uTrade Algos is a popular algo trading platform in India that offers a wide range of features to help users create, test, and deploy algorithmic trading strategies. While the web platform provides a comprehensive set of tools, the uTrade Algos mobile app allows users to access their accounts and manage their trades from anywhere. This article will explore some of the key features of the uTrade Algos mobile app that enhance the trading experience for users.

Pre-made Strategy Templates

One of the most beneficial features of the uTrade Algos mobile app is the availability of pre-made strategy templates. These templates cover a wide range of asset classes, including futures, options, and stocks. Users can browse through the templates and select one that aligns with their trading goals and risk tolerance. The templates can then be customised to fit the user's specific needs. This feature is especially helpful for new traders who are still learning about algo trading.

uTrade Originals

uTrade Originals is a service that provides users with access to algos built by industry experts. These algos are designed to be easy to implement and can be deployed with a single click. This feature is ideal for busy or even new traders who don't have the time or experience to develop their own strategies.

Dynamic Payoff Graphs

The uTrade Algos mobile app also provides dynamic payoff graphs that allow users to visualise the potential profit and loss of their strategies under different market conditions. This helps users understand the risks and rewards associated with each trade before they deploy it. By seeing how changes in factors like price, volatility, and volume can impact their strategy's performance, users can make more informed trading decisions.

Global Exit Settings

The uTrade Algos mobile app allows users to set global exit settings for their trades. This means that users can define take-profit and stop-loss levels for all of their trades in one place. This can save users time and ensure that their trades are automatically exited when certain conditions are met.

Panic Control Feature

The panic control feature is a unique feature offered by uTrade Algos that allows users to pause all of their algo trades with a single click. This can be helpful in volatile market conditions when users want to take a step back and reassess their strategy.

uTrade AI Assistant

An AI-powered trading companion that simplifies algorithmic trading. It helps traders select suitable strategies based on their capital and trading day and even create custom strategies without coding. By providing data-driven recommendations and enabling easy customization, uTrade AI Assistant empowers both beginner and experienced traders to make informed decisions and improve their trading outcomes.

Other User-Friendly Features

The uTrade Algos mobile app also offers a number of other user-friendly features, such as:

  • Real-time market data: Users can view real-time market data for the assets they are trading.
  • Order management: Users can deploy or cancel orders directly from the app.
  • Position tracking: Users can track their open positions and view their current profit and loss.
  • Account management: Users can view their account balance and transaction history.

Conclusion

The uTrade Algos mobile app is a powerful tool that can help users of all experience levels improve their trading experience. The app's user-friendly features make it easy to create, test, and deploy algo trading strategies while also providing users with the tools they need to manage their trades effectively.