Create powerful algorithmic trading strategies effortlessly without having to code!
- Reliable
- Comprehensive
- Fast
- Accurate
Interactive Payoff Curves
Unleash the Power of Expert-Backed Algorithms
- 2 Backtests per Day
- Access to uTrade Originals
- Create Upto 5 Algos
Frequently Asked Questions
uTrade Algos has some amazing features, such as an advanced strategy form, interactive payoff graphs, a margin calculator, uTrade Originals, and a lot more.
Level up your derivatives trading experience with uTrade Algos’ proprietary no-code strategy form and single-click deployment.
Not at all! You can start forward testing with zero capital amount and even without a brokerage account! Try your hand at simulated trading, refine your strategy logics, and when you’re confident you can start algo trading in the live market for which both a trading account and enough capital would be mandatory to be able to deploy the strategies.
There are various types of algorithms including:
- Momentum-based algorithms
- Mean reversion algorithms
- Statistical arbitrage algorithms
- Market-making algorithms
- Volume-weighted average price (VWAP) algorithms
- Time-weighted average price (TWAP) algorithms
While having programming skills can be beneficial, you don't necessarily need to be an expert programmer to use algo trading. Many platforms and libraries like uTrade Algos offer user-friendly interfaces and visual tools, which allow traders to create algorithms without extensive coding knowledge. However, learning programming basics can provide more flexibility and customisation options.
Knowledge Centre
In the world of algorithmic trading, measuring performance goes beyond simply looking at profits. Here strategies are executed at lightning-fast speeds and hence, metrics beyond profits are needed to assess the robustness of it all. Among the various metrics, the PnL aka Profit and Loss is a critical metric that sheds light on the effectiveness of your algo trading strategy.
Algorithmic trading has become increasingly popular among traders looking to automate their strategies and capitalise on market opportunities. With the rise of algorithmic trading platforms like the uTrade Algos algo trading app, traders have access to powerful tools and technologies to execute trades with precision and efficiency. However, to make the most of these tools, it's essential to optimise your algorithmic trades effectively. Let us explore seven essential tips for optimising your algorithmic trades using the app.
In algorithmic trading, where seconds can make a difference, having effective exit parameters is crucial for managing risk and improving the chances of returns. Global exit parameters serve as predefined rules or conditions that trigger the exit of a trade, ensuring disciplined and systematic trading. In this guide, we'll find out about the concept of global exit parameters, explore their significance in algo trading, and understand how they function in real-world trading scenarios.