uTrade Algos

May 2024

Dear Traders,

As we step into a new month, we’re excited to bring you a roundup of all the enhancements, developments, and news from the world of uTrade Algos that unfolded in the month of May.

Without further ado, let’s dive into what’s happening in the world of algorithmic trading and uTrade Algos!
Join our Whatsapp Community 
Join uTrade Algos Community for insights and updates on algo trading, daily analysis of the Indian Options Market, and early access to exclusive Algorhythm webinars & events.
uTrade Algos In Media  📹
Algo Trading Decoded: How Algorithms Shape Your Financial Future
Read More
What is the best way to regulate algo trading and make it safer for retail traders?
Read More
How will AI help democratise intelligence in algorithmic trading? Here are 5 ways
Read More
Product Updates 🚀  
We’ve made some exciting enhancements to our no-code algo builder this month:
  • Deploy on the go with the upgraded uTrade Algos app! Enjoy detailed insights on uTrade Originals, fine-tune custom strategies, and manage strategy-wise books for optimal monitoring.
  • uTrade Algos offers secure, hassle-free sign-in with OTP via phone number, no email required for both new and existing users.
  • Days to Expiry: uTrade Algos’ new feature lets you easily deploy strategies without worrying about expiry dates.
  • Share Strategy: uTrade Algos’ new & unique feature lets you effortlessly share strategies with friends & family for simplified planning and better trading decisions.
Check it out
Algorhythm 2.0  👥  
Algos – The Future of Trading
Join our upcoming algos workshop to plan, strategize, and automate your trades! Perfect for safeguarding portfolios, enhancing market strategies, and mastering algo trading in Indian markets.
Algorhythm Webinar 
Missed our webinar on safeguarding your portfolio during a falling market? Watch now
uTrade Algos: Market’s Unanimous Choice 👥  
Maximize Your Trading Success with uTrade Originals
Strategies for different market scenarios empowering seasoned traders and beginners to experience the power of algo trading.
Trade Smart, Not Hard!
uTrade Algos: Trade with Ease
Dive into strategy automation and take your trading game to next level.
Trade Smart, Not Hard!

Knowledge Centre ✍ 

Keep your finger on the pulse of algorithmic trading with our curated selection of the latest articles, trends research and emerging technologies impacting the industry.
What Role Does AI Play in Algorithmic Trading?
Why uTrade Algos Stands Out Among Algo Trading Platforms in India

Latest Videos 📺

We’ve created a new playlist, to show you how uTrade Algos can make your trading journey easier and more efficient through short informative videos and relatable analogies.
Elevate your trading game with insights from industry experts. Dive deep into algo trading strategies, market analysis & more.
Join us on this educational journey as we equip you with the knowledge and tools to thrive in the world of algorithmic trading.
Our team at uTrade Algos is committed to providing you with the tools and knowledge you need to succeed in the financial markets. Follow us on social media and join our community forums to stay updated.

A big thank you to all for your continued trust and support in uTrade Algos. Stay tuned for more updates.

Regards,
Team uTrade Algos

 

Frequently Asked Questions

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uTrade Algo’s proprietary features—advanced strategy form, one of the fastest algorithmic trading backtesting engines, and pre-made strategies—help you level up your derivatives trading experience

The dashboard is a summarised view of how well your portfolios are doing, with fields such as Total P&L, Margin Available, Actively Traded Underlyings, Portfolio Name, and Respective Underlyings, etc. Use it to quickly gauge your algo trading strategy performance.

You can sign up with uTrade Algos and start using our algo trading software instantly. Please make sure to connect your Share India trading account with us as it’s essential for you to be able to trade in the live markets. Watch our explainer series to get started with your account.

While algo trading has been in use for decades now for a variety of purposes, its presence has been mainly limited to big institutions. With uTrade Algos you get institutional grade features at a marginal cost so that everyone can experience the power of algos and trade like a pro.

On uTrade Algos, beginners can start by subscribing to pre-built algos by industry experts, called uTrade Originals. The more advanced traders can create their own algo-enabled portfolios, with our no-code and easy-to-use order form, equipped with tons of features such as robust risk management, pre-made algorithmic trading strategy templates, payoff graphs, options chain, and a lot more.

From single-leg strategies to complex portfolios, with upto five strategies, each strategy having up to six legs, uTrade Algos gives one enough freedom to create almost any auto trading strategy one likes. What’s more, is that there are pre-built algos by industry experts for complete beginners and pre-made strategy templates for those who want to try their hand at strategy creation.

An interesting feature that uTrade Algos is bringing to the table is a set of pre-built algorithms curated by top-ranking industry experts who have seen the financial markets inside out. These algorithms, called uTrade Originals, will be available for subscribers on the platform.

Algos have the capability to fire orders to the exchange in milliseconds, a speed which is impossible in manual trading. That is why traders leverage the power of algo trading to make their efforts more streamlined and efficient. You can try uTrade Algos for free for 7 days!

Claim your 7-day free trial!

Experience uTrade Algos on the web and mobile app without any commitment.

Knowledge Centre & Stories of Success

In the fast-paced and ever-evolving world of trading, where decisions are made in seconds, the importance of thorough preparation cannot be overstated. Backtesting trading stands as a critical tool in a trader's arsenal, offering a way to test and validate trading strategies using historical market data. This process provides invaluable insights into the potential performance and risks associated with a strategy before real capital is put on the line. Here, we explore the top seven reasons why a backtesting platform is crucial for trading success, focussing on its pivotal role in optimising strategies and mitigating risks.

Algorithmic trading, powered by advanced mathematical models and automated processes, has reshaped the landscape of financial markets worldwide. When paired with quantitative analysis, which involves extensive data-driven research and statistical methods, these approaches can amplify trading strategies' effectiveness. This blog explores the synergistic benefits of combining algorithmic trading with quantitative analysis, highlighting strategies, platforms, and real-world applications.

Quantitative trading has altered financial markets by leveraging advanced mathematical models and data analysis to make trading decisions. At the heart of successful quantitative trading strategies lies backtesting—an essential process that evaluates the performance of trading algorithms using historical market data. This comprehensive guide explores the critical role of backtesting in quantitative trading, its benefits, methodologies, best practices, and the pivotal role of quantitative trading platforms and software.

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