Empower Your Trading Strategy with Global Exit Parameters
Set precise profit targets and minimise losses across all portfolios through precise profit targets and risk control mechanisms. Achieve trading goals with strategic profit locking and loss prevention measures.
What are Global Exit Parameters?
Global exit parameters are pre-set conditions by the user that automatically close trading positions based on specific profit or loss thresholds, ensuring efficient risk management. They allow traders to set limits on both profit and loss across all portfolios, optimising your algo trading strategies.
Custom Threshold Settings
Adjust your profit and loss thresholds for tailored algorithmic trading strategies. Traders can set target profit and stop loss amounts to match individual portfolio requirements.
Automated Position Control
Automated position closure optimises portfolio management by triggering trades at pre-set profit or loss points, streamlining trader involvement.
Precision Risk Management
Traders maintain disciplined risk management with ‘Global Target Profit’ and ‘Global Stop Loss’, setting precise profit and stop loss targets for consistent risk-reward ratios.
Interactive and Dynamic Payoff Curve
uTrade Algos’ payoff curves are interactive, taking into account factors such as the underlying asset’s price, implied volatility of the options contract, and desired expiry for the options contract, etc. Using these, you can see the potential profit or loss for your trading positions in real-time.
Wait, there's more!
We’ve enhanced algo trading accessibility with these added features, boosting the effectiveness and user-friendliness of our Global Exit Parameters.
Profit Safeguard
Our ‘Global Locked Profit’ feature allows traders to secure profits and adjust profit levels across portfolios, optimizing strategies for maximum profitability.
Exit Clarity
The exit parameters ensure transparent trading by clearly defining when positions will close, helping algo traders grasp the precise profit and loss criteria.
Your 7-day free trial is on us!
Experience uTrade Algos on the web and mobile app without any commitment.
- Access to uTrade Originals
- Create upto 5 algos
Frequently Asked Questions
Expand All
How can one set the ‘Global Target Profit’ for portfolios on the uTrade Algos algo trading platform?
To set the ‘Global Target Profit’, one needs to specify a fixed amount of profit across all portfolios, such as ₹1,00,000. When the collective profit of all portfolios reaches this set value, all running portfolios will be closed, and open positions will be squared off automatically.
What is the purpose of the ‘Global Stop Loss’ feature on the uTrade Algo ?
The ‘Global Stop Loss’ feature helps limit losses across all portfolios by setting a fixed loss amount, for instance, ₹5,000. If the cumulative loss across portfolios reaches this threshold, all running portfolios are terminated, and open positions are squared off to minimise further losses.
How do global exit parameters enhance trading strategies ?
Global exit parameters enhance trading strategies by enabling precise portfolio management through customisable profit targets and stop loss levels. They facilitate disciplined risk management and adaptability to market conditions, thereby maximising chances of profit and minimising losses.
What types of trading strategies are best suited for global exit parameters ?
Global exit parameters are well-suited for a wide range of trading strategies, including trend-following, momentum trading, swing trading, and even algorithmic trading. These parameters provide traders with the flexibility to set specific profit targets and stop loss levels, allowing them to implement their strategies effectively while managing risk efficiently.
How frequently should traders review and adjust their global exit parameters ?
Traders should regularly review and adjust their global exit parameters to adapt to changing market conditions and trading objectives. This frequency depends on factors like market volatility and individual trading styles, but it’s recommended to do so at least weekly or when significant market changes occur.