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We would like to generate multiple addresses in Electrum, receive BTC to these addresses on a daily basis and auto-forward them to another address automatically. So the flow would be this:

  1. BTC Sent to Electrum generated address
  2. Electrum wallet balance is inquired on a timed basis (every 1 minute)
  3. If Electrum wallet balance is over 0.05 BTC then it will create a new broadcast transaction to a predetermined and fixed wallet

Is this possible?

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Yes, you could for example create a cronjob that calls a shell or python script every minute. A corresponding script would e.g. use electrum getbalance and electrum payto <address> <amount> with some additional logic to forward the funds when enough has been accumulated.

I would suggest that you avoid address-reuse by using extended pubkeys instead of fixed addresses.

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