two Factor Authentication. In this tutorial used AngelOne Trading Account for the TOTP generation process. Broker to Broker the TOTP generation procedure might vary.

What is 2-factor authentication (2-FA)?

The 2FA or 2-factor authentication is a user authentication process where brokers offer to traders/investors any two of the following three types of authentication mechanisms to users for logging in to their online trading account-

  1. Knowledge factor (i.e. something that only the user knows) e.g. PIN, password, etc.
  2. Possession factor (i.e. something that only the user has) e.g. OTP, security token, authenticator apps on smartphones, etc.
  3. Biometrics (i.e. biological identity markers of the person) e.g. fingerprint, face id, pattern, etc.

Manual TOTP Generation Process using Google Authenticator

Step 1 – Visit smartapi.angelbroking.com/enable-totp


Step 2 – Enter your Angel One client id and trading terminal password or MPIN
Step 3 – Enter OTP sent to the Registered email & mobile. Once OTP is entered, you will see a QR code on the screen and a token number on the screen.


Step 4 – Open the Google Authenticator App. Install it from Android Playstore or Apple Store
Step 5 – Scan the QR code generated from our site on your authenticator app

Google authenticator now generates TOTP(Time-based OTP) and it is valid for 60 seconds. Use this for manual TOTP verification

How to Generate TOTP using Python Automatically?

PyOTP is a Python library for generating and verifying TOTP-based login verification. It can be used to implement two-factor (2FA) or multi-factor (MFA) authentication methods in web applications and in other systems that require users to log in.

Install pyOTP library using the PIP command

pip install pyOTP

Python Code for TOTP generation

import pyotp
import time

token =  'enter your QR code token'
totp = pyotp.TOTP(token).now()
print("Totp is : "+totp)

Output:

Totp is : 979337

The generated TOTP should be exactly matching with Google Authenticator

Rajandran R Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)

Nifty Daily Returns – Distribution Statistics – Python Code

The Nifty index is one of the most popular stock market indices in India among traders and investors, and it tracks the performance of...
Rajandran R
3 min read

Supertrend Algomojo Trading Strategy using Algomojo and yfinance

Supertrend is a simple ATR-based trend-following strategy that identifies the current trend and mages the risk dynamically with ATR-based trailing stoploss. In this blog,...
Rajandran R
6 min read

Build a Correlation Matrix using Python Pandas and Seaborn

In finance, a correlation matrix is a matrix that shows the correlation between different variables. It is a powerful tool for analyzing the relationships...
Rajandran R
2 min read

Leave a Reply

Get Notifications, Alerts on Market Updates, Trading Tools, Automation & More